Finance Ministry

New Income Tax e-Filing Portal: Finance Ministry expects tech issues to be resolved by First Week of August

July 23, 2021

Pankaj Chaudhary - MoS - Finance Ministry - Taxscan

Govt. allocates work to Pankaj Chaudhary, Newly Appointed MoS in Finance Ministry [Read Office Order]

July 14, 2021

PMLA Relaxation- operation of small bank accounts - Taxscan

PMLA Relaxation: Govt. extends the operation of Small Bank Accounts [Read Notification]

July 2, 2021

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Pepsico- CESTAT - Cenvat Credit - Taxscan

Relief to Pepsico: CESTAT allows 10 Cr Rupees claim for Cenvat Credit on Setting up of Factory [Read Order]

July 28, 2021

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Hyderabad bench has allowed a claim for cenvat credit by PepsicoIndia holding that credit is allowable for setting up of the factory under the CENVAT Credit Rules, 2004. The Company, PepsicoIndia Holdings, M/s Sri City paid service tax on the amounts charged by it for the […]

CA- CS - vacancy-Deloitte-jobscan-taxscan

CA / CS vacancy in Deloitte

July 28, 2021

The Deloitte has invited applications for the posts of Assistant Manager. Assistant Manager will build and nurture positive working relationships with teams and clients with the intention to exceed client expectations. Responsibilities: Imparting knowledge on various transfer pricing topics to new employees and freshers through learning sessions Visiting clients to understand their business and conducting […]

CA - CWA - CS - vacancy - Dell Technologies - jobscan - Taxscan

CA / CMA / CS vacancy in Dell

July 28, 2021

The Dell Technologies has invited applications for the post of Senior Analyst. The Senior Analyst assess creditworthiness of corporate customers by preparing financial scorecard in D&B Tool, payment behavior and market search. (Should have knowledge on financial statements assessment like P&L, Balance sheet, Cash flow statement, ratio analysis, etc) and should be able to understand […]

IBBI - guidelines on Technical Standards - performance of core services - IBBI Regulations - Taxscan

IBBI amends Guidelines on Technical Standards for Performance of Core Services under IBBI Regulations

July 28, 2021

The Insolvency and Bankruptcy Board of India (IBBI) on Monday notified the Guidelines for Technical Standards for the Performance of Core Services and Other Services (Amendment), 2021 under the Insolvency and Bankruptcy Board of India (Information Utilities) Regulations, 2017. The amendment defines the term “Identity Details” which means C-KYC number in the C-KYC database maintained […]

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Relief to Pepsico: CESTAT allows 10 Cr Rupees claim for Cenvat Credit on Setting up of Factory [Read Order]

July 28, 2021

IBBI amends Guidelines on Technical Standards for Performance of Core Services under IBBI Regulations

July 28, 2021

Section 14A Disallowance - exempted income-Assesee-Madras High court - Taxscan

Section 14A Disallowance cannot exceed the Exempted Income earned by Assesee: Madras High Court [Read Judgment]

July 28, 2021

The Madras High Court ruled that disallowance under Section 14A of the Income Tax Act can not exceed the exempted income earned by the Assessee. The assessee, M/s.HTC Global Services India Pvt. Ltd. is a company engaged in the business of providing customer support, services in the form of e-mail support, voice support, and chatting. […]

Penal Interest - Income Tax Return - Taxscan

Know the Penal Interest details to be paid even if Income Tax Return filing deadline Extended

July 28, 2021

In order to provide relief to the Taxpayers affected by the COVID-19 Pandemic, the Government extended the Income Tax Return filing for the financial year 2020-21 till September 30, 2021. Further, the government has given multiple extensions to the taxpayers last year also. However, under sections 234A, 234B and 234C of the Income Tax Act […]

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