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CIRP Regulations - Taxscan

IBBI notifies the IBBI (Information Utilities) (Amendment) Regulations, 2017 [Read Notification]

Taxscan Team
Govt to Ease Norms for Small Traders under GST, may Defer RCM

Govt to Ease Norms for Small Traders under GST, may Defer RCM

Taxscan Team
22nd GST Council Meet Tomorrow

22nd GST Council Meet Tomorrow

Taxscan Team
PM addresses Company Secretaries at the inauguration of the Golden Jubilee Year of ICSI

PM addresses Company Secretaries at the inauguration of the Golden Jubilee Year of ICSI

Taxscan Team

CBDT Warns IT Officials for Using State Emblem on Official Vehicles

In an urgent missive to all the department officials, the Central Board of Direct Taxes (CBDT) warned that actions will be taken against the officials for using State Emblem of India on their official...

PAN - CBDT - Taxscan
Taxscan Team

CBEC clarifies issues related to Furnishing of Bond/Letter of Undertaking for Exports [Read Circular]

Following the Notification permitting all exporters to furnish Letter of Undertaking instead of Bond under the new GST regime, the Central Board of Excise and Customs (CBEC), today clarified certain...

CBEC clarifies issues related to Furnishing of Bond/Letter of Undertaking for Exports [Read Circular]
Taxscan Team

Price of Excisable Goods shown in Website is for Tax Calculation Only: FTA clarifies Issues on Price-setting under UAE Excise Tax

Following the rollout of excise tax law from 1st October 2017, the Federal Tax Authority has clarified that the price of excisable goods downloadable from its website is a reference for tax...

UAE Excise
Taxscan Team

ITAT disallows Married Lady’s Claim to Exempt Sale Consideration of Gold received as Meher, Grants partial relief following CBDT Circular

Following a CBDT circular regarding non-seizure of gold upto 500 gms possessed by a married woman, the ITAT Mumbai granted partial relief to assessee, a lady by exempting the sale consideration of 500...

ITAT disallows Married Lady’s Claim to Exempt Sale Consideration of Gold received as Meher, Grants partial relief following CBDT Circular
Taxscan Team

Govt reduces Excise Duty Rate on Petrol and Diesel [Read Notification]

The Government of India has decided to reduce the Basic Excise Duty rate on Petrol and Diesel [both branded and unbranded] by Rs. 2 per litre with effect from 4th October, 2017. This decision has...

Petroleum
Taxscan Team

CBEC prescribes Jurisdiction of Officers for Customs Appeals [Read Notification]

The Central Board of Excise and Customs (CBEC) on Friday issued notification defining jurisdiction of customs officers for the purpose of appeals under the Customs Act, 1962 which is applicable from...

Bagasse - CBEC - Taxscan
Taxscan Team

Sale Agreement between Son and Father is Valid: ITAT Hyderabad Quashes Assessment [Read Order]

In a significant ruling, the ITAT, Hyderabad bench held that a sale agreement between son and father cannot be deemed as invalid as long as both the parties are competent to enter into a contract. In...

Sale Agreement between Son and Father is Valid: ITAT Hyderabad Quashes Assessment [Read Order]
Taxscan Team

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