News Update

CIC decides proceedings not to abate even if complainant diesGovt sets up Panel to update Voluntary Guidelines on Social, Environmental & Economic Responsibilities of Business12 lakh pax electric cars sold in 2017; up by 58% from 2016: UNCommerce Department to get new homeI-T - Interest income earned by assessee on account of fixed deposits for maintaining infrastructural facilities is not liable to be treated as income for deduction u/s 80IA: ITATCentre invites views on draft CSR guidelinesCanada passes bill to legalise use of marijuana from Oct 17, 2018GST - Govt modifies procedure for interception of conveyances for inspection of goods in movement & confiscation of such goodsVAT - Writ Court cannot step into shoes of Appellate Authority when, assessee has failed to respond to revision notice and also to discharge its onus to prove that its registered business place was shifted to different venue: HCIncome Tax - Prevalent market rate of rent is by itself no basis to reject actual rate of rent property: ITATGovt appoints Mr M K Sinha as new Joint Secy - TRU-IIDrive Against Shell Companies - A cul-de-sac!Exercising emergency powers u/s 8A of CTA, 1975, Central government increases import duties on goods falling under Chapters 7, 8, 28, 38, 72 & 73Liquor licences: Undoubtedly Taxable before as well as after GST Roll outMSME - Commercial credit exposure highest in last five quarters: SurveyMCA invites comments on Draft on cross-border insolvencyCCI gives nod to acquisition of Monsanto by Bayer AGSmuggling racket busted - Delhi DRI nabs 8 persons & seizes gold worth Rs 2.1 CroreShillong is selected as 100th city under Smart City MissionCBDT notifies PFC & Railway Finance Corp 54EC Capital Gains BondsGST Metered (See 'JEST GST on GST Home Page')