• Income Tax

CBDT specifies authorities to perform, concurrently, as AO, to facilitate Centralised E-assessment proceedings

5 years ago

CBDT specifies Income Tax authorities to perform, concurrently, powers and functions of the AO, to facilitate Centralised E-assessment proceedings MINISTRY…

  • Income Tax

CBDT gives directions for handling startups grievances and addressing tax related issues

5 years ago

CBDT directions for handling startups grievances and addressing tax related issues CBDT directions for handling startups grievances  In August 2019,…

  • bankruptcy

CJM competent to process application of secured creditor to take possession of secured asset under SRFAESIA

5 years ago

CJM equally competent to process application of secured creditor to take possession of secured asset u/s 14 of the Securitisation…

  • Income Tax

An order passed in ignorance of binding precedents is erroneous. ITAT deleted penalty u/s 271(1)(c)

5 years ago

An order passed in ignorance of binding precedents is erroneous. ITAT deleted penalty u/s 271(1)(c) when in subsequent year it…

  • RBI

RBI framework for Turn Around Time & customer compensation for failed transactions

5 years ago

RBI framework for Turn Around Time (TAT) and customer compensation for failed transactions using authorised Payment Systems Monetary Policy statement…

  • ICAI

Evaluation of CA exams answer books – ICAI announces the reforms made

5 years ago

Evaluation of CA exams answer books - ICAI announces reforms made. Digital & Machine based evaluation, Stepwise marking, online test…

  • Excise/Custom

Duty drawback permitted on FoB value without deducting foreign bank charges – CBIC Clarification

5 years ago

Duty drawback permitted on FoB value without deducting foreign bank charges - CBIC Clarification on short realisation of export proceeds…

  • Income Tax

TDS payable as at year end is allowable expenditure in cash basis of accounting – ITAT

5 years ago

TDS payable as at year end is allowable expenditure in cash basis of accounting. it can not be said that…

  • Income Tax

Exemption from TDS on cash withdrawals to commission agents/traders of Agriculture Produce Market Committee

5 years ago

Exemption from TDS on cash withdrawals u/s 194N to commission agents/traders of Agriculture Produce Market Committee (APMC) Exemption from TDS…

  • Income Tax

CBDT allows higher depreciation on motor cars, buses, lorries & taxis with retrospective effect

5 years ago

CBDT allows higher depreciation on motor cars, buses, lorries & taxis with retrospective effect in a bid to support slump…