• Income Tax

In absence of cost of acquisition of development rights, TDR can’t be taxed as capital gain

7 years ago

In absence of cost of acquisition of development rights, TDR cannot be taxed as a capital gain. Supreme Court dismissed…

  • Income Tax

Issue of notice u/s 148 by Non jurisdictional AO invalid. Section 292BB ruled out as assessee objected

7 years ago

Issue of notice u/s 148 by Non jurisdictional AO not valid. Section 292BB not applicable where assessee had already objected…

  • Finance Ministry

Finance Act 2019 has received the assent of the President on 1st August, 2019

7 years ago

Finance Act 2019 download. the Finance (No. 2) Act, 2019 has received the assent of the President on 1st August,…

  • Income Tax

e-Filing Lite version of website launched by Income tax department with limited functions

7 years ago

e-Filing Lite version of website launched by Income tax department with limited functionality  Income tax department is launching 'e-Filing Lite',…

  • GST

CGST Act not empower Govt. to frame rule providing lapse of ITC. Notification/Circular declared ultra vires  

7 years ago

CGST Act not empower Govt. to frame rule providing lapse of ITC. Notification No. 20/2018 and Circular No.56/30/2018-GST quashed and…

  • Income Tax

Extension of time of the Task Force for drafting a New Direct Tax Legislation

7 years ago

Extension of time of the Task Force for drafting a New Direct Tax Legislation to 16.08.2019 Government of IndiaMinistry of…

  • FCRA

FCRA Suspension of 10 Associations revoked on opening accounts in PFMS integrated bank

7 years ago

FCRA Suspension of 10 Associations revoked on opening its account (s) in PFMS integrated bank. List of NGOs/Associations whose Suspension…

  • EPFO

Life certificate by senior pensioners aged 80 years or more allowed to be given from October every year

7 years ago

Life certificate by senior pensioners aged 80 years and above allowed to be given w.e.f. 1st October every year instead…

  • GST

GSTN Releases Offline Tool of New GST Return. ANX-1, ANX-2, Purchase Register and Matching tool.

7 years ago

GSTN Releases Offline Tool of New GST Return for familiarisation by Taxpayers. It has ANX-1, ANX-2, Purchase Register and Matching…

  • Income Tax

VVIP Chopper Scam -Income Tax Department conducted search on connected group

7 years ago

VVIP Chopper Scam -ITD conducted search on connected group. The group was allegedly indulged in over-invoicing of imports through Dubai…