ITAT Delhi deletes section 68 addition in B N Public School vs ACIT, confirming no separate PAN or return needed for institution owned by trust/society.
Analysis of ITAT Delhi’s ruling in Bushra Javed Vs ACIT: Indexation benefits for acquisition costs based on payment year. Read the full legal insight here.
Ministry of Finance issues Notification No. 48/2023-Customs, imposing an effective export duty rate of 40% on onions until December 31, 2023.
Ministry of Finance’s Notification No. 47/2023-Customs amends Second Schedule to Customs Tariff Act, imposing 50% export duty on onions.
Read detailed analysis of GST Advance Ruling by Uttar Pradesh AAR on including value of material and execution work in taxable value for installation of lines by Purvanchal Vidyut Vitran Nigam.
Check the latest Customs exchange rates for foreign currencies to Indian rupees for imported and export goods. Effective from August 18, 2023.
Ministry of Finance introduces new rule for TDS on foreign currency income, specifying exchange rates for tax calculation. Learn about changes.
The 50th meeting of the GST Council which convened in New Delhi on 11th July 2023, concluded with the formulation of several momentous decisions that are expected to impact various sectors in India. Notably, in commemoration of this landmark meeting, the Chairperson of the GST Council unveiled a short video film titled ‘GST Council- 50 […]
Consultation paper by SEBI seeks public input on voluntary delisting norms under SEBI’s 2021 regulations. Review of reverse book building, alternative mechanisms, and more.
Learn about India’s Inter-Services Organisations (Command, Control and Discipline) Act, 2023. Enacted for discipline & duty management across forces
