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Direct Tax Cases Monthly Round Up: May 2024

Supreme CourtInterest-Free/Concessional Loans To Bank Employees Taxable As Perquisite : Supreme Court Upholds Rule 3(7)(I) Of Income Tax RulesCase Name- All India Bank Officers Confederation Vs The.

Bombay
Maharashtra
India
Calcutta
West-bengal
Kolkata
Delhi
France
Pune
Hindustan
India-general
Orissa

Opening And Closing Stock Of The Year Is To Be Valued By Applying Same Methodology: Kerala High Court

The Kerala High Court has held that the stipulation under Clause 16 of the Income Computation and Disclosure Standards (ICDS) for the adoption of first-in, first-out (FIFO) or weighted average cost.

India
Kerala
Justice-dinesh-kumar-singh
Ajay-vohra
Kerala-high-court
Income-computation
Disclosure-standards
Assessment-year
Finance-act
Central-government
Income-tax-act

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