Table of Contents Notification No. 08/2020 – Central TaxNote:Download the copy: Notification No. 08/2020 – Central Tax G.S.R……(E). – In exercise of the powers conferred by section 164 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on the
Table of Contents DIRECT TAXESINTRODUCTIONA. TAX RATES1. Alternative Tax Rates Slab for Individuals and HUFDownload the copy: DIRECT TAXES INTRODUCTION The Finance Minister presented her Second Budget on 1st February 2020. This budget was presented in the backdrop of the economic slowdown. The Indian economy
Table of Contents New Income Tax Regime – Structural Shift in Taxation under Income Tax Act 1961AnalysisCalculation of Tax under both Tax Regimes: Pros of New Income Tax Regime:Cons of the New Tax Regime:Who will opt for New Tax Regime:Ending Remarks: New Income Tax Regime –
Table of Contents Case Covered:Case Summary:Facts of the case:Allegations and NCLT Ruling:Download the copy: Case Covered: Cyrus Investments Private Limited & Another Versus Tata Sons Limited & Others Case Summary: The National Company Law Tribunal, Mumbai Bench (“NCLT”) delivered a landmark decision in the case
To, 1. All Exporters/Member of Trade 2. All Designated Agencies under FTAs/PTAs 3. Embassy of the Republic of Korea in India/Embassy of India in Seoul Subject: Online filling and Issuance of Preferential Certificate of Origin under India Korea Comprehensive Economic Partnership Agreement (IKCEPA) for India’s
Table of Contents Trade Notice No. 52/2019-20Instruction 02/2020-CustomsDownload the copy: Trade Notice No. 52/2019-20 To, RA’s of DGFT All EPC’s/Commodity Board Subject: Steps taken by CBIC to facilitate clearances in view of situations arising due to the Corona Virus. It is to bring to the
Who is required to apply for LUT? All taxpayers engaged in the export of goods and/or services can apply for LUT. There are two options for making an export. Section 16 of IGST provide for: Export on payment of IGST and claim refund. Export on
Table of Contents Lifting of Corporate VeilBlack Law’s Dictionary defines piercing of corporate veil as follows:English Law:Indian Law:(i) Judicial Grounds:(ii) Statutory Provisions:Conclusion:Download the copy: Lifting of Corporate Veil Black Law’s Dictionary defines piercing of corporate veil as follows: “the judicial act of imposing personal liability
Table of Contents MCA exempts experienced Key Managerial Personnel and Directors from Online Test on Appointment of Independent Directors Note:-Download the copy: MCA exempts experienced Key Managerial Personnel and Directors from Online Test on Appointment of Independent Directors G.S.R._(E):- In exercise of the powers conferred by
Table of Contents Case Covered:Facts of the case:Observations of the Tribunal:Order of the Tribunal:Download the copy: Case Covered: Jagdish Dhanajirao Jadhav Versus The Income Tax Officer Facts of the case: The brief facts in the case are that the assessee is an individual engaged in
