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UDIN to be implemented in a Phased Manner: ICAI Chief
The President of the Institute of Chartered Accountants of India ( ICAI ), CA Naveen ND Gupta has said that the Unique Document Identification Number...
![CBIC simplifies GST Refund Procedure [Read Circular]](https://www.taxscan.in/wp-content/uploads/2018/04/Refund-CBIC-Taxscan.jpg "CBIC simplifies GST Refund Procedure [Read Circular]")
S. 56 not applicable in the absence of any Disproportionate Allotment of Shares to Existing Shareholders: ITAT [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) has recently held that a shareholder cannot be taxed under Section 56(2)(vii) of the Income-tax Act, 1961 when the shares are allotted to...
![S. 56 not applicable in the absence of any Disproportionate Allotment of Shares to Existing Shareholders: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/07/Wrong-Name-ITAT-Taxscan.jpg "S. 56 not applicable in the absence of any Disproportionate Allotment of Shares to Existing Shareholders: ITAT [Read Order]")
![Tamil Nadu Tax Dept to accept Audit Report Manually [Read Letter]](https://www.taxscan.in/wp-content/uploads/2018/01/Audit-Report-VAT-Taxscan.jpg "Tamil Nadu Tax Dept to accept Audit Report Manually [Read Letter]")
![NAA dismisses Profiteering Complaint against PEPS Mattress [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/12/pepps1.jpg "NAA dismisses Profiteering Complaint against PEPS Mattress [Read Order]")
