• bankruptcy

IBBI (Insolvency Resolution Process for Corporate Persons)(2nd Amendment) Regulations 2021

5 years ago

Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Second Amendment) Regulations, 2021 The Insolvency and Bankruptcy…

  • Finance Ministry

Change in address & location of Debts Recovery Appellate Tribunal Chennai w.e.f. 09.07.2021

5 years ago

There is a change in the address and location of Debts Recovery Appellate Tribunal (DRAT) Chennai with effect from 09.07.2021.…

  • RBI

RBI Retail Direct Scheme allows Retail Investors to Open Gilt Accounts with RBI

5 years ago

RBI Retail Direct Scheme: Allowing Retail Investors to Open Gilt Accounts with RBI ‘the RBI Retail Direct’ facility was announced…

  • Income Tax

Entire income of trust can’t be taxed for violation of 12A exemption conditions-SC dismisses SLP

5 years ago

Entire income of trust cannot be taxed for violation of Section 12A exemption conditions. Supreme Court dismisses SLP of Department.…

  • Income Tax

Calcutta High Court stays section 194N for TDS on cash withdrawal from bank

5 years ago

Calcutta High Court stays section 194N for TDS on cash withdrawal from bank In the instant case, the petitioner had…

  • Income Tax

CBDT grants Patanjali Research Foundation Trust approval u/s 35 for Scientific Research

5 years ago

CBDT grants Patanjali Research Foundation Trust gets approval u/s 35 under the category “Research Association” for Scientific Research for Assessment…

  • ICAI

ICAI notifies dates for next ISA Course Assessment Test on 31.07.2021

5 years ago

ICAI notifies dates for next Information Systems Audit (ISA) Course Assessment Test on 31.07.2021 In pursuance of Regulation 204 of…

  • Income Tax

Income of Haryana Building & Other Construction Workers Welfare Board exempted u/s 10(46)

5 years ago

Income of Haryana Building & Other Construction Workers Welfare Board exempted u/s 10(46) for Fee, subscription, cess & interest income…

  • Income Tax

No concealment penalty for claiming capital expenditure as revenue

5 years ago

No concealment penalty for claiming capital expenditure as revenue when there is no conscious and deliberate attempt by assessee to…

  • Income Tax

Penalty u/s 271(1)(c) deleted as quantum addition was reduced significantly

5 years ago

Penalty u/s 271(1)(c) deleted as quantum addition was reduced significantly from 100% to 20% in respect of bogus purchases. In…