• Income Tax

Capital gain arose in the year assessee relinquished rights in property by agreement to sell

5 years ago

Capital gain arose in the year assessee relinquished his rights in the property at the time of allotment by executing…

  • RBI

RBI reiterates its stand on Stressed Assets as per Revised Framework dated 12.02.2018

5 years ago

RBI reiterates its stand on Stressed Assets as per Revised Framework on Resolution of Stressed Assets dated 12.02.2018 According to…

  • Income Tax

Settlement Commission not precluded from proceeding despite non disclosure of prosecution

5 years ago

Settlement Commission not precluded from proceeding despite non disclosure of prosecution for the period in question as pre-requisites not require…

  • Income Tax

Simply because Settlement Commission’s order not liked by ITD, it would not invite action by High Court

5 years ago

Simply because order of Settlement Commission was not liked by department, it would not invite different opinion by the High…

  • Income Tax

Write off for non moving stores based on technical committee report allowed

5 years ago

Write off for non moving stores based on technical committee recommendation pursuant to an audit objection raised by the C&AG…

  • Income Tax

ITD conducted search in Kashmir Valley -undisclosed cash/jewellery and property found

5 years ago

ITD conducted search in Kashmir Valley -undisclosed cash/jewellery and property found Income Tax Department (ITD) conducted search actions at 5…

  • Income Tax

Order of ITAT not binding on Trial Court in income tax prosecution case – Stay denied

5 years ago

Order of ITAT not binding on Trial Court in income tax prosecution case. Appeal to stay prosecution during pendency of…

  • Income Tax

No disallowance u/s 43B for unpaid service tax unless actually received-SC dismisses SLP of ITD

5 years ago

No disallowance u/s 43B for unpaid service tax unless actually received. Supreme Court dismisses the SLP of the Income Tax…

  • DGFT

Online facility for obtaining import license for restricted items from 18th March, 2019

5 years ago

DGFT to provide Online facility for obtaining import license for 'Restricted' items from 18th March, 2019 - Step-wise procedure File…

  • Income Tax

India to Sign Bilateral Agreement for Exchange of Country-by-Country Reports with USA

5 years ago

India to Sign Bilateral Agreement for Exchange of Country-by-Country (CbC) Reports with USA on or before 31st March, 2019 Signing…