Exemption u/s 54F allowed though Capital Gain sale proceed deposited in Nationalised Bank instead of capital gain deposit scheme account ABCAUS Case Law CitationABCAUS 3530 (2021) (07) ITAT In this case appeal was filed by the assessee against the order of the CIT(A) sustaining the addition made by …

Income Tax exemption to amount received for medical treatment from employer or from any person for treatment of COVID-19 during financial year 2019-20 and subsequent years The Government has decided to provide income tax exemption to the amount received by a taxpayer for medical treatment from an employer …

Implementation of 2nd Phase of RMS for processing of Duty Drawback claims Risk Management System (RMS) in export was introduced with effect from 15.7.2013.by CBEC Circular No. 23/2013-Customs dated 24.06.2013. At that time it had been decided to implement RMS in export in two phases. In the first …

SEBI introduces Expected Loss based Scale by Credit Rating Agencies Securities and Exchange Board of India CIRCULAR SEBI/HO/MIRSD/MIRSD_CRADT/P/CIR/2021/594 July 16, 2021 To,All Credit Rating Agencies (CRAs) registered with SEBI Dear Madam / Sir, Sub: Introduction of Expected Loss (EL) based Rating Scale and Standardisation of Rating Scales Used …

SEBI Block Mechanism in demat account of clients undertaking sale transactions SEBI has worked out a mechanism of block in the demat account of clients undertaking sale transactions. When the client intends to make a sale transaction, shares will be blocked in the demat account of the client …

Step by Step Guide / Procedure for compliance check for ITRs non filer status for higher TDS rate u/s 206AB / 206CCA  Step by Step Guide / Procedure for Compliance Check for ITRS Non filers for Section 206AB & 206CCA The Finance Act 2021 has inserted Section 206AB …