KNOWLEDGE HUB
Framework for Revival and Rehabilitation of Micro, Small and Medium Enterprises (MSMEs)
RBI/2015-16/338 FIDD.MSME & NFS.BC.No.21/06.02.31/2015-16 March 17, 2016 All Scheduled Commercial Banks (Excluding RRBs) Madam / Sir, Framework for Revival and Rehabilitation of Micro, Small and Medium Enterprises (MSMEs) In order to provide a simpler and faster...
ITAT Chandigarh Decision Us 36(1)(va) allowed deduction on late payment of PF/ESI Read with sec 43(B)
IN THE INCOME TAX APPELLATE TRIBUNAL, CHANDIGARH BENCHES, “SMC” CHANDIGARH BEFORE: SHRI. N.K.SAINI, VICE PRESIDENT / ITA No.221/Chd/2021/ Assessment Year : 2019-20 M/s Supermech Infrastructure Private Limited Vs ADIT, CPC Bangalore and AO- ITO Ward 2(1)...
ITAT Chandigarh Steel Strips Ltd Vs. DCIT Bad debts and Prior Period expenses allowed as deduction.
IN THE INCOME TAX APPELLATE TRIBUNAL, CHANDIGARH BENCH “B”, CHANDIGARH BEFORE: SHRI. N.K.SAINI, VP & SHRI , SANJAY GARG, JM / ITA NO. 1000/Chd/2019 / Assessment Year : 2016-17 M/s Steel Strips Wheels Ltd. Vs The DCIT /Date of Pronouncement: 29/01/2020 Order PER...
ITAT Chandigarh Order Noor Resorts Pvt. Ltd. Vs. The Pr. CIT Himachal Pradesh.
IN THE INCOME TAX APPELLATE TRIBUNAL, CHANDIGARH BENCH “A”, CHANDIGARH BEFORE: SHRI. N.K.SAINI, VP & SHRI , R.L. NEGI, JM ./ ITA NO. 309/Chd/2020 / Assessment Year : 2015-16 Noor Resorts Private Limited Vs. The Pr. CIT...
SC order on Loan Moratorium
The Supreme Court on Tuesday rejected the pleas from various trade associations and corporate bodies to extend the six-month loan moratorium period offered by the Reserve Bank of India (RBI), adding that a complete waiver of interest during the moratorium could not be...
Complete TDS Rates DTAA Vs. Income Tax Act
There is always difficult to find DTAA rates when we have to make a foreign payment to a party, Income tax rates can be found easily but to find DTAA rates you have to check each DTAA every time which is quite daunting tasks, We have compiled complied complete list of...
RBI Complete Statement 22nd May 2020
Statement on Developmental and Regulatory Policies This Statement sets out various developmental and regulatory policy measures to improve the functioning of markets and market participants; measures to support exports and imports; efforts to further ease...
TDS,TCS revised rates applicable from 14th May 2020 for A.Y. 2020-21
Reduction in rate of Tax Deduction at Source (TDS) & Tax Collection at Source (TCS) In order to provide more funds at the disposal of the taxpayers for dealing with the economic situation arising out of COVID-19 pandemic, the rates of Tax Deduction at Source (TDS)...
Finance Minister of India announced Rs 1.7 lakh crore relief package.
Finance minister announced various measures for poor section of society. Today's measures are aimed at people who are immediate need of food, money and cooking gas, said FM Sitharaman.Workers' welfare fund of Rs 31,000 crore to be utilised for construction workers. We...
EXCISE POLICY OF U.T. CHANDIGARH FOR THE YEAR 2020-21
The Excise Policy 2020-21 (commencing from 01st April, 2020 to 31st March, 2021) has been approved by the Administrator, U.T., Chandigarh. The new Excise Policy for the year 2020-21 aims at balancing the aspirations of the citizens, consumers, manufacturers,...