The Lok Sabha has today passed the Finance Bill 2018 without discussion amid protest by the opposition leding to the adjournment of both the Houses of Parliament.
The passing of the Bill by voice votes without discussion have the effect of automatically passing all the twenty one amendments as introduced in the Lok Sabha by the Finance Minister Shri Arun Jaitely.
The amendments inter alia include the insertion of new section 14A to the Government Savings Bank Act, 1873 providing for non-attachment of amount of Public Provident Fund Scheme.
Download the text of 21 amendment to the Finance Bill 2018 Click Here >>
Assessing Officer had taken a reasonable stand that 25 kg written in WhatsApp chat/text message was 25 lakh - ITAT…
Shareholders are only owners of the shares of the company therefore, income from properties earned by the company cannot be…
When approval for reassessment was granted by unauthorised authority, such jurisdictional error cannot be shielded by the law of limitation…
ITAT on presumption of bogus purchases ought to have remanded case to AO to reconsider the whole matter instead of…
Where proceedings u/s 153C are barred by limitation, AO can not reopen the case invoking section 148 and 148A of…
Corporate guarantees executed by the corporate debtor constitute “financial debt” under IBC and banks to be recognized as financial creditors…