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Blog, News, Income Tax

April 29, 2022

CBDT notifies countries with ‘Original Fund’ eligible for Sec. 47 (viiac)/(viiad) exemption

Notification no. 46/2022, dated 27-04-2022 … Continue reading “CBDT notifies countries with ‘Original Fund’ eligible for Sec. 47 (viiac)/(viiad) exemption”

Blog, News, GST & Customs

April 29, 2022

Rs. 2.78 lakh crore of GST Compensation Cess released to States for the year 2020-21

Press Release dated April 27th, … Continue reading “Rs. 2.78 lakh crore of GST Compensation Cess released to States for the year 2020-21”

Blog, News, GST & Customs

April 29, 2022

Mango pulp is classifiable under Heading No. 0804 5040 and taxable at 18%: AAAR

Case Details: Appellate Authority for … Continue reading “Mango pulp is classifiable under Heading No. 0804 5040 and taxable at 18%: AAAR”

Blog, News, FEMA & Banking

April 29, 2022

IFSCA prescribes a framework for FinTech entities in IFSC

IFSCA Circular no. F.No. 521/IFSCA/FinTech/FE … Continue reading “IFSCA prescribes a framework for FinTech entities in IFSC”

Blog, News, FEMA & Banking

April 29, 2022

IFSCA mandates IFCS banking units to develop a comprehensive policy on sustainable linked lending

Notification No. F. No 584/ … Continue reading “IFSCA mandates IFCS banking units to develop a comprehensive policy on sustainable linked lending”

News, Blog, Company Law

April 29, 2022

SEBI amends ICDR norms; prescribes effective date w.r.t size of public issue

NOTIFICATION No F. No. SEBI/LAD-NRO/GN/2022/82., … Continue reading “SEBI amends ICDR norms; prescribes effective date w.r.t size of public issue”

Blog, News, Company Law

April 29, 2022

MCA has notified the Companies (Registration of Charges) Amendment Rules

Notification No. G.S.R. 320(E).Dated 27th … Continue reading “MCA has notified the Companies (Registration of Charges) Amendment Rules”

Blog, News, Transfer Pricing

April 29, 2022

ITAT gives relief to assessee and set-aside penalty for non-furnishing of Form 3CEB

Case Details: Faith Intertrade v. … Continue reading “ITAT gives relief to assessee and set-aside penalty for non-furnishing of Form 3CEB”

Blog, News, Income Tax

April 28, 2022

Reassessment justified as huge cash was deposited against PAN of assessee being non-filer of ITR: HC

Case Details: Farmacia Molio v. … Continue reading “Reassessment justified as huge cash was deposited against PAN of assessee being non-filer of ITR: HC”

Blog, News, Income Tax

April 28, 2022

Cash loan over Rs. 20,000 from family members to meet business exigencies acceptable: ITAT

Case Details: Balwan Singh v. … Continue reading “Cash loan over Rs. 20,000 from family members to meet business exigencies acceptable: ITAT”