Unlimited Funding and 100% Income Tax Exemption: Know Political Parties’ Tax Contribution to India
Indeed, political parties have been receiving Unlimited funds, a term that implies ‘boundless’. The introduction of Electoral bonds six years ago facilitated this influx of "unlimited funds" into political coffers. Contrary to expectations, these sums
CESTAT Weekly Round Up
This weekly round-up analytically summarizes the key stories of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) reported at taxscan.in, from May 4, 2024 to May 10, 2024 CESTAT allows Refund of Service Tax
Service Tax Leviable by Recipient in India for Service Received from Abroad After Enactment of Section 66A of Finance Act: CESTAT [Read Order]
The Kolkata bench of the Customs, Excise & Service Tax Appellate Tribunal ( CESTAT ) has held that the recipient in India is liable to service tax for the service received from abroad only from
CA, MBA, CMA Vacancy in Deloitte
The Deloitte invited applications for the post Tax-Senior Manager-BPS. Qualification CA / MBA / ICWA(CMA) with 7-10 years of working experience in a Financial Accounting role in a large organization Strong Technical knowledge Proficient with
Pharma Cos may get Relief from Inverted Duty Structure: GST Council likely to take up Issue after Lok Sabha Election Results
The Indian pharmaceutical industry, a global leader in generics and vaccines, might be breathing a sigh of relief soon. According to reliable sources confirmed by ET NOW, the Goods and Services Tax ( GST )
CA,MBA Vacancy in Phonepe
The Phonepe invited applications for the post Senior Manager - Corporate Finance. Qualification CA (preferably an MBA as well) from premier institute Experience in the financial sector with previous roles such as financial analyst (not mandatory),
CA Vacancy in HP
The HP invited applications for the post Accounting & Audit Services COE Director. Qualification First level university degree with a focus in business or economics; advanced degree and/or accounting certification (e.g., CA, CPA) strongly preferred
CA, MBA Vacancy in HP
The HP invited applications for the post Senior Business Consultant (Finance)_Leasing Domain. Qualification First level university degree with a focus in business/advanced degree or accounting certification (e.g., CA/CPA/MBA) strongly preferred. Typically 10+ years of experience
CA, MBA Vacancy in JPMorgan Chase & Co
The JPMorgan Chase & Co invited applications for the post Financial Analysis - Associate. Qualification Minimum of CA or an MBA in Finance is required with 4 to 7 years of Finance experience, preferably in
Excise Registration can be Allowed If Either Party Is Manufacturer and Under Take Excise Duty Liability: CESTAT [Read Order]
In a recent case, the Ahmedabad bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has held that Excise registration can be allowed if either party is a manufacturer and undertakes Excise duty
CESTAT Sets aside Service Tax Demand under BAS as OLSP providing service not as an Agent of Assessee [Read Order]
The Kolkata bench of the Customs, Excise & Service Tax Appellate Tribunal ( CESTAT ) set aside the demand of service tax as Overseas Logistics Service Providers ( OLSPs ) are not providing service as
ITAT Deletes disallowance of payment  made on account of Forward Contract Loss incurred towards hedging Foreign Exchange Fluctuation Loss on FCNRB Loan Account [Read Order]
The  Kolkata bench of Income Tax Appellate Tribunal (ITAT) deleted the disallowance of payment  made on account of the  Forward Contract Loss incurred towards hedging  Foreign Exchange Fluctuation Loss on the  FCNRB Loan Account. The
No disallowance of interest expense claimed in respect of ST RRB Credit Refinance Fund of NABARD: ITAT [Read Order]
The Mumbai bench of Income Tax Appellate Tribunal ( ITAT ) held that no disallowance shall be made on interest expense claimed in respect of ST RRB Credit Refinance Fund of National Bank for Agriculture &
Restriction on Disbursements of Loans in Cash: RBI directs NBFCs to Limit Loan Amount to Rs. 20,000
The Reserve Bank of India ( RBI ), India's central bank, is taking a stricter stance on cash transactions involving Non-Banking Financial Companies (NBFCs). In a recent move, the RBI reportedly directed NBFCs to strictly
Reopening of Income Tax Assessment on Change of Opinion Invalid when barred by Limitation: Bombay HC [Read Order]
A Division bench of the Bombay High Court has held that reopening of Income Tax assessment on the sole basis of change of opinion is invalid when the same is barred by limitation. The petitioner