"03 February 2020" Archive - Page 6

Notification No. 11/2020-Customs (N.T./CAA/Extension/DRI), Dated 03.02.2020

Notification No. 11/2020-Customs (N.T./CAA/EXTENSION/DRI) 03/02/2020

Appointment of Common Adjudicating Authority by DGRI- Notification No. 11/2020-Customs (N.T./CAA/Extension/DRI), Dated 03.02.2020 Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Directorate of Revenue Intelligence Notification No. 11/2020-Customs (N.T./CAA/EXTENSION/DRI) New Delh...

Dismissing Appeal on Technical Grounds is per se illegal & improper: HC

Chirayinkeezhu Service Co-Operative Bank Ltd. Vs ITO (Kerala High Court)

The case projected in this Writ Petition (Civil) are as follows: The petitioner is a primary agricultural credit society registered as per the provisions of the KCS Act. Ext.P-1 order was issued under Sec.271 B for the assessment year 2015-16 against the petitioner....

Detailed Analysis of Proposed Amendments in GST Act- Budget 2020

Detailed Analysis of Proposed Amendments by Finance Bill, 2020 in GST Acts (With practical Coverage and Reasoning) The following are the section wise key highlights along with analysis of proposed amendments by Finance Bill, 2020. Central Goods and Services Tax (Chapter IV) (Clause 116 to 131) Sr. No. Section Amended Old Provision Amend-m...

Posted Under: Custom Duty |

Currency Future & Options Contracts (involving Indian Rupee) on Exchanges in IFSC

Circular No. SEBI/HO/MRD2/DCAP/CIR/P/2020/17 03/02/2020

Securities and Exchange Board of India (International Financial Services Centres) Guidelines, 2015 were notified on March 27, 2015, which came into force on April 01, 2015 wherein currency derivatives were specified as permissible securities in which dealing may be permitted by stock exchanges in IFSC....

Extension of Extension- Due date of Form GSTR-9/GSTR-9C extended

Notification No. 06/2020-Central Tax [G.S.R. 82(E)] 03/02/2020

CBIC extends the last date for furnishing of annual return/reconciliation statement in FORM GSTR-9/FORM GSTR-9C for the period from 01.07.2017 to 31.03.2018 Notification No. 06/2020-Central Tax dated 03rd February 2020 in a staggered manner for different groups of States to 5th and 7th February 2020. Here it is interesting to note that CB...

Interest on Borrowings for Acquisition of Capital Assets allowable u/s 36(1)(iii)

PCIT Vs Vodafone Shared Services Ltd. (Gujarat High Court)

The interest paid in respect of the borrowings for acquisition of capital assets is allowable under Section 36(1)(iii) of the Act regardless of the fact that the capital assets acquired were not put to use in the concerned financial year in question...

Company Secretaries (Amendment) Regulations, 2020

Notification No. No. 710/1 (M)/1 03/02/2020

1. (1) These Regulations may be called the Company Secretaries (Amendment) Regulations, 2020. (2) They shall come into force on the date of their final publication in the Official Gazette....

ICSI requests MCA to reconsider changes related to CS appointment

we humbly request your good office to kindly consider further amendment in Rule 8A of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2013, taking into consideration inserting the following in place of the existing provision:...

Posted Under: Custom Duty |

Order permitting to file Form TRAN-1′ by extended date not amenable to review

Mahesh Steel Corporation, Faridabad Vs Union of India (Punjab and Haryana HC)

Mahesh Steel Corporation Vs Union of India (Punjab and Haryana HC) FULL TEXT OF THE JUDGMENT/ORDER OF PUNJAB AND HARYANA HIGH COURT [1]  This common order shall dispose of the above-mentioned seven (07) Review Applications moved by the applicant-respondent(s) / UOI, as the same relate to identical issue / prayer. For the facility of refe...

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