- Notice issued u/s 153C based on satisfaction recorded by AO of searched person who also was AO of assessee was valid
- Petition alleging oppression and mismanagement to be dismissed as it was barred by limitation: NCLT
- Service tax wasn't leviable on rent paid towards gas container taken on lease from foreign supplier
- No reassessment if AO failed to establish link between tangible material & reason to believe that income had escaped
- Presence of guilty mind is a necessary to levy penalty under Karnataka CST Act: HC
- RBI amends FEMA regulation for Export of Goods and Services
- RBI excludes ‘Royal Bank of Scotland’ from second schedule of RBI Act
- SEBI issues clarification on enhanced supervision circular
- ST return from 01.04.2017 to 30.06.2017 to be submitted by August 15, 2017
- RBI asks banks to record details of transactions in Statement of Account