Finance Minister

Taxing Virtual Currencies

January 2, 2021

Budget 2021 - Finance Minister - Nirmala Sitharaman - Pre-Budget Meetings - Budget Scan - Taxscan

Budget 2021: Finance Minister Nirmala Sitharaman concludes pre-Budget meetings

December 23, 2020

Central Government - announces - LTC cash voucher scheme - stimulate consumer - boost economy - COVID-19 - Taxscan

Central Govt. announces LTC cash voucher scheme to stimulate consumer spending to boost economy during COVID-19

October 12, 2020

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Relief to Interglobe Aviation: CESTAT allows IGST Exemption to re-import of repairing parts or aircraft to India [Read Order]

January 21, 2021

The Customs, Excises, Service Taxes Appellate Tribunal (CESTAT), Delhi Bench while providing relief to Interglobe Aviation allowed the Integrated Goods and Service Tax (IGST) Exemption available on re-import of repaired parts or aircraft into India. The appellant, M/s Interglobe Aviation Limited filed 415 raising the issue in respect of the availability of IGST exemption provided […]

ITAT allows deduction to Deloitte Haskins & Sells for expenditure representing TDS deducted [Read Order]

January 21, 2021

The Income Tax Appellate Tribunal (ITAT), Delhi Bench allowed the deduction to Deloitte Haskins & Sells for expenditure representing TDS deducted. The assessee, Deloitte Haskins & Sells is a Chartered Accountant Firm. For Assessment Year 2011-12, the return of income was filed declaring an income of Rs.10,44,95,714. The assessee’s case was selected for scrutiny and […]

Relief to Havells India: ITAT allows deduction u/s 80IC on the interest income [Read Order]

January 21, 2021

The Income Tax Appellate Tribunal (ITAT), Delhi Bench in a relief to Havells India allowed the deduction under section 80IC on the interest income. The assessee, Havells India is a company stated to be engaged in the business of manufacturing of switchgears, energy meters etc. Assessee electronically filed its return of income declaring total income […]

CBIC issues guidelines for Posting of staff at Customs areas & collection of Cost Recovery Charges [Read Circular]

January 21, 2021

The Central Board of Indirect Taxes and Customs (CBIC) issued the comprehensive guidelines relating to the posting of officers and staff at Customs areas and collection of the Cost Recovery Charges. Over the period of time, a gamut of issues has been brought to the notice of the Board through various representations. These issues include […]

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Relief to Interglobe Aviation: CESTAT allows IGST Exemption to re-import of repairing parts or aircraft to India [Read Order]

January 21, 2021

ITAT allows deduction to Deloitte Haskins & Sells for expenditure representing TDS deducted [Read Order]

January 21, 2021

Relief to Havells India: ITAT allows deduction u/s 80IC on the interest income [Read Order]

January 21, 2021

CBIC issues guidelines for Posting of staff at Customs areas & collection of Cost Recovery Charges [Read Circular]

January 21, 2021

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