DGFT Imposes Cap of 2.5 Cr Per IEC from 1st April to 30th June 2024
The Directorate General of Foreign Trade ( DGFT ), vide trade notice no. 40/2023-2024Â dated 20th March 2024 has issued an amendment under the...
![Rejection of Application of Exemption claimed u/s 80G of Income Tax Act on account of failure to produce Documentary Evidence: ITAT directs Readjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Pune-Income-Tax-Documentary-evidence-taxscan.jpg "Rejection of Application of Exemption claimed u/s 80G of Income Tax Act on account of failure to produce Documentary Evidence: ITAT directs Readjudication [Read Order]")
Services of Leasing Land for Industrial purposes cannot be Treated as an Exempt Supply: AAR [Read Order]
The West Bengal bench of the Authority for Advance Ruling (AAR) observed that services of leasing land for industrial purposes cannot be treated as an exempt supply The issue to be decided was...
![Services of Leasing Land for Industrial purposes cannot be Treated as an Exempt Supply: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/AAR-Authority-for-Advance-Ruling-AAR-west-bengal-TAXSCAN.jpg "Services of Leasing Land for Industrial purposes cannot be Treated as an Exempt Supply: AAR [Read Order]")
₹20,000 Crore Vivo Money Laundering Scam: Delhi Court Grants Bail to Chartered Accountant, Tagged as 'Mastermind'
The Delhi Court has granted bail to a chartered accountant, one of the main accused in the high-profile ₹20,000 crore money laundering case linked to Chinese smartphone maker Vivo. However,...
Evaluating PSE Disinvestment Amidst the Extended Tax Exemption under Section 52(2)(x) of the Income Tax Act
The role of economic arrangements in the promotion of a free society is twofold. On the one hand, freedom in economic arrangements is in itself a component of freedom, in its broad sense. So,...
Karnataka Govt proposes additional Excise duty Hike on Beer, could lead to Rs 8-10 price upturn per 650 ml Bottle
The Karnataka government has put forth a proposal for yet another hike in additional excise duty (AED) on beer, foreseeably leading to an increment of Rs. 8-10 per 650 ml bottle. The proposed hike...
Anticipating Lok Sabha Polls, Central Govt set to Unveil Interim Budget 2024 with focus on Welfare and Tax relief; Reports
As the eagerly awaited 2024-25 Interim Budget approaches its unveiling on February 1, the anticipation is centred around the possibility of nuanced tax relief measures and an increased allocation for...
