New debit, credit card, TCS rules, special FD deadlines, LIC campaign late date: 8 big money changes in October 2023
Just like September, the month of October also many financial deadlines and changes that can have impact on your money […]
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Central Excise - 2023, News, Notification And Circular, Notification and Circular
Govt Hikes Windfall Tax on Domestic Crude, Cuts Levy on Export of Diesel, ATF
The government on Friday hiked special additional excise duty (SAED) on crude petroleum to Rs 12,100 per tonne with effect
News
Travel agents body calls to abolish TCS ahead of implementation from Oct 1
As the new Tax Collection at Source (TCS) on foreign remittances is set to become applicable from October 1, travel
Income Tax, ITAT, News
Income With Respect To Contribution Received From Recognized Stock Exchange Is Eligible For Section 10 (23EC) Exemption: ITAT
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has held that the income of the assessee with respect to contributions received
News, SEBI
SEBI extends deadline for demat account holders to provide account nominees, submit PAN, KYC details
Market regulator SEBI extended the deadline for Demat account holders to provide a nomination. SEBI also extended the deadline for
News, PMLA
Supreme Court Forms Special Bench To Hear Review Against PMLA Judgment, Hearing On Oct 18
The Supreme Court has constituted a special bench to hear the review petitions against the 2022 judgment in the Vijay Madanlal
News, PMLA
PMLA; Freezing Order u/s 17(1-A) Not Valid If ECIR Quashed & FIR Not Registered: Kerala High Court
The Kerala High Court recently laid down that where the Enforcement Case Information Report (ECIR) has been quashed and no
News
AI can replace auditors and accountants says Union Finance secretary
Union Finance Secretary and senior IAS officer T.V. Somanathan on Saturday said Artificial Intelligence (AI) can replace the work being done by auditors and
ITAT, News
AO Can’t Ask Assessee To Prove Non-Occurring Of An Event, ITAT Deletes Income Tax Addition Worth Rs. 2 Crores
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has deleted the income tax addition worth Rs. 2 crores and held that
Income Tax, News
Income Tax Dept Conducts Raids On Lux Industries At Multiple Locations Over Rs 200 Crore Tax Evasion Allegation
The FMGC company Lux Industries has been raided by the Income tax department over the tax evasion allegation worth Rs