CBDT constitutes three Boards for Advance Rulings u/s 245-OB. The Board for Advance Rulings shall consist of two members, each being an officer not below the rank of Chief Commissioner, as may be nominated by the Board. MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 96/2021 …
Technology Upgradation Fund Subsidy received was capital receipt and not taxable. Supreme Court dismisses the SLP of the Department In the instant case, the Revenue had filed SLP before the Hon’ble Supreme Court challenging the order passed by the Hon’ble High Court in confirming that amount of subsidy …
Further extension of due date of payment under Direct Tax Vivad se Vishwas Act without additional amount MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification Notification No. 94/2021 New Delhi, the 31st August, 2021 S.O. 3536(E).—In exercise of the powers conferred by section 3 of the …
Income Tax Rule 9D- Calculation of taxable interest relating to contribution in a provident fund or recognised provided fund, exceeding specified limit CBDT vide Notification No. 95/2021 dated 31.08.2021 has notified the Income-tax (25th Amendment) Rules, 2021. They shall come into force on 1st day of April, 2022. …
Applications invited for Customs Broker Examination 2021. Last date 18.11.2021 Applications have been invited for Customs Broker Examination. Indian citizens can appear in the online written examination for issuance of license to act as a Customs Broker under Customs Brokers Licensing Regulations (CBLR), 2018, as amended. …
Disclosure of risk-o-meter of scheme, benchmark and portfolio details to the investors by Asset Management Companies (AMCs) Disclosure of risk-o-meter of scheme, benchmark and portfolio details to the investors. SEBI vide circular SEBI/HO/IMD/IMD-II DOF3/P/CIR/2021/555 dated April 29, 2021 mandated mutual funds to disclose the following to the investors …
