CBDT Clarification on validity of notifications issued granting exemption under clause (v) of proviso to from section 194N prior to amendment by Finance Act 2020 CBDT Clarification on notifications granting exemption from section 194N Circular no. 14/2020 F. No. 370142/27/2020-TPL Government of IndiaMinistry of FinanceDepartment of Revenue Central …

Stock brokers may fund payment of exercise price in ESOP and/or RSUs which shall be adjusted against the sale proceeds The applicant was a registered Stock Broker. It sought clarification from SEBI under the Informal Guidance Scheme on the interpretation of Regulation 9(2) of SEBI (Share Based Employee …

Interim measure for filing revocation of GST Registration cancellation order before appellate / higher authority to pass offline order of restoration  GSTN Advisory Interim measure for filing revocation of cancellation order in appeal channel 1. In case your application for revocation of cancellation of registration was rejected by …

CBDT signs MOU with Ministry of MSME to enable check & classify enterprises Memorandum of Understanding (MoU) between CBDT and MoMSME signed today A formal Memorandum of Understanding (MOU) was signed today between the Central Board of Direct Taxes (CBDT) and the Ministry of Micro, Small and Medium …

Services of web promotion, social media management held not liable to withholding tax u/s 195 as per the provisions of the DTAA ABCAUS Case Law Citation:ABCAUS 3335 (2020) (07) ITAT Important case law relied upon by the parties:ITO vs. B. A. Research India Pvt. Ltd.ITO vs. Cadila Health …

Interest on FDR pledged as security for obtaining contract is business income and profits to be computed by applying NP rate ABCAUS Case Law Citation:ABCAUS 3334 (2020) (07) ITAT In the instant case the appeal was filed by the assessee against the orders passed by CIT(A) in holding …