The Income Tax Appellate Tribunal (ITAT), Bangalore has granted partial relief to Google Ireland where the Tribunal expedited the hearing and posted the matter for final hearing on 16th September 2021. Facts of the case:- The Assessing Officer has assessed an income of Rs.93.66 crores as …
Judgment:- The Kerala High Court ruled that the E-Way Bill is not required for transportation of ‘Used Personal Vehicle’. Facts of the case:- The Respondents, VST, and Sons have filed the writ petition challenging the detention of the ‘RANGE ROVER’ motor vehicle belonging to the respondent …
In the Union Budget 2021, the finance minister Nirmala Sitharaman announced that senior citizens above the age of 75 years, who only have pension and interest as a source of income will be exempted from filing the income tax returns. During the budget speech, Sitharaman said, …
1. The Securities Exchange Board of India ( SEBI ) has directed the investors to link PAN with Aadhaar before September 30th, 2021. 2. As per Central Board of Direct Taxes (CBDT) notification G.S.R 112(E) dated February 13, 2020, the Permanent Account Number (PAN) of a …
Judgement:- In relief to the Reliance Industries, the Mumbai Bench of Income Tax Appellate Tribunal (ITAT) ruled that the revision by Pr. CIT(A) was not justified in case AO conducted the proper enquiry. Facts of the case:- As per the provisions of Section 263 of Income …
ICICI Bank Released Job Openings On 03-09-2021.The bank, abbreviated as ICICI, is the full name of the Indian Industrial Loan and Investment Company. It is currently the second largest bank in India. Although it was started in 1955 only for industrial loan purposes, it also became a bank …
Union Bank of India Released Job Openings On 03-09-2021.Union Bank of India, d / b / a UBI, a state-owned bank owned by the Ministry of Finance with 120+ million customers and a total US $ 106 billion business..Eligibility Criteria / Educational Qualification, Official Notification, Apply …
South Indian Bank Released Job Openings On 03-09-2021.South Indian Bank Limited is a private private sector bank headquartered in Thrissur, Kerala, India. South Indian Bank has 924 branches, 4 service branches, 53 extension counters and 20 regional offices. The bank has also set up more than 1,500 ATMs …
1. The Market Regulator, Securities, and Exchange Board of India (SEBI) have issued the guidelines on Disclosure of risk-o-meter of scheme, benchmark, and portfolio details to the investors. 2. SEBI has mandated mutual funds to disclose to the investors in which the unitholders are invested as …
1. The Central Board of Direct Taxes (CBDT) has notified the Provision for Calculation of taxable interest relating to contribution in a Provident Fund (PF) exceeding the specified limit, which will be effective from 1st April 2022. 2. The Board has notified the Income-tax (25th Amendment) …