![Society Collecting Rent on behalf of Govt eligible for Receiving Credit of TDS: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/05/ITAT-TDS-Rent-Taxscan.jpeg "Society Collecting Rent on behalf of Govt eligible for Receiving Credit of TDS: ITAT [Read Order]")
Society Collecting Rent on behalf of Govt eligible for Receiving Credit of TDS: ITAT [Read Order]
In a significant ruling, the Income Tax Appellate Tribunal (ITAT), Delhi bench has held that the income tax department should allow credit of TDS paid...
Govt Amends the extent FDI Policy for curbing opportunistic Takeovers/Acquisitions of Indian Companies due to the current COVID-19 pandemic
The Government of India has reviewed the extant Foreign Direct Investment(FDI) policy for curbing opportunistic takeovers/acquisitions of Indian companies due to the current COVID-19 pandemic and...
Value of Supply under Foreign Currency Billing to be determined as per notified Exchange Rate: AAR [Read Order]
Uttarakhand AAR held that the value of goods supplied within India and billing is done in foreign currency, shall be determined under Rule 34 of Central Goods and Service Tax (CGST) Rules, 2017 and...
![Value of Supply under Foreign Currency Billing to be determined as per notified Exchange Rate: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/04/Foreign-Currency.jpg "Value of Supply under Foreign Currency Billing to be determined as per notified Exchange Rate: AAR [Read Order]")
Chartered Accountant vacancies in Swami Vivekanand National lnstitute of Rehabilitation Training and Research (SVNIRTAR)
The Swami Vivekanand National lnstitute of Rehabilitation Training and Research (SVNIRTAR) has invited applications from a dedicated person with drive, willingness, missionary zeal and commitment for...
IBBI amends CIRP Regulations to provide relief in Corporate Insolvency Resolution process due to COVID-19 outbreak
To address this difficulty faced by the lockdown due to COVID-19, the Insolvency and Bankruptcy Board of India (IBBI) amended the CIRP Regulations to provide that the period of lockdown imposed by the...
CBIC exempts Foreign Airlines from Furnishing Reconciliation Statement under FORM GSTR-9C [Read Notification]
The Central Board of Indirect Taxes and Customs (CBIC) has exempted the foreign airlines from furnishing reconciliation statements under Form GSTR-9C. The Department of Revenue under the Ministry of...
![CBIC exempts Foreign Airlines from Furnishing Reconciliation Statement under FORM GSTR-9C [Read Notification]](https://www.taxscan.in/wp-content/uploads/2016/07/Large-Airlines.jpg "CBIC exempts Foreign Airlines from Furnishing Reconciliation Statement under FORM GSTR-9C [Read Notification]")