No Harassment of Small Depositors of Demonetised High Value Notes: FM Arun Jaitley
Process of Tax Reforms will continue and pending GST issues will be resolved soon: FM Arun Jaitley Finance Minister Shri Arun Jaitley inaugurates...
![Madras HC invalidates the GO refusing to revise the Cinema Ticket Prices [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/11/Cinema-Ticket.jpg "Madras HC invalidates the GO refusing to revise the Cinema Ticket Prices [Read Judgment]")
CBDT signs 5 Unilateral Advance Pricing Agreements with Indian Taxpayers raising the total number of APAs to 108
The Central Board of Direct Taxes (CBDT), Department of Revenue, Ministry of Finance entered into five (5) Unilateral Advance Pricing Agreements (APAs) today, i.e., 27th October, 2016 with Indian...
It is the Sufficiency of Reasons, not the Length of Delay matters while considering a Delay Condonation Petition: ITAT Ahmedabad [Read Order]
The ITAT, Ahmedabad bench, in a recent decision, ruled that the authorities should take a liberal approach while condoning delay in filing appeals. In the opinion of the single member, While...
![It is the Sufficiency of Reasons, not the Length of Delay matters while considering a Delay Condonation Petition: ITAT Ahmedabad [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Kolkata-TaxScan.jpg "It is the Sufficiency of Reasons, not the Length of Delay matters while considering a Delay Condonation Petition: ITAT Ahmedabad [Read Order]")
Cross-Examination should be Allowed to the Assessee when the Assessment is Solely based on the Evidence from Third Party: Madras HC [Read Judgment]
Recently, the Single bench of the Madras High Court held that the assessee should be granted with an opportunity to cross-examine the third party when the assessment under the provisions of Tamil Nadu...
Notice u/s 158BC cannot be issued If No Incriminating Material Found during the Search: Bombay HC [Read Judgment]
In a recent ruling, the division bench of the Bombay High Court held that discovering an incriminatory material during the search is a mandatory requirement to initiate proceedings against the...
![Notice u/s 158BC cannot be issued If No Incriminating Material Found during the Search: Bombay HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/06/Bombay-High-Court-2-Tax-Scan.jpg "Notice u/s 158BC cannot be issued If No Incriminating Material Found during the Search: Bombay HC [Read Judgment]")
Prosecution of Offences relating to Gold items under the Customs Act to be launched immediately after issuance of SCN: CBEC [Read Circular]
The Central Board of Excise & Customs (CBEC) has recently issued a circular directing its officials regarding launching of prosecution in relation to offences including gold items punishable under...
TDS provisions are not applicable in case of lump sum lease premium paid for acquisition of long-term lease: CBDT [Read Circular]
In a recent Circular, the Central board of Direct Taxes (CBDT) has clarified that TDS provisions under section 194I of the Income Tax Act, 1961 is not applicable in case of lump sum lease premium paid...
![TDS provisions are not applicable in case of lump sum lease premium paid for acquisition of long-term lease: CBDT [Read Circular]](https://www.taxscan.in/wp-content/uploads/2016/09/Tax-dedution-at-source-TDS-Tax-Scan.jpg "TDS provisions are not applicable in case of lump sum lease premium paid for acquisition of long-term lease: CBDT [Read Circular]")
