The Budget 2021-22 will be presented on 01.02.2021. Consequent to the presentation of Budget on 01.02.2021, filing of Bills of Entry (BE) would not be available from 20:00 hours onwards…
“Sir the compensation received for compulsory acquisition of land (both agricultural as well as non-agricultural land) in an award under the Right to Fair Compensation and Transparency in Land Acquisition,…
Today the Finance Minister, Smt. Nirmala Sitharaman, presented the Economic Survey in the Parliament that details the state of the economy ahead of the General Budget for the Financial Year…
INCOME TAX : Where employee has actually travelled, as a part of composite itinerary involving a foreign sector as well, to destination in India, whatever may be the position with…
EXCISE/ST/VAT : Delhi CESTAT judgment levying service tax on operation of parking facility provided by entities to shopping malls under activity of management, maintenance or repair service was to be…
INCOME TAX : Just because partnership firm failed to file its return of income for relevant year, by itself, will not confer jurisdiction upon authority concerned to issue notice against…
The issuance of certificate under section 197 of the Income-tax Act (the Act) has reference to provisions of section 195 of the Act, according to which any person entitled to…
Whether Covid 19 Induced Disruptions and derailed Revenue Targets compel the Finance Minister to reintroduce the erstwhile Inheritance Tax or Wealth Tax or Both in India? For a limited period…
The Economic Survey for the year 2020-21 has been tabled in the Parliament on January 29, 2021. The Economic Survey reviews the developments in the Indian economy over the previous…
Central Government has introduced a new scheme named “Startup India Seed Fund Scheme” to facilitate technology driven start-ups with financial assistance. The budgeted fund amounting to Rs. 945 crore will…