Notification No. 62/2023 outlines tax exemptions for Urban Improvement Trust Udaipur under Section 10(46) of Income-tax Act, 1961, including conditions and retrospective effect.
Calcutta High Court ruling on invoking writ jurisdiction under Section 148A(d) of the Income Tax Act in Tezas Trading Co. case. Read the judgment here.
NCLAT Delhi directs RP to admit claims of allottees regarding payments made to ex-directors of the Corporate Debtor. Read details of the judgment.
Calcutta High Court ruling on the issue of assessee harassment due to change to a faceless system in Income Tax appeal. Read Park Leather Company’s case.
Calcutta HC rules a writ petition can’t be entertained if the order is appealable. Insight into Euphoria Infotech India PVT LTD. vs ITO case.
Analysis of Orissa High Court ruling on Neelachal Udyog vs Joint Commissioner of State Tax, concerning non-constitution of GSTAT and tax demand deposit.
Calcutta HC examines the case of Tribeni Barters Pvt. Ltd., where the wrong PAN was quoted in a reassessment. Court orders presentation of relevant records.
Explore Chairman CBIC’s newsletter dated 14/08/2023, highlighting departmental updates, initiatives, achievements, and insights in the field of indirect taxes and customs.
Introduction: On August 14, 2023, the Reserve Bank of India (RBI) unveiled plans to initiate a pilot project for a Public Tech Platform for Frictionless Credit. This initiative is in alignment with the Statement on Developmental and Regulatory Policies released on August 10, 2023. The platform is being developed by the Reserve Bank Innovation Hub […]
Amendment to No. 04/2022-Central Excise raises Special Additional Excise Duty on diesel and ATF exports to Rs. 5.50 per litre from August 15, 2023.