Participants in the capital market in India have been early adopters of technology. SEBI believes that encouraging adoption and usage of financial technology (‘FinTech’) would have a profound impact on the development of securities market. FinTech can act as an instrument to further develop and maintain an efficient, fair and transparent securities market ecosystem.
Smt. D. Zeenath Vs ITO (Madras High Court) Conclusion: Assessee created mortgage after acquiring the property and clearing off of the mortgage debt prior to transfer of the property would not entitle her to claim deduction under section 48 as there was only a mere application by the owners themselves of the profits realized on […]
In re Greentech Mega Food Park Pvt. Ltd. (GST AAR Rajasthan) Whether the Lease Agreement between the Applicant Company i.e. the lessor and the lessee for a period of 99 years is a sale of immovable property and outside GST and is exempt from levy of GST? If the present transaction of giving land on […]
In re National Highway Authority of India (Regional Office) (GST AAR Rajasthan) We observe that the applicant is a Central Government entity whose primary work is building roads and bridges. Shifting, dismantling and raising of transmission lines is done by the applicant as and when required for safe electrical clearances during the widening of the […]
In view of the reorganization of Divisions in the Ministry of Home Affairs and allocation of work relating to countering of terror financing to the Counter Terrorism and Counter Radicalization (CTCR) Division, the Government has modified the earlier order dated August 27, 2009 by the order dated March 14, 2019
ORDER No. 03/104 of 2019- The transfers and postings of the following Income Tax Officers are hereby ordered with immediate effect and until further orders.
ORDER No. 02/104 of 2019 The transfers and postings of the following Income Tax Officers, presently posted on in-situ basis, are hereby ordered with immediate effect and until further orders.
ORDER No. 01/104 of 2019 The transfers and postings of the following Income Tax Officers, presently posted on in-situ basis, are hereby ordered with immediate effect and until further orders.
Similarity between Section 112 and Section 112A of Income Tax Act, 1961- 1. Both sections covers following Long Term Capital Asset. 2. Both sections determine tax on long term capital gains and falls under chapter XII of the Income Tax Act, 1961.
A blockchain is a growing list of records, called blocks , which are linked using cryptography. Each block contains a cryptographics hash of the previous block a timestamp and transaction data. By design a block chain is resistant to modification of the data . It is an open distributed ledger that can record transaction between […]
