News

There is not chance for extension of applicability of Section 43B(h) of Income Tax Act. Thus it's implentation should be done in advance to ensure smooth compliance at later stage.

Late MSME Payment section 43B(h) now reality: What to do in this case

Notifications

The CBDT has notified the National Mission for Clean Ganga for Income Tax Exemption under Section 10(46) of the Income Tax Act, 1961 via issuing a Notification.

CBDT Notifies National Mission for Clean Ganga for Exemption under Section 10(46) of IT Act

The Central Bureau of Investigation (CBI) has arrested the Head Constable of Delhi Police while accepting a bribe of Rs.40,000 from the complainant.

CBI arrests Delhi Police Head Constable in Bribery Case of Rs.40,000

Articles

High Value Transactions done by an individual does not commensurate with the ITR, he is bound to receive the Tax Notice.

These Income Tax High Value Transactions that May Trigger Notice from IT Department; Check List

The Directorate General of Foreign Trade (DGFT) notified amendment in the Export Policy of Onions via issuing a Notification.

DGFT notifies Amendment in Export Policy of Onions

The Directorate General of Foreign Trade (DGFT) notified amendment in Policy condition of Crude Oil under HS Code 27090010 via issuing a Notification.

DGFT Amends policy condition of Crude Oil under HS Code 27090010

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