News

The Delhi Income Tax Appellate Tribunal upheld the treatment of advertising expenses as pass-through charges, which came as a comfort to BBC India.

ITAT rules in favour of BBC in transfer pricing case, rejects IT tax department appeals

The Central Board of Direct Taxes inaugurated the Lounge of the Taxpayers at the 42nd India International Trade Fair in the presence of CBDT's members and top officers of the IT Department in New Delhi.

CBDT Chairman inaugurates Taxpayers Lounge at 42nd India International Trade Fair

Notifications

The Ministry of Corporate Affairs (MCA) has notified Limited Liability Partnership (Significant Beneficial Owners) Rules 2023 via issuing Notification.

MCA notifies Limited Liability Partnership (Significant Beneficial Owners) Rules 2023

The Center may soon raise the threshold for arrest and criminal prosecution in Goods and Services Tax evasion cases to Rs. 3 crore from the current Rs. 2 crore.

Govt to raise arrest and criminal prosecution threshold in GST evasion cases from Rs. 2 cr to Rs. 3 cr

The Reserve Bank of India has taken action against Bajaj Finance Ltd. under Section 45L(1)(b) of the RBI Act, 1934 due to non-adherence of Digital lending guidelines.

RBI takes action against Bajaj Finance due to non-adherence of Digital lending guidelines

The Central Board of Indirect Taxes and Customs (CBIC) has released GST Return Filing Procedure (FORM GSTR-3B) E-Flyer.

Download GST E-Flyer on complete GSTR-3B Filing Process

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