Monday, 30 July 2018

ITAT : Ahmedabad ITAT suo-moto identifies and disposes around 750 cases with low tax effect

Ahmedabad ITAT suo-moto identifies 697 cases with low tax effect and disposes off the same, pursuant to CBDT circular dated  July 11, 2018 directing withdrawal of Dept. appeals before ITAT where tax effect is lower than Rs. 20 lakh; Considering summary disposal of 697 appeals at Ahmedabad bench and 184 at Rajkot bench, ITAT knocks off  around 750 non tax effect appeals through video-conferencing.:ITAT 

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Mauritian Cabinet approves ratification of Protocol to India-Mauritius DTAA introducing Principal Purpose Test condition

  The India-Mauritius DTAA, which entered into force on 1 April 1983, was amended by way of Protocol signed on 10 May 2016 [1] (2016 Protoc...