Explore the NIFTY 50 Index, India’s prominent market indicator, its composition, history, and why it remains a favored choice for investors. Learn about its rebalancing, key sectors, and more.
Get latest on MCA extension for conducting Annual General Meetings (AGMs) through Video Conferencing or Audio-Visual Means (OAVM) until September 30, 2023. Learn about compliance and implications.
The case revolved around an order issued under Section 263 of Income Tax Act. The issue at hand was whether absence of the DIN in order rendered it invalid, despite subsequent communication.
ITAT Jaipur held that reassessment of income under section 147 of the Income Tax Act other than income in respect of which AO has formed a reason to believe that the income has escaped assessment is unsustainable in law.
ITAT Pune held that in view of huge quantitative differences, Comparable Uncontrolled Price (CUP) method cannot be applied. Hence, Transactional Net Margin Method (TNMM) is applicable in respect of international transaction of ‘Sale of Finished Goods’.
Ministry of Home Affairs authorizes Aadhaar authentication for visitors to prison inmates on a voluntary basis. Learn about guidelines and compliance requirements.
CBIC reduces Special Additional Excise Duty on export of Diesel to Rs. 5.00 per litre from earlier rate of Rs. 5.5 per litre with effect from 30th day of September, 2023. MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 33/2023-Central Excise | Dated: 29th September, 2023 G.S.R. 701(E).—In exercise of the powers conferred […]
CBIC amends Notification No. 18/2022-Central Excise, dated the 19th July, 2022 to increase the Special Additional Excise Duty on production of Petroleum Crude to Rs. 12,100 per tonne from earlier Rs. 10,000 per tonne and reduce the Special Additional Excise Duty on export of ATF to Rs. 2.50 per litre from earlier Rs. 3.5 per litre […]
CBDT’s recent notification (No. 85/2023) outlines tax exemption for the ‘National Farmers Welfare Program Implementation Society.’ Discover the income sources covered and conditions here.
CBDT’s latest notification (No. 84/2023) on ‘Punjab Nurses Registration Council’ clarifies its tax-exempt status for specific income sources. Details here.
