Indelible ink marks on exchange old bank notes
As per media news, the Government in its latest directives has asked banks to use indelible ink while exchanging withdrawn/banned Rs. 500 and 1,000 notes to stop conversion of the black money. Also this is considered a move to discourage people from coming again and again to exchange old notes.
Hitherto the indelible ink are used in the process of casting of votes by marking the index finger of the voters casting a vote.
Details are awaited.
Non issuance of notice u/s 143(2) for return filed u/s 148 even though belatedly, makes the assessment framed bad in…
Calculation of functional disability depends on assessing the victim’s earning capacity in the open, competitive market – Supreme Court In…
Appeal against every decision of ITAT shall lie only before the High Court within whose jurisdiction the Assessing Officer who…
Supreme Court recommends action against Commissioner of Customs who relied upon non-existent AI generated case laws. Supreme Court recommends action…
ITAT power to pass such orders "as it thinks fit" implies a judicial discretion to be exercised within the parameters…
Mere non-deduction of TDS by the deductor on a transaction does not change the character of the transaction to make…