Day: October 6, 2020
Tax liability of long-term capital gain is not on the power-of-attorney order but on registered owner of the property ABCAUS Case Law CitationABCAUS 3402 (2020) (10) ITAT Important case law relied upon by the parties:Suraj Lamps Industries 14 taxmann.com 103 (SC)Seshasayee Steels (P.) Ltd. 115 taxmann.com 5 (SC) …
Extension of RoSCTL scheme validity from 31.03.2020 to 31.03.2021 or until RoSCTL scheme is merged with RoDTEP scheme, whichever is earlier MINISTRY OF FINANCE(Department of Revenue) Notification No. 36/2020-Customs New Delhi, the 5th October, 2020 G.S.R. 615(E).—In exercise of the powers conferred by sub-section (1) of section 25 …
GST e-invoicing – Relaxation and latest changes made by recent notifications e-invoicing – Relaxation and latest changes ‘e-invoicing’ for certain classes of taxpayers has come into effect from 1-10-2020. 2.Keeping in view the hardships faced by the taxpayers due to COVID-19 lockdown and as some of these taxpayers …
Government constitutes Monetary Policy Committee of the Reserve Bank of India MINISTRY OF FINANCE(Department of Economic Affairs) NOTIFICATION New Delhi, the 5th October, 2020 S.O. 3467(E).—In exercise of the powers conferred by section 45ZB of the Reserve Bank of India Act, 1934(2 of 1934), the Central Government hereby …
