posted: "EXCISE/ST/VAT: Where petitioner-dealer had relied upon Form XXA to prove movement of goods from Chennai to Bangalore at first instance, initial burden cast upon petitioner in terms of Tamil Nadu General Sales Tax Act, 1959, was discharged and onus shifted"
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posted: "INCOME TAX : SLP dismissed against High Court ruling that interest received on compensation or enhanced compensation under Land Acquisition Act, 1894 is to be treated as 'income from other sources' and not under head 'capital gains'INCOME TAX : SLP dismis"
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posted: "RBI has decided that rate of interest payable by banks to depositors on unclaimed interest bearing deposit amount transferred to the Fund shall be 3 % simple interest per annum with effect from the date of this circular. Accordingly, all the banks advise"
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posted: "RBI has decided to amend the Master Directions on KYC to further leverage the Video based Customer Identification Process (V-CIP) and to simplify and rationalise the process of periodic updation of KYC.RBI has decided to amend the Master Directions on KYC"
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posted: "FEMA amp; BANKING : Where agricultural properties of appellant-farmers were attached under PMLA by impugned order but appellants claimed that physical possession of properties was with them and sought for stay of impugned order and permission to harvest c"
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posted: "The CBDT vide Notification No.56/2021, dated 07-05-2021 has given relaxation to Hospitals from provisions to section 269ST. Now, the board has issued corrigendum to correct the word "payee" with "payer" in the context of furnishing PAN or AADHAAR and the "
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posted: "INCOME TAX : Where assessee was a clearing and forwarding agent acting as an intermediary between exporter and airlines, it would not be responsible for deduction of tax at source on freight payments made to airlines on behalf of exporter in terms of sect"
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posted: "As per Notification issued on 7th May, 2021, the Central Board of Direct Taxes (CBDT) has granted Relaxation of monetary limit under sec. 269ST of Income Tax Act for cash payment to Hospitals, Dispensaries, Nursing Homes, Covid Care Centres or similar oth"
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