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Income-tax (Eighth Amendment) Rules, 2024
Publish Date : Tuesday, October 15, 2024 source
HC Dismissed Writ as Assessee Didn’t Avail Opportunity of Personal Hearing Nor Submitted Explanation Clarifying Discrepancies
Case Details: Max Hair Clinic (P.) Ltd. v. State Tax officer - [2024] 167 taxmann.com 553 (Madras) Judiciary and Counsel Details Krishnan Ramasamy, J. N. Viswanathan, for the Petitioner. T.N.C. Kaushik, Addl. Govt. Pleader for the Respondent. Facts of the Case The petitioner was served with a notice to show cause as to why the entire […]
CBDT extends specified date for filing of various reports of audit for the Assessment Year 2024-25
Publish Date : Monday, September 30, 2024 Attachments : 1. https://incometaxindia.gov.in/Lists/Press Releases/Attachments/1201/Press-Release-CBDT-extends-specified-date-for-filing-of-various-reports-of-audit-for-the-Assessment-Year 2024-25-dated-30-09-2024.pdf source
CBDT issues clarification in respect of Income-tax clearance certificate (ITCC)
Publish Date : Tuesday, August 20, 2024 Attachments : 1. https://incometaxindia.gov.in/Lists/Press Releases/Attachments/1196/Press-Release-CBDT-issues-clarification-in-respect-of-Income-tax-clearance-certificate-ITCC-dated-20-08-2024.pdf source
Condonation of delay under clause (b) of sub-section (2) of section 119 of the Income-tax Act, 1961 for returns of income claiming deduction u/s 80P of the Act for Assessment Year 2023-24
Publish Date : Wednesday, October 30, 2024 source
SEBI Proposes Review of Framework on Alignment of Interest of Designated Employees of AMCs With Interest of Unitholders
Consultation Paper; dated: 06.11.2024 SEBI has released a consultation paper on a review of the regulatory framework on alignment of the interest of designated employees of an asset management company (AMC) with the interest of unitholders. Currently, AMCs are required to invest 20% of a designated employee’s total remuneration, including non-cash compensation, in schemes over […]
Income-tax (Ninth Amendment) Rules, 2024
Publish Date : Wednesday, October 16, 2024 source
Notification of Tolerance Range for Transfer Pricing for A.Y 2024-25 as per proviso to sub-rule (7) of rule 10CA of the Income-tax Rules, 1962
Publish Date : Tuesday, October 29, 2024 Attachments : 1. https://incometaxindia.gov.in/Lists/Press Releases/Attachments/1210/Notification-of-Tolerance-Range-for-Transfer-Pricing-for-AY-2024-25-29-10-2024.pdf source
RBI Mandates Deposit-Taking Housing Finance Companies to Maintain Liquid Assets to Extent of 15% of Public Deposits
Circular No. RBI/2024-25/61 DOR.FIN.REC.No.34/03.10.136/2024-25, Dated: 12.08.2024 Earlier, the RBI advised that further harmonisation of regulations applicable to Housing Finance Companies (HFCs) & Non-Banking Finance Companies (NBFCs) would be undertaken in a phased manner. Accordingly, based on a review of the extant regulations applicable to HFCs, the RBI has now decided to issue the revised regulations. […]
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