Sunday, December 27, 2020
Wednesday, December 23, 2020
Tuesday, December 22, 2020
Thursday, December 17, 2020
Tuesday, December 15, 2020
Friday, December 11, 2020
Sunday, December 6, 2020
Saturday, December 5, 2020
Friday, December 4, 2020
Tuesday, December 1, 2020
Monday, November 30, 2020
Sunday, November 29, 2020
Saturday, November 28, 2020
Wednesday, November 25, 2020
Tuesday, November 24, 2020
Monday, November 23, 2020
Friday, November 20, 2020
Delhi High Court quashes Show Cause Notice by DGFT in respect of DEL, Imposes 25K Cost to DGFT [Read Judgment]
The Delhi High Court quashed the Show Cause Notice passed by Assistant DGFT against Nautilus Metal Craft in respect of Denied Entity List (DEL). The petitioner that it deals mainly with readymade garments and made ups and for the same it procures orders from countries such as the USA, different companies of South America, Europe, […]from Taxscan | Simplifying Tax Laws https://ift.tt/3lPuALz
CIT(A) rightly treated the fixed deposit interest income under the “Income from Business & Profession” instead of “Income from Other Sources”: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench said that the CIT(A) rightly treated the fixed deposit interest income under the “Income from Business & Profession” instead of “Income from Other Sources”. The assessee, M/s. National Film Development Corporation Ltd. is engaged in the business of distribution of films, film production, film finance, media campaign, […]from Taxscan | Simplifying Tax Laws https://ift.tt/330Qd4f
Provisional Attachment Order ceases to have effect after 180 Days if no order has been passed: Delhi High Court quashes Authority’s Summons & Notices [Read Judgment]
The Delhi High Court while quashing the summons and notices issued by the Adjudicating Authority held that the Provisional Attachment Order ceases to have effect after 180 Days if no order under Section 8(3) of the Prevention of Money Laundering Act, 2002 has been passed. The petition raised an interesting question of the effect of […]from Taxscan | Simplifying Tax Laws https://ift.tt/36Uou6o
Income Tax Department conducts searches at various locations in Uttar Pradesh
The Income Tax Department started a search and survey action on 18/11/2020 in the case of a leading cattle feed producer in Northern India. The search and survey actions are being carried out at 16 locations in Kanpur, Gorakhpur, Noida, Delhi, and Ludhiana. The main allegations against the group are that it has taken accommodation […]from Taxscan | Simplifying Tax Laws https://ift.tt/331rjS0
Plea challenging Section 16(4) of the CGST Act for denying ITC if not claimed within due date of Furnishing of Return: Calcutta HC issues notice [Read Order]
The Calcutta High Court has issued notice to the Centre and State Government on the plea challenging the constitutional validity and vires of Section 16(4) of the CGST Act, 2017 and of West Bengal Goods and Service Tax Act, 2017. The validity is challenged to the extent that it seeks to deny Input Tax Credit […]from Taxscan | Simplifying Tax Laws https://ift.tt/36QTELY
CA Exams Nov 2020: ICAI allows candidates to file Observations on Question Papers
The Institute of Chartered Accountants of India ( ICAI ) has allowed the Observations of the candidates on the question papers of CA examinations– November 2020. The ICAI said that, the candidates can bring to the notice of the Examination Department, their observations, if any, on the question papers relating to CA Examinations being held […]from Taxscan | Simplifying Tax Laws https://ift.tt/35NcKTJ
Thursday, November 19, 2020
Vijaya Bank is a ‘Financial Company’ and is entitled to avail the benefit of Deduction u/s 36(1)(viii): Karnataka High Court [Read Judgment]
The Karnataka High Court held that the assessee, Vijaya Bank is a ‘Financial Company’ and is entitled to avail the benefit of deduction under Section 36(1)(viii) of the Income Tax Act. The assessee, M/s Vijaya Bank is a Banking Company. The Assessing Officer disallowed the deduction claimed under Section 36(1)(viii) of the Act in respect […]from Taxscan | Simplifying Tax Laws https://ift.tt/3lSEYCc
CA Exams November 2020: ICAI notifies Changes in certain Examination Centre or Minor Correction in the Address
The Institute of Chartered Accountants of India (ICAI) has made changes in the venue or minor correction of 5 exam centers for the CA November exam 2020. An official notice regarding this decision has been uploaded on the institute’s official website. The Bord notified the changes in 5 cities namely Delhi, Ahmedabad, Mumbai, Chennai and […]from Taxscan | Simplifying Tax Laws https://ift.tt/32ZOJXZ
ICAI issues Advisory to candidates appearing for CA Examination November 2020
The Institute of Chartered Accountants of India (ICAI) issued the Advisory to the candidates who are appearing for CA Examination in November 2020. The Institute has come across postings on Social Media by some students stating that despite being tested COVID-19 positive, they intend to appear for the CA Examinations in November 2020. The ICAI […]from Taxscan | Simplifying Tax Laws https://ift.tt/2KoEmXa
Kerala High Court restrains Revenue from recovering amount refunded as levy of Service Tax in lieu of Foreign Agency Commission [Read Order]
The Kerala High Court restrained the Revenue from recovering the amounts refunded since as of now the levy of service tax on the payment in lieu of foreign agency commission will not be leviable as ‘Business Auxiliary Service‘ prior to April 18, 2006. The appellant, M/s Uniroyal Marine Exports Ltd. is a processor and exporter […]from Taxscan | Simplifying Tax Laws https://ift.tt/3lLAjSz
ICAI notifies scheduled date for Jan/Feb CA Exams
The Institute of Chartered Accountants of India (ICAI) has notified 21 January 2021 as a scheduled date for January or February CA Exams. “In continuation of Announcement dated 7th November 2020, it is informed that January/February 2021 examination will commence from 21 January 2021 in all cities where exams are currently scheduled for November 2020 […]from Taxscan | Simplifying Tax Laws https://ift.tt/36RHJNM
Gujarat High Court refuses to grant Anticipatory Bail to CGST Inspector alleged of Corruption [Read Order]
The Gujarat High Court refused to grant anticipatory bail to CGST Inspector alleged of corruption. The applicant, Gaurav Kumar Sudhashankarnkumar Arora is appointed as the Inspector in the office of the Central G.S.T. at Surendranagar and is serving in the said Department since the year of 2016. A FIR was lodged by the complainant, Mr. […]from Taxscan | Simplifying Tax Laws https://ift.tt/394tnw6
GST Evasion: DGGI Nagpur arrests prominent Builder in a case of availment of Fraudulent Input Tax Credit of Rs. 4.86 Cr on Fake Invoices
The officials of DGGI, Nashik Regional Unit of DGGI, Nagpur Zonal Unit arrested a prominent builder of Nashik in an ongoing investigation regarding availment of fraudulent Input Tax Credit on fake invoices. Information had been received by DGGI that the Builder was availing fraudulent Input Tax Credit on fake invoices issued by non-existent entities and […]from Taxscan | Simplifying Tax Laws https://ift.tt/38W79MV
Amount paid to Partner upon retirement towards his Share in Assets not liable to Capital Gain: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench held that the amount paid to partner upon retirement towards his share in assets not liable to capital gain. The assessee, Dr. Vithal V. Kamat, became a partner in the partnership firm called M/s. Sports Field Construction vide deed of partnership. The details of other partners who […]from Taxscan | Simplifying Tax Laws https://ift.tt/3pKindx
Power of Seizure of Goods can be resorted to only when the Officer has ‘reasons to believe’ the goods are liable to confiscation: Allahabad HC [Read Order]
The Allahabad High Court while ordering the release of the goods and vehicles held that the power of seizure of goods can be resorted to only when the officer has ‘reasons to believe’ that the goods are liable to confiscation. The petitioners, Jaymatajee Enterprise (Seller) And Another received an order from one M/s Jagdamba Enterprises […]from Taxscan | Simplifying Tax Laws https://ift.tt/38TObqg
RBI relaxes certain requirements for Housing Finance Institutions [Read Notification]
The Reserve Bank of India (RBI) relaxed certain requirements for Housing Finance Institutions. The RBI has issued this notice in supersession of the earlier notification dated 19th November, 2019. “The provisions of Sections 45-IA, 45-IB and 45-IC of the Reserve Bank of India Act, 1934 shall not apply to a non-banking financial company which is […]from Taxscan | Simplifying Tax Laws https://ift.tt/330tUvl
GST Evasion: Patiala House Court refuses to grant bail to accused for passing ITC without any actual payment of GST [Read Order]
The Patiala House Court refused to grant bail to the accused for passing ITC without any actual payment of GST. The Senior Counsel for the accused/applicant has prayed for a grant of bail on the ground of parity with the co-accused. It is alleged that the companies owned and controlled by accused Rakesh Kumar Goyal […]from Taxscan | Simplifying Tax Laws https://ift.tt/2IV1N9B
Gambling in India is Shifting Online
Physical gambling in India is not fully legal right now, but it’s mentioned in all of its historic books. Set in almost 8000 years BC, the Indian Ramayana and Mahabharata have multiple mentions of gambling games played on boards with dice and other tools. The Mahabharata is actually said to have taken place due to […]from Taxscan | Simplifying Tax Laws https://ift.tt/2IO0edQ
Person bearing Excise Duty, not leviable in law is entitled to claim refund subject to limitation prescribed in Section 11B: Madras HC [Read Judgment]
The Madras High court while dismissing the appeal held that the person who has borne the incidence of Excise Duty, which was not leviable in law is entitled to claim refund of the same, subject to his locus standi and the limitation prescribed in Section 11B of the Income Tax Act. The Appellant Company, M/s.Chennai […]from Taxscan | Simplifying Tax Laws https://ift.tt/3kKMihU
Relief to Reliance Industries: ITAT deletes addition of Sales Tax Incentive/subsidy holding it as Capital in Nature [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench deleted the addition of sales tax incentive/subsidy holding it as capital in nature. The assessee, Reliance Industries Ltd. is engaged in the business of oil and gas exploration, refining of crude oil, manufacturing of and trading in petrochemicals, polyester, fiber intermediates, textiles, generation and distribution of power, […]from Taxscan | Simplifying Tax Laws https://ift.tt/2HfGhMp
Wednesday, November 18, 2020
IBBI notifies Insolvency Resolution Process for Corporate Persons (Fifth Amendment) Regulations, 2020 [Read Notification]
The Insolvency and Bankruptcy Board of India (IBBI) notified the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Fifth Amendment) Regulations, 2020 which seeks to amend the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016. The Insolvency and Bankruptcy Code, 2016 enables a financial creditor, […]from Taxscan | Simplifying Tax Laws https://ift.tt/3kJKIgm
CS Exams 2020: ICSI issues Candidate User Manual for Remote Proctored Examination
The Institute of Company Secretaries of India (ICSI) issued the Candidate User Manual for Remote Proctored Examination. The manual guides about the procedure in respect of System Requirement Check; Entering the Login Credentials, Confirm Attendance and Sign In; Read Rules, Agree and Proceed; Auto Equipment Check; Enter the Personal Details, as required; Confirm the information […]from Taxscan | Simplifying Tax Laws https://ift.tt/2KdEs3E
IBBI notifies Information Utilities (Amendment) Regulations, 2020 [Read Notification]
The Insolvency and Bankruptcy Board of India (IBBI) notified the Insolvency and Bankruptcy Board of India (Information Utilities) (Amendment) Regulations, 2020 which seeks to amend the Insolvency and Bankruptcy Board of India (Information Utilities) Regulations, 2017. The Regulation defines financial information to mean certain records and ‘such other information as may be specified’. In exercise […]from Taxscan | Simplifying Tax Laws https://ift.tt/3306030
Plea challenging Levy of GST on Hand Sanitizers under the same Tariff Heading as insecticides etc. required to be filed in HC: SC
The Supreme Court directed the petitioner challenging the levy of GST on hand sanitizers under the same Tariff Heading as insecticides etc. to file the petition in the High Court. The controversy revolves around the levy of GST on sanitizers primarily concerned with two Tariff Headings i.e. 3808 and 3004. The Headings 3808 relates to […]from Taxscan | Simplifying Tax Laws https://ift.tt/3nAxy75
GSTN issues Advisory on E-Invoicing
The Goods and Service Tax Network (GSTN) issued the updates on e-invoicing. The GSTN stated that a certain set of taxpayers had started e-invoicing from 1st October, 2020. In the month of October, 2020, about 4.95 Crore invoices were generated by 27400 GSTINs. The list of GSTINs (State-wise, along with Name of entity) who are […]from Taxscan | Simplifying Tax Laws https://ift.tt/3lGxBxy
New Age Auditors: ICAI launches 1st Batch of the Virtual Executive Master Program
The Centre for Audit Quality of Institute of Chartered Accountants of India ( ICAI ) launch of 1st Batch of the Virtual Executive Master Program creating New Age Auditors. The Institute of Chartered Accountants of India (ICAI) over the years, has reinforced the role that the accountancy profession plays in providing high quality financial information, facilitating […]from Taxscan | Simplifying Tax Laws https://ift.tt/396t04z
IBBI amends Regulations relating to Corporate Insolvency proceedings [Read Notification]
The Insolvency and Bankruptcy Board of India (IBBI) amended Regulations relating to corporate insolvency proceedings which came to be known as the Insolvency and Bankruptcy Board of India (Liquidation Process) (Fourth Amendment) Regulations, 2020. There may be a creditor who may not be willing to wait for the completion of the liquidation process for realisation […]from Taxscan | Simplifying Tax Laws https://ift.tt/3fc6YhO
GST Evasion: Inter-State Fake Invoice racket with fake transactions valued at over Rs. 131 Cr value busted by DGGI involving fraudulent Input Tax credit of Rs. 26.09 Crore
An Inter-State fake invoice racket with fake transactions valued at over Rs. 131 Crore involving 3 Taxpayers, one based in Maharashtra and 2 based in Karnataka, was busted by the officers DGGI, Nagpur Zonal Unit yesterday. On the basis of intelligence developed using online tools, searches were conducted in remote areas of Chandrapur District against […]from Taxscan | Simplifying Tax Laws https://ift.tt/2IODY3e
GST Evasion: Patiala House Court grants Bail to person alleged of taking Fake ITC Credit [Read Order]
The Patiala House Court granted the bail to a person alleged of taking fake Input Tax Credit (ITC). The applicant, Ashish Aggarwal is accused of taking fake Input Tax Credit (ITC) filed the application for the bail on the grounds that the accused is aged about 44 years of age and is suffering from severe […]from Taxscan | Simplifying Tax Laws https://ift.tt/3kG6Vvy
Financial Analyst vacancy in Amazon
Amazon has invited applications for the post of Financial Analyst. The Financial Analyst will be responsible for coordinating and representing the interests of Finance Operations receivables group within Amazon in the areas of Collections & Remittance Application for Amazon Internet Services Private Limited (AISPL). Job Duties: This person will manage several projects and drive these […]from Taxscan | Simplifying Tax Laws https://ift.tt/3pyqRnX
Tuesday, November 17, 2020
Transaction can’t be regarded as colorable merely on the basis that assessee claimed Depreciation on Goodwill in Amalgamation Scheme: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench held that the transaction can not be regarded as a colorable device merely on the basis that assessee claimed depreciation on goodwill in amalgamation scheme. The assessee, Urmin Marketing Pvt. Ltd. known as Unicorn Packaging LLP “Urmin House” is a Private Limited Company. The assessee company took […]from Taxscan | Simplifying Tax Laws https://ift.tt/35GaNZd
Deduction u/s 54 can’t be denied for non-completion of construction of new residential house within 3 years: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore Bench held that the deduction under Section 54 can not be denied for non-completion of construction of a new residential house within 3 years. The assessee, Estate of Late Dr. S. Zakaulla Masood, Legal representative, Mr. Mohammed Aatif Masoo was a co-owner of a residential house. By a […]from Taxscan | Simplifying Tax Laws https://ift.tt/2UzSpuD
Giving Information of an Ongoing Investigation to its informer is not only inappropriate, but also injurious: Delhi High Court [Read Order]
The Delhi High Court held that providing information about an ongoing investigation to its informer is not only inappropriate but also injurious to ongoing investigation. The investigation unit of the Income Tax Department received a Tax Evasion Petition filed by Rajiv Yadhuvanshi against Vandana Sodhi and Sandeep Sumbly. The Tax Evasion Petition was addressed to […]from Taxscan | Simplifying Tax Laws https://ift.tt/3fljv2x
Centre places private-sector lender Lakshmi Vilas Bank under a moratorium and restricts withdrawals of more than Rs.25,000 [Read Notification]
The Centre has placed private-sector lender Lakshmi Vilas Bank Ltd. under a moratorium and has restricted withdrawals of more than Rs.25,000 for one month till December 16, 2020. The step was taken by the government, on the advice of the Reserve Bank of India (RBI), in view of the declining financial health of the private […]from Taxscan | Simplifying Tax Laws https://ift.tt/2H80iEy
Telangana decides to go for Option-1 to meet the GST implementation shortfall
The Government of Telangana has communicated its acceptance for Option-1 out of the two options suggested by the Ministry of Finance to meet the shortfall in revenue arising out of GST implementation. The State has now joined 22 other States and 3 Union Territories (Delhi, Jammu & Kashmir, and Puducherry) who have opted for Option-1. […]from Taxscan | Simplifying Tax Laws https://ift.tt/35GeVIV
75% Waiver in Registration Fee for Students pursuing Chartered Accountancy course from UT of Ladakh: ICAI opens Representative office in Leh
The Institute of Chartered Accountants of India (ICAI) has opened the Representative office in Leh. The ICAI is a statutory body established under the Chartered Accountants Act, 1949 for regulating the profession of Chartered Accountancy in India. During more than seven decades of its existence, ICAI has always been proactively supporting all endeavors of the […]from Taxscan | Simplifying Tax Laws https://ift.tt/2IJFKTM
Allahabad High Court refuses to quash charges against Income Tax Commissioner for causing wrongful loss to revenue to tune of Rs. 7.26 cr [Read Order]
The Allahabad High Court refused to quash charges in respect of offences of cheating, criminal conspiracy and Corruption against CIT(A). The allegation against the applicant, S.K. Srivastava a (compulsory) retired official while posted as Commissioner Income Tax (Appeals) (for short ‘CIT(A)-I’), with additional charge of CIT(A)-II Noida, during December 2018 to 11 June 2019, indulged […]from Taxscan | Simplifying Tax Laws https://ift.tt/38Pwyry
Advocate enrolment: Gujarat High Court allows AIBE-hopeful to continue in employment of Single Mother until she clears Bar Exam [Read Judgment]
The Gujarat high court has allowed an employee applicant hoping to enroll with the Bar Council as an advocate to continue with employment until she clears the All India Bar Examination (AIBE). The petitioner, Twinkle Mangaonkar, moved the high court in 2019, after she received her degree in law and applied to enroll with the […]from Taxscan | Simplifying Tax Laws https://ift.tt/2IOm0y8
Mobilisation Fees Received from Time Charter of Vessel won’t fall within definition of ‘Royalty’ under the India-Singapore Tax Treaty: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench held that the mobilisation fees received from the time charter of the vessel would not fall within definition of ‘royalty’ under the India-Singapore tax treaty. The assessee, Smit Singapore Pte Ltd. is a company incorporated in Singapore, operating in the maritime sector and primarily engaged in the […]from Taxscan | Simplifying Tax Laws https://ift.tt/32QJud5
Micafungin sodium entitled for concessional rate of 5% GST: Karnataka AAAR [Read Order]
The Karnataka Appellate Authority of Advance Ruling (AAAR) ruled that the micafungin sodium entitled for a concessional rate of 5% GST. The applicant, Biocon Limited (DTA unit) is engaged in the manufacture of generic active pharmaceutical ingredients (APIs), novel biologics, biosimilar insulins and antibodies. The applicant purchases “Micafungin Sodium” from the SEZ unit of M/s […]from Taxscan | Simplifying Tax Laws https://ift.tt/35DJb7i
ICAI notifies Change of certain Examination Centre / minor correction in the address for CA November 2020 Exams
The Institute of Chartered Accountants of India (ICAI) notified the changes of certain Examination Centre or minor correction in the address for November 2020 Exams. The ICAI informed the students that the admit cards already issued for November 2020 examination will remain valid for the new venue also. All other details remain unchanged. The Board […]from Taxscan | Simplifying Tax Laws https://ift.tt/2IOdX40
Monday, November 16, 2020
DIY tax return in India: best software and websites to do so
Filing income tax in India is made relatively simple. Unless you’re incorporated, or have a complex business, filling your own taxes can save you from paying an accountant. Taxes have become even more accessible and easy, not least because the government is adapting to the increase in freelancers. After all, many Indian workers are both […]from Taxscan | Simplifying Tax Laws https://ift.tt/3f7gItF
Top Job-Creating Sectors in India
The second-most populous country in the world, the Republic of India, is home to over 1.5 billion people who occupy a variety of job sectors. Right now, some of the most popular include opportunities in information technologies, customer services, and agriculture. In addition, India is one of the four “BRIC” countries, including Brazil, China, and […]from Taxscan | Simplifying Tax Laws https://ift.tt/3fe2WW8
GST: E-Way Bill generation facility to be blocked for All Taxpayers who failed to file GSTR-3B from December
The Central Board of Indirect Taxes and Customs ( CBIC ) has clarified that, E-Way Bill generation facility to be blocked for all Taxpayersirrespective of their Aggregate Annual Turnover who failed to file GSTR-3B for 2 or more Tax period from December 1st, 2020. In terms of Rule 138E (a) and (b) of the CGST […]from Taxscan | Simplifying Tax Laws https://ift.tt/3pCqdWf
Tax Evasion Case: SC seeks response from IT dept on plea of Karti Chidambaram to transfer case before a Special Court for MPs and MLAs [Read Order]
The Supreme Court Monday sought a response from the Income Tax department on the pleas of Congress MP Karti Chidambaram and his wife challenging the transfer of a tax evasion case filed against them before a lower court to a Special Court for MPs and MLAs. The matter relates to alleged non-disclosure of Rs 6.38 […]from Taxscan | Simplifying Tax Laws https://ift.tt/32TCfRv
Setback to Sun Pharma: Sikkim High Court rejects plea of Refund of CGST and 50% of IGST paid through the Electronic Cash Ledger [Read Order]
The Sikkim High Court rejected the plea seeking the refund of Central Goods and Service Tax (CGST) and 50% of Integrated Goods and Service Tax (IGST) paid through the electronic cash ledger. The Petitioner, M/s. Sun Pharma Laboratories Limited has filed an application under Order VI Rule 17 read with section 151 of the Code […]from Taxscan | Simplifying Tax Laws https://ift.tt/2IHYnYd
CBI arrests Two Inspectors of Income Tax for accepting Bribe
The Central Bureau of Investigation(CBI) has arrested two Inspectors of Income Tax, Aayaker Bhavan, Basheerbagh, Hyderabad on the allegations of accepting bribe of Rs.80,000/-. CBI has registered a case against an Income Tax Inspector, Aayakar Bhavan, Basheerbagh, Hyderabad on the allegations that the accused demanded a bribe of Rs.80,000/- from the complainant for closing an Income […]from Taxscan | Simplifying Tax Laws https://ift.tt/36Fkmaj
Hiring of workover rigs can’t be taxed under the category of ‘Maintenance, Management and Repair service’: CESTAT [Read Order]
The Customs, Excises, and Service Taxes Appellate Tribunal (CESTAT) held that the service of Hiring of workover rigs can not be taxed under the category of ‘Maintenance, Management and Repair service’. The Show Cause Notice was issued to the assessee, M/s.Dewanchand Ramsaran Industries Pvt Ltd. which was previously adjudicated vide the Order whereby the demand […]from Taxscan | Simplifying Tax Laws https://ift.tt/32PKL3R
Income Tax applicable on payment made by distributor for getting Software from a Foreign Company: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore Bench held that the payment which is made by the distributor for getting software from a foreign company is taxable. The assessee, M/s Kaseya Software India Private Limited was responsible for software distribution in India, conducting events, and other advertising expenses. The Indian entity charged a 15% margin […]from Taxscan | Simplifying Tax Laws https://ift.tt/3kuM1iY
Plea in Supreme Court seeking Life Imprisonment for Bribery, Black Money, Benami Property, Tax Evasion etc…
A Public Interest Litigation (PIL) has been filed before the Supreme Court seeking a direction to the Centre to ascertain the feasibility of confiscating black money, Benami properties, and disproportionate assets. The Advocate Ashwani Kumar Upadhyay has filed the plea which has also sought life imprisonment for offenses such as bribery, black money, Benami property, […]from Taxscan | Simplifying Tax Laws https://ift.tt/2IGMAJx
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