![MCA issues clarification on Gap between Two Board Meetings [Read Circular]](https://www.taxscan.in/wp-content/uploads/2021/05/MCA-board-meetings-section-173-of-the-Companies-Act-2013-Taxscan.jpeg "MCA issues clarification on Gap between Two Board Meetings [Read Circular]")
MCA issues clarification on Gap between Two Board Meetings [Read Circular]
The Ministry of Corporate Affairs (MCA) issued the clarification on Gap between two board meetings under section 173 of the Companies Act, 2013. ...
![CBIC notifies Ad hoc Exemption from IGST on Imports of specified COVID-19 relief material Donated from Abroad [Read Circular]](https://www.taxscan.in/wp-content/uploads/2021/05/CBIC-Ad-hoc-Exemption-IGST-COVID-19-relief-material-donated-from-abroad-Taxscan.jpeg "CBIC notifies Ad hoc Exemption from IGST on Imports of specified COVID-19 relief material Donated from Abroad [Read Circular]")
![No Custom Duty is applicable on LCD modules imported by the Continental Automative Components: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/05/Custom-Duty-LCD-modules-imported-Continental-Automative-Components-CESTAT-Taxscan.jpeg "No Custom Duty is applicable on LCD modules imported by the Continental Automative Components: CESTAT [Read Order]")
Banking industry necessarily needs to have Robust and Transparent Mechanisms of Zero Tolerance of Abuse of Power: ITAT suggests for Tax Advisory Cell
The Income Tax Appellate Tribunal (ITAT), Chandigarh Bench while suggesting for the Tax Advisory Cell said that the banking industry necessarily needs to have robust and transparent mechanisms of...
Agreement between Central Trade Unions and Coal Department can’t override Income Tax Act: ITAT confirms Addition as Taxable Fringe Benefits towards Employees' Welfare
The Income Tax Appellate Tribunal (ITAT), Hyderabad Bench while confirming the addition as taxable Fringe Benefits towards employees' welfare ruled that the agreement between Central Trade...
![Disallowances purely without any tangible material shall be Invalid: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/05/Disallowances-tangible-material-ITAT-taxscan.jpeg "Disallowances purely without any tangible material shall be Invalid: ITAT [Read Order]")
Legislators never intended to beeline Tax Authorities before NCLT to Recover Tax dues If proceedings initiated against Corporate Debtor: Madras HC on effect of 2019 IBC Amendment
The Madras High Court while commenting on the effect of 2019 Insolvency and Bankruptcy Code, 2016 (IBC) amendment said that Legislators never intended to beeline Tax authorities before the...
GST Evasion: Gujarat HC grants bail to Kingpin of racket involving 13 fictitious firms leading to evasion worth Rs.6.31 cr [Read Order]
The Gujarat High Court granted bail to the Kingpin of a racket involving 13 fictitious firms leading to evasion worth Rs.6.31 cores. Mr. Tejas M.Barot, the Counsel appearing for the applicant,...
![GST Evasion: Gujarat HC grants bail to Kingpin of racket involving 13 fictitious firms leading to evasion worth Rs.6.31 cr [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/05/GST-Evasion-Gujarat-HC-Kingpin-of-racket-Taxscan.jpg "GST Evasion: Gujarat HC grants bail to Kingpin of racket involving 13 fictitious firms leading to evasion worth Rs.6.31 cr [Read Order]")
ICAI waives off Condonation Fees due to late filing of application of Form 18 related to Members and Firms amidst COVID-19
The Institute of Chartered Accountants of India ( ICAI ) has waived off Condonation Fees due to late filing of application Form 18 related to Members and Firms amidst COVID-19 Pandemic till 30th July...
Booking Rights or Rights to Purchase Apartment or Rights to obtain Title to Apartment is 'Transfer' to impose Capital Gain: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench held that the Booking Rights or Rights to Purchase Apartment or Rights to obtain title to the Apartment are “Transfer” to impose Capital Gain. ...
![Booking Rights or Rights to Purchase Apartment or Rights to obtain Title to Apartment is Transfer to impose Capital Gain: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/05/Booking-Rights-Rights-to-Purchase-Apartment-Apartment-Capital-Gain-ITAT-Taxscan.jpeg "Booking Rights or Rights to Purchase Apartment or Rights to obtain Title to Apartment is Transfer to impose Capital Gain: ITAT [Read Order]")