ATTENTION FOUNDATION STUDENTS!! Cancellation of exemption granted on the basis of 60% or more marks in June 2019 Session of Foundation Examination Students of foundation stage who have been granted exemptions based on attaining 60% or more marks in June 2019 are hereby informed that the said exemptions stands cancelled with immediate effect as the […]
Income Tax Department carried out search and seizure operations on 17.02.2021 on a group based in Sangamner, Pune at 34 different locations across Maharashtra. The group entities are largely engaged in packaging and sale of tobacco and related products, generation and distribution of power, sale of FMCGs, and real estate development.
Income Tax Department carried out search and seizure operation on 18.02.2021 at 22 premises of a Betul based Soya products manufacturing group at Betul and Satna in M.P., Mumbai and Solapur in Maharashtra and Kolkata.
The person who pays alimony does not receive any tax benefit on such payment. Even if a part of his salary directly gets deducted by his employer as per the order of competent authority then even he need to pay tax on gross income.
INTRODUCTION According to a Survey India records highest rate of bribery in Asia i.e.39% and highest rate of citizens using personal connections (46%). Worries grew as inflation rate rose from 3.7% to 12.1% over 2001-2010. Bigger scams involving lakhs crores of rupees were into pockets of officials and ministers. Corruption became great hindrance in development […]
Macrotech Developers Ltd. Vs State of Maharashtra (Bombay High Court) a. It is declared that the Petitioners are entitled to the benefits of Order bearing No. Mudrank-2020/ C.R.No.136/ M-1(Policy) dated 29.08.2020 issued by the State of Maharashtra under the Maharashtra Stamp Act and subsequent orders granting concession in payment of stamp duty on the instrument […]
We advise that Fino Payments Bank Limited has been included in the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DoR.NBD.No.2138/16.03.005/2020-21 dated January 01, 2021 and published in the Gazette of India (Part III – Section 4) dated February 13 – February 19, 2021.
The undersigned is directed to state that the Ministry of Road Transport and Highways, GOI has earlier issued the Guidelines for the Scheme, namely “Deployment and Management of State wise Vehicle Tracking Platform for Safety a Enforcement as per AIS 140 Specifications in States Et Union Territories under Nirbhaya Framework” dated 15th January, 2020.
State Goods and Services Tax Department, Kerala FILE No. CT/1444/2021-C9 Office of the Commissioner of State Tax State Goods and Services Tax Department Tax Towers, Karamana, Thiruvananthapuram Dated: 22/02/2021 Guidelines Sub: Determination of tax under Section 73 and 74 of the KSGST/CGST Act, 2017 –guidelines issued–reg. There may arise some instances where the tax under […]
Manonmaniam Sundaranar University Vs Joint Director (GST Intelligence) (Madras High Court) The University is renting the property to other institutions and collecting rent from them. Therefore, the second respondent was justified in raising demand for the said service. However, there is no justification in levying penalty. The assessee is not a private entity. The respondents […]
