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Income TaxLatest News

Judgement by Karnataka HC – Ground to Invoke Revisional Powers

dateNov 04, 2020
timeReading Time: 2 Minutes

The Karnataka HC in a recent judgement held that “just” insufficiency in an enquiry or inadequacy of evidence o...

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Income TaxLatest News

Overview on Income Tax (23rd Amendment) Rules, 2020

dateNov 03, 2020
timeReading Time: 3 Minutes

The Central Board of Direct Taxes has the power conferred upon them by Income Tax Act. Section 295(1) of Income Tax...

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Latest NewsTaxation

Corporate Tax Rates Slashed For Domestic Companies and Other Fiscal Reliefs

dateNov 02, 2020
timeReading Time: 3 Minutes

A Corporate Tax rate is the direct tax which is levied on the net income earned and the profit that corporate enter...

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Latest News

IRDA Announced Guidelines for Insurance Claim for the Flood Victims of Andhra Pradesh

dateOct 31, 2020
timeReading Time: 3 Minutes

Insurance Regulatory and Development Authority of India i.e. IRDA announced guidelines for insurance claim for the...

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Music License
Latest News

ITAT Decides Revenue from Distribution of Products cannot be Taxed as ‘Royalty’

dateOct 30, 2020
timeReading Time: 3 Minutes

The Income Tax Appellate Tribunal, New Delhi held that the generated revenue distribution of products cannot be tax...

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Latest NewsTaxation

Extension on Tax Audit Report due Dates and Income Tax Returns Applicable for AY 2020-21

dateOct 29, 2020
timeReading Time: 2 Minutes

Income tax audit report is an examination for an individual’s or organisation’s tax returns by agencies to veri...

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Goods and Service TaxLatest News

FM has Opened Special Window to States to Meet the GST Compensation Cess Shortfall

dateOct 29, 2020
timeReading Time: 2 Minutes

The Ministry of Finance has opened the Special Window to States for meeting the GST Compensation Cess shortfall. Un...

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FCRALatest News

NGO Seeks for Foreign Donations to open FCRA Account at SBI’s branch

dateOct 28, 2020
timeReading Time: 2 Minutes

NGOs now have to open and maintain a FCRA account in (SBI) State Bank of India's New Delhi main branch at Sansad Ma...

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Latest News

The National Commission for Allied and Healthcare Professions Bill, 2020- Overview

dateOct 26, 2020
timeReading Time: 3 Minutes

The National Commission for Allied and Healthcare Professions Bill, 2020 was introduced in the Parliament on Septem...

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Latest News

Indian Medicine Central Council (Amendment) Bill, 2020 Approved by the Parliament

dateOct 25, 2020
timeReading Time: 2 Minutes

The Indian Medicine Central Council (Amendment) Bill, 2020 was introduced in the upper house of Parliamen...

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Latest News

Everything you need to know about Bilateral Netting of Qualified Financial Contracts Bill, 2020

dateOct 24, 2020
timeReading Time: 3 Minutes

The Finance minister Nirmala Sitharaman introduced the Bilateral Netting of Qualified Financial Contracts Bill, 202...

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Latest News

Provisions for CGST ITC Rule 36 (4) for February, 2020 to August, 2020 is clarified by CBIC

dateOct 23, 2020
timeReading Time: 3 Minutes

The (CBIC) Central Board of Indirect Taxes and Customs has issued clarification on the restrictions for availment o...

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Latest NewsMSME

RBI Included Cooperative Banks in Interest Subvention Scheme for MSMEs

dateOct 22, 2020
timeReading Time: 2 Minutes

The Government of India, for (MSMEs) Ministry of Micro, Small and Medium Enterprises had announced the scheme for S...

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Latest News

Procedure for Inspection of ICDs/CFSs/AFSs as notified by CBIC

dateOct 21, 2020
timeReading Time: 3 Minutes

The (CBIC) Central Board of Indirect Taxes & Customs has been notified the process for inspection of (ICDs) Inl...

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