Enhanced disclosure in case of listed debt securities-SEBI Circular Securities & Exchange Board of India Circular SEBI/ HO/ MIRSD/ DOS3/CIR/P/2019/68…
Draft notification to amend the Customs (Import of Goods at Concessional Rate of Duty) Rules, 2017 [TO BE PUBLISHED IN…
CBDT further extends term of Task Force to draft a new direct tax law by a period of two months…
Commission paid to non-resident outside India for the services rendered outside India will not fall in the category of the…
Penalty u/s 271B deleted for frequent change of Managing Director resulting delay in statutory audit causing delay in audit u/s…
RBI releases draft circular on “Liquidity Risk Management Framework for Non-Banking Financial Companies and Core Investment Companies” for public comments…
Allowing telescoping of surrendered income against bogus sundry creditors appearing in the books of accounts was wrong - ITAT ABCAUS…
Chartered flight travel by a charitable society enjoying tax benefit was an unreasonable expenditure. ITAT confirms addition for want of…
Interest Income paid on Interest Bearing Maintenance Security by Resident Welfare Association held to be allowable expenditure u/s 57(iii) ABCAUS…
Meager or nil income of the lender no reason to make addition u/s 68 as bogus enty. Income may be…