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Archive: October, 2020

Posts in October, 2020

SVLDR application rejection for sending Via email not justified: HC

October 27, 2020 1212 Views 0 comment Print

The issue under consideration is application of declaration under the Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 (SVLDR) communicated via email is justified in law?

Employees’ State Insurance (Central) Amendment Rules, 2020

October 27, 2020 9006 Views 0 comment Print

(1) These rules may be called the Employees’ State Insurance (Central) Amendment rules, 2020. (2) They shall come into force on the date of their final publication in the Official Gazette.

MHA extends the Guidelines for Re-opening

October 27, 2020 1053 Views 0 comment Print

Since the issuance of the first Order on lockdown measures by MHA on 24thMarch 2020, almost all activities have been gradually opened up in areas outside the Containment Zones. While most of the activities have been permitted, some activities involving large number of people, have been allowed with some restrictions and subject to SOPs being followed regarding health and safety precautions. These activities include – metro rail; shopping malls; hotel, restaurants and hospitality services; religious places; yoga and training institutes; gymnasiums; cinemas; entertainment park etc.

To claim depreciation ready for use of Asset is enough

October 27, 2020 2862 Views 0 comment Print

Mantri Developers Private Limited Vs DCIT (ITAT Bangalore) As per these provisions, even if the building is not actually let out and the assessee is not occupying the same for the purpose of business, Annual Value of the building is to be estimated at the sum for which the property might reasonably be expected to […]

Analysis of Job Work under GST

October 27, 2020 13842 Views 1 comment Print

‘Job work’ is a very significant part of our country’s industry and a much talked about subject among the tax fraternity. A lot of manufactures send the inputs or semi finished goods out for processing and treatment and receive back finished goods after paying labour charges to the job workers.

Footwear made from all-Rubber and all Polymeric material and its components (Quality Control) Order, 2020

October 27, 2020 1497 Views 0 comment Print

This Order may be called the Footwear made from all-Rubber and all Polymeric material and its components (Quality Control) Order, 2020. It shall come into force from the dated of its publication in the Official Gazette.

Leather and other materials (Quality Control) Order, 2020

October 27, 2020 3921 Views 0 comment Print

(1) This Order may be called the Footwear made from Leather and other materials (Quality Control) Order, 2020. (2) It shall come into force from the dated of its publication in the Official Gazette.

HC Directed to amend RC & Permit Petitioner to Upload Returns for Past Period to Avail Eligible ITC

October 27, 2020 597 Views 0 comment Print

The current petition is filed to seek the permission to upload the returns for the past period to avail eligible Input Tax Credit (ITC). direct the respondents to amend the Registration Certificate issued to the petitioner so as to make it valid from 01.07.2017, and permit the petitioner to upload the returns for the past period.

Investments options for Senior Citizens

October 27, 2020 7470 Views 5 comments Print

One of my journalist friends, who retired after completing 60 years, called me to seek my opinion about safe investment avenues with relatively better returns available for senior citizens. And this is how the idea germinated about this article. Let us discuss the safe investment avenues with better returns which are available to senior citizens. […]

Can person with zero credit score get a home loan

October 27, 2020 7662 Views 2 comments Print

My nephew who wanted to take a home loan and whom I had advised to obtain his CIBIL report, called me to express his shock when he found 0 credit score in his CIBIL report. He was worried that with 0 score, which he perceived to be negative rating, he would not be able to […]

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