Tag:
Interest
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 credit dispute.
The bench of Justice Bhargav D. Karia and Justice...
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 payment and the interest is payable on refund of the...
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 on finalization of provisional assessment, the interest is to be...
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 on interest income earned from deposits with Co-operative banks.
The bench...