Absence of Tax Evasion: Uttarakhand HC quashes Disproportionate Penalties for lack of Delivery Challan
A Single Bench of the Uttarakhand High Court has quashed the disproportionate penalties imposed for lack of delivery challans, despite compliance...
![Expired GST E-Way Bill Pre-Detention, No Intention to Evade Tax: Allahabad HC orders Refund of Tax and Penalty Amount [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/GST-E-Way-Bill-Pre-Detention-Evade-Tax-Allahabad-HC-Refund-of-Tax-Penalty-Amount-taxscan.jpg "Expired GST E-Way Bill Pre-Detention, No Intention to Evade Tax: Allahabad HC orders Refund of Tax and Penalty Amount [Read Order]")
Kerala's Biggest Ponzi Investment Fraud: ED opposes Bail for Highrich Group MD and CEO in Kerala HC, Anticipatory Bail Hearing on Friday
The ED, in its counter affidavit opposing a bail petition by Highrich MD Kolatt Dasan Prathapan and Sreena Prathapan, revealed that a preliminary investigation indicated that the accused were...
Tax implications and neutrality of transaction play a pivotal role in determining applicability of Section 40A (2) (a) of Income Tax Act: ITAT [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) observed that tax implications and neutrality of transaction play a pivotal role in determining applicability of under Section 40A(2)(a)...
![Tax implications and neutrality of transaction play a pivotal role in determining applicability of Section 40A (2) (a) of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/itat-mumbai-Tax-Implications-in-Transactions-ITAT-Ruling-on-Tax-Neutrality-Taxation-of-Financial-Transactions-taxscan.jpg "Tax implications and neutrality of transaction play a pivotal role in determining applicability of Section 40A (2) (a) of Income Tax Act: ITAT [Read Order]")
Income Tax Notices issued to Insurers' intermediaries under Benami Law for suspected Fund routing violations
In the wake of confrontations with income and service tax authorities last year, insurers and their agents are now facing the implications of the stringent benami law. In the past week, several...
Ex Parte Assessment Order passed regarding Bogus Purchases: ITAT directs re adjudication [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore bench, directed readjudication on account of an ex parte assessment order regarding the bogus purchases. After filing the return of income, the...
![Ex Parte Assessment Order passed regarding Bogus Purchases: ITAT directs re adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/ITAT-ITAT-directs-readjudication-Assessment-Order-TAXSCAN.jpg "Ex Parte Assessment Order passed regarding Bogus Purchases: ITAT directs re adjudication [Read Order]")
CTRL+ALT+DECEIT: Tax-Evasion Implications of alleged NexGen Rigs Kerala Gaming PC Sales Fraud misusing Malayalam Gaming and Tech Youtubers for Promotions
An alleged Gaming PC sales fraud has allegedly left hundreds of gaming and technology enthusiasts at a loss of money and time. Nexgen Rigs, at Trivandrum, Kerala is said to have used Malayalam...
