Khivraj Tech Park Pvt Ltd. Vs Union of India (Madras High Court) The petitioner was granted permission for setting up a ‘Software Technology Park’ and a communication dated 29-11-2005 was sent by the Ministry. Since their imports had already arrived during October-November 2005, an amendment of the effective date of approval to 4-4-2005 was sought, […]
On this 159th Income Tax Day, I extend my best wishes to each and every member of the Aaykar Parivar and their families. I feel honoured leading such a glorious and professional service, made even more special by the untiring contribution of each and every employee of the Department.
Indian Accounting Standards Standards applicable to Financial Instruments: Ind AS 32 : Financial Instruments: Presentation Ind AS 39 : Financial Instruments: Recognition and Measurement Ind AS 107 : Financial Instruments: Disclosures Ind AS 109 : Financial Instruments OBJECTIVES Standard No. Standard Objective Ind AS 32 (Complement to Ind AS 39 and Ind AS 107) Establish […]
The present article tries to explain the readers the provisions covered under section 194G of the Income Tax Act, 1961 relating to TDS on commission on purchase / distribution / sale and other activities of lottery tickets. Basic provisions governing section 194G Section 194G requires the person, who is paying any income by way of […]
Vikas Goel Vs Deputy Director, Directorate General of Goods and Service Tax Intelligence (Punjab and Haryana HC) Petitioner has filed this second petition under Section 439 of the Code of Criminal Procedure, 1973 for grant of regular bail in a complaint case bearing No.COMA-137 dated 13.11.2018, titled as ‘Shankar Prasad Sarma Versus MICA Industries and […]
In the matter, it has been brought to the notice of this Directorate that a typographical error has occurred in the aforementioned Trade Notice as there has been an interchange in HSN Codes of Urad and Moong. Since, consequent to the Notice inviting applications, import authorizations have been issued for Urad, Moong and Tur dal based on the HSN Codes appearing in the aforementioned Trade Notice
Article covers salient features of new tax structure recommended for real estate sector, i.e, construction service. It discusses the applicability of GST on various projects depending on nature of the project (REP, RREP). It also discusses the taxability based on the progress of construction (on going project, new project). Precisely, this book covers the applicable GST on residential, commercial constructions, affordable housing and the guidelines and requisite conditions as envisaged in Notifications Nos. 03/2019-CTR to 08/2019-CTR (all dated 29.03.2019). However, this book does not discuss the taxability of Works Contract Service.
The quantity of 10000 MT sugar (raw and/or white sugar) to be exported to EU under CXL Quota from 1.10.2019 to 30.09.2020 has been notified vide Public Notice No. 21/2015-2020 dated 24th July, 2019.
Paragraph 2.79F has been inserted in the Handbook of Procedures (HBP) of the Foreign Trade Policy (FTP) 2015-20 to lay down the procedure for issue of Global Authorisation for Intra-Company Transfer (GAICT) of SCOMET Items/Software/Technology.
AS INTRODUCED INTHE RAJYA SABH Bill No. XXVI of 2019 THE INSOLVENCY AND BANKRUPTCY CODE (AMENDMENT) BILL, 2019 BILL further to amend the Insolvency and Bankruptcy Code, 2016. BE it enacted by Parliament in the Seventieth Year of the Republic of India as follows:— 1. Short title and commencement. (1) This Act may be called […]
