Section 50C can be applied after claiming exemption u/s 54EC of the Income Tax Act. Any other interpretation would render the provisions redundant…
No deemed dividend u/s 2(22)(e) when assessee not the beneficial owner of shares. Issue pending before larger bench of Supreme…
Seat of ITAT not AO decides jurisdiction of High Court to which appeal would lie. High Court explains the law…
Amount forfeited on default of installment for purchase of property was capital in nature as the amount was fixed irrespective…
IT Department geared up to curb use of black money and cash inducements in elections. 24X7 Control Room, QRT and…
Insolvency & Bankruptcy Application to Adjudicating Authority Amendment Rules 2019. Changes to Form-1 & Form-5 Applications by financial/operational creditor MINISTRY…
Attachment of property during PMLA investigation to be 365 day instead of 90 days from 20.03.2019 Notification MINISTRY OF FINANCE…
Justice (Retd.) Pinaki Chandra Ghose appointed the first Lokpal of India The President of India has appointed Justice (Retd.) Shri…
New GST rates on real estate sector-GST Council 34th meeting decisions. New tax rate of 1% and 5% without ITC.…
IBBI signs a Mou with SEBI for sharing of information/resources for effective implementation of Insolvency and Bankruptcy Code 2016 Insolvency…