Judgement

The assessee, The India Cements Ltd., filed an appeal before the income tax department, raising several grounds covering Section 14A disallowance, interest on loans, vastu fees, subsidies, and royalty.

ITAT Partly Allows Appeal on Section 14A, Interest, Subsidy and Other Tax Issues

News

RBI releases fair practices code for interest on Loan charged by Bank: Huge Relief for Borrowers Paying EMIs

Re-Opening of the Assessment on the Mere Belief that Income Could Have been Earned via Interest on Loans is Not Justified: Bombay HC

Re opening of the Assessment on the mere belief that income could have been earned via interest on loans is not justified: Bombay HC

Deduction in respect of interest on loan taken for affordable housing Section 80EEA New section 80EEA provides for deduction up to ₹1.5 Lakh

Deduction in respect of interest on loan taken for affordable housing Section 80EEA

gst on interest on unsecured loan, gst on interest on loan, gst on interest income, gst on interest charged by bank, gst on interest paid on

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ITAT Partly Allows Appeal on Section 14A, Interest, Subsidy and Other Tax Issues

RBI releases fair practices code for interest on Loan charged by Bank: Huge Relief for Borrowers Paying EMIs

Re opening of the Assessment on the mere belief that income could have been earned via interest on loans is not justified: Bombay HC

Deduction in respect of interest on loan taken for affordable housing Section 80EEA

GST to be levied on Penal Interest of delayed payment of EMI : AAR