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![CBDT notifies Amendment to Procedures for Filing Tax U/s 115BAA by Domestic Companies [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/02/Domestic-Companies-Section-115BAA-Income-Tax-CBDT-Taxscan.jpg "CBDT notifies Amendment to Procedures for Filing Tax U/s 115BAA by Domestic Companies [Read Notification]")
CBDT notifies Amendment to Procedures for Filing Tax U/s 115BAA by Domestic Companies [Read Notification]
The Central Board of Direct Taxes (CBDT) has notified new additions to the methods and procedures followed by domestic companies for filing tax Under...
![Error in Short-Levy of Service Tax can be ratified by Assessee either by Suo-Moto or Paying the Tax ascertained before Serving of Notice: Madras HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/02/Service-Tax-Error-Suo-Moto-Tax-Taxscan.jpg "Error in Short-Levy of Service Tax can be ratified by Assessee either by Suo-Moto or Paying the Tax ascertained before Serving of Notice: Madras HC [Read Judgment]")
MODVAT Credit not allowable as Deduction u/s 43B of Income Tax Act: Supreme Court [Read Judgment]
The Supreme Court in the case of Maruti Suzuki India Ltd v CIT has held that MODVAT credit does not qualify as ‘any sum payable by the assessee by way of tax, duty, cess or fee’ u/s 43B of the Central...
![MODVAT Credit not allowable as Deduction u/s 43B of Income Tax Act: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/02/MODVAT-Credit-MODVAT-Scheme-Income-Tax-Act-Supreme-Court-Taxscan.jpg "MODVAT Credit not allowable as Deduction u/s 43B of Income Tax Act: Supreme Court [Read Judgment]")
![No TDS applicable on Discounts given to Distributors of Prepaid SIM Cards: Bombay HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/01/Vodafone-Taxscan.jpg "No TDS applicable on Discounts given to Distributors of Prepaid SIM Cards: Bombay HC [Read Judgment]")
![Vivad se Vishwas Scheme: All You Need to Know [Read Bill]](https://www.taxscan.in/wp-content/uploads/2020/02/Vivad-se-Vishwas-Scheme-Budget-2020-Budget-Speech-Finance-Minister-Nirmala-Sitharaman-Taxscan.jpg "Vivad se Vishwas Scheme: All You Need to Know [Read Bill]")
Relief for Rajinikanth: Income Tax Department withdraws Tax Appeal from Madras High Court [Read Order]
In a relief for Rajinikanth, the Income Tax department has withdrawn their three tax appeal filed in the Madras High Court against the Superstar Rajinikanth, for concealing his income and expenditure...
![Relief for Rajinikanth: Income Tax Department withdraws Tax Appeal from Madras High Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/02/Tax-Appeal-Rajnikanth-Income-Tax-Department-Taxscan.jpg "Relief for Rajinikanth: Income Tax Department withdraws Tax Appeal from Madras High Court [Read Order]")