Mutual Agreements Procedure (MAP) is a model or mechanism available to taxpayers to resolve disputes that have arisen due to double taxation. When two countries enter into an agreement to avoid double taxation, it gives a clear pathway to the concerned authorities under MAP in those particular jurisdictions.
Since clause (i) section 92A was omitted with effect from 1st April, 2017 and the effect of such omission is that the said clause(i) was never existed in the statute. Hence, Ld. PCIT can not exercise the jurisdiction u/s 263 of the Act.
Introduction The Engineering, Procurement, Construction [EPC] sector, India’s second largest economic segment is a prominent form of contracting agreement in the construction industry. Under this, the contractor will carry out the detailed engineering design of the project, procure all the equipment and materials necessary, and then construct the whole structure and deliver a functioning facility […]
Final Findings in anti-dumping investigation concerning imports of Coated/Plated Tin Mill Flat Rolled Steel Products originating in or exported from the European Union, Japan, USA and Korea RP.
The goods or articles specified in column (1) of the Table below shall conform to the corresponding Indian Standard as specified in column (2) of the said Table and shall bear the Standard Mark under a licence from the Bureau of Indian Standard as per Scheme-I of Schedule-II of BIS (Conformity Assessment) Regulations, 2018:
Nowadays people slowly but have realized the necessity of having a term life insurance. With the increasing pace of life and uncertainties rising by the day (just like Covid19 pandemic), every family is very much need of a life cover, so they can deal with the loss of a loved one, at least financially.
Scheme for Relaxation of Time Period for Filling Forms Related to Creation or Modification of Charges Under Companies Act, 2013 Relevant Circular: MCA Circular dated 17.06.2020 Relevant Sections: Section 77 and Section 78 of the Companies Act, 2013. Reason of the Circular 1. As per section 77 of the Companies Act, 2013, the companies are […]
National Anti-Profiteering Authority orders Radicon to pass on Rs. 40,92,054 benefit to buyers. Penalty notice issued for denying ITC benefit.
In the light of judgment of Coordinate Bench of ITAT Kolkata in the case of REI Agro Ltd, we note that only dividend bearing securities should be considered for disallowance under rule 8D(2)(iii) of I.T. Rules.
In pursuance of the Government of India’s efforts to provide relief to law abiding companies and in the wake of COVID 19, the Ministry of Corporate Affairs, has introduced the Scheme for relaxation of time for filing forms related to creation or modification of charges under the Companies Act, 2o13” vide General Circular no. 23/2020 […]
