• Income Tax

PCIT approval for re-opening only by putting signing was non application of mind

1 year ago

PCIT approval for re-opening only by putting signing was without application of mind -SC dismissed SLP  PCIT approval for re-opening…

  • NEPC

UPI per transactions limit increased to Rs. 5 lakhs for tax payments

1 year ago

National Payments Corporation of India (NPCI) has increased the UPI per transaction limit to Rs. 5 lakhs for tax payments…

  • Income Tax

Re-assessment concluded prior to SC judgment in Ashish Agarwal can not be opened afresh

1 year ago

Re-assessment concluded prior to Supreme Court judgment in Ashish Agarwal can not be opened afresh In a recent judgment, Hon'ble…

  • Excise/Custom

ICES to be used at International Courier Terminals to process export related payments

1 year ago

ICES to be used at International Courier Terminals to process export related payments CBIC has extended export related payment benefits…

  • GST

Allahabad HC warns GST authorities in using pressure tactics by issuing letters

1 year ago

Allahabad High Court warns GST authorities using pressure tactics by issuing advisory letters In a recent judgment, Hon'ble Allahabad High…

  • GST

CBIC issues circular clarifying issues as per recommendation of GST Council 54th meeting

1 year ago

CBIC issues circular clarifying certain issues as per the recommendation of GST Council 54th meeting. CBIC has issued CGST Circulars…

  • FEMA

Foreign Exchange (Compounding Proceedings) Rules, 2024 notified

1 year ago

Foreign Exchange (Compounding Proceedings) Rules, 2024 notified. Monetary limit enhanced for jurisdiction of officials of RBI/ED Ministry of Finance has…

  • Income Tax

ITAT deleted disallowance u/s 40A(3) as assessee never operated any bank account

1 year ago

ITAT quashed disallowance u/s 40A(3) as assessee never operated any bank account  In a recent judgment, ITAT Delhi quashed disallowance…

  • Companies Act

The Companies (Compromises, Arrangements and Amalgamations) Amendment Rules 2024

1 year ago

MCA notifies the Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2024. MCA prescribes conditions for merger or  amalgamation when the…

  • bar-council

Bar Council of India may now invest funds in Private Sector Banks

1 year ago

Bar Council of India may now invest funds in Private Sector Banks BAR Council of India has amended its Rule…