![ITR Filing within Due Date is Mandatory for Claiming Deduction u/s 80IB (10) of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/ITAT-Ahmedabad-ITAT-Income-Tax-Income-Tax-Act-ITR-Filing-Income-Tax-Returns-Filing-Taxscan.jpg "ITR Filing within Due Date is Mandatory for Claiming Deduction u/s 80IB (10) of Income Tax Act: ITAT [Read Order]")
ITR Filing within Due Date is Mandatory for Claiming Deduction u/s 80IB (10) of Income Tax Act: ITAT [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal ( ITAT ) observed that the Income Tax Return filing within due date in mandatory for...
![Bonafide Mistakes in GSTR-3B can be Rectified as per CBIC Circular: Karnataka HC allows Wipro to Revise GSTR-3B for 3 Years [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Wipro-to-Revise-GSTR-3B-Wipro-Karnataka-High-Court-GSTR-3B-CBIC-Circular-CBIC-GSTR-Bonafide-Mistakes-GST-Bonafide-Mistakes-in-GSTR-3B-taxscan.jpg "Bonafide Mistakes in GSTR-3B can be Rectified as per CBIC Circular: Karnataka HC allows Wipro to Revise GSTR-3B for 3 Years [Read Order]")
![Denial of Exemption benefit to Wipro not sustainable, if diversification made to production by adding New Machines in the Old Unit: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/exemption-benefit-Wipro-production-CESTAT-taxscan.jpg "Denial of Exemption benefit to Wipro not sustainable, if diversification made to production by adding New Machines in the Old Unit: CESTAT [Read Order]")
Loss due to Exchange Fluctuation is Revenue Expenditure: Supreme Court grants Relief to Wipro [Read Judgment]
In a major relief to Wipro Finance Ltd., the Supreme Court observed that the loss suffered owing to exchange fluctuation can be regarded as revenue expenditure and thus an allowable deduction. The...
![Loss due to Exchange Fluctuation is Revenue Expenditure: Supreme Court grants Relief to Wipro [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2022/04/Loss-due-to-Exchange-Fluctuation-Revenue-Expenditure-Supreme-Court-Relief-to-Wipro.jpeg "Loss due to Exchange Fluctuation is Revenue Expenditure: Supreme Court grants Relief to Wipro [Read Judgment]")
Relief to Wipro: Gujarat HC slams GST Dept for Using Coercive Measures to Meet Revenue Collection Charges [Read Order]
A two-judge bench of the Gujarat High Court, while criticizing the methods adopted by tax officials to meet revenue targets given by the higher-ups, asked the state tax officials not to take coercive...
![Relief to Wipro: Gujarat HC slams GST Dept for Using Coercive Measures to Meet Revenue Collection Charges [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/Relief-Wipro-Gujarat-HC-GST-Dept-Coercive-Measures-Revenue-Collection-Taxscan.jpg "Relief to Wipro: Gujarat HC slams GST Dept for Using Coercive Measures to Meet Revenue Collection Charges [Read Order]")
CBIC Introduces Facility of Restoration of Cancelled GST Registration based on Appellate Order [Read Advisory]
The Central Board of Indirect Taxes and Customs (CBIC) has introduced the facility of restoration of cancelled GST registration based on appellate order. A registered advisory released by the...
![CBIC Introduces Facility of Restoration of Cancelled GST Registration based on Appellate Order [Read Advisory]](https://www.taxscan.in/wp-content/uploads/2022/03/CBIC-Introduces-Facility-of-Restoration-GST-Registration-Appellate-Order-taxscan.jpg "CBIC Introduces Facility of Restoration of Cancelled GST Registration based on Appellate Order [Read Advisory]")
EY, PwC, TATA, Wipro, ITC and Many more: ICAI notifies List of Participating organizations for Campus Placement Programme
The Institute of Chartered Accountants of India (ICAI) notified the List of Participating organizations for Campus Placement Programme September-October, 2021 which include top companies namely EY,...
Relief to Wipro: Karnataka High Court allows Additional 3% Interest on delayed Income Tax Refund [Read Order]
In a major relief to Wipro Limited, the Karnataka High Court allowed the additional 3% interest on the delayed Income Tax Refund. The Petitioner Assessee, Wipro Limited has been engaged in the...
![Relief to Wipro: Karnataka High Court allows Additional 3% Interest on delayed Income Tax Refund [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/08/Relief-Wipro-Karnataka-High-Court-Income-Tax-Refund-Taxscan.jpg "Relief to Wipro: Karnataka High Court allows Additional 3% Interest on delayed Income Tax Refund [Read Order]")