Direct Port Delivery Scheme for Importers

Direct Port Delivery Scheme for Importers On 5th September 2019, the Central Board of Indirect Taxes and Customs (CBIC) released a circular regarding the eligibility criteria for availing Direct Port Delivery (DPD) Scheme by Importers. Outline The Government of India…

Centralised Verification Scheme

Centralised Verification Scheme The Centralised Verification Scheme, 2019 was introduced by the Central Board of Direct Taxes, vide notification dated 30th January 2019. As per the scheme, the Centralised Verification Centre would be set up, wherein, income tax notices and the processing of…

GST on Education Programs

GST on Education Programs Much needed clarification in the matter of applicability of GST on education programs with respect to the various programmes being conducted by the IIMs (i.e. The Indian Institutes of Management) was being provided by the Government…

Direct Tax Dispute Resolution Scheme

Direct Tax Dispute Resolution Scheme Direct Tax Dispute Resolution Scheme is a scheme formulated by the Central Board of Direct Taxes (CBDT) to decrease the large number of pending direct tax dispute cases. The scheme has enabled the Government to…

Transfer Pricing Officer

Transfer Pricing Officer - Income Tax Under Income Tax regulations in India, all transactions between related parties must conform to the Transfer Pricing regulations. The concept of transfer pricing has been implemented to ensure all commercial transactions between different entities of a…