Read Notification No. 56/2023 under the Income Tax Act, 1961, specifying the details of a zero coupon bond issued by REC Ltd. Learn about the bond’s period, maturity amount, discount, and more.
In a landmark ruling, Delhi High Court quashes TDS penal action against DLF Homes Panchkula Pvt Ltd for the FY 2013-14. Detailed verdict here.
Based on the information provided, it appears that the Government of National Capital Territory of Delhi (Amendment) Bill, 2023, has been introduced in Lok Sabha on 1st August, 2023. The bill aims to amend the Government of National Capital Territory of Delhi Act, 1991. The Statement of Objects and Reasons explains the need for the […]
Delhi High Court reverses a reassessment order against Raj Jain triggered due to a PAN misinformation. Explore the detailed court proceedings.
CESTAT Chennai grants approval for the amendment of shipping bills in the case of Regin Exports. The rejection of the request by the authorities is set aside, citing the absence of examination as an insufficient reason for denial.
CESTAT Chennai allows the appeal by VNMS Ayyachamy Nadar & Bros against the order of the Commissioner of Customs. The revocation of the CHA license is set aside, and a partial forfeiture of the security deposit is upheld.
The Supreme Court directs the Income Tax Department to pay costs of Rs. 1.5 lakh to Western Union and orders re-adjudication of tax appeals with a delay in refiling.
Read SEBI’s Master Circular for AIFs, providing regulatory framework, compliance requirements, and guidelines for investors in securities market.
Stay updated with the latest amendment to Central Excise Act 1944. Notification No. 24/2023-Central Excise increases Special Additional Excise Duty on Petroleum Crude to Rs. 4,250 per tonne from August 1, 2023.
CESTAT Ahmedabad rules that a sanctioned refund claim can be adjusted to any dues of excise duty as per Section 11 of the Central Excise Act. The case involves the appropriation of excess Cenvat credit and penalty amounts from the refund.
