Clarification regarding proposal in Finance Bill, 2020 on a provision with regard to –NRI Tax
Finance Bill, 2020 has proposed that an Indian citizen shall be deemed to be resident in India, if he is not liable
Tax
CBDT takes steps to ensure transparency in Tax Administration by bringing in concept of DIN
With a view to bringing greater transparency in the functioning of the tax-administration and improvement in service delivery, almost all notices and
Ker HC | Vehicles and goods detained due to expiry of e-way bills can be released on furnishing of bank guarantee for tax and penalty due
Kerala High Court: Raja Vijayaraghavan V, J. allowed a civil writ petition filed by a company and directed release of its vehicles
Tax treatment of “sales promotion schemes” under GST–Clarification
Various representations have been received seeking clarification on issues raised with respect to tax treatment of sales promotion schemes under GST. To
Income tax exemption for gratuity enhanced Up to Rs 20 lakhs
Ministry of Finance has enhanced the income tax exemption for gratuity under Section 10 (10) (iii) of the Income Tax Act, 1961
NAA | No profiteering where there is neither any reduction in rate of tax nor increase in per unit base price of the product
National Anti-Profiteering Authority (NAA): The Coram of B.N. Sharma (Chairman), and J.C. Chauhan and R. Bhagyadevi (Technical Members) dismissed an application filed
India and Brunei sign Agreement for Exchange of Information and Assistance in Collection with respect to Taxes (TIEA)
The Government of Republic of India and the Government of His Majesty the Sultan and Yang Di-Pertuan of Brunei Darussalam signed an
Buildings constructed from the year 1990-1993 entitled to tax exemption as per S. 3A of the Kerala Buildings Act, 1993
Supreme Court: Deciding on the issue that whether the State Government may deny the tax exemption which was promised earlier, the bench
People may refuse to pay tax if government fails to curb corruption
Bombay High Court: Hearing an anticipatory bail application, a bench comprising of AB Chaudhary, J observed that to eradicate the cancer of
Sodexo Meal Vouchers are not ‘goods’ within the meaning of S. 2(25) of Maharashtra Municipal Corporation Act, 1949
Supreme Court: While considering the present issue that whether the pre-printed, non- transferrable vouchers printed by the name Sodexo Meal vouchers, can