posted: "INCOME TAX : Where reassessment was initiated on basis of information that a search and survey action under section 132 carried out in case of a company revealed that assessee had lent cash loan of Rs. 30 lakhs to said company and, therefore, said sum had"
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posted: "INCOME TAX/BENAMI ACT : Mere fact that defendant's wife had no income and property was purchased by him in her name could not establish that property was purchased benami in wife's name to evade decree and its execution in a money suit under pro note espe"
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posted: "The CBDT has amended the Securities Transaction Tax (STT) Rules, 2004 to specify that the managing director or a whole-time director is responsible for collecting and paying STT in the case of the Insurance Company. The board has also notified Form no. 2A"
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posted: "CBIC has issued notification to provide exemption from Custom Duty on certain goods when imported into India by All India Football Federation for the purpose of organising the AFC Women's Asian Cup India, 2022 subject to certain conditions.CBIC has issued"
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posted: "Section 45(1B) provides that when a person receives an amount under ULIP, to which exemption under Section 10(10D) does not apply, any profits arising from such receipt shall be chargeable to tax under the head capital gains. The CBDT has notified Rule 8A"
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posted: "INCOME TAX/BENAMI ACT : A duty and responsibility to make verifications of applications and declaration forms is not 'property' under section 2(c), read with sections 405, 419 and 420 of Indian Penal CodeINCOME TAX/BENAMI ACT : A duty and responsibility t"
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posted: "CBIC has issued circular to allow extension of time period for re-exports of ISO containers meant for transportation of Liquid Medical Oxygen grade, if imported under Notification No. 104/1994-Customs dated 16.03.1994, till 30.09.2022.CBIC has issued circ"
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