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Kerala HC dismisses Property Tax Exemption Plea of Self-Financing Colleges [Read Judgment]

The Kerala High Court dismissed the plea of self-financing colleges seeking property tax exemption. The petition was dismissed while jointly considering fourteen petitions file by self-financing...

sale of property - GPA - Property Tax - ITAT
Taxscan Team

GST applicable on Delayed Payment by Share Broker from Customers for Trading in Securities: AAR [Read Order]

The Authority of Advance Ruling (AAR) in Karnataka has ruled that, Goods and Services Tax ( GST ) is applicable on delayed payment by Share Broker from Customers for Trading in Securities. The present...

GST applicable on Delayed Payment by Share Broker from Customers for Trading in Securities: AAR [Read Order]
Taxscan Team

Parliament clears Bill to Ban E-Cigarettes [Read Bill]

The Lok Sabha and Rajya Sabha has passed a bill to ban E-Cigarettes, i.e, The Prohibition of Electronic Cigarettes (Production, Manufacture, Import, Export, Transport, Sale, Distribution, Storage and...

E-Cigarettes - Taxscan
Taxscan Team

Lok Sabha passes The Taxation Laws (Amendment) Bill, 2019 [Read Bill]

The Lower House of the Parliament, Lok Sabha today passed the Taxations Laws (Amendment) Bill, 2019. Economic developments after the enactment of the Finance (No. 2) Act, 2019 (Finance Act) along...

Lok Sabha passes The Taxation Laws (Amendment) Bill, 2019 [Read Bill]
Taxscan Team

Govt to set up NCLAT Bench in Chennai

In pursuance of the judgement of Hon’ble Supreme Court, the Government has decided to set up a bench of National Company Law Appellate Tribunal ( NCLAT ) at Chennai. This was stated by Shri Anurag...

Govt to set up NCLAT Bench in Chennai
Taxscan Team

MCA files 11,082 Prosecutions for Non-Filling of Statement of Accounts by Companies

As per the provisions of the Companies Act, prosecutions are filed by the Ministry of Corporate Affairs (MCA) through Registrar of Companies against such companies which have not filed Financial...

MCA files 11,082 Prosecutions for Non-Filling of Statement of Accounts by Companies
Taxscan Team

Denial of Benefit of ITC to Buyers would Amount to Profiteering: NAA [Read Order]

In this case, the National Anti-Profiteering Authority (NAA) held that Respondent had not passed on the benefit of ITC to him by way of commensurate reduction in price under section 171 of Central...

Denial of Benefit of ITC to Buyers would Amount to Profiteering: NAA [Read Order]
Taxscan Team

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