Highlights RBI imposes restriction on Mastercard from on-boarding new domestic customers The Reserve Bank of India (RBI) has imposed restrictions on Mastercard Asia / Pacific Pte. Limited (.....
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JUDGMENTS Payment made by hospital to consultant doctors requires deduction of tax at source under Section 194J of IT Act(12.07.2021) The revenue is aggrieved by findings of Learned Commissioner of Income Tax (Appeal) [CIT(A)] that, t..... Past history of assessee is a proper and reasonable guideline for estimation of income after rejection of books of account(15.07.2021) The only issue arises in this appeal of the assessee is regarding addition made by Assessing Officer..... Substantive right cannot be denied merely on procedural irregularity(12.07.2021) The present appeal is directed against the impugned order passed by the Commissioner of Central Tax .....
INTERNATIONAL CASES A confession by an accused shall not be admissible as evidence against.....(13.07.2021) The issue before the Supreme Court was whether the evidence of a single witness was reliable and acc.....
NOTIFICATIONS & CIRCULARS Cassette - swaps in ATMs(12.07.2021) 1.Please refer to circular RBI/2017-18/162/DCM (Plg.) No.3641/10.25.007/2017-18 dated April 12, 2018 on the captioned subject wherein banks were advis..... Amendment in format of ANF-2H .....(12.07.2021) In exercise of powers conferred under paragraph 2.04 of the Foreign Trade Policy 2015-2020, the Director General of Foreign Trade hereby revises the f..... Extension of time limit for fi.....(13.07.2021) In exercise of powers conferred under paragraph 2.04 of the Foreign Trade Policy 2015-2020, as amended from time to time, the Director General of Fore.....
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