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Whether the provision of specified medical instruments to unrelated parties like hospitals for use without any consideration constitutes a "supply"

By Taxwink Team | 13 Jul,2020

Facts of the case The petitioner is a company having its registered office in Mumbai and is engaged in t....

DGFT notifies the amended Indian Trade Classification (Harmonized System)

By Taxwink Team | 13 Jul,2020

The Directorate General of Foreign Trade vide Public Notice No. 12/2015-20 dated July 10, 2020, has....

Extension of last date of filing of Form NFRA-2

By Taxwink Team | 13 Jul,2020

Vide General Circular No. 26/2020 dated 6th July, 2020: In Continuation of the Ministry's General Circular....

The Central Government approves extension of EPF contribution 24% for 3 months

By Taxwink Team | 09 Jul,2020

The Union Cabinet chaired by the Prime Minister Sh. Narendra Modi has given its approval for extending the con....

SEBI signs MoU with CBDT for data exchange between two organizations

By Taxwink Team | 09 Jul,2020

A Formal Memorandum of Understanding (MoU) was signed today between CBDT and SEBI for data exchange between....

Cabinet likely to approve extension of EPF support for business, workers for 3 months

By Taxwink Team | 08 Jul,2020

Union Cabinet is likely to approve extension of EPF support for business and workers for 3 months. The Governm....

Deduction in respect of donations to charitable institutions

By Taxwink Team | 07 Jul,2020

India is a country where people generously donate and contribute towards social causes. Such donation are....

Input Tax Credit of GST paid on inputs and input services for construction of immovable property

By Taxwink Team | 05 Jul,2020

Input Tax Credit of GST paid on construction of Immovable facility which is to be leased out by the taxpayer....

Deduction of interest on loan taken for purchase of a electric vehicle

By Taxwink Team | 04 Jul,2020

Deduction for Electric Car in India under Income Tax The Central Government has been making efforts for pro....

Deduction in respect of interest on loan taken for residential house property

By Taxwink Team | 04 Jul,2020

Introduction Taxpayers who take housing loan get benefits of deduction for interest on housing loan under s....

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