• Income Tax

The “Yeddy Diaries” entries prima-facie of doubtful nature-CBDT refutes media report

8 years ago

The "Yeddy Diaries" entries prima-facie of doubtful nature- CBDT refutes media report The Congress today demanded an investigation after a…

  • GST

IGST/Compensation Cess exemption under Export promotion Schemes extended upto 31.03.2020

8 years ago

Extension of IGST/Compensation Cess exemption under Advance Authorisation, EPCG & EOU scheme upto 31.03.2020. Amendments to FTP 2015-2020 MINISTRY OF…

  • Income Tax

Section 50C can be applied after claiming exemption u/s 54EC – High Court

8 years ago

Section 50C can be applied after claiming exemption u/s 54EC of the Income Tax Act. Any other interpretation would render the provisions redundant…

  • Income Tax

No deemed dividend u/s 2(22)(e) when assessee not beneficial owner of shares – High Court

8 years ago

No deemed dividend u/s 2(22)(e) when assessee not the beneficial owner of shares. Issue pending before larger bench of Supreme…

  • Income Tax

Seat of ITAT not AO decides jurisdiction of High Court to which appeal would lie

8 years ago

Seat of ITAT not AO decides jurisdiction of High Court to which appeal would lie. High Court explains the law…

  • Income Tax

Amount forfeited on default of installment for purchase of property held capital in nature

8 years ago

Amount forfeited on default of installment for purchase of property was capital in nature as the amount was fixed irrespective…

  • Income Tax

IT Department geared up to curb use of black money/cash inducements in 2019 elections

8 years ago

IT Department geared up to curb use of black money and cash inducements in elections.  24X7 Control Room, QRT and…

  • bankruptcy

Insolvency & Bankruptcy Application to Adjudicating Authority Amendment Rules 2019

8 years ago

Insolvency & Bankruptcy Application to Adjudicating Authority Amendment Rules 2019. Changes to Form-1 & Form-5 Applications by financial/operational creditor MINISTRY…

  • Prevention of Money Laundering Act 2002

Attachment of property during PMLA investigation to be 365 day from 20.03.2019

8 years ago

Attachment of property during PMLA investigation to be 365 day instead of 90 days from 20.03.2019 Notification MINISTRY OF FINANCE…

  • Lokpal and Lokayuktas

Justice (Retd.) Pinaki Chandra Ghose appointed the first Lokpal of India

8 years ago

Justice (Retd.) Pinaki Chandra Ghose appointed the first Lokpal of India The President of India has appointed Justice (Retd.) Shri…