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Assessee must be put to notice of all provisions on which revenue relies upon. Supreme Court quashed reopening notice u/s 148 ABCAUS Case Law Citation:ABCAUS 3293 (2020) (04) SC Important case law relied upon by the parties:Claggett Brachi Co. Ltd. London 1989 Supp(2) SCC 182M/s Phool Chand Bajrang …
CBIC issues GST Notifications/Circular and clarify relief provided due to Corona Virus (COVID-19) CBIC has issued various Notifications and Circular to provide relief to taxpayers in view of spread of Novel Corona Virus (COVID-19). The relief was earlier announced by the Finance Ministry in a Press Conference. …
Suspension of enrolments for Limited Insolvency and Valuation Exams. Date extended till 14.04.2020 Insolvency and Bankruptcy Board of India Examinations Division INFORMATION FOR CANDIDATES In view of the Advisory on Social Distancing Measure in view of spread of COVID-19 disease, all enrolments for the Limited Insolvency Examination and …
RBI Notifies Changes in Market Hours due to COVID-19 outbreak RBI Notifies Changes in Market Hours The unprecedented situation created by the COVID-19 outbreak has necessitated lockdowns, social distancing, restrictions on movement of people and non-essential activities, work from home arrangements and business continuity plans. The resultant dislocations …
Foreign Trade Policy & Hand Book of Procedures 2015-2020 extended upto 31.03.2021 Foreign Trade Policy 2015-2020 extended upto 31.03.2021 The existing Foreign Trade Policy 2015-2020 which is valid upto 31.3.2020 has been extended upto 31.03.2021. Various other changes has also also made extending the date of exemptions by …
Exemption u/s 54/54F for house purchased in wife name, Deduction allowed for change in jurisdictional High Court with favourable judgment ABCAUS Case Law Citation:ABCAUS 3292 (2020) (04) ITAT Important case law relied upon by the parties:CIT, Faridabad vs Dinesh VermaCIT vs., Kamal Wahal 351 ITR4CIT vs. Ravinder Kumar …
CBEC Clarification on GST refund related issues Circular No.135/05/2020-GST CBEC-20/01/06/2019-GSTGovernment of IndiaMinistry of Finance Department of RevenueCentral Board of Indirect Taxes and CustomsGST Policy Wing**** New Delhi, Dated the 31st March, 2020 To, The Principal Chief Commissioners/Chief Commissioners/Principal Commissioners/ Commissioners of Central Tax (All) The …
The Taxation & Other Laws (Relaxation of Certain Provisions) Ordinance 2020 MINISTRY OF LAW AND JUSTICE(Legislative Department) New Delhi, the 31st March, 2020 The Taxation and Other Laws (Relaxation of Certain Provisions) Ordinance 2020 No. 2 OF 2020 Promulgated by the President in the Seventy-first Year of the Republic of …
15 FAQ on RBI three months Moratorium on Term Loans EMIs and WC Facilities Frequently Asked Questions: RBI Allowed Banks to Declare Moratorium on Term Loans Ministry of Finance has issued following FAQ on Reserve Bank of India advisory for Banks to declare a three-month moratorium on …
GSTN Advisory for Tracking GST Refund Application Status on the GST / PFMS portal. payment is made after validation of bank account mentioned in RFD-01 Tracking GST Refund Application Status on the GST Portal and PFMS portal 28/03/2020 1. The functionality to track the status of refund application …