Loksabha passes Taxation Laws (Amendment) Bill, 2016
The Taxation Laws (Amendment) Bill, 2016 has been passed by the Loksabha on Wednesday. The bill seeks to provide income tax reliefs to employees of...
![Government exempts TDS deduction on MUDRA Income [Read Notification]](https://www.taxscan.in/wp-content/uploads/2016/06/Central-Board-of-Direct-Taxes-CBDT-Tax-Scan.jpg "Government exempts TDS deduction on MUDRA Income [Read Notification]")
Madras HC invalidates Sales Tax dept's Attachment Order against the property purchased from assesee in goodfaith [Read Order]
The single bench of Madras High Court in a recent decision set aside the attachment order passed by the Commercial Tax Officer against the property which was subsequently purchased by the purchaser in...
Mere failure to produce documents cannot constitute a sufficient ground to take any coercive actions under DVAT Act: Delhi HC
While disposing a petition filed by Verma Roadways, the division of Delhi High Court held that, Mere failure to produce documents cannot constitute a sufficient ground to take any of the coercive...
CBEC notifies exchange rate of Foreign Currency relating to Imported & Export Goods [Read Notification]
The Central Board of Excise and Customs (CBEC) has notified exchange rate of Foreign currency relating to Imported and export goods. In a notification issued today the CBEC determined the rate of...
Delhi HC lambasts Customs department for not obeying Court orders; Imposes cost of ₹10k [Read Order]
The division bench of Delhi High Court yesterday criticized Customs department for disobeying court orders. The Court further set aside the order of the Department rejecting the refund claim of the...
