Have you ever heard of people that get rich by saving? No, because hoarding funds is not a great way to for anyone to maximise their profits. Rather, most people with a massive volume of funds get rich by making sound investments that yield substantial returns. Keeping this in mind, it must be said that […]
A critical component of The World Bank`s Ease of Doing Business (EODB) Index rankings 2019 is its `Trading Across Borders` category in which India now stands at rank 80, a huge jump of 66 ranks from 146 in 2018. This was made possible largely due to several reform measures initiated and implemented by the CBIC, which inter alia include SWIFT, e-Sanchit, DPD, revised AEO programme, RFID e-seal programme etc.
Withdrawal of approval under section 35(1)(ii) of Income-tax Act, 1961 in the case of M/s Bioved Research Society,Allahabad(PAN: AAAA135572D) and request to take appropriate remedial action In the case of donors -reg.-
♦ An e-bridge/e-platform for accessing the key services provided by the department to the general public/taxpayers. ♦ Friendly, easy, interactive and informative application to assist and empower taxpayers wherein they can access the various services anytime, anywhere. ♦ ‘Aaykar Setu’ provides extensive information about tax related queries & services accessible through Android as well as […]
Government of Republic of India and the Government of His Majesty the Sultan And Yang Di-Pertuan Of Brunei Darussalam signed an Agreement for the Exchange of Information and Assistance in Collection with respect to Taxes (TIEA) on 28th February 2019 at New Delhi.
Analysis of ITC of / In Respect of Motor Vehicles CGST (Amendment) Act, 2018 as well as CGST Act, 2017 have been amended respectively for the first time since the implementation of GST in our Country. Section 17(5) gives us the cases of blocked credit – any goods or services which are getting covered under the […]
Mr. Jairam Ramesh Vs Union of India and Ors (Delhi High Court) There is no dispute that the petitioner herein is a Member of Rajya Sabha. The plea of Mr. Chidambram that the petitioner was not aware that such amendments have been carried out as Money Bills, is no reason to challenge the amendments, at […]
The Income Tax Department may keep an eye on those buyers who have brought property from non-resident and have failed to deduct/deposit TDS on the purchase of property from a non-resident. TDS part with respect to a non-resident is complex and should be complied with the help of an expert who is well aware of […]
Angel tax means the tax payable by unlisted companies during the raising of capital wherein the share price exceeds the fair market price of the share sold. The tax was initially conceptualized in the 2012 Union Budget by then finance minister Pranab Mukherjee with an endeavour to curtail the flow of illegitimate laundering of funds.
As we know, in a ghastly and gruesome attack on our CRPF personnel in the Pulwama district of Jammu & Kashmir, 40 personnel were killed. We strongly condemn this despicable and cowardly act.
