posted: "The Income-tax Department has conducted a search and seizure operation on a leading automobile manufacturer group on March 23, 2022. Various incriminating documents and digital evidence were found and seized during the search operation. Expenditure aggreg"
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posted: "The RBI has clarified w.r.t Master Direction on Classification, Valuation, and Operation of Investment Portfolio of Commercial Banks (Directions), 2021. RBI clarified that the investments in special securities received from the Govt. towards bank's recapi"
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posted: "INCOME TAX : Where assessee real estate builder and a developer, followed project completion method of accounting and offered its income to tax in subsequent assessment year 2007-08 instead of adopting percentage completion method and offering income in r"
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posted: "The Central Board of Direct Taxes (CBDT) has entered into 62 Advance Pricing Agreements (APA) in FY 2021-22 with Indian taxpayers. This includes 13 Bilateral APAs (consequent to Mutual Agreement between India and its treaty partners) and 49 Unilateral APA"
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posted: "The Govt. has extended the last date of submission of online annual returns for year 2020-21 up to June 30, 2022 u/r 17 Foreign Contribution (Regulations) Rules, 2011 (FC Regulations) . As per Regulation 17, every, person who receives foreign contribution"
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posted: "The RBI, makes amendment w.r.t legal framework for enforceability of bilateral netting of qualified financial contracts (QFC). Earlier through vide Notification no. FMRD.DIRD.2/14.03.043/2020-21 dated March 9, 2021, notified (a) "derivatives"; and (b) "re"
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posted: "MCA has notified the Companies (Accounts) Second Amendment Rules, 2022. As per the amendment notification, the MCA has extended the implementation of Audit Trail software to a financial year commencing on or after April 1, 2023 earlier such provision was "
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posted: "The DGFT has issued notification to extend the validity of Foreign Trade Policy 2015-20 till September 30th, 2022 from March 31st, 2022.The DGFT has issued notification to extend the validity of Foreign Trade Policy 2015-20 till September 30th, 2022 from "
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posted: "The RBI has decided to extend the timeline for implementation of cassette swap in all ATMs till March 31, 2023. Earlier, the same was advised to be implemented in a phased manner covering at least one-third ATMs operated by the banks every year, which was"
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posted: "The Central Board of Direct Taxes (CBDT) has notified Income-tax Return (ITR) Forms applicable for filing return of income for the Assessment Year 2022-23.The Central Board of Direct Taxes (CBDT) has notified Income-tax Return (ITR) Forms applicable for f"
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posted: "The application for registration or approval under Sections 10(23C), 12A or 80G is to be made in Form No. 10AB. Considering the difficulties in electronic filing of such a Form, the CBDT has decided that Form no. 10AB may be filed on or before September 3"
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posted: "INCOME TAX : A trust could be allowed to carry forward deficits of earlier years and set it off against surplus of subsequent yearsINCOME TAX : A trust could be allowed to carry forward deficits of earlier years and set it off against surplus of subsequen"
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