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FAOs And JAOs Have Concurrent Jurisdiction For Assessment, Re-assessment Or Re-Computation U/S 147 Income Tax Act: Madras High Court
3 days, 22 hours ago

FAOs And JAOs Have Concurrent Jurisdiction For Assessment, Re-assessment Or Re-Computation U/S 147 Income Tax Act: Madras High Court

Live Law  

The Madras High Court recently clarified that both the Faceless Assessment Officer and Jurisdictional Assessment Officer have concurrent jurisdiction as far as assessment, re-assessment or re-computation under Section 147 of the Income Tax Act. In such case, the FAO will not have any jurisdiction to make assessment, re-assessment or re-computation…As far as the issuance of notice under Section 148 of …

Jurisdiction Tax Court Assessment Income Notice Act
Major reforms expected by key sectors in Budget 2024, will it deliver?
5 months, 2 weeks ago

Major reforms expected by key sectors in Budget 2024, will it deliver?

New Indian Express  

With the first Union Budget after the Lok Sabha elections all set to be unveiled, there are great expectations regarding major policy and tax reforms. These expectations include: A new subsidy scheme similar to FAME II with a more comprehensive coverage; Streamlining policies towards R&D efforts in battery technology and grid integration for development of a widespread and reliable charging …

India Tax Manufacturing Sector Gst Faceless Assessment
Direct Tax Weekly Round-Up: 14 To 20 July 2024
5 months, 2 weeks ago

Direct Tax Weekly Round-Up: 14 To 20 July 2024

Live Law  

Bombay High Court JAO Cease To Have Jurisdiction To Issue Reassessment Notice Outside Faceless Assessment: Bombay High Court Case Title: Royal Bitumen Private Limited, Mumbai Vs. Assistant Commissioner of Income-Tax The Bombay High Court has held that the Jurisdictional Assessing Officer would cease to have jurisdiction to issue any notice under Section 148A and to take further actions under Section …

Kerala Tax Court Title Kerala High Court Held High
Delhi High Court Monthly Digest: May 2024 [Citations 523 - 665]
7 months ago

Delhi High Court Monthly Digest: May 2024 [Citations 523 - 665]

Live Law  

Citations 2024 LiveLaw 524 to 2024 LiveLaw 665 NOMINAL INDEX AMARJEET GUPTA v. ELECTION COMMISSION OF INDIA & ORS 2024 LiveLaw 524 ANIL KUMAR HAJELAY & ORS. 2024 LiveLaw 662 Colgate Palmolive Company & Ors v State of NCT & Anr & Connected matters 2024 LiveLaw 663 Jaipuria Edutech Foundation vs. Shyamlalbabu Educational Trust 2024 LiveLaw 664 Sanjay Khatri vs. …

Delhi High Court Court Bar Council Customs Income Tax Delhi High Court
Labels celebrate India but ‘karigars’ remain faceless
1 year, 9 months ago

Labels celebrate India but ‘karigars’ remain faceless

Live Mint  

Now that all the memes and look-who-I-met selfies at the recent Dior show in Mumbai have stopped cluttering social media feeds, let’s look at that one person without whom this “historic moment” wouldn’t have been possible: the karigar. From the moment an Indian model opened the luxury brand’s fall 2023 col-lection showcase on 30 March, walking the cobbled path of …

India Mumbai Indian Work Know Mishra Dior
'Faceless and nameless' troll writes open letter to Chief Justice of India to protect his freedom of expression
3 years, 1 month ago

'Faceless and nameless' troll writes open letter to Chief Justice of India to protect his freedom of expression

Op India  

Dear Chief Justice of India, On behalf of all faceless nameless social media trolls, I am writing this letter. Trolls are the ones who criticise powerful people, politicians, law makers, bureaucrats, journalist celebrities, intellectuals, civil society, businessmen, Judiciary and Courts too. As I had mentioned earlier, we are called trolls by people who don’t like to be criticised, with due …

Law India Judiciary Court Trolls Freedom Order
How helpful are Delhi's 'faceless' RTOs? A reality check
3 years, 2 months ago

How helpful are Delhi's 'faceless' RTOs? A reality check

India Today  

Aryan Purthi is a 19-year-old university student. “The process of applying for the learner’s licence and taking the date for the driving test was smooth,” Purthi said, praising the Kejriwal government’s push for the “faceless” RTOs. It is cheaper than the money we used to pay to touts.” Swift processing of applications According to Delhi’s Transport Department, between August 7 …

Delhi Services Applications Online Licence Rto Problems
Driving license (DL) sitting at your home in Delhi: 10 things to know
3 years, 4 months ago

Driving license (DL) sitting at your home in Delhi: 10 things to know

Live Mint  

Delhi Chief Minister Arvind Kejriwal launched faceless transport services in Delhi on 11 August. Under this initiative, 33 transport services - including online learner’s licence tests, vehicle registration, permits, etc. Kejriwal termed faceless transport services as a revolutionary step for 21st Century India. 1) Under the faceless services of the Transport department, people can now apply for an online test …

India Delhi Transport Services Licence Kejriwal Faceless
Customs to Roll Out Pan-India Faceless Assessment for All Imports by Oct 31
4 years, 4 months ago

Customs to Roll Out Pan-India Faceless Assessment for All Imports by Oct 31

News 18  

New Delhi: The Customs Department will roll out pan-India faceless assessment for all imported goods by October 31, the Central Board of Indirect Taxes and Customs has said. ”Board has decided to roll out the Faceless Assessment at an all India level in all ports of import and for all imported goods by October 31, 2020,” the CBIC said in …

India Customs Assessment Ports Imported Goods Cbic Faceless Assessment
How covid-19 is driving big reforms in ease of doing business
4 years, 6 months ago

How covid-19 is driving big reforms in ease of doing business

Live Mint  

NEW DELHI: When finance minister Nirmala Sitharaman met business heads February to assess how the coronavirus pandemic could impact India’s industry, the immediate fear conveyed was the shortage of raw materials from China. The fear of imported raw material supplies drying up has since then set off a series of steps towards a big makeover of India’s handling of cross …

Business India Customs Assessment Faceless Assessment Faceless Cross Border Trade
A summary of the Union Budget speech 2020: What all has the government promised
4 years, 11 months ago

A summary of the Union Budget speech 2020: What all has the government promised

India TV News  

Budget 2020 Summary Presenting her second union budget on the trot, Union Finance Minister Nirmala Sitharaman literally spared no effort in presenting the annual document, making history of sorts by delivering a speech that lasted a whopping 160 minutes. The Union Budget 2020 has been structured on the overall theme of “Ease of Living,” This has been achieved by farmer-friendly …

Government Finance India Infrastructure Tax Budget Economic Development
Full text of Budget 2020 speech by Finance Minister Nirmala Sitharaman
4 years, 11 months ago

Full text of Budget 2020 speech by Finance Minister Nirmala Sitharaman

India Today  

Finance Minister Nirmala Sitharaman on Saturday presented the second Union Budget of the Modi 2.0 government. Tax concession for foreign investments " In order to incentivise the investment by the Sovereign Wealth Fund of foreign governments in the priority sectors, I propose to grant 100% tax exemption to their interest, dividend and capital gains income in respect of investment made …

Government Finance India Climate Change Indian Railways Infrastructure Governance
India starting faceless tax assessment regime to forestall discretion in tax collection: PM Narendra Modi
5 years, 2 months ago

India starting faceless tax assessment regime to forestall discretion in tax collection: PM Narendra Modi

Live Mint  

India is rolling out "faceless tax assessment" system to forestall any discretion or harassment in tax collection, Prime Minister Narendra Modi said on Sunday as he highlighted major reform initiatives launched by his government in the financial sectors in the last five years. We are now starting faceless tax assessment so that there is no scope for discretion or harassment," …

Business India Prime Tax Minister Modi His Government