Empanelment of Amicus Curiae at Supreme Court The amicus curiae figure originated in Roman law. An amicus curiae (meaning “friend of the court“) is someone who is not a party to a case and is not solicited by a party, but who assists a court by offering information that bears on the case. The decision on whether to …
E-Way Bill Implementation from 1st February 2018 deferred-Trial Run to continue. Nationwide launch of E-Way Bill was to become effective from 1st February, 2018. However as per the official twitter handle of the government related to GST, the Government, in view of difficulties faced by the trade in generating e-way bill …
Cenvat Credit on goods transport agency service availed for transport of goods from place of removal to buyer’s premises not admissible-Supreme Court ABCAUS Case Law Citation: ABCAUS 2189 (2018) (02) SC The Issue: The main issue involved in the present case was with regard to the admissibility of …
Deductions u/s 80-JJAA of The Income-Tax Act Extended To Footwear And Leather Industry To Help Employment Generation The Union Minister for Finance and Corporate Affairs, Shri Arun Jaitley has proposed to extend the benefits under Section 80-JJAA of the Income-tax Act to footwear and leather industry. While presenting the …
Long-term capital gains on sale of equity shares taxable @ 10% – New section 112A applicable from AY 2019-20 Under the existing provisions, long term capital gains arising from equity shares of a company or an unit of equity oriented fund or an unit of business trusts is exempt …
Tax Relief to Senior Citizens in Budget 2018-19. Health insurance premium, medical treatment of specified diseases, interest income and non deduction of tax at source (A) Deductions in respect of health insurance premium and medical treatment Section 80D, inter-alia, provides that a deduction upto Rs 30,000/- shall be allowed …
