• Finance Ministry

Key Highlights of Economic Survey 2019-20. Download Copy

6 years ago

Key Highlights of Economic Survey 2019-20 The Union Minister for Finance & Corporate Affairs, Smt. Nirmala Sitharaman presented the Economic…

  • Income Tax

ITAT warns CIT(A) of penalty for not-passing speaking order on merit due to non appearance 

6 years ago

ITAT warns CIT(A) of penalty for not-passing speaking order on merit due to non appearance  or non prosecution ABCAUS Case…

  • Income Tax

CBDT notifies Rule 6BBA to include new payment methods as non cash under Income Tax Act

6 years ago

CBDT notifies Rule 6BBA and amended Rule 6DD to include new payments method as non cash payments for getting benefits/reliefs…

  • bankruptcy

Manner of dealing with third party assets in custody of financial service providers in Insolvency/Liquidation

6 years ago

Manner of dealing with third party assets in custody of financial service providers in Insolvency/Liquidation Proceedings MINISTRY OF CORPORATE AFFAIRS…

  • Income Tax

Transfer of TAN across the State/CIT(TDS). Now TAN starting with MUM can be found at Delhi

6 years ago

Transfer of TAN across the State/CIT(TDS). After ITBA updatation TAN starting with MUM can be found at Delhi DIRECTORATE OF…

  • Income Tax

Lower/Nil TDS certificates-Applications can be made before start of Financial Year – CBDT Instruction

6 years ago

Lower/Nil TDS certificates. Applications can be made before start of financial year. time limit prescribed for making application for current…

  • 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…