• Income Tax

Exclusion inclusion of comparables to determine ALP not necessarily give rise to questions of law – High Court

7 years ago

Exclusion inclusion of comparables to determine Arm's Length Price (ALP) not necessarily give rise to purely legal or substantial questions…

  • Companies Act

MCA notifies 1st October, 2018 as the date of constitution of National Financial Reporting Authority

7 years ago

MCA notifies 1st October, 2018 as the date of constitution of National Financial Reporting Authority. The following two notifications have…

  • EPFO

Increase in Dearness Relief to Central Government pensioners / family pensioners from 7% to 9%

7 years ago

Increase in Dearness Relief to Central Government pensioners / family pensioners from the existing rate of 7% to 9% w.e.f.…

  • GST

Compensation to States Act 2017 Constitutionally valid not beyond legislative competence – SC

7 years ago

The Compensation to States Act 2017 Constitution valid, not beyond the legislative competence of Parliament. No offset for Clean Energy Cess -SC ABCAUS Case Law Citation:…

  • Excise/Custom

ICEGATE – Facility of uploading document on eSANCHIT by Government agencies instead of importer/exporter

7 years ago

ICEGATE - Facility of uploading document on eSANCHIT by Government agencies instead of importer/exporter after Pilot Project Circular No 35/2018-Customs…

  • Income Tax

Provision reducing asset side of balance sheet amounts to writing off bad debts in accordance with section 36 (2)

7 years ago

If asset side of balance sheet is reduced by provision made, it amounts to writing of the debts in accordance…

  • Income Tax

Petition in Delhi High Court for Tax Audit due date extension by FTAPS dismissed as withdrawn

7 years ago

Extension of Tax audit/ITR due date- FTAP withdraws the Petition in Delhi High Court in view of the CBDT Order…

  • Income Tax

Region wise list of Jurisdiction of CIT Appeals under the Black Money Act 2015 – CBDT Notification

7 years ago

Jurisdiction of CIT Appeals under the Black Money Act 2015. Region wise list including additional powers for cases of International…

  • Income Tax

High Court revives prosecution u/s 276CC for not filing return. No indefinite period for compliance

7 years ago

High Court revives prosecution for not filing return. An indefinite period for compliance can never be the intention of the…

  • Finance Ministry

We are committed to arrange liquidity to IL& FS says Finance Ministry

7 years ago

We are committed to arrange liquidity to IL& FS says Finance Ministry Firm and Decisive Government Action taken to preserve…