Income tax refunds of Rs. 70,572 crore have been issued in 1,92,45,556 cases & corporate tax refunds of Rs. 1,27,534 crore have been issued in 2,19,050 cases.
The Income Tax Department today carried out raids at the properties of film director Anurag Kashyap, actor Taapsee Pannu and filmmaker Vikas Bahl.
The Supreme Court on 2nd March 2021 held that Indian Companies need not deduct tax for the amount they pay foreign manufacturers and suppliers for use or re-sale of computer software through end-user license agreements (EULA).
Insurance Ombudsman (Amendment) Rules, 2020, were published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), dated 22nd December 2020.
The Cost Auditing and Assurance Standards Board (CAASB), the standard-setting body of the Institute, in its 39th meeting finalised the Exposure Draft of Standard on Quality Control (ED SQC) and approved its release seeking views of all stakeholders.
In accordance with the understanding between the ICSI and the Ministry of Corporate Affairs for the deployment of Resources on contract by ICSI, the ICSI invites applications for the post of CRC Executives.
MCA has issued an announcement regarding the planning of extension of a few of the provisions of the Companies Act, 2013 with some modifications and adaptations, to the LLP Act, 2008 vide its power drawn from Section 67(1) of the LLP Act, 2008.
MCA has inserted Rule 2A in the Companies (Specification of Definitions Details) Rules, 2014 to specify the classes of companies that are not considered as Listed Companies w.e.f. 1st April 2021.
It is pertinent to mention here that since the inception of GST Central Tax, Delhi Zone has made 28 arrests in various cases involving GST evasion amounting of more than Rs. 4058.86 crore.
Shri Piyush Goyal presides over the 3rd Governing Council Meeting of the Bureau of Indian Standard. BIS directed to map the industrial zones of the country and create lab testing infrastructure of world class accordingly.
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