The Govt. has issued Notification No. 48/2021-Customs (ADD) in order to extend the applicability of Anti-Dumping Duty ('ADD') on import of Uncoated Copier Paper originating amp; exported from Indonesia and…
The RBI has made enhancements to the Indo-Nepal Remittance Facility Scheme, whereby the ceiling per transaction has been increased from Rs. 50,000 to Rs. 2 lakh and the cap of…
In exercise of the powers conferred by sub-section (2) of section 1 of the Deposit Insurance and Credit Guarantee Corporation (Amendment) Act, 2021, the MoF has appointed the 1st day…
The Income-tax dept. has carried out search operations on group based in Rajkot and Visakhapatnam. Group based in Rajkot is among Gujarat’s prominent real estate builders amp; developers and is…
Keeping in view the recent updates to Prepaid Payment Instruments (PPIs) guidelines, RBI has decided to issue updated master direction on Issuance and Operation of Prepaid Payment Instruments (PPI-MD) and…
EXC/ST/VAT : Section 4(4)(d) of Tripura Electricity Duty Act, 2019 is unconstitutional and beyond legislative power of StateEXC/ST/VAT : Section 4(4)(d) of Tripura Electricity Duty Act, 2019 is unconstitutional and…
INCOME TAX : Where assessee pharmaceuticals company incurred expenses for providing services such as taxi services, booking of air-tickets, cost of souvenir, etc. for conferences of doctors, in view of…
INCOME TAX: Where from inquiry/investigation by Investigation Wing, some tangible material was found to substantiate fact that assessee was provider of accommodation entries and that, income from commission, ranging from…
INCOME TAX : In order to avail a waiver of interest under section 220(2A), Chief Commissioner or Commissioner of Income Tax has to be satisfied that payment of amount demanded…
INCOME TAX : Where Assessing Officer gave opportunity of hearing to petitioners after search and directed them to get accounts audited, furnish report and provide requisite particulars as prescribed in…