Jaypee Kensington Boulevard Apartments Welfare Association & Ors. Vs. NBCC (India) Ltd. & Ors. (Supreme Court ) For what has been discussed and held on the relevant points for determination, our findings and conclusions are as follows: A. The Adjudicating Authority has limited jurisdiction in the matter of approval of a resolution plan, which is […]
Balbir Investment Pvt. Ltd. Vs ITO (ITAT Delhi) A perusal of the reasons recorded by the Assessing Officer shows that he has reopened the assessment by recording the reasons that shares of G.J. Holdings has been procured by Blabir Investments Pvt. The relevant observations of the Assessing Officer in the reasons recorded by the Assessing […]
Wijeta Impex And Logistics Vs Commissioner of Customs (CESTAT Delhi) FULL TEXT OF THE CESTAT DELHI ORDER The order of Commissioner (Appeals) bearing No. 191-193/2017 dated 24 May, 2019 has been assailed vide the impugned appeal. 2. I have heard Shri S. Sunil, learned Advocate appearing for the appellant and Shri Yasbir Singh, learned Authorised […]
Mohit Bathla Vs Central Goods And Service Tax Division Panipat (Punjab & Haryana High Court) Learned senior counsel for the petitioner has reiterated the arguments that on an earlier occasion, when the record of the petitioner was verified on 14.10.2020, a specific note was made by the Assistant Commissioner, CGST, that e-Way bill and transport […]
Toyota Kirloskar Motor (P) Ltd. Vs ITO (Karnataka High Court) The Supreme Court in SHOORJI VALLABH DAS supra has held that income tax is a levy on income and the Act takes into account two points of time at which the liability to tax is attracted i.e., accrual of income or its receipt but substance […]
Ministry of Commerce & Industry Quality Standards of Products Posted On: 24 MAR 2021 Government of India has taken a number of steps to improve the quality standards of products manufactured under the Atmanirbhar Bharat Abhiyan. Some of these steps taken by the Government are enclosed at Annexure-I. The Government has taken a number of […]
Under the Champion Services Sector Scheme (CSSS) a total amount of Rs.3369.75 Cr for 3-5 years has been approved by the Expenditure Finance Committee based on the proposals submitted by the concerned Ministry/Department, details of which are at Annexure.
(i) whether the system of accounting followed by the assessee is the mercantile system, which brings into debit the expenditure amount for which a legal liability has been incurred before it is actually disbursed and brings into credit what is due, immediately it becomes due and before it is actually received; (ii) whether the same system is followed by the assessee from the very beginning and if there was a change in the system, whether the change was bona fide;
THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA The Guidelines for Networking of Indian CA firms, 2021 1. Preamble 1.1 Over the years, our Members have adopted different models of practice viz. Practice in individual name Practice as a sole proprietary firm Practice as a partnership / Limited Liability Partnership firm Merger of two or more […]
Dear readers, as we all know, know a day youngster are giving preference to start their own venture instead of doing jobs. Some of them have a unique scalable idea for which they require external funding like seed funding from investors. As per data available on MCA portal even during Covid period a large number […]
