On account of certain challenges faced by taxpayers in adhering to compliance…
No assessee-in-default due to enhanced surcharge if transaction and payment completed by July 05, 2019
Due to increase in surcharge rate by the Finance (no. 2) Act,…
Employer is liable to deduct tax as per Sec. 115BAC only after receiving intimation from employee
CBDT has clarified that eligible employees, who are intending to opt for…
HC upholds recovery proceedings against ‘Jindal Ltd’ as genuineness of loan transaction was in serious dispute
Where proof of identity of loan depositors, capacity of creditors to advance…
Relaxations / Extensions of various Compliance Deadlines etc. provided by Department of Commerce to address Corona Pandemic Related Hardships of Exporters
In order to give relief to businesses and affected individuals amidst the…
No Basic Custom Duty on Ventilators, COVID Test Kits and Masks
In the Context of COVID-19 Situation, Considering the immediate requirement of ventilators…
CBIC implements ‘Special Refund and Drawback Disposal Drive’
To give effect to the relief announced vide Press Release dated 8-4-2020…
CBIC grants immediate processing of pending GST refund claims
CBIC has decided to process pending refund claims in order to provide…
PPF/Sukanya Samriddhi accountholder can make a single deposit for FY 2019-20 till June 30, 2020
The Govt. has relaxed the guidelines related to in Public Provident Fund…
Employee donating to ‘PM CARE FUND’ through his employer eligible to claim deduction based on Form 16
The CBDT has clarified that in case where donation is made to…