Understanding the taxation of shares and mutual funds. Learn about the different tax implications for trading shares as business income or capital gains.
Advocating for an increase in the limit of expenditure on treatment under Section 80DDB of the Income Tax Act. Discover why the current limits are inadequate for taxpayers.
Amendment in Section 403 of the Companies Act, 2013 and notification of Companies (Registration Offices and Fees) Amendment Rules, 2022 w.e.f. 01st July, 2022. This is to inform you that the Central Government has appointed the 01st July, 2022 as the date on which the following provisions of the Companies (Amendment) Act shall come into force namely:
Investor Education and Protection Fund Authority (IEPFA) signs MoU with Indira Gandhi National Open University (IGNOU) for promoting Investor Education and Financial literacy among youth through Gyan Darshan channel The Investor Education and Protection Fund Authority (IEPFA) under the aegis of Ministry of Corporate Affairs has signed a Memorandum of Understanding (MoU) with Indira Gandhi […]
Shri Piyush Goyal appeals to the industry to prepay MSMEs for their services to boost employment and growth Shri Piyush Goyal asks Industry to give inputs for further decriminalization of rules Government committed to big infrastructure and capital expenditure to support businesses activities – Shri Goyal Industry should use Single Window for businesses processes and […]
In re Chandrakala Associates (CAAR Mumbai) The subject goods for which advance ruling has been sought, their characteristics, manufacturing process, utility etc. are already mentioned in the aforementioned paras. The subject goods are clear float glass, with an absorbent layer, which is fluorescent under UV illumination. The subject goods are not wired, not tinted and not […]
In re Audio Distribution House Pvt. Ltd (CAAR Mumbai) The projector under consideration has got certain additional ports such as HDMI, audio, composite, etc. Further, the product is compatible with an aspect ratio of 16:9, though the aspect ratio of 4:3 is native. These facts make it capable of being a video projector and consequently […]
In re Alvest Millennium Aviation Leasing IFSC Pvt Ltd (CAAR Mumbai) According to the HSN Explanatory Notes, the heading 8803 covers parts of the goods falling in heading 88.01 or 88.02, provided the parts fulfil both the following conditions: – i. They must be identifiable as being suitable for use solely or principally with the […]
The goods described in the application as parts of electronic toy car, in semi-assembled form as presented before me merit classification under heading 9503 of First Schedule to the Customs Tariff Act.
Union of India Vs Asaid Paints Limited (Karnataka High Court) on a careful consideration of the judgments cited by the learned senior counsel and learned counsel for respondents in light of the order impugned, we find that the learned single Judge has been persuaded by the judgment passed in Adfert Technologies in coming to the […]
