Delhi High Court dismisses writ petition filed by Revenue and held that Income Tax Appellate Tribunal being an appellate body has wide powers to call for records/examine the records. Such powers cannot be curtailed and the Revenue cannot refuse to produce the records. The Revenue claims to be aggrieved by the direction of the Income […]
Provisional Ids and Access Token of Phase 3 dealers, are now made available by GSTN. Dealer can obtain their provisional Ids from department’s portal www.mahavat.gpv.in, using their login credentials.
It is befitting to dedicate Vivekananda’s birthday, January 12, to the youth of the country whose entrepreneurial ambition and consumerist desires need be exposed to countervailing moral and ethical values for bringing sanity to their attitudes and actions.
Court is of the opinion that there is no infirmity with the ITAT order which essentially held that the valuation by the banker, who provided credit could well be different from the valuation report for the transaction given that the assessee had purchased the property long ago. In other words, the absence of any material […]
Since the early ages, the transfer of skills has been happening through the tradition of apprentices. A young apprentice would work under the tutelage of a master craftsman to learn the craft, while the master craftsman would get an inexpensive form of labour in exchange of training the apprentice and basic amenities.
The Health Minister has called the National Cancer Institute, the largest public health investment project of Independent India. With 710 beds, 26 Operation Theaters, 15 laboratories for Principal Investigators, a separate Diagnostics Block – the National Cancer Institute is the behemoth of Indian cancer care.
A similar picture has emerged for wheat. The area under cultivation in 2013-14 was 304.73 lakh hectares with an output of 95.85 million tonnes. The comparative figure for 2016-17 is 302.31 lakh hectares, while production is pegged at 96.64 million tonnes. Doubtlessly, the farmers of the country need to be applauded for their efforts. Let’s hope, assisted by several new measures taken by the government, the day is not far when the farmers of our country will be a happy lot. As Prime Minister Modi has said, “Give water to the farmers of this country and see the wonders they can do. Through the Pradhanmantri Krishi Sinchai Yojana, we want to ensure that water reaches every village across the length and breadth of the country.” The Prime Minister has also said that his government has a vision of doubling the farmers’ income by 2022.
Before end March 2017 (1st phase), population based screening will be conducted in 100 districts (32 states/UTs); operational screening guidelines for diabetes, hypertension and common cancers have been released. Data will be gathered for counselling the at-risk individuals. Subsequently, chronic obstructive respiratory diseases will be included and the programme will be scaled up.
Instead of the requirement of payment of STT on acquisition, it would be desirable to categorically define a list of sham transactions which would not be entitled to exemption of LTCG. This would automatically provide benefit to genuine investors.
Clarity regarding carry forward and set off of MAT credit in cases where the ten year period has expired on or before AY 2016-17 but the fifteen year period has still not expired needed.
