Tag Archives: black

Benami Transactions Informants Reward Scheme, 2018 issued: Govt.

With the objective of obtaining people’s participation in the Income Tax Department’s efforts to unearth black money and to reduce tax evasion, a new reward scheme titled “Benami Transactions Informants Reward Scheme, 2018”, has been issued by the Income Tax … Continue reading

Posted in Company Law, Criminal Law, General Law, Income Tax Law, International Law, Notifications/Publications/Circulars | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

High denomination currency notes, existing exemptions extended: Govt.

While cancelling the legal tender character of the existing series of high denomination bank notes of Rs.500 and Rs.1,000 denominations w.e.f. the expiry of the 8th November, 2016, exemptions were allowed for certain transactions for the first 72 hours with … Continue reading

Posted in Administrative Law, Banking Law, Company Law, Consumer Law, Contract Law, Criminal Law, General Law, Income Tax Law, International Law, Notifications/Publications/Circulars | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

High denomination currency notes withdrawn: Govt.

With a view to curbing financing of terrorism through the proceeds of Fake Indian Currency Notes (FICN) and use of such funds for subversive activities such as espionage, smuggling of arms, drugs and other contrabands into India, and for eliminating … Continue reading

Posted in Administrative Law, Banking Law, Company Law, Consumer Law, General Law, Income Tax Law, International Law, Notifications/Publications/Circulars, Trade Law | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Section 254(2A) third provisio declared unconstitutional: DHC

The Delhi High Court struck down an expression in third proviso to Section 254(2A) of Income Tax Act that stipulated Income Tax Appellate Tribunal has no power to grant extension of stay beyond 365 days even if the delay in … Continue reading

Posted in Administrative Law, Banking Law, Company Law, Constitution Law, Income Tax Law | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

TRAI issues “The Telecom Commercial Communications Customer Preference (Twelfth Amendment) Regulations, 2013”

Telecom Regulatory Authority of Inida (TRAI) issued the “The Telecom Commercial Communications Customer Preference (Twelfth Amendment) Regulations, 2013”, prescribing further measures to tighten the framework for controlling the menace of Unsolicited Commercial Communications (UCC). The Telecom Commercial Communications Customer Preference … Continue reading

Posted in Telecommunications Law | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment