SC dismissed SLP filed against ruling setting aside additions as no incriminating material found during search

INCOME TAX: Where High Court upheld Tribunal's order setting aside addition made by AO under section 153A on ground that said addition was not based on any incriminating material found…

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The Foreign Contribution (Regulation) Amendment Act, 2020 comes into force effective from Sep 29, 2020

The Central Government has appointed the 29th day of Sep, 2020, as the date on which the provisions of the Foreign Contribution (Regulation) Amendment Act, 2020 shall come into force.…

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CBDT authorizes Income-tax authorities to upload information relating to GST return in Form 26AS

In exercise of powers conferred under Rule 114-I, the CBDT has authorized the Principal DGIT (Systems) or the DGIT (Systems) to upload information relating to GST return, which is in…

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President gives assent to the Taxation and Other Laws (Relaxation and Amendment of certain provision

The Taxation and Other Laws (Relaxation and Amendment of certain provisions) Act, 2020, has received the assent of the President. The Act makes necessary amendments and inserts new provisions to…

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