Interest
Notification
ICAI Releases Second Edition of “Basics of Permanent Establishment (India Perspective)”
The Institute of Chartered Accountants of India (ICAI) has released the Second Edition (February...
Direct Tax
Delay by Assessee Can’t Validate an Otherwise Invalid S. 148 Notice, When Recovery Proceedings Are Initiated: Bombay HC
The Bombay High Court has held that the delay by assessee cannot validate an...
GST
Interest, Penalty Recovered by Chit Foreman Not Exigible To GST: AP HC
The Andhra Pradesh High Court has held that the interest and penalty recovered by...
Direct Tax
Interest on FD, Tax Refunds Linked to Operational Obligations Qualifies for S. 80IA Deduction: Bombay HC
The Bombay High Court has held that interest earned on fixed deposits and tax...
GST
Gujarat HC Quashes Interest, Penalty in GST Transitional Credit Dispute
The Gujarat High Court has quashed the interest and penalty in the GST transitional...
Other Laws
Interest Payable On Refund Of Amount On E-Stamp Paper: Supreme Court
The Supreme Court has held that there is no statutory provision required for interest...
Indirect Taxes
Interest To Be Calculated Of Duty Short-Paid From Succeeding Month On Which Duty Was Payable: CESTAT
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Bangalore Bench has held that...
Direct Tax
Income Tax Deduction Allowable On Interest Income Earned From Deposits With Co-operative Banks: ITAT
The Income Tax Appellate Tribunal Ahmedabad ruled that the Income Tax deduction is allowable...
Latest articles
Notification
ICAI Releases Second Edition of “Basics of Permanent Establishment (India Perspective)”
The Institute of Chartered Accountants of India (ICAI) has released the Second Edition (February...
Direct Tax
Delay by Assessee Can’t Validate an Otherwise Invalid S. 148 Notice, When Recovery Proceedings Are Initiated: Bombay HC
The Bombay High Court has held that the delay by assessee cannot validate an...
GST
Executive Circular Can’t Curtail Statutory Limitation U/s 54 of GST Act: Calcutta HC Quashes Rejection of ITC Refund
The Calcutta High Court has quashed the rejection of the Input Tax Credit (ITC)...
Other Laws
Appeal Maintainable Against Ad-Interim Injunction Under Commercial Courts Act: Delhi High Court
The Delhi High Court has held that an appeal under Section 13 of the...