Cabinet approves proposal of SEBI to sign Bilateral MoU between India and Luxembourg
The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi has given its approval for the proposal of the Securities & Exchange Board of...
![DGFT directs Regional Authorities for Providing documents sought by Investigating Agencies like CBI, ED, DRI, etc. [Read Circular]](https://www.taxscan.in/wp-content/uploads/2020/12/Indirect-Taxes-DGFT-Regional-Authorities-investigating-agencies-CBI-ED-DRI-Taxscan.jpg "DGFT directs Regional Authorities for Providing documents sought by Investigating Agencies like CBI, ED, DRI, etc. [Read Circular]")
![GST: Allahabad HC upholds Provisional attachment of Bank Accounts and FDR as it was issued for protecting interest of Government revenue [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/GST-Allahabad-High-Court-Provisional-attachment-Bank-Accounts-FDR-protecting-interest-Government-revenue-Taxscan.jpg "GST: Allahabad HC upholds Provisional attachment of Bank Accounts and FDR as it was issued for protecting interest of Government revenue [Read Order]")
![GST: Allahabad High Court revokes Cancellation of Registration and criticises callous attitude of Dept. in exercising quasi-adjudicatory functions [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/GST-Allahabad-High-Court-Cancellation-of-Registration-callous-attitude-quasi-adjudicatory-functions-Taxscan.jpg "GST: Allahabad High Court revokes Cancellation of Registration and criticises callous attitude of Dept. in exercising quasi-adjudicatory functions [Read Order]")
Supreme Court transfers to itself a plea challenging Constitutional validity of Accounting Standards framed by ICAI [Read Order]
The Supreme Court transferred to itself the petitions pending before 3 High Courts namely Kerala, Madras and Calcutta High Courts challenging Constitutional validity of Accounting Standards framed by...
![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]")
![DFIA benefit available for Import clearance of Inshell Walnut: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/DFIA-benefit-Import-clearance-Inshell-Walnut-CESTAT-Taxscan.jpeg "DFIA benefit available for Import clearance of Inshell Walnut: CESTAT [Read Order]")
CBIC issues third-party invoicing in case of preferential CoO issued in terms of DFTP for “wholly obtained goods” [Read Circular]
The Central Board of Indirect Taxes and Customs (CBIC) issued Third Party Invoicing in case of Preferential Certificates of Origin (CoO) issued in terms of Duty-Free Tariff Preference Scheme for...
![CBIC issues third-party invoicing in case of preferential CoO issued in terms of DFTP for “wholly obtained goods” [Read Circular]](https://www.taxscan.in/wp-content/uploads/2020/12/CBIC-third-party-invoicing-CoO-DFTP-wholly-obtained-goods-Taxscan.jpg "CBIC issues third-party invoicing in case of preferential CoO issued in terms of DFTP for “wholly obtained goods” [Read Circular]")
PCIT can’t form another view on same issue if AO has already passed order: ITAT rules in favour of Bank of India [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench while ruling in favor of Bank of India held that Principal Commissioner of Income Tax (PCIT) cannot form another view on the same issue in which...
![PCIT can’t form another view on same issue if AO has already passed order: ITAT rules in favour of Bank of India [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/PCIT-AO-order-ITAT-Bank-of-India-Taxscan.jpeg "PCIT can’t form another view on same issue if AO has already passed order: ITAT rules in favour of Bank of India [Read Order]")
![Income Tax Department issues FAQs on UDIN [Read FAQs]](https://www.taxscan.in/wp-content/uploads/2020/12/Income-Tax-Department-FAQs-UDIN-Taxscan.jpeg "Income Tax Department issues FAQs on UDIN [Read FAQs]")
SEBI allows additional payment modes for Payment of Balance Money in Calls for Partly Paid Securities [Read Circular]
The Securities and Exchange Board of India (SEBI) has allowed additional payment modes including Application Supported by Blocked Amount (ASBA) for Payment of Balance Money in Calls for partly...
![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]")