Corporate tax rate cut: Diwali bonanza to corporate
While tax rates cuts have been announced every year since 2016 Budget, due to increase in surcharge on corporate tax and increase in cess, effective tax rates have only gone up. But now with across th
RBI unveils norms to resolve disputes related to failed digital transactions
The Reserve Bank of India (RBI), on Friday, unveiled a framework on harmonisation of Turn Around Time (TAT) for resolution of customer complaints related to failed transactions across all authorised
India-funded oil refinery in Mongolia to be completed by 2022-end: Pradhan
The USD 1 billion oil refinery being built with Indian aid in Mongolia will be completed by December 2022 and will meet about three-fourths of Mongolian oil requirement, Union Minister Dharmendra
Constitution of GST appellate tribunal unconstitutional: Madras HC
A division bench of the Madras High Court on Friday held that the conditions related to the constitution of the Goods and Services Tax (GST) Appellate Tribunal as unconstitutional.
Sebi partially freezes LICs voting rights in National Stock Exchange
Life Insurance Corporation of Indias (LIC) acquisition of IDBI Bank has led to unintended consequences. The market regulator Securities and Exchange Board of India (Sebi) has partially frozen LIC’s vo
Relief for FPIs: Capital gains on debt securities now exempt from surcharge
The government on Friday exempted foreign portfolio investors (FPIs) that make capital gains on debt securities from the higher surcharge that was introduced in the Budget. This will bring relief to s
Improve revenue buoyancy, Finance Commission chairman asks states
Fifteenth Finance Commission (FFC) Chairman N K Singh on Friday asked states to consider restructuring goods and services tax (GST) compensation, amid growing concerns over the Centre’s revenue
GST Council cuts rates on hotels, hikes on caffeinated beverages
The Goods and Services Tax (GST) Council on Friday more than doubled the GST rate for caffeinated beverages such as Thums Up Charged and Red Bull from 18 per cent to 40 per cent while giving relief
DCIT v. Divya Yog Mandir Trust
Dharam Pal Aggarwal v. ACIT
Venkatasamy Jagannathan, In re
Harish M. Kukreja v. ITO
CIT v. Vaani Estates (P) Ltd.
Somnath Ghosh v. ITO
Pr. CIT v. Mahalaxmi Infra Projects Ltd.
Nikhil Comforts, In re
ACIT v. Samor Properties Pvt. Ltd.