Delhi High Court upholds ITAT order, rejects income tax petitions against Samsung
The Delhi High Court on Wednesday held that South Korean multinational Samsung Electronics Co’s wholly-owned subsidiary’s premises in India do […]
Income Tax Dept imposes Rs 3.86 cr penalty on Laurus Labs for disallowed deduction
Hyderabad-based pharmaceutical company Laurus Labs, on Wednesday, disclosed that the Income Tax Department has imposed a penalty of Rs 3.86
Delhi ITAT allows India-Luxembourg treaty benefit on tax residency certificate
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has allowed a Luxembourg-based taxpayer, that satisfied the provisions of
Budget 2025 should reduce tax, compliance burden on middle class and SMEs, says expert
Budget 2025: In the forthcoming budget for 2025-26, the government needs to reduce tax and compliance burden on the salaried
Income Tax dept released updated Utility Excel Based & JSON Schema for ITR-1 to ITR-7
The Income Tax department releases updated Utility Excel Based and JSON Schema for ITR-1,2,3,4,5,6 & 7. ITR 1 For individuals
DGFT released updated ‘Handbook on India’s Strategic Trade Control System’
India’s Strategic Trade Controls Handbook, now in its second edition, explores India’s evolving trade policies, focusing on SCOMET regulations, technological
DGFT; Addition of new laboratory in Para 4.73 of the Handbook of Procedures, 2023
The DGFT issued Public Notice No. 41/2024-25 dated January 15, 2025, includes GIA Laboratory, DMCC, Dubai, UAE in the list
DGFT issued SOP/Guidelines for Voluntary Disclosure of Non Compliance/ Violations related to Export of SCOMET Items and SCOMET Regulations
The DGFT vide Public Notice No. 40/2024-25 dated January 15, 2025 has issued standard operating procedure/ Guidelines for Voluntary Disclosure
CBIC notifies the Sea Cargo Manifest and Transshipment (First Amendment) Regulations, 2025
The CBIC vide Notification No. 02/2025-Customs (N.T.) dated January 15, 2025 notifies the Sea Cargo Manifest and Transshipment (First Amendment)
CBIC; Addition of Virochannagar, Ahmedabad, as a Customs Port in Gujarat
The CBIC vide Notification No. 01/2025-Customs (N.T.) dated January 14, 2025, amends its earlier notification No. 12/97-Customs (N.T.) issued on