Levy of Central Excise duty on tobacco and tobacco products is constitutionally valid even after implementation of GST: HC

GST : Levy of Central Excise duty on tobacco and tobacco products is constitutionally valid even after implementation of GST by Constitution 101st Amendment Act as Central Excise duty and…

Continue ReadingLevy of Central Excise duty on tobacco and tobacco products is constitutionally valid even after implementation of GST: HC

IFSCA permits registered broker dealers to provide market access to investors via authorized persons based in India

IFSCA vide circular no. F.No. 68/IFSCA/MRD-AP/2020-21 dated Oct 14, 2020, had permitted Broker Dealers (registered with IFSCA) of the stock exchanges to provide market access to investors through Authorized Persons…

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Sum received by assessee from mother for giving up his rights to contest ‘will’ of father can’t be taxed u/s 45: ITAT

INCOME TAX : Where suit properties were bequeathed to assessee’s mother under will and assessee had a right to question validity of will, sum received by assessee for giving up…

Continue ReadingSum received by assessee from mother for giving up his rights to contest ‘will’ of father can’t be taxed u/s 45: ITAT

Non-compliance of LODR norms: SAT directs appellant to deposit fine under protest and file a plea for waiver of fine

COMPANY LAW/SEBI : Where BSE and NSE had by impugned orders imposed fines on appellants for non-compliance of various provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as…

Continue ReadingNon-compliance of LODR norms: SAT directs appellant to deposit fine under protest and file a plea for waiver of fine