DGFT issues Trade Notice for Migration of AA/EPCG/DFIA Online modules to the new IT environment from Dec 01, 2020
The DGFT issues Trade Notice for Migration(DGFT) notified the trade notice for Migration of AA/EPCG/DFIA Online modules to the new IT environment...
![RBI notifies Discontinuation of Returns/Reports under Foreign Exchange Management Act, 1999 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/11/RBI-Discontinuation-of-Returns-Foreign-Exchange-Management-Act-Taxscan.jpg "RBI notifies Discontinuation of Returns/Reports under Foreign Exchange Management Act, 1999 [Read Notification]")
![Rule 6 (3) of the CCR, 2004 can’t be invoked when Goods supplied under SFIS Scheme were dutiable and not exempted goods: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/11/CCR-SFIS-Scheme-dutiable-exempted-goods-CESTAT-Taxscan.jpg "Rule 6 (3) of the CCR, 2004 can’t be invoked when Goods supplied under SFIS Scheme were dutiable and not exempted goods: CESTAT [Read Order]")
![Power of Revision by CIT(A) can’t be invoked if order passed by AO is not erroneous & prejudicial to interests of the revenue: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/11/Power-of-Revision-CITA-AO-revenue-ITAT-Taxscan.jpg "Power of Revision by CIT(A) can’t be invoked if order passed by AO is not erroneous & prejudicial to interests of the revenue: ITAT [Read Order]")
Assessing Officer can’t go beyond the directions of CIT even though it is open for him to examine any item: Madras High Court [Read Judgment]
The Madras High Court held that the assessing officer cannot go beyond the directions of the Commissioner of Income-tax (CIT), even though during the course of fresh assessment proceedings, it is...
![Assessing Officer can’t go beyond the directions of CIT even though it is open for him to examine any item: Madras High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/11/Assessing-Officer-CIT-Madras-High-Court-Taxscan.jpg "Assessing Officer can’t go beyond the directions of CIT even though it is open for him to examine any item: Madras High Court [Read Judgment]")
Finance Ministry extends last date for filing applications under SVLDR Scheme for UT of Jammu & Kashmir and Ladakh
In a major decision to help the trade and industry in the newly formed Union Territory (UT) of Jammu & Kashmir and UT of Ladakh, the Central Government has decided to extend the period for...
GST: Gujarat High Court directs Authority to release the Goods and vehicle after obtaining a bond of INR 11.73 Lakhs [Read Order]
The Gujarat High Court directed the authority to release the goods and vehicles after obtaining a bond of INR 11.73 Lakhs. The writ applicant, Majid Bilalbhai Akbani is a proprietor of M/s...
![GST: Gujarat High Court directs Authority to release the Goods and vehicle after obtaining a bond of INR 11.73 Lakhs [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/11/Gujarat-High-Court-goods-vehicle-bond-Taxscan.jpeg "GST: Gujarat High Court directs Authority to release the Goods and vehicle after obtaining a bond of INR 11.73 Lakhs [Read Order]")
IFSC Authority approves the International Financial Services Centres Authority (Banking) Regulations, 2020
A meeting of the International Financial Services Centres Authority (IFSCA) was held today. The IFSC Authority, after detailed deliberations, approved the International Financial Services Centres...
India has Moved from Tax-Terrorism to Tax-Transparency: PM inaugurates Office-cum-Residential Complex of Cuttack Bench of ITAT
Prime Minister Shri Narendra Modi inaugurated Office-cum-Residential Complex of Cuttack Bench of Income Tax Appellate Tribunal(ITAT) through video conference today. Speaking on the occasion, the...
