• Income Tax

Exemption u/s 54F allowed though Sale proceeds deposited in Nationalised Bank not in capital gain deposit scheme

4 years ago

Exemption u/s 54F allowed though Capital Gain sale proceed deposited in Nationalised Bank instead of capital gain deposit scheme account…

  • Income Tax

Income Tax exemption to amount received from any person for treatment of COVID-19

4 years ago

Income Tax exemption to amount received for medical treatment from employer or from any person for treatment of COVID-19 during…

  • Excise/Custom

Implementation of 2nd Phase of RMS for processing of Duty Drawback claims

4 years ago

Implementation of 2nd Phase of RMS for processing of Duty Drawback claims Risk Management System (RMS) in export was introduced…

  • SEBI

SEBI introduces Expected Loss based Scale by Credit Rating Agencies

4 years ago

SEBI introduces Expected Loss based Scale by Credit Rating Agencies Securities and Exchange Board of India CIRCULAR SEBI/HO/MIRSD/MIRSD_CRADT/P/CIR/2021/594 July 16,…

  • SEBI

SEBI Block Mechanism in demat account of clients undertaking sale transactions

4 years ago

SEBI Block Mechanism in demat account of clients undertaking sale transactions SEBI has worked out a mechanism of block in…

  • Income Tax

Step by Step Guide for compliance check for ITR non filer status for higher TDS rate

4 years ago

Step by Step Guide / Procedure for compliance check for ITRs non filer status for higher TDS rate u/s 206AB…

  • Finance Ministry

Advisory Board reconstituted under COFEPOSA for detention longer than 3 months

4 years ago

Govt. reconstitutes Advisory Board under Conservation of Foreign Exchange & Prevention of Smuggling Activities Act 1974 ( COFEPOSA ) for…

  • Income Tax

Once an asset is part of block, depreciation can not be denied for non-use of individual item

4 years ago

Once an asset is part of block, depreciation can not be denied non-use. The concept of “use” of assets has…

  • Finance Ministry

Minimum age of 50 years for appointment in Tribunals declared void by Supreme Court

4 years ago

Supreme Court  declares requirement of minimum age of 50 years for appointment in Tribunals as void and inoperative ABCAUS Case…

  • Income Tax

CBDT exempts income of Haryana Labour Welfare Board u/s 10(46)

4 years ago

CBDT exempts income of Haryana Labour Welfare Board u/s 10(46) from 01-06-2020 to 31-03-2021 and for FY 2021-2022 to 2024-25…