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Business News: Companies may get a relief on transition of cess/tax credit following a Bombay High Court ruling - Vimarsana News

Business News: Companies may get a relief on transition of cess/tax credit following a Bombay High Court ruling

Companies may get a relief on transition of cess/tax credit following a Bombay High Court ruling : Rashtra News In what could give relief to several companies the Bombay High Court recently quashed tax notice that disallowed transitional tax credit for educational cess. The court was ruling in the matter of Godrej & Boyce case

Revenue Dept Can't Recover Refunded Cess Amount Because Refund Was Based On A Judgment Which Was Later Overruled : Supreme Court - Vimarsana News

Revenue Dept Can't Recover Refunded Cess Amount Because Refund Was Based On A Judgment Which Was Later Overruled : Supreme Court

The Supreme Court has upheld the decision of the Jammu and Kashmir and Ladakh (J&K&L) High Court where the court had held that the assessee was not liable to return the Education Cess and Secondary &...

Source: livelaw.in