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  • October 25, 2023

AA Erred in Rejecting Section 9 Plea Where Undisputed Overdues to Creditor Were Admitted by Corporate Debtor | NCLAT

Case Details: Clicbrics Technologies (P.) Ltd. v. Ansal Housing Ltd. - [2023] 155 taxmann.com 76 (NCLAT-New Delhi) Judiciary and Counsel Details Justice Ashok Bhushan, Chairperson & Barun Mitra, Technical Member Vinod Kr. Chaurasia, Adv. for the Appellant. Vikas Tiwari, Kumar Deepraj, Advs. & Anchit, AR for the Respondent. Facts of the Case In the instant case, an MoU was […]

  • October 23, 2023

CBIC Restricts Refund on Metallised Polyester Film/Plastic Film Under Inverted Duty Structure | Notification

Notification No. 20/2023 dated October 19th, 2023 The CBIC has issued notification to provide that no refund to be allowed on polyester film (metallised)/plastic film on account of inversion i.e. under inverted duty structure. Notably, the GST rate on zari thread or yarn, known by various trade names, has been reduced from 12% to 5% […]

  • October 23, 2023

​Income-tax Amendment (Twenty-fifth Amendment), Rules, 2023​

Publish Date : Monday, October 16, 2023 source

  • October 23, 2023

Income Tax Department Conducts Search and Seizure Operation in Jammu and Kashmir

Publish Date : Wednesday, October 11, 2023 Attachments : 1. https://incometaxindia.gov.in/Lists/Press Releases/Attachments/1159/Press-Release-ITD-Conducts-Search-and-Seizure-Operation-In-Jammu-and-Kashmir-dated.pdf source

  • October 22, 2023

[World Tax News] Malaysia Presents Budget 2024 | Extends Tax Relief for Providing EV Charging Facility and More

Editorial Team – [2023] 155 taxmann.com 425 (Article) World Tax News provides a weekly snippet of tax news from around the globe. Here is a glimpse of the tax happening in the world this week. (1) Malaysia Presents Budget for 2024; extends tax relief for providing EV charging facility Malaysia tabled its Budget for 2024 […]

  • October 21, 2023

​Income-tax (Twenty Sixth Amendment) Rules, 2023

Publish Date : Thursday, October 19, 2023 source

  • October 21, 2023

CBDT Notifies Form No. 56F to Be Furnished by Assessee Claiming Deduction u/s 10AA

Notification No. 91 /2023, dated 19-10-2023 The Central Board of Direct Taxes (CBDT) has inserted a new Rule 16D to the Income-tax Rules 1962 vide the Income-tax (26th Amendment) Rules, 2023. Said rule provides that the report of an accountant, which is required to be furnished by the assessee under section 10AA(8) read with section […]

  • October 21, 2023

Income Tax Department conducts searches in Tamil Nadu and Puducherry Region

Publish Date : Wednesday, October 18, 2023 Attachments : 1. https://incometaxindia.gov.in/Lists/Press Releases/Attachments/1162/Press-Release-ITD-conducts-searches-in-Tamil-Nadu-and-Puducherry-Region.pdf source

  • October 20, 2023

NCLT Admits CIRP Plea Against Construction Co. for Failing to Deposit NHAI’s Toll Revenue in Escrow a/c of FC

Case Details: IDBI Bank Ltd. v. Trichy-Thanjavur Expressways Ltd. - [2023] 155 taxmann.com 123 (NCLT-Hyd.) Judiciary and Counsel Details Dr Venkata Ramakrishna Badarinath Nandula, Judicial Member & Charan Singh, Technical Member Trivikram Chitturu, Counsel for the Applicant. Vikram Poosarla, Sr. Counsel for the Respondent. Facts of the Case In the instant case, the corporate debtor entered into a […]

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