GST: E-way bill generation maintains momentum in August, 2021
Daily e-way bill generation for goods transportation under the Goods and Services Tax (GST) system came in at 20.7 lakh […]
GST Recent News
Important News
CNBC-TV18: Sources say the Meeting of Infosys team with FM on the I-T portal issue concluded
As per the recent tweet of CNBC-TV18, Sources say the Meeting of Infosys team with FM on the I-T portal
News
Finance ministry summons Infosys CEO after multiple glitches in income tax portal
The Ministry of Finance has summoned Salil Parekh, MD and CEO of Infosys, demanding an explanation with regards to persistent
News
Finance ministry summons Infosys CEO after multiple glitches in income tax portal
The Ministry of Finance has summoned Salil Parekh, MD and CEO of Infosys, demanding an explanation with regards to persistent
Important Pronouncements
Expenditure on Partner’s Foreign Educational Course allowable to Deductions
In Aswathanarayana & Eswara v. Deputy Commissioner of Income-tax, Circle-I, Chennai [Tax Case Appeal No. 409 of 2009 dated March
Press Release, Press Release
Finance Ministry meeting with Infosys on glitches in e-filing portal of Income Tax Department
Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman took a meeting with Mr. Salil Parekh, MD & CEO,
Advance Ruling-New
ITC not available on Air Conditioning and Cooling System by applying the Test of Permanency
In M/s. Wago Private Limited, [Advance Ruling No. GUJ/GAAR/R/33/2021dated July 30, 2021], M/s. Wago Private Limited (“the Applicant”) in process
Advance Ruling-New
ITC not available on Works Contract Services for construction of Immovable Property
In re The Varachha Co Op Bank Ltd [Advance Ruling No. GUJ/GAAR/R/37/2021 dated July 30, 2021], M/s. The Varachha Co
News
India cuts soyoil, sunflower oil import tax to calm prices
India has cut base import taxes on crude and refined soyoil and sunflower oil to 7.5% from 15% for six weeks, a government order
News
India Ratings revises India’s FY22 GDP growth to 9.4%; links forecast to vaccination drive
India Ratings and Research (Ind-Ra) has revised India’s GDP growth forecast for FY22 to 9.4% year-on-year, saying that the country’s