In the case of M/s Abhipra Capital Limited vs Deputy Commissioner of Income Tax (Investigation), the Delhi High Court held that amount paid to National Stock Exchange (NSE) as non-adjustable deposit for acquisition of membership cannot be treated as revenue expenditure and the same would be termed as capital expenditure.
In re Ceat Limited (AAR Maharashtra) Applicant is engaged in the manufacturing of tyres of kind used in three-wheeled Electric-rickshaws which are used to transport goods and passengers over short distances. The applicant, M/s Ceat Ltd. has filed the application under section 97 of the Maharashtra Goods and Services Tax Act, 2017 and requested to […]
In re Simple Rajendra Shukla (GST AAR Maharashtra) Whether Services related to providing coaching for entrance exam will come in the ambit of GST? FULL TEXT OF ORDER OF AUTHORITY OF ADVANCE RULING, MAHARASHTRA 1. The applicant Simmple Rajendra Shukla has filed the application under section 97 of the Maharashtra Goods and Services Tax Act, […]
Advance intimation is required to be submitted by importer through their official email id to shipping line at least 72 hours before expected arrival of the vessel informing the details such as Bill of Lading Number, Details of consignment, DPD client code allotted by Terminal operator & Preferred CFS and its Code (stacking code). Accordingly, Shipping Lines prepare and submit Import Advance List (IAL) to Port Terminal indicating details of such consignment including stacking code ro enable Port Terminal to decide stacking plan these containers.
The Complainant vide his RTI application sought information regarding the total amount paid to Guest House/ Houses for stay by Shri S.K. Roy, JCIT, Range-3, Bokaro during the month of October, 2016.
Ajesh Kumar Agrawal Vs. CIT (Rajasthan High Court) What is to be considered is that for being granted benefit under sub-section (37) of section 10 of the Act, the land in question should have been put to agricultural use by the assessee for the preceding two years. Even if we accept the contention of the […]
Attention of all the officers working in the Assessment Groups and CFS/Docks under the jurisdiction of NS-I to V Commissionerates is invited to the following guidelines with regard to expeditious clearance of goods:
As per the said Board’s Circular No. 21/ 2016-Customs, ‘security’ is to be furnished for seeking extension in warehousing period for storage of sensitive & non-sensitive goods by way of furnishing Bank Guarantee inter alia subject to certain conditions mentioned at Para 4 of the said Circular.
Fixed deposit or term deposit has been a popular investment option since years. It gives assured returns and is considered as an ideal investment option especially for beginners who may or may not understand the highly volatile nature of other forms of investment options. Fixed deposits not only yield returns on the investments but also […]
Taxpayers can visit GST Portal to see list of Documents Required for Registration, for registering on the Portal. Path to be followed is
