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Demonetisation has Helped Share of Financial Saving Rise, Says Economic Survey
The Economic Survey 2017-18 revealed that demonetisation in 2016, which scrapped the Rs. 1000 and Rs. 500 notes, has helped share of Financial Saving...
![Govt Notifies Tax Exemption to Scientific Research Association [Read Notification]](https://www.taxscan.in/wp-content/uploads/2016/08/Tax-Exemptions-Tax-Scan.jpg "Govt Notifies Tax Exemption to Scientific Research Association [Read Notification]")
![Depreciable Assets held for more than 36 months do not lose its Character of being a Long Term Capital Asset even though Sec 50 is applied: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/07/Capital-Gain-Tax-Taxscan.jpg "Depreciable Assets held for more than 36 months do not lose its Character of being a Long Term Capital Asset even though Sec 50 is applied: ITAT [Read Order]")
![5% GST on Supply of Goods classified under Chapter 86 to Railways: General Tax Rate Applicable to Other Goods, says CBEC [Read Circular]](https://www.taxscan.in/wp-content/uploads/2018/01/Railways-GST-Taxscan.jpg "5% GST on Supply of Goods classified under Chapter 86 to Railways: General Tax Rate Applicable to Other Goods, says CBEC [Read Circular]")
![Govt Notifies Change of GST rates on Goods recommended by GST Council [Read Notification]](https://www.taxscan.in/wp-content/uploads/2018/01/GST-Rate.jpg "Govt Notifies Change of GST rates on Goods recommended by GST Council [Read Notification]")
![Govt Notifies Change of GST rates on Services recommended by GST Council [Read Notification]](https://www.taxscan.in/wp-content/uploads/2017/05/Legal-Services-GST.jpg "Govt Notifies Change of GST rates on Services recommended by GST Council [Read Notification]")
GST: RCM applicable to Service of Renting of Immovable Property by Govt to Registered Persons [Read Notification]
The Central Government today notified that the supply of service of immovable property by the the Central Government, State Government, Union territory or local authority by way of renting of...
![GST: RCM applicable to Service of Renting of Immovable Property by Govt to Registered Persons [Read Notification]](https://www.taxscan.in/wp-content/uploads/2017/06/Reverse-Charge-Mechanism.jpg "GST: RCM applicable to Service of Renting of Immovable Property by Govt to Registered Persons [Read Notification]")
Loan from Closely held Company to pay Salary is ‘Commercial Transaction’ for the purpose of ‘Deemed Dividend’: ITAT [Read Order]
The Hyderabad bench of ITAT recently declared that any loan taken from the closely held company to discharge the payment of salary is ‘commercial transaction’ for the purpose of ‘Deemed Dividend’...
![Loan from Closely held Company to pay Salary is ‘Commercial Transaction’ for the purpose of ‘Deemed Dividend’: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/Commercial-Transaction-Loan-Taxscan.jpg "Loan from Closely held Company to pay Salary is ‘Commercial Transaction’ for the purpose of ‘Deemed Dividend’: ITAT [Read Order]")
