Page 39 - It Act News Today

Giving an example, the CBDT said in a situation where VDA "A" is being exchanged with another VDA "B", both the persons are a buyer as well as a seller. One is the buyer for "A" and seller for "B" and another is the buyer for "B" and seller for "A".

Lowanshi informed that the accused had put an obscene picture in the pamphlet of the female candidate instead of her election symbol “Spectacles” and shared it on WhatsApp groups.

Get latest articles and stories on Latest News at LatestLY. The income tax department on Thursday issued guidelines on the applicability of new TDS provision regarding benefits received in a business or profession and said that such perquisites can either be in cash or in kind or partly in both of these forms. Latest News | CBDT Issues Guidelines on Applicability of New TDS Provision.

Justice Arijit Pasayat, vice-chair of the SIT on black money, availed himself of the VSV scheme for resolution of direct tax disputes after the Cuttack I-T department found that he had "misrepresented his income to the extent of Rs 1.06 crore" in 2017-18, Indian Express reports.

RBI Governor Shaktikanta Das had said last week that most of the lending apps are unregistered

The head of the conglomerate which recently launched its new super app aggregating offerings of group companies also welcomed the government's participative approach in writing the new law.

Meanwhile, the other accused on Wednesday filed a bail petition, but the petition was rejected, the police sources said

A case was lodged against two YouTube channels – RA Knowledge World and Bareilly Production – under the IT Act for flashing "misleading" news about riots and imposition of curfew in Bareilly.

IT Act itself a challenge in probing cybercrimes, says Mumbai Police Chief

The woman has also made her mother-in-law an accused. However, in 2019, the High Court quashed the case against the husbands mother.