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Bank Guarantee Rates Cannot Be Considered For Benchmarking Corporate Guarantee Fee: ITAT

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that bank guarantee rates cannot be considered for benchmarking corporate guarantee fees.The bench of Kavitha Rajagopal (Judicial. ....

Crayon Group As Versus , Mumbai Bench , Income Tax Appellate Tribunal , Kavitha Rajagopal , Judicial Magistrate , Prashant Maharishi , Accountant Member , Finance Act , Crayon Group ,

Income Tax Not Chargeable On Interest Subsidy Received Under Technology Upgradation Fund Scheme: ITAT

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that income tax is not payable on the interest subsidy received under the technology upgradation fund scheme.The bench of Kuldip. ....

Grasim Industries Ltd , Mumbai Bench , Income Tax Appellate Tribunal , Kuldip Singh , Judicial Member , Prashant Maharishi , Accountant Member , Income Tax Act , Income Tax Central Circle , Grasim Industries ,

ITAT Disallows Income Tax Deduction On Employees' Contribution To PF & ESI Beyond The Due Dates

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has disallowed income tax deduction on employees’ contributions to PF and ESI beyond the due dates.The bench of Amit Shukla (Judicial. ....

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