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IRDAI enables Cashless Facility for COVID-19 Treatment [Read Circular]
The Insurance Regulatory Development Authority of India (IRDAI) has notified all General and Health Insurers (Except ECGC and AIC) to allow the...
Benefit of Section 35D once granted in initial year cannot be denied in Subsequent Years, rules ITAT [Read Order]
The Income Tax Appellate Tribunal ( ITAT ) ruled that the benefit of Section 35D of the Income Tax Act once granted in the initial year cannot be denied in subsequent years on an appeal against  Asian...
![Benefit of Section 35D once granted in initial year cannot be denied in Subsequent Years, rules ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/07/Section-35D-ITAT-Taxscan.jpg "Benefit of Section 35D once granted in initial year cannot be denied in Subsequent Years, rules ITAT [Read Order]")
Banking Company engaged in Supplying Services can avail an amount equal to 50% of eligible ITC: AAR [Read Order]
The Patna Authority of Advance Ruling (AAR) ruled that banking company engaged in supplying services by way of accepting deposits, extending loans or advances shall have the option to either comply...
![Banking Company engaged in Supplying Services can avail an amount equal to 50% of eligible ITC: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/07/AAR-supplying-services-Bank-Taxscan-1.jpg "Banking Company engaged in Supplying Services can avail an amount equal to 50% of eligible ITC: AAR [Read Order]")
![DGFT amends MEIS Schedule for Exports made with effect from Jan 1, 2020 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/07/DGFT-MEIS-Exports-Taxscan.jpg "DGFT amends MEIS Schedule for Exports made with effect from Jan 1, 2020 [Read Notification]")
Import of Blended edible Vegetable Oils without prior AGMARK Certification not allowed: CBIC [Read Circular]
The Central Board of Indirect Taxes and Customs (CBIC), on Friday, instructed that the import of blended edible vegetable oils without prior AGMARK certification is not allowed in India. The...
![Import of Blended edible Vegetable Oils without prior AGMARK Certification not allowed: CBIC [Read Circular]](https://www.taxscan.in/wp-content/uploads/2020/07/AGMARK.jpeg "Import of Blended edible Vegetable Oils without prior AGMARK Certification not allowed: CBIC [Read Circular]")
