Maharashtra Assembly passes SGST Bill 2017
The Maharashtra State Legislative Assembly yesterday unanimously passed the State Goods and Services Tax (SGST) Bill in a special session. The...
Sec 50C containing Special Provisions for Determining Full Value of Consideration is applies to Depreciable Assets: ITAT
In a significant ruling, the Mumbai bench of the ITAT held that Section 50C of the Income Tax Act which provides for special provisions for determining full value of consideration is applies to...
Cabinet approves Agreement between India and Tajikistan on Cooperation and Mutual Assistance in Customs Matters
The Union Cabinet chaired by the Prime Minister Narendra Modi has given its approval for signing and ratifying, an Agreement between India and Tajikistan on Cooperation and Mutual Assistance in...
Cabinet nod on signing of Multilateral Convention to Implement Tax Treaty to Prevent Base Erosion and Profit Shifting by India
The Union Cabinet chaired by the Prime Minister Narendra Modi has given its approval for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit...
FM Arun Jaitley launches Operation Clean Money Portal: 5.68L new cases identified for E-Verification process
Will enable citizen engagement for creating a tax compliant society and transparent tax administration, says Jaitley Operation Clean Money Phase I: 18 lakh persons identified; More than 9.72 lakh...
Registration u/s 12A cannot be denied to a Trust merely on Ground of Collection of Fee: ITAT Kolkata [Read Order]
In Gyaan Vikas Foundation v. CIT (Exemptions), the division bench of the ITAT, Kolkata held that registration under section 12A of the Income Tax Act cannot be denied to a Trust merely on the ground...
![Registration u/s 12A cannot be denied to a Trust merely on Ground of Collection of Fee: ITAT Kolkata [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Chandigarh-Taxscan.jpg "Registration u/s 12A cannot be denied to a Trust merely on Ground of Collection of Fee: ITAT Kolkata [Read Order]")
![Due Date for Filing DVAT Return Extended to May 30 [Read Circular]](https://www.taxscan.in/wp-content/uploads/2017/04/Income-Tax-Return-Taxscan.jpg "Due Date for Filing DVAT Return Extended to May 30 [Read Circular]")