Highlights DGFT simplifies Composition Fee for Export Obligation Extension under Advance Authorization Scheme The Directorate General of Foreign Trade (DGFT) has notified the amended rules for calculation of Co.....
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JUDGMENTS Voluntary contributions specifically received towards corpus of the trust cannot be brought to tax(17.01.2023) The only issue emanates for consideration is as to whether the CIT(A) justified in confirming the ad..... Assessing Officer is bound to supply reasons of reopening of assessment(18.01.2023) In present case, the assessment was reopened under Section 147 of the Income-tax Act, 1961 and an as..... Reasons for the formation of the belief must have rational connection with or relevant bearing on the formation of the belief(18.01.2023) The assessee is a resident individual engaged in Multi-Level-Marketing on agency basis, had filed re.....
INTERNATIONAL CASES When a corporate trustee enters into external administration, the comp.....(18.01.2023) The Plaintiffs, Kimberley Stuart Wallman and Gregory Paul Quin (collectively, the Liquidators) are t.....
NOTIFICATIONS & CIRCULARS Amendments in Para 2.79A of Ha.....(17.01.2023) In exercise of the powers conferred under Paragraph 1.03 of the Foreign Trade Policy, 2015-20, the Director General of Foreign Trade, hereby makes ame..... RBI releases Primary (Urban) C.....(18.01.2023) The Reserve Bank of India today herewith releases the 9th volume of the annual publication titled 'Primary (Urban) Co-operative Banks' Outlook 2021-22..... Explosives (Amendment) Rules, 2022 - Draft(18.01.2023) The draft of the following rules to amend the Explosives Rules, 2008, which Central Government proposes to make in exercise of the powers conferred by.....
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