Latest & accurate updates on important issues
As always, PM Narendra Modi looks forward to sharing his thoughts on themes and issues that matter to you. The Prime Minister invites you to share your ideas on topics he should address on the latest Episode of Mann Ki Baat. Send us your suggestions on the themes or issues you want the Prime Minister Read More ...
“There come moments in the history of nations when people feel the urge to be a part of a transformational movement for the country’s progress. Today is the opportunity for 125 crore Indians to join the Mahayagya against corruption, black money, terrorism and fake notes.” – PM Narendra Modi on 8th November, 2016 8th November, Read More ...
The Bombay High Court Board List is also known as the sitting list. All judges of the Bombay High Court have to hear appeals and petitions as per the Board List Read More …
In THE PRINCIPAL COMMISSIONER OF INCOME TAX-4, MUMBAI Versus M/s. S.G. ASIA HOLDINGS (INDIA)PVT. LTD the Supreme Court has considered the law on transfer pricing and whether by not making reference to the TPO, the Assessing Officer had breached the mandatory instructions issued by the CBDT in Instruction No.3/2003 Read More …
The law on the point as regards applicability of the requirement of notice under Section 143(2) of the Act is quite clear from the decision in Blue Moon’s case2. The issue that however needs to be considered is the impact of Section 292BB of the Act Read More …
Prime Minister Narendra Modi gave an interview to the Economic Times in which he talked at length about the menace of corruption in the income-tax and indirect taxes department. He explained the Government would no longer tolerate corruption amongst Government officials Read More …
Instances have come to the notice of the Board that substantial additions have been made by the AOs in “Start up Companies” involving issue of valuation of shares u/s S56(2)(viib) Read More …
Instances have come to the notice of the Board that notices u/s 143(2)/147 have been issued by the Assessing Officers in respect of Startup Companies, before the issue of notification of the Department for Promotion of Industry and Internal Trade (henceforth referred to as ‘DPIIT’) dated 19.02.2019 or even afterwards which are presently pending for disposal. These companies have been recognized by the DPIIT after the issue of their notification dated 19.02.2019 Read More …
The Income-tax return (ITR) forms for the Assessment Year (AY) 2019-20 were notified vide notification bearing G.S.R. 279(E). dated the 1st day April, 2019. Subsequently, the instructions for filing ITR forms were issued and the software utility for e-filing of all the ITR forms were also released. After notification of the ITR forms various queries have been raised by the stakeholders in respect of filling-up of the ITR forms. In order to address such queries, following clarifications are issued Read More …
CBDT Circulars On Enhancement of Monetary limits for filing of appeals by the Department before Income Tax Appellate Tribunal. High Courts and SLPs/appeals before Supreme Court – Amendment to Circular 3 of 2018 Measures for reducing litigation Read More …
Analysis of latest judgement of the Bombay High Court in Axis Bank v Madhav Prasad Aggarwal and Ors on the Securitisation And Reconstruction Of Financial Assets And Enforcement Of Security Interest Act, 2002 Read More …
The Supreme Court Collegium has resolved that two judges should be transferred to the Bombay High Court. These judges are Mr. Justice A.A.Kureshi, Judge, Gujarat High Court and Mr. Justice Indrajit Mahanty, Judge, Orissa High Court Read More …
