News

21% increase in returns filed, 98% of small taxpayers’ refunds issued: MoS Finance

Shri. Santosh Kumar Gangwar, Minister of State, Finance updates that total 4.21 Cr. income tax returns has been e-filed in

Mar 20,2017

MoS Finance Santosh Gangwar graces Taxsutra & Thomson Reuters 'GST Summit 2017'; CBEC Chairman hopeful of July 1 rollout

Minister of State for Finance Santosh Kumar Gangwar graces Taxsutra & Thomson Reuters ‘GST Summit 2017’, says that the tax

Mar 15,2017

New Zealand proposes interest rate cap on related loans, rule targeting PE avoidance

New Zealand releases 3 discussion documents seeking submissions on a package of measures to counter BEPS, namely, i) Transfer pricing

Mar 14,2017

Settlement Commission Special Bench holds that applicant not required to disclose ‘additional income’ for each year

Income-tax Settlement Commission (‘ITSC’) 7 member Special bench (SB) majority view reaffirms ITSC 5 member Special Bench ruling in Airtech Pvt. Ltd., holds

Mar 10,2017

RBI notifies scheme for FDI in Limited Liability Partnerships

RBI notifies scheme for Foreign Direct Investment (‘FDI’) in Limited Liability Partnerships (‘LLP’) vide amendment to the Foreign Exchange Management

Mar 07,2017

Half Year Review - Significant International and Domestic tax rulings in 2016 – By Advocate Sunil Moti Lala

Half Year Review - Significant International and Domestic tax rulings in 2016 – By Advocate Sunil Moti Lala

Mar 03,2017

CJI asks Govt. to give major tax cases details to reduce pendency

PTI reports that Chief Justice of India J.S. Khehar has written to the Finance Ministry, asking for details of major

Feb 23,2017

Shri G.D. Agrawal, Vice President assumes charge as officiating President of ITAT

Shri G.D. Agrawal, Vice President takes charge as officiating President of ITAT pursuant to superannuation of President Justice Shri Dev

Feb 21,2017

Govt. cracks down on shell cos, unearths Rs. 3900cr money laundering; Targets errant professionals

Govt. sets up task force under the co-chairmanship of the Revenue Secretary and Corporate Affairs Secretary to monitor the actions

Feb 10,2017

CBDT Chairman’s message to IRS: Focus on TDS collections, step-up TDS surveys

CBDT Chairman’s message to IRS: Focus on TDS collections, step-up TDS surveys

Feb 09,2017

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