While the Finance Minister, presented the Union Budget, 2021-22 today, the most talked about was the Voluntary Scrappage Policy even before the
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Finance Minister, Nirmala Sitharaman presented the Union budget 2021-22 in the Parliament Today. 6 Pillars: Health and Well-Being Physical and Financial capital
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In view of the challenges faced by taxpayers in meeting the statutory and regulatory compliances due to the outbreak of COVID-19, the
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Income Tax Appellate Tribunal (ITAT), Jaipur: The Bench of Vijay Pal Rao, JM and Vikram Singh Yadav, AM, held that, the benefit of CBDT Instruction
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The Finance Ministry has simplified the process of assessment in the case of Startup entities. In cases where scrutiny assessments of Startup
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With a view to bringing greater transparency in the functioning of the tax-administration and improvement in service delivery, almost all notices and
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The Double Taxation Avoidance Agreement (DTAA) between India and Kenya was signed and notified in 1985. Subsequently, the DTAA was renegotiated and
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The Ministry of Finance has issued a clarification with regard to the following services approved by the GST Council in its 25th
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The existing regime has led to significant erosion in tax base resulting in revenue loss and the problem has been further compounded
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Section 56(2)(viib) of the Income-tax Act, 1961 (Act) provides that where a closely held company issues its shares at a price which
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S.O. 529(E).— In exercise of the powers conferred by sub-section (6) of Section 129 of the Companies Act, 2013 (18 of 2013),
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As per discussions held in the 22nd GST Council Meeting held under Chairmanship of Union Finance Minister Shri Arun Jaitley on 6th
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Certain transitional issues arising with respect to payment of service tax after 30th June 2017 have been clarified by CBEC vide circular
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The Goods and Services Tax (GST) tax was introduced on 1st of July 2017. The last date for payment of GST for the
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The roll out of Goods and Services (GST) Tax will bring benefits to the consumers due to reduced tax rates on various
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Supreme Court: The important question before the Court was that for calculating the turnover for the purpose of payment of turnover tax
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Supreme Court: Deciding the question that whether the Deputy Director of Income Tax was competent to make complaint regarding commission of offence
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Delhi High Court: A Division Bench of the Delhi High Court comprising of S.Muralidhar and Vibhu Bakhru, JJ. ruled on whether ‘service
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Supreme Court: In the matter where the question for consideration before the bench of Dr. A.K. Sikri and R.F. Nariman, JJ was
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Supreme Court: Deciding on the issue that whether the State Government may deny the tax exemption which was promised earlier, the bench
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