Central Board of Direct Taxes has notified rules to regulate the procedure of the Dispute Resolution Panel (DRP) constituted under section 144C of the Income Tax Act, 1961 inserted by the Finance Act 2009. The rules came into effect from 20th Novembe ..
Acting chairman of Company Law Board R Vasudevan was arrested by CBI for allegedly taking bribe of Rs seven lakh from a company secretary to give a favourable verdict to a media house. Mr. Vasudevan was arrested from his official residence at HUDCO P ..
Central Board of Direct Taxes has notified rules to regulate the procedure of the Dispute Resolution Panel (DRP) constituted under section 144C of the Income Tax Act, 1961 inserted by the Finance Act 2009. The rules came into effect from 20th Novembe ..
Constitution of DRPs in eight cities notifiedCentral Board of Direct Taxes has notified rules to regulate the procedure of the Dispute Resolution Panel (DRP) constituted under section 144C of the Income Tax Act, 1961 inserted by the Finance Act 2009. ..
The Central Board of Excise & Customs (‘CBEC’) has issued a Circular F.No.354/189/2009-TRU dated 4.11.2009 clarifying that the exemption under notifications no. 22/2009-CE dated 07.07. 2009 and no.80/2009-Customs dated 07.07.2009 issu ..
The Finance Act, 2008 received the assent of the President of India on the 10th May, 2008 which contains provisions for direct and indirect taxes for fiscal year 2008-09. The Finance Bill was earlier approved by both the houses of Parliament. Consequ ..
Customs, Central Excise and Service Tax Figures for October 2009Customs, Central Excise and Service Tax Revenue (provisional) collection for the month of October 2009, along with the comparative data for the corresponding period of the previous year ..
With barely over four months left for the rollout of the goods and services tax, states on Tuesday proposed that the new tax regime should subsume most central indirect levies like excise and service tax as well as state taxes like VAT, making it eas ..
FM’s speech at meeting of Empowered Committee of State Finance Ministers on GSTFollowing is the text of speech delivered by Finance Minister Shri Pranab Mukherjee at the meeting of the Empowered Committee of State Finance Minister here today: & ..
Durgesh Shankar joins as Member CBDTShri Durgesh Shankar today joined as Member of the Central Board of Direct Taxes(CBDT). Shri Shankar belongs to 1973 batch of the Indian Revenue Service. Before joining the CBDT, he was a Chief Commissioner of Inco ..