Income Tax Department carries out searches in Delhi, NCR, and Haryana
The Income Tax Department has carried out a search and seizure action on 14.10.2020 in the case of a leading advocate practicing in the field of...
![ITAT imposes Penalty for failure to maintain Transfer Pricing Documents [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/10/ITAT-Penalty-failure-maintain-Transfer-Pricing-Documents-taxscan.jpg "ITAT imposes Penalty for failure to maintain Transfer Pricing Documents [Read Order]")
![DGFT notifies Procedure for Application and Issuance of Script under Scheme for RoSL [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/10/DGFT-procedure-application-issuance-Script-Scheme-RoSL-customs-taxscan.jpg "DGFT notifies Procedure for Application and Issuance of Script under Scheme for RoSL [Read Notification]")
![Cost allocation of International Freight Logistic Support Services and Reimbursement of GAM Expenses can’t be treated as Technical Services / FIS: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/10/Cost-allocation-International-Freight-Logistic-Support-Services-Reimbursement-GAM-Expenses-Technical-Services-FIS-ITAT-Taxscan.jpg "Cost allocation of International Freight Logistic Support Services and Reimbursement of GAM Expenses can’t be treated as Technical Services / FIS: ITAT [Read Order]")
Rajasthan Tax Board correctly found lack of jurisdiction in AO as to non-applicability of RVAT Act, 2003 to RIPS, 2003: Rajasthan HC [Read Order]
The Rajasthan High Court held that the findings arrived at by the Rajasthan Tax Board pertaining to lack of jurisdiction in the assessing officer on account of non-applicability of provisions of...
![Rajasthan Tax Board correctly found lack of jurisdiction in AO as to non-applicability of RVAT Act, 2003 to RIPS, 2003: Rajasthan HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/10/Rajasthan-Tax-Board-jurisdiction-AO-RVAT-Act-RIPS-Rajasthan-High-Court-Taxscan.jpg "Rajasthan Tax Board correctly found lack of jurisdiction in AO as to non-applicability of RVAT Act, 2003 to RIPS, 2003: Rajasthan HC [Read Order]")
DGFT issues Trade Notice for Electronic filing and Issuance of Preferential CoO for India’s Exports [Read Circular]
The Director General of Foreign Trade (DGFT) issued Trade Notice for Electronic filing and Issuance of Preferential Certificate of Origin (CoO) for India’s Exports under GSP, GSTP, India-Malaysia...
![DGFT issues Trade Notice for Electronic filing and Issuance of Preferential CoO for India’s Exports [Read Circular]](https://www.taxscan.in/wp-content/uploads/2020/10/DGFT-Trade-Notice-Electronic-filing-Issuance-Preferential-CoO-Indias-Exports-Taxscan.jpg "DGFT issues Trade Notice for Electronic filing and Issuance of Preferential CoO for India’s Exports [Read Circular]")
Income received for Sale of specialized Software and Maintenance and Support Services is not ‘Royalty’ as per India-Finland Tax Treaty: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench held that the Income received for sale of specialized software and maintenance and support services is not “Royalty” as per India-Finland Tax...
![Income received for Sale of specialized Software and Maintenance and Support Services is not ‘Royalty’ as per India-Finland Tax Treaty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/10/Income-Sale-specialized-Software-Maintenance-Support-Services-Royalty-India-Finland-Tax-Treaty-ITAT-Taxscan.jpg "Income received for Sale of specialized Software and Maintenance and Support Services is not ‘Royalty’ as per India-Finland Tax Treaty: ITAT [Read Order]")
Central Govt. announces LTC cash voucher scheme to stimulate consumer spending to boost economy during COVID-19
The Finance Minister Nirmala Sitharaman on Monday announced the Leave Travel Concession (LTC) Cash Voucher Scheme to stimulate consumer spending among other stimulus measures to boost the economy...
Procedure for submission of financial information u/s 215 of the IBC, 2016 is not mandatory: Calcutta High Court [Read Judgment]
The Calcutta High Court held that the procedure for submission of financial information under Section 215 of the Insolvency and Bankruptcy Code (IBC), 2016 is not mandatory. By the virtue of being...
![Procedure for submission of financial information u/s 215 of the IBC, 2016 is not mandatory: Calcutta High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/10/Calcutta-High-Court-financial-information-submission-financial-information-Taxscan.jpg "Procedure for submission of financial information u/s 215 of the IBC, 2016 is not mandatory: Calcutta High Court [Read Judgment]")