Nadeem Mohd. Abdul Vs ITO (ITAT Hyderabad) On a literal reading of Clause (a) of sub-section 1A to Section 2 we find that it refers to any rent or revenue (emphasis supplied by me) derived from land which is situated in India and is used for agricultural purposes. This section does not specify that the […]
Ministry of Corporate Affairs (MCA) have ruled out the forbearance, which was there in requirements regarding corporate social responsibility (CSR). MCA has issued Companies (Corporate Social Responsibility Policy) Amendment rules, 2021 (rules) and notified Section 21 of the Companies (Amendment) Act, 2019 on 22 January 2021. Comparison of the overhauling brought in by the aforesaid rules […]
CASE No. (OI) 24/2019 – Anti-dumping investigation concerning imports of ‘1-Phenyl-3-Methyl-5-Pyrazolone’ originating in or exported from China PR. MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF TRADE REMEDIES) NOTIFICATION FINAL FINDINGS New Delhi, the 28th January, 2021 CASE No. (OI) 24/2019 Subject : Anti-dumping investigation concerning imports of “1-Phenyl-3-Methyl-5-Pyrazolone” originating in or […]
ITO Vs Anjli Foundations (ITAT Chennai) The undisputed fact in this case is that the assessee is owner of the land. Therefore, for claiming the deduction u/s. 80IB(10), the assessee has to establish that it had undertaken developmental activities which include activities like undertaking the levelling the road and removal of rock surface in the […]
Case No. ADD-(OI) 05/2020 Anti-dumping investigation concerning imports of Black Toner in powder form originating in or exported from China PR, Malaysia and Taiwan.
Notification No. 3/2021-Customs (ADD), Dated: 28.01.2021- Seeks to further amend notification No. 27/2016-Customs (ADD) dated 23rd Jun, 2016 to amend the name of Producer and Exporter. MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 28th January, 2021 Notification No. 3/2021-Customs (ADD) G.S.R 54(E).—Whereas, the designated authority vide initiation notification number 7/23/2020-DGTR, dated the […]
Case No: ADD-(OI) 02/2020 Final Findings of Anti-dumping Investigation concerning imports of ‘Phenol’ into India originating in or exported from Thailand and United States of America. MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF TRADE REMEDIES) NOTIFICATION FINAL FINDINGS New Delhi, the 28th January, 2021 Case No: ADD-(OI) 02/2020 Subject: Final Findings […]
Notification No. 2/2021-Customs (ADD), Dated: 28.01.2021 – Seeks to further amend notification No. 3/2018-Customs (ADD) dated 23rd Jan, 2018 to amend the name of Producer. MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 28th January, 2021 Notification No. 2/2021-Customs (ADD) G.S.R. 53(E).—Whereas, the designated authority vide initiation notification number 7/22/2020-DGTR, dated the 5th August, […]
In re The Roll Company (Prop. Shri Bhavin Ramesh Shah) (GST AAAR Gujarat) (i) Zip Rolls is classifiable under Tariff Item 9607 20 00; and (ii) Zip Rolls was liable to Goods and Services Tax @ 18% (CGST 9% + SGST 9%) during 01.07.2017 to 30.09.2019 under Sr. No. 446 of Schedule III of Notification […]
Seeks to confirm the provisional Bilateral Safeguard measure on imports of Polybutadiene Rubber excluding titanium and lithium grades originating in Korea RP and imported under the India-Korea Comprehensive Economic Partnership Agreement, and to further amend notification No.152/2009-Customs, dated the 31st December, 2009 to modify the rate of duty of customs on said imports, on recommendation […]
