• Excise/Custom

Government notified revised rates of Duty Drawback / All Industry Rates w.e.f 04.02.2020.

6 years ago

Government has notified revised rates of Duty Drawback / All Industry Rates w.e.f 04.02.2020. Circular No. 06/2020-Customs F. No. 609/11/2020-DBKGovernment…

  • Excise/Custom

Implementation of automated clearance on pilot basis at two customs locations

6 years ago

Implementation of automated clearance on pilot basis at two customs locations- Chennai Customs House and Jawaharlal Nehru Customs House from…

  • Income Tax

When TDS is deposited within due time, date of credit shown on OLTAS irrelevant – ITAT

6 years ago

TDS deposited electronically within due time date shown on OLTAS irrelevant. There is no provision of waiver of interest for…

  • Income Tax

Backward area declared u/s 80HH not apply to section 80-IA, both are separate & independent provisions

6 years ago

Backward area declared u/s 80HH(2) do not apply to section 80-IA(2)(iv)(c) as both sections are separate and have independent provisions…

  • Income Tax

Institute of Pesticide Formulation Technology Gurugram approved u/s 35(1)(ii)

6 years ago

Institute of Pesticide Formulation Technology, Gurugram PAN:- AAATI0389Q approved u/s 35(1)(ii) as Research Association from AY 2019-2020 and onwards  MINISTRY…

  • Income Tax

CBDT further amends Notification of Income Tax jurisdiction

6 years ago

CBDT further amends Notification of Income Tax jurisdiction MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 5/2020…

  • Income Tax

Sales of entire year could not be estimated based on cash found during survey.

6 years ago

Sales of entire year could not be estimated based on cash found during survey. By no means it could be…

  • Income Tax

Reopening quashed as AO not recorded reasons of assesse’s failure to disclose material facts fully/truly

6 years ago

Reopening quashed as AO not recorded reasons of assesse's failure to disclose material facts fully and truly but notice u/s…

  • Finance Ministry

Government puts in place measures to protect Commercial decision making by Banks

6 years ago

Government puts in place measures to protect Commercial decision making by Banks The Finance Minister has repeatedly assured Bankers that…

  • Companies Act

MCA notifies Companies (Winding Up) Rules 2020 w.e.f 1st April 2020

6 years ago

MCA notifies Companies (Winding Up) Rules 2020 w.e.f 1st April 2020 The Companies (Winding Up) Rules 2020 provides rules for…