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TMI - e-Newsletter TaxTMI Company's expenses disallowed, but no penalty as... TaxTMI Resolving Arbitral Tribunal's Mandate Extension:... TaxTMI Court allows appeal against retrial order for... TaxTMI Provisions restricting input tax credit on... TaxTMI Lack of jurisdiction for AO to invoke Sec 153C... TaxTMI Writ challenging assessment dismissed; assessee... TaxTMI Fraudulent employee mishandling led to embezzlement... TaxTMI Taxpayer challenges legality of vague penalty... TaxTMI Tax-free dividend income, interest-free funds... TaxTMI Battle over Betel Nut Classification: Roasted or... TaxTMI Goods matched documents like e-way bill and... TaxTMI Income tax reassessment validity: AO initiated... TaxTMI Sale-purchase loss disallowed unreasonably by tax... TaxTMI Revision: Hospital receipts verified, partial... TaxTMI Inflated invoices by employees led to pre-existing... TaxTMI Latest Case-Laws TaxTMI Latest Notifications + Circulars TaxTMI GST Council Decisions TaxTMI

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July 23, 2016 Black Money July 22, 2016 INFLATION July 22, 2016 Economic growth July 22, 2016 Funds for Startups July 22, 2016 New application process to fast track the allotment of PAN and TAN July 22, 2016 RBI Reference Rate for US $ July 21, 2016 Exchange Rate of Foreign Currency Relating to Imported and Export Goods Notified July 21, 2016 Startup India States’ Conference July 21, 2016 SIT directs Enforcement Directorate to take necessary action under FEMA with respect to 216 Companies with respect to the period before 1st March, 2016 and 572 Companies for the period after 1st March, 2016 for which each such Company had export proceeds pending for realisation for more than ₹ 100 crore; July 21, 2016 Income Tax Department to issue 7 lakh letters seeking Information in respect of High Value Non PAN Transactions July 21, 2016 RBI Reference Rate for US $ July 21, 2016 First Annual Meeting of the Board of Governors of BRICS New Development Bank held yesterday at Shanghai; Second Annual meeting of New Development Bank to be held in India in 2017 and India will Chair the Board of Governors of NDB next year; India to follow the approach of ‘Reform to Transform’ through far reaching Structural Reforms and has taken several initiatives to boost investment climate and improve the Ease of Doing Business July 21, 2016 Cabinet approves amendment in the Benami Transactions (Prohibition) amendment Bill, 2015 July 21, 2016 Cabinet approves proposal of M/s. Ambuja Cements Limited for acquisition of 24% shares in its holding company-Holcim (India) Private Limited July 21, 2016 Workshop for Banking Correspondents (BCs) for implementation of Atal Pension Yojana (APY) held on 19th July 2016 July 20, 2016 FDI In Railways July 20, 2016 Quality Standards for Import of Goods July 20, 2016 Approval for setting up of IT/ITES SEZs July 20, 2016 Foreign Investment under 'MAKE IN INDIA' Programme July 20, 2016 'START-UP INDIA'-Coverage and Eligibility

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F: ITC on Inward supplies availed in the next Financial Year

F: RCM on Rent for Exempted Commodity

F: RCM on Rent for Composite Dealer

F: GST AUDIT U/S 65 AND SHOW CAUSE U/S 73

F: Registration Required or Not

N: Central Government notifies transfer of capital asset from NLC India L...

F: GSTR-1 LATE FEE FY 2020-21

F: Interest u/s 50 of CGST Act 2017

F: Consolidated SCN and Order

F: Stock damaged in recent floods

A: Classification of Clear Float Glass: CTH 7005 1090 or CTH 7005 2990?

A: EXTENSION OF MANDATE OF ARBITRAL TRIBUNAL.

A: Excessive payment u/s 40A(3) are not disallowed incase business expedi...

A: ITC is available on inward supply of motor vehicles used for demonstra...

A: Hydrated Lime/Slaked Lime containing less than 98% of the Calcium Oxid...

N: Amendment in Notification number S.O.3048(E), dated the 31st July, 2024

H: Accumulated profits calculation for deemed dividend: Deduct depreciati...

H: Pending Income Tax appeals: Stay on recovery until disposal of petitions.

H: Dividend income taxability, intra-group services' TP adjustment throug...

H: Scrutiny on cash deposits as agricultural income: Validity of claims &...

H: Banks' tax woes: Disallowances, interest deductibility, bad debt recov...

H: Income tax penalty quashed after AO accepted assessee's declared incom...

H: Transfer pricing adjustments questioned, comparables scrutiny ordered....

H: Arbitral Award Taxability: Contractual Compensation is Business Income...

H: Software license income not taxable in India under India-US DTAA; non-...

H: Aircraft repair fees not taxable as "Fee for Technical Services"; no t...

H: Charitable trust denied tax exemption for excessive commercial exploit...

H: Bogus commodity transactions surfaced through complex fund routing for...

H: Cash deposits during demonetization were explained, addition dropped. ...

H: Construction Biz Dodges Income Tax Additions: Hotel, Garden, & Propert...