Manu Sharma
Manu Sharma is a tax-law enthusiast who is also a Physics Graduate deeply passionate about gaming, puzzles, technology and movies. With an eye for detail and knack for legal research, Manu plays a crucial role in curating and editing content to ensure accuracy, clarity, and relevance.
![Rajasthan HC directs Dept to Pay 6% Interest in lieu of Delayed VSVS Income Tax Refund [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Rajasthan-HC-Interest-Delayed-VSVS-Income-Tax-Refund-Income-Tax-Refund-Interest-in-lieu-of-Delayed-VSVS-Income-Tax-Refund-taxscan.jpg "Rajasthan HC directs Dept to Pay 6% Interest in lieu of Delayed VSVS Income Tax Refund [Read Order]")
Rajasthan HC directs Dept to Pay 6% Interest in lieu of Delayed VSVS Income Tax Refund [Read Order]
In a major move, a Division Bench of the Rajasthan High Court has recently directed the Income Tax Department to pay 6% interest for delayed refund...
![Income Tax Authorities cannot determine how much expenditure should have been incurred for the purpose of business: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/ITAT-INCOME-TAX-expenditure-Authoritie-TAXSCAN.jpg "Income Tax Authorities cannot determine how much expenditure should have been incurred for the purpose of business: ITAT [Read Order]")
RBI increases UPI Transaction Limits to Rs. 5 Lakhs per Day to Hospitals and Educational Institutions
In a decisive move to propel India towards a more cashless economy, the Reserve Bank of India (RBI) has announced substantial increases in the limits for Unified Payment Interface (UPI) transactions...
Ministry of Commerce and Industry notifies Amendment to SEZ Rules, specifies Processing and Non-Processing Areas [Read Notification]
The Central Government Ministry of Commerce and Industry has notified an amendment to the Special Economic Zone (SEZ) Rules by way of the Special Economic Zones (Fifth Amendment) Rules, 2023. ...
![NCLT dismisses CIRP Application aimed to avoid Income Tax Liability, slaps Rs 1 Lakh Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Penalty-CIRP-NCLT-penalty-taxscan.jpg "NCLT dismisses CIRP Application aimed to avoid Income Tax Liability, slaps Rs 1 Lakh Penalty [Read Order]")