Budget 2022 proposes levy of 10% TDS on Perquisites exceeding Rs. 25,000
The Finance Bill, 2022 proposed on Tuesday has inserted a new provision imposing deduction of 10% TDS on the amount of perquisites provided to an...
![Reimbursement of Expenses can’t be treated as Income, No TDS: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/01/No-TDS-Reimbursement-of-Expenses-Income-TDS-ITAT-Taxscan.jpg "Reimbursement of Expenses can’t be treated as Income, No TDS: ITAT [Read Order]")
NRI liable for TDS deduction can’t be expected to apply the expanded definition of 'Royalty' when such Explanation was not actually, factually in the Statute: Calcutta HC [Read Order]
The Calcutta High Court held that the NRI liable for TDS deduction cannot be expected to apply the expanded definition of “royalty” when such Explanation was not actually, factually in the statute. ...
![NRI liable for TDS deduction can’t be expected to apply the expanded definition of Royalty when such Explanation was not actually, factually in the Statute: Calcutta HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/01/NRI-TDS-deduction-royalty-Explanation-statute-Calcutta-High-Court-Taxscan.jpg "NRI liable for TDS deduction can’t be expected to apply the expanded definition of Royalty when such Explanation was not actually, factually in the Statute: Calcutta HC [Read Order]")
CBDT notifies E-Verification Scheme, 2021 for Collection of Information of Assessee by Assessing Officer [Read Notification]
The Central Board of Direct Taxes (CBDT) has rolled out the e-Verification Scheme, 2021 for the Collection of Information of Assessee by the AO. This Scheme will be applicable for calling for...
![CBDT notifies E-Verification Scheme, 2021 for Collection of Information of Assessee by Assessing Officer [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/12/CBDT-e-verification-scheme-collection-of-information-assessee-AO-Taxscan1.jpeg "CBDT notifies E-Verification Scheme, 2021 for Collection of Information of Assessee by Assessing Officer [Read Notification]")
Partial Relief to Volvo: Karnataka HC remands matter back to Authority as Disallowance of Deduction Expenditure not appreciated by ITAT [Read Order]
In a partial relief to Volvo India Pvt. Ltd., the Karnataka High Court remand the matter back to Authority as disallowance of deduction expenditure not appreciated by Income Tax Appellate Tribunal...
![Partial Relief to Volvo: Karnataka HC remands matter back to Authority as Disallowance of Deduction Expenditure not appreciated by ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/12/Untitled-1.jpg "Partial Relief to Volvo: Karnataka HC remands matter back to Authority as Disallowance of Deduction Expenditure not appreciated by ITAT [Read Order]")
![No TDS u/s 194-O is required on E-Auction Services: CBDT issues Guidelines [Read Circular]](https://www.taxscan.in/wp-content/uploads/2021/11/TDS-E-Auction-Services-CBDT-Taxscan.jpeg "No TDS u/s 194-O is required on E-Auction Services: CBDT issues Guidelines [Read Circular]")