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ICAI announces Advanced Integrated Course on IT and Soft Skills
The Institute of Chartered Accountants of India (ICAI) has decided to conduct Advanced Integrated Course on Information and Soft Skills (Advanced...
![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]")
DGAP incorrectly computed Profiteered Amount by Comparing Average to Average Base Price: NAA directs to Revise Mathematical Methodology
The National Anti-Profiteering (NAA) directed the Director-General of Anti-Profiteering(DGAP) to revise the mathematical method for computing the profiteered amount by the respondent. The Applicant,...
