Power of UP Govt to required TDF for inter state goods movement-In view of two contrary judgments, matter referred to Chief Justice for constitution of Larger Bench The instant petition(s) was filed under Article 226 of the Constitution of India challenging the authority of the State of U.P. …

Amendment to section 40(a)(ia) by Finance Act, 2010 being curative in nature are retrospective i.e., from the date of insertion of the section itself-Supreme Court The instant appeal(s) were filed by the Income Tax Department (Revenue/appellant) against the judgment passed by the High Court whereby the Division Bench …

Waiver of loan not cessation of trading liability u/s 41(1). Provision of Section 28 (iv) do not apply to benefits received in cash-Supreme Court The instant appeal(s) were filed by the Income Tax Department (Revenue/appellant) against the judgment passed by the High Court whereby the Division Bench of …

CBDT transfers 178 Assistant/Deputy Commissioner of Income Tax. Download List CBDT has transferred 178 Assistant/Deputy Commissioner of Income Tax. The Transfer and Postings have been made in following three cases: (a) Manadatory Transfer Cases 3 (b) Review cases 47 (c) Other cases 128 The regions involved in the …

GSTN to be converted into a fully Government owned Company. GST Council decides acquisition of entire 51% of equity held by the Non-Governmental Institutions in GSTN  Change in the shareholding pattern of GSTN The Goods and Services Tax Network – Special Purpose Vehicle (GSTN-SPV) was created as a …

GST council reviews incentives for digital transactions and Sugar Cess 27th GST council meeting discusses change in GST rate for digital transactions and imposition of Sugar Cess  1. Incentive to promote Digital Transactions: (a) Keeping in view the need to move towards a less cash economy, the Council …