Notification No. 47/2015-2020-DGFT -
(31/01/2018) -
Schedule 2 of ITC(HS), 2018 contains current export policy of items indicated along with policy conditions to be fulfilled, if any. The same is available on the DGFT website (www.dgft.gov.in) under heading captioned ITC(HS), Schedule 2, Export Policy 2018'....
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Shri Vinod Agarwal Vs. Pr. C.I.T. Central (ITAT Kolkata) -
The Kolkata bench of the Income Tax Appellate Tribunal (ITAT), in Vinod Agarwal vs Pr.C.I.T.Central, has explained the law on income tax exemption for partners’ share of profit in the income of the firm in detail. ...
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ITO Vs M/s.Edanad- Kannur SCB Ltd. (ITAT Cochin) -
ITO Vs M/s. Edanad- Kannur SCB Ltd. (ITAT Cochin) The undisputed facts are that the assessees in these cases are all primary agricultural credit society and they are registered as such under the Kerala Cooperative Societies Act. The Hon’ble jurisdictional High Court in the case of Chirakkal Service Co-operative Bank Limited & Ors....
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Many students failed in CA IPCC November 2017 attempt. You may be one of them. There must be so many questions roaming in your mind, reasons behind your failure, how you should start over again after failure in IPCC. Read the article and find out all answers....
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Under which circumstances can a registered Taxpayer file for cancellation of GST registration? A registered Taxpayer can file for cancellation of GST registration on the occurrence of any of the following events: Discontinuance of business or closure of business. Taxable person ceases to be liable to pay tax. Transfer of business on accou...
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What is Limited Liability Partnership(LLP): Limited Liability Partnership entities, the world wide recognized form of business organization has been introduced in India by way of Limited Liability Partnership Act. A Limited Liability Partnership, popularly known as LLP combines the advantages of both the Company and Partnership into a sin...
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Deputy Commissioner of Income Tax Vs National Health & Education Society (ITAT Mumbai) -
DCIT Vs National Health & Education Society (ITAt Mumbai) CIT(A) relying upon the order of its predecessor in AY 2010-11 & 2011-12 allowed the appeal of the assessee on the premises that operation of the pharmacy shop was intrinsic to the activities of the assessee and not incidental and did not constitute business and therefore, ...
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Priyank Mittal Vs. ITO (ITAT Agra) -
Priyank Mittal Vs. ITO (ITAT Agra) A perusal of the reasons recorded by the AO shows that the allegation as per the reasons to believe escapement of income is bogus purchase/sale of shares, while the impugned addition has been made with respect to gift, which shows that the A.O. had no specific information. Hence, as […]...
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Arise India Limited and others Vs. Commissioner of Trade & Taxes, Delhi and others (Delhi High Court) -
High Court of Delhi held Section 9(2)(g) of Delhi VAT Act to the extent it disallows Input tax credit to purchaser due to default of selling dealer in depositing tax, as violative of Articles 14 and 19(1)(g) of Constitution of India....
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Today, mobile devices have high resolution, large screens, high-speed internet access and availability of sophisticated third-party software development. They have become a substitute for computers and with the advancement of hybrid devices like smartphones, netbooks and, tablets, the mobile phone trading scene has never been so rich....
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