![CBDT condones of Delay in the filing of Form 10BB by Trusts and institutions [Read Circular]](https://www.taxscan.in/wp-content/uploads/2020/11/CBDT-condones-Delay-filing-Form-10BB-Trusts-and-institutions-Taxscan.jpg "CBDT condones of Delay in the filing of Form 10BB by Trusts and institutions [Read Circular]")
CBDT condones of Delay in the filing of Form 10BB by Trusts and institutions [Read Circular]
The Central Board of Direct Taxes (CBDT) granted condonation of delay in filing of Form 10BB by Trusts and Institutions like educational and medical...
![Non-filing of intimation under Rule 6 of CCR is only procedural and assessee can’t be forced to pay 7% of the value of Exempted Services: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/11/Non-filing-intimation-CCR-assessee-exempted-services-CESTAT.jpg "Non-filing of intimation under Rule 6 of CCR is only procedural and assessee can’t be forced to pay 7% of the value of Exempted Services: CESTAT [Read Order]")
![Central Govt. specifies the MIC Redwood 1 RSC Limited as Sovereign Wealth Fund for Abu Dhabi [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/11/Central-Government-MIC-Redwood-RSC-Limited-sovereign-wealth-fund-Abu-Dhabi-taxscan.jpeg "Central Govt. specifies the MIC Redwood 1 RSC Limited as Sovereign Wealth Fund for Abu Dhabi [Read Notification]")
Central Govt releases Rs 6,000 cr as second tranche to 16 states and 3 UTs on account of GST Compensation under Special Borrowing Window
The Ministry of Finance, Government of India, under its “Special Window to States for meeting the GST Compensation Cess shortfall,” will be releasing an amount of Rs 6000 crore as second...
Deduction can be claimed under R&D for Amount incurred towards development on a mechanism to produce customised products: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench held that the deduction can be claimed under Research and Development (R&D) for Amount incurred towards development on a mechanism to...
![Deduction can be claimed under R&D for Amount incurred towards development on a mechanism to produce customised products: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/11/Deduction-ITAT-RD-claimed-customised-products-Taxscan.jpg "Deduction can be claimed under R&D for Amount incurred towards development on a mechanism to produce customised products: ITAT [Read Order]")
More than 495 Lakh E-Invoices generated on NIC portal by 27,400 Taxpayers within the first month of introduction, says Govt.
Path breaking e-invoice initiative which completed one month on the 31st October, is poised to revolutionize the way businesses interact with each other. According to NIC, within the first month...
![IBBI directs all Insolvency Professionals to Serve copy of the application [Read Circular]](https://www.taxscan.in/wp-content/uploads/2020/11/IBBI-Insolvency-Professionals-Serve-copy-application-Taxscan.jpg "IBBI directs all Insolvency Professionals to Serve copy of the application [Read Circular]")
DGFT issues trade notice for Linking/Registration of IECs in the new revamped DGFT Online environment [Read Circular]
The Director-General of Foreign Trade (DGFT) issued the trade notice for linking or registration of Importer Exporter CodeS (IECs) in the new revamped DGFT Online environment. The DGFT said that...
![DGFT issues trade notice for Linking/Registration of IECs in the new revamped DGFT Online environment [Read Circular]](https://www.taxscan.in/wp-content/uploads/2020/10/DGFT-DGFT-Online-Environment-IECs-Registration-for-IECs-Taxscan.jpg "DGFT issues trade notice for Linking/Registration of IECs in the new revamped DGFT Online environment [Read Circular]")