Day: September 19, 2019
Doctrine of promissory estoppel inapplicable in larger public interest. Supreme Court upheld withdrawal of custom exemption notifications ABCAUS Case Law Citation:ABCAUS 3151 (2019) (09) SC Important case law relied upon by the parties:Kasinka Trading vs. Union of IndiaDarshan Oils (P) Ltd. vs. Union of IndiaSTO vs. Shree Durga …
TDS u/s 194N-Cash Replenishment Agencies & franchise agents of White Label ATM Operators exempted from TDS on cash withdrawal MINISTRY OF FINANCE(Department of Revenue) NOTIFICATION New Delhi, the 18th September, 2019 Notification No. 68/2019 S.O. 3356(E).—In exercise of the powers conferred by clause (v) of proviso to section …
Confidentiality provisions of tax treaties prohibit use of exchanged information for non-tax purposes without express consent Central Board of Direct Taxes (CBDT) has expressed concern over confidentiality of information obtained from foreign jurisdictions under the Exchange of Information (EOI) process of Double Taxation Avoidance Agreements (DTAAs)/ Tax Information …
