6th Instalment of Rs.6,000 crore released to the States as back to back loan to meet the GST compensation shortfall, says Finance Ministry
The Ministry of Finance has released the weekly instalment of Rs. 6,000 crore to the States to meet the GST compensation shortfall. Out of...
![Karnataka High Court discharges Income Tax Assessee from the allegations of Corruption [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/Karnataka-High-Court-Income-Tax-Assessee-allegations-of-Corruption-Taxscan.jpg "Karnataka High Court discharges Income Tax Assessee from the allegations of Corruption [Read Order]")
![SEBI allows additional payment modes for Payment of Balance Money in Calls for Partly Paid Securities [Read Circular]](https://www.taxscan.in/wp-content/uploads/2020/12/SEBI-additional-payment-modes-Payment-of-Balance-Money-in-Calls-Partly-Paid-Securities-Taxscan.jpeg "SEBI allows additional payment modes for Payment of Balance Money in Calls for Partly Paid Securities [Read Circular]")
![Mixed questions of facts and law ought to be filed before the first Appellate Authority and thereafter before Tribunal in Second Appeal: Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/Mixed-questions-of-facts-law-Appellate-Authority-Second-Appeal-Madras-High-Court-Taxscan.jpeg "Mixed questions of facts and law ought to be filed before the first Appellate Authority and thereafter before Tribunal in Second Appeal: Madras HC [Read Order]")
Himachal Pradesh State Tax and Excise Dept. clarifies Issues relating to HP (Legacy Cases Resolution) Scheme, 2019 [Read Circular]
The Himachal Pradesh State Tax and Excise notified the clarifications on HP (Legacy Cases Resolution) Scheme, 2019. The department clarified that no fee is chargeable in case of assessment...
![Himachal Pradesh State Tax and Excise Dept. clarifies Issues relating to HP (Legacy Cases Resolution) Scheme, 2019 [Read Circular]](https://www.taxscan.in/wp-content/uploads/2020/12/Himachal-Pradesh-State-Tax-and-Excise-HP-Legacy-Cases-Resolution-Scheme-Taxscan.jpeg "Himachal Pradesh State Tax and Excise Dept. clarifies Issues relating to HP (Legacy Cases Resolution) Scheme, 2019 [Read Circular]")
Finance Ministry notifies Foreign Exchange Management (Non- debt Instruments) (Fourth Amendment) Rules, 2020 [Read Notification]
The Ministry of Finance has notified the Foreign Exchange Management (Non- debt Instruments) (Fourth Amendment) Rules, 2020, which seeks to amend Foreign Exchange Management (Non-debt Instruments)...
![Finance Ministry notifies Foreign Exchange Management (Non- debt Instruments) (Fourth Amendment) Rules, 2020 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/12/Finance-Ministry-Foreign-Exchange-Management-Non-debt-Instruments-Fourth-Amendment-Rules-Taxscan.jpg "Finance Ministry notifies Foreign Exchange Management (Non- debt Instruments) (Fourth Amendment) Rules, 2020 [Read Notification]")
No GST applicable on the amount credited to H.P. Tourism Development Board by Govt. of H.P., as grant in aid or financial assistance: AAR [Read Order]
The Himachal Pradesh Authority of Advance Ruling (AAR) held that no GST applicable on the amount credited to H.P. Tourism Development Board by Govt. of H.P., as grants in aid or financial assistance....
![No GST applicable on the amount credited to H.P. Tourism Development Board by Govt. of H.P., as grant in aid or financial assistance: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/GST-H.P.-Tourism-Development-Board-Govt.-of-H.P-financial-assistance-AAR-Himachal-Pradesh-AAR-Taxscan.jpg "No GST applicable on the amount credited to H.P. Tourism Development Board by Govt. of H.P., as grant in aid or financial assistance: AAR [Read Order]")
Madras High Court directs Customs Dept. to Refund of EDD amount within 4 weeks with 6% Interest Rate [Read Order]
The Madras High Court directed the custom department to refund the Extra Duty Deposit (EDD) amount within 4 weeks with 6% interest rate. The Customs Department has filed this Writ Appeal aggrieved...
![Madras High Court directs Customs Dept. to Refund of EDD amount within 4 weeks with 6% Interest Rate [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/Madras-High-Court-Customs-Dept-refund-of-EDD-amount-interest-rate-EDD-Taxscan.jpg "Madras High Court directs Customs Dept. to Refund of EDD amount within 4 weeks with 6% Interest Rate [Read Order]")
GST Evasion: Rajasthan High Court grants Bail to person accused of creating fictitious firms and committed fraud to tune of Rs. 22 Cr [Read Order]
The Rajasthan High Court granted the bail to a person accused of creating fictitious firms and committed fraud to the tune of Rs. 22 Crores. The petitioner, Aditya Gupta was in custody since June...
![GST Evasion: Rajasthan High Court grants Bail to person accused of creating fictitious firms and committed fraud to tune of Rs. 22 Cr [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/GST-Evasion-Rajasthan-High-Court-Bail-fictitious-firms-fraud-Taxscan.jpg "GST Evasion: Rajasthan High Court grants Bail to person accused of creating fictitious firms and committed fraud to tune of Rs. 22 Cr [Read Order]")