Mobile Crane Wire Rope an essential part of Mobile Crane and therefore, taxable at the rates prescribed for the Mobile Crane under Rajasthan VAT – SC ABCAUS Case Law Citation:ABCAUS 2844 (2019) (03) SC Important Case Laws Cited/relied upon by the parties M/s Annapurna Carbon Industries vs. State …

Negative growth in regular tax collections-CBDT calls it an alarming situation. Only only 85.10% of FY 2018-19 target collected as on 23.03.2019. In a Departmental Letter (DO), addressed to all Pr. Chief Commissioner of Income Tax, the CBDT has expressed dissatisfaction over the tax collections achieved in financial …

Forthcoming changes in e-Waybill system- Auto calculation of route distance, Blocking of generation of multiple E-Way Bills etc. 1. Auto calculation of route distance based on PIN code for generation of EWB. Now, E-waybill system is being enabled to auto calculate the route distance for movement of goods, …

Fund management activity thtough Fund managers registered under SEBI Mutual Funds Regulations 1996 not to constitute business connection in India Under Section 9A of the Income Tax Act, 1961, certain activities not to constitute business connection in India. Under the section,  in the case of an eligible investment …

Compensation made to the flat allottees for surrendering rights allowed as business expenditure of the assessee in view of Completed Contract Method of Accounting ABCAUS Case Law Citation: ABCAUS 2843 (2019) (03) HC Important Case Laws Cited/relied upon by the parties Shahzada Nand & Sons v. CIT, Patiala …

Facility to view Form 2 Declaration filed with DPIIT by startup available in Income tax e-Filing portal Facility to view Form 2 Declaration filed with DPIIT (Department for Promotion of Industry and Internal Trade) by a startup is now available in e-Filing. The path for the access is …