Unrest stirs up Legal Community against New BCI Directions
The legal community in India is in uproar over the recent notification issued by the Bar Council of India ( BCI ) on September 24, 2024, which has...
![Loan received through State Government does not attract S.43B(d) of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Pune-Income-Tax-State-Government-loan-taxation-taxscan.jpg "Loan received through State Government does not attract S.43B(d) of Income Tax Act: ITAT [Read Order]")
Departments trigger “RTI Loop” on query of income and tax disclosures of MLAs and MPs, says information not available under RTI Act
An RTI Application was filed, under the Right to Information Act, 2005 seeking information on the returns of income and tax payments furnished by members of parliament and legislative assemblies....
Chinese Handset Manufacturing Companies Xiaomi, Oppo, Vivo, Oneplus and Lenovo under Investigation for alleged evasion of GST and Customs Duties; says Minister of Electronics and IT
As per the latest update in Parliament, the Indian government reported that Chinese handset manufacturers, including Xiaomi, Realme, Oppo, Vivo, and Oneplus, have avoided paying Goods and Services...
ED Attaches Properties of Heera Group and its MD worth Rs.33 Crores against Investigation of Defrauding People [Read Order]
Under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, the Enforcement Directorate (ED) has temporarily attached 24 movable properties owned by Mrs. Nowhera Shaik and the Heera...
MP Shashi Tharoor appreciates CBIC Chairman, FM Nirmala Sitharaman and her PS for waiver of 7 Lakhs GST on Injection for Cancer Treatment
Parliamentarian Dr. Shashi Tharoor recently expressed his appreciation to Central Board of Indirect Taxes and Customs Vivek Johri, Finance Minister Nirmala Sitharaman and her Personal Secretary, for...
Budget 2023: Renewable Energy driven capacity growth in Electricity Sector observed, says Economic Survey [Read Report]
The Economic Survey 2023, tabled before the parliament by the Finance Minister Nirmala Sitharaman reviews the performance of the Indian economy to date and lays the road ahead for the next fiscal...
Income Tax Provision Denying Exemption to Old Indian Settlers and Women Married to Non-Sikkimese is Unconstitutional: SC [Read Order]
In a women-friendly ruling, the Supreme Court has struck down section 10(26AAA) of the Income Tax Act, to the extend the provision denies income tax exemption to old Indian settlers and sikkimese...
![Income Tax Provision Denying Exemption to Old Indian Settlers and Women Married to Non-Sikkimese is Unconstitutional: SC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Income-Tax-Provision-Old-Indian-Settlers-Women-Married-Unconstitutional-SC-TAXSCAN.jpg "Income Tax Provision Denying Exemption to Old Indian Settlers and Women Married to Non-Sikkimese is Unconstitutional: SC [Read Order]")