In re Alisha Foods (GST AAR Madhya Pradesh) The product ‘Fried Fryums’ manufactured and supplied by M/s. M/s ALISHA FOODS is classifiable under Tariff Item 2106 90 99 of the First Schedule to the Customs Tariff Act, 1975. Goods and Service Tax rate of 18% (CGST 9% + GGST 9% or IGST 18%) is applicable […]
Section 147 of the IT Act does not allow the reassessment of an income merely because of the fact that the assessing officer has a change of opinion with regard to the interpretation of law differently on the facts that were well within his knowledge even at the time of assessment.
Authority has received representations from Life Insurance Council and various life insurers requesting for extension of the timelines referred in the quoted circulars citing reasons of ensuring system preparedness and training of personnel required. On considering the same
http://164.100.47.4/BillsTexts/LSBillTexts/PassedLoksabha/342-C_2019_LS_Eng.pdf
As you may be ware that OLTAS module has been migrated to ITBA environment and presently challan correction facilities are available in ITBA. The various collection MIS/reports which were available in the legacy OLTAS module have been designed and developed in ITBA environment and being release to enable field access and generate. The reports are available in Income Tax Business Application (ITBA) as per the following details:
Pr. DG/DG DRI to appoint officers of the rank of Principal Commissioner/ Commissioner of Customs as adjudicating authorities in respect of specified cases. This would be in addition to the authority to appoint Additional Director General (Adjudication) as an adjudicating authority.
Central Government notifies the following jurisdictions under Prevention of Money-laundering Law- (i) United States of America (ii) Japan (iii) South Korea (iv) United Kingdom excluding British Overseas Territories (v) France (vi) Germany (vii) Canada and (viii) International Financial Services Centre in India. MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 28th November, 2019 […]
Notification No. 64/2019-Customs (N.T./CAA/DRI), Dated: 28.11.2019- Appointment of CAA by DGRI – reg. Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Directorate of Revenue Intelligence Notification No. 64/2019-Customs (N.T./CAA/DRI) New Delhi, dated the 28th November 2019 S.O. 4300(E).—In pursuance of notification No. 60/2015-Customs (N.T.), published vide number […]
Notification No. 63/2019-Customs (N.T./CAA/DRI), Dated: 28.11.2019- Appointment of CAA by DGRI – reg. Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Directorate of Revenue Intelligence Notification No. 63/2019-Customs (N.T./CAA/DRI) New Delhi, dated the 28th November 2019 S.O. 4299(E).—In pursuance of notification No. 60/2015-Customs (N.T.), published vide number […]
DCIT Vs IMCD Group B.V. India Branch (ITAT Mumbai)- The issue under consideration is whether the depreciation is allowed on Non- Compete Fees under section 32 of the Income Tax Act?
