e-way bill on movement of goods from dry-ports and SEZs within the zone – Govt.clarification on representations received. Clarity on E-Way Bill  Government has received various representations from Association of Exporters as well as Corporate Bodies seeking clarity on e-way bill regarding movement of goods from dry-ports to …

India and Hong Kong sign Double Taxation Avoidance Agreement (DTAA) Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 19th March, 2018 PRESS RELEASE India and Hong Kong sign Double Taxation Avoidance Agreement (DTAA) On 19.03.2018, Government of India and the …

Task Force constituted to draft a new Direct Tax Law  A Task Force has been constituted to review the Income-tax Act, 1961 & to draft a new Direct Tax Law in consonance with the economic needs of the country. Suggestions & feedback are invited from stakeholders in the …

Government notifies NFRA w.e.f. 21st March, 2018. Rules for appointment of office bearers have also been notified simultaneously. As per section 132(4) of the Companies Act, 2013, the National Financial Reporting Authority (NFRA) has been empowered to investigate either suo moto or on a reference made to it by the …

Person convicted u/s 276B, unless minor, can not be released on probation of good conduct. Order of the Trial Court set aside by Special Judge of TIS Hazari Court ABCAUS Case Law Citation: ABCAUS 2257 (2018) (03) TC Section 276B of the Income Tax Act, 1961 (the Act) inter …

Assessee in default u/s 201 not absolved if the resident who receives the payment without TDS files a loss return. Proviso require actual payment of tax-High Court ABCAUS Case Law Citation: ABCAUS 2256 (2018) (03) HC The appellant assessee was aggrieved by the order treating the appellant as …