CIT Vs Authority for Advance Ruling (Delhi High Court) The issue under consideration is whether the question raised in the notice under Section 143(2) can be stated to be ‘pending’ to attract clause (i) of the proviso to Section 245R(2) of the Act? In the present case, the petitioner i.e CIT argues that since the […]
whether the Tribunal was correct in holding that the assessee is liable to be taxed at 10% in view of replacement of 15% with 10% of tax in Article 12 of the DTAA without taking into consideration that the modification of rate of tax by way of notification?
The issue under consideration is whether the CIT(A) was right in deleting the addition made by the AO on account of unexplained investment in purchase of gold?
National Commission for Allied and Healthcare Professions Bill, 2020 was introduced in Rajya Sabha on 15th September 2020. Text of the same is as follows:- The Gazette of India NEW DELHI, TUESDAY, SEPTEMBER 15, 2020 CG-DL-E-22092020-221868 EXTRAORDINARY PART II PUBLISHED BY AUTHORITY RAJYA SABHA The following Bills were introduced in the Rajya Sabha on the […]
While spending immeasurable time on WhatsApp everyday, people can now take care of their short-term or long-term financial needs using that popular messaging app. Geojit Financial Services Ltd., one of the leading investment services companies in India, has made it possible with the launch of their custom-made WhatsApp channel. Developed by Geojit Technologies, the unique WhatsApp channel has […]
The issue under consideration is whether agreement for construction of house interpreted as agreement for purchase for availing benefits of deduction u/s 54F if construction completed within three years?
The issue under consideration is whether the CIT is correct in restricting the disallowance u/s 69C against bogus purchase at rate of 12.5% of the bogus purchases?
Gajendra Sharma Vs Union of India (Supreme Court ) The issue under consideration is whether the interest will be charged on loan during moratorium period which is declared by RBI due to COVID-19? As per RBI’s circular dated 27th March, 2020 the RBI has extended the moratorium period from June 01 to 31st August, 2020 […]
Union of India Vs Agricas LLP and Others etc. (Supreme Court) In the instant case, the Writ Petition is filed by challenging the imposition of restrictions on import of Peas and pulses. As per petitioner, the notifications issued by the DGFT had the effect of modifying or amending the EXIM policy as the specified items […]
ICAI proposes following Draft Regulations which provides that A Chartered Accountants has to appear and pass the Assessment if applying for membership after 3 years of clearing CA Finals or Members who have not renewed their membership for 3 years.
