Direct Tax Updates: Income Tax Department has confiscated assets worth Rs 6,900 crore till now as part of its action under the anti-benami transactions law, the agency said in a… Read More
Service Exports From India Scheme (SIES) A tool to Encourage Export :FOREIGN TRADE POLICY 2015-2020 Service Exports from India Scheme (SIES) has been introduced through the latest Foreign Trade Policy… Read More
Corporate and Professional updates on 30th Jan 2019 FAQ’s on GST: Ques. Is there a requirement to issue a ‘payment voucher’ at the time of making payment to the foreign… Read More
Corporate and Professional Updates on 29th January 2019 Indirect Tax Updates: The various structural changes and demand pressures over the past two years, the real estate sector is expecting… Read More
Direct Tax Updates: CBDT Chairman said that the Govt. will exceed the Direct Tax Target of Rs 11.5 Lakh Crore in the financial year 2018-19. This will either help the… Read More
Corporate and Professional Updates on 25th January 2019 Indirect Tax: The government’s decision to create a national Goods and Services Tax Appellate Tribunal to adjudicate disputes is on the… Read More
Direct Tax: Case Laws on Income Tax: Orchid Infrastructure Developers Pvt. Ltd and Ajay Kumar Gupta & ORS. Vs. Union of India & ORS. Liability to pay interest u/s 234B(2A) - retrospective legislation - sub-section (2A)… Read More
Corporate and Professional Updates on 23rd January 2019 Direct Tax Updates: The Department of Income Tax made a list of Individuals who made Out High-value transactions in the financial year… Read More
Indirect Tax: FAQ’s On GST: QUES. What is considered as ‘securities’ under the Goods and Services Tax Act? Are they taxable under GST? ANS. Section 2(101) of the CGST Act,… Read More
Direct Tax: The Income Tax Department Has Come across Several Cases Where Tax Payers Have Taken Credit for Payment of "Self-Assessment tax" without actually clearing the dues, resulting in arrears… Read More