![Refund by Employee for Breach of Non-Competition Agreement Not “Salary”, Not Assessable as “Income”: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Refund-by-Employee-Breach-of-Non-Competition-Agreement-Salary-Income-ITAT-Taxscan.jpg "Refund by Employee for Breach of Non-Competition Agreement Not “Salary”, Not Assessable as “Income”: ITAT [Read Order]")
Refund by Employee for Breach of Non-Competition Agreement Not “Salary”, Not Assessable as “Income”: ITAT [Read Order]
The Pune Income Tax Appellate Tribunal (ITAT) determined that the reimbursement of severance cannot be regarded as salary for the purposes of...
![Budget 2023: Major amendments in Co-Operative Sector Taxation [Read Finance Bill]](https://www.taxscan.in/wp-content/uploads/2023/02/BUDGET2-1.jpg "Budget 2023: Major amendments in Co-Operative Sector Taxation [Read Finance Bill]")
Anushka Sharma reprimanded by Bombay HC for Tax Petition filed through Taxation Consultant [Read Order]
The Bombay High Court has recently reprimanded Actor Anushka Sharma for filing a Writ Petition in relation to the additions by the Assessing Officer in terms of copyrights allegedly acquired by...
![Anushka Sharma reprimanded by Bombay HC for Tax Petition filed through Taxation Consultant [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Anushka-Sharma-reprimanded-by-Bombay-HC-Tax-Petition-Taxation-Consultant-TAXSCAN.jpg "Anushka Sharma reprimanded by Bombay HC for Tax Petition filed through Taxation Consultant [Read Order]")
'No serious efforts seem to have been made', says Supreme Court in Pendency of Investigation of Excise Cases in Punjab [Read Order]
The two-judge Supreme Court Bench of Justice M R Shah and Justice M M Sundresh observed recently in a Special Leave Petition filed by Tarsem Jodhan and others that, "No serious efforts seem to have...
Cash Deposits not Corroborated with Business Receipts or Cash Withdrawals: ITAT upholds Addition u/s 68 [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench has held that cash deposits are not corroborated with business receipts or cash withdrawals and upholds addition under section 68 of IT Act. ...
![Cash Deposits not Corroborated with Business Receipts or Cash Withdrawals: ITAT upholds Addition u/s 68 [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Cash-Deposits-Business-Receipts-Cash-Withdrawals-ITAT-Taxscan.jpg "Cash Deposits not Corroborated with Business Receipts or Cash Withdrawals: ITAT upholds Addition u/s 68 [Read Order]")
Set back to TATA Sponge: ITAT disallows Income Tax Deduction u/s 80 IA as Income from Eligible unit Not shown in Gross Total Income [Read Order]
The Cuttack Bench of Income Tax Appellate Tribunal ( ITAT ) has disallowed deduction u/s 80 IA since income from eligible unit not shown in gross total income. The appellant, Tata Sponge...
![Set back to TATA Sponge: ITAT disallows Income Tax Deduction u/s 80 IA as Income from Eligible unit Not shown in Gross Total Income [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/TATA-Sponge-ITAT-Deduction-Income-Gross-Total-Income-taxscan.jpeg "Set back to TATA Sponge: ITAT disallows Income Tax Deduction u/s 80 IA as Income from Eligible unit Not shown in Gross Total Income [Read Order]")