Punjab National Bank Vs. Mithilanchal Industries Pvt. Ltd. (Gujarat High Court) In the present case, the borrower took an objection of non-compliance of sub-section (3), in his objection / representation given sub-section (3A), but despite the same the Bank – Secured Creditor in the present case rejected the objection instead of ensuring the compliance of […]
Revenue Bar Association Vs Union of India (Madras High Court) Madras High Court restrained the Central Government from appointing technical members to the Goods and Services Tax Appellate Tribunals (GSTAT) until further orders vide its order dated 17.08.2020. FULL TEXT OF THE HIGH COURT ORDER /JUDGEMENT Heard Mr.Rahul Unnikrishnan, learned counsel for the appellant and […]
1. In view of the outbreak of Covid-19 , the Government has come up with few Notifications on 24th June 2020, for extending the various due dates for filing GSTR -3B return. CBIC vide Circular No. 141/11/2020 – GST dated 24th June 2020 has clarified the manner of calculation of interest for delay in filing […]
♦ Sec – 188(1): A company shall not enter into any contract or arrangement with a related party without the consent of Board of Directors through board resolution at a meeting and subject to conditions as prescribed with respect to: sale, purchase or supply of any goods or materials; selling or otherwise disposing of, or […]
CBDT, vide Notification No.67/2020 dated 17th August, 2020, has prescribed the procedure for notification of Pension Funds (PF) for claiming exemption under section 10(23FE) for income from investment made in specified infrastructure business: CBDT notifies New Income Tax Rule 2DB. – Other conditions to be satisfied by the pension fund and Rule 2DC. -Guidelines for […]
(1) These regulations may be called the Special Warehouse (Custody and Handling of Goods) Amendment Regulations, 2020. (2) They shall come into force on the date of their publication in the Official Gazette.
(1) These regulations may be called the Manufacture and Other Operations in Warehouse (no. 2) Amendment Regulations, 2020. (2) They shall come into force on the date of their publication in the Official Gazette.
(1) These regulations may be called the Manufacture and Other Operations in Special Warehouse Regulations, 2020. (2) They shall come into force on the date of their publication in the Official Gazette.
The Independence Day for Siliguri DRI officers started on a high note with the seizure of 26.5 Kgs of Gold valued at Rs. 14.09 Crores. Acting on intelligence, three persons were intercepted in Brahmaputra Mail Covid-19 Express at New Delhi with 160 pcs of gold biscuits, purportedly smuggled in through the North. East.
1. Following are the important Accounting Standards related with Segment Reporting 1. IFRS 8 2. INDAS 108 3. AS -17 2. Withdrawal of IAS 14 This IFRS supersedes IAS 14 Segment Reporting. 3. Differences between INDAS 108 and IFRS 8 INDAS 108 IFRS 8 1.Transitional provisions have not been given 1.Transitional provisions have been given […]