Seeks to extend the exemption from Integrated Tax and Compensation Cess upto 31.03.2022 on goods imported against AA/EPCG authorizations vide Notification No. 23/2021-Customs dated 31st March, 2021. MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 31st March, 2021 Notification No. 23/2021-Customs G.S.R. 232(E).—In exercise of the powers conferred by sub-section (1) of section 25 […]
Notification No. 23/2021-Income-tax CBDT hereby directs that the Income-tax Authorities of Regional Faceless Assessment Centres specified in Column (2) of the Schedule below,
Seeks to amend Notification No. 08/2020-Customs, dated 02.02.2020 to continue health cess exemption on specified parts of x-ray machines as per PMP of x-ray machines MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 31st March, 2021 Notification No. 22/2021–Customs G.S.R. 237(E).—In exercise of the powers conferred by sub-section (1) of section 25 of the […]
Notification No. 22/2021-Income-tax- CBDT hereby directs that the Income-tax Authorities of the National Faceless Assessment Centre (hereinafter referred to as the NaFAC) specified in Column (2) of the Schedule below, having its headquarters at the place mentioned in Column (3) of the said Schedule, shall exercise the powers and functions of Assessing Officer concurrently,
Seeks to amend Notification No. 50/2017-Customs, dated 30.06.2017 to i. increase BCD on specified parts of x-ray machines as per PMP of x-ray machines ii. increase BCD on specified goods used for manufacturing electric vehicles as per PMP of electric vehicles iii. carry out other related changes vide Notification No. 21/2021-Customs dated 31st March, 2021. […]
CBDT notifies all ITR Forms 1 to 7 for AY 2021-22 vide Notification no. 21/2021 in G.S.R 242(E) dated 31/03/2021. To facilitate taxpayers & to minimize the compliance burden, no significant changes have been made in the ITR Forms this year as compared to last year’s Forms. The Central Board of Direct Taxes has notified […]
Central Government extends the last date for linking of Aadhaar number with PAN from 31st March, 2021 to 30th June, 2021, in view of the difficulties arising out of the COVID-19 pandemic. Date for issue of notice under section 148 of Income-tax Act,1961, passing of consequential order for direction issued by the Dispute Resolution Panel […]
Seeks to further amend notification No. 2/2016-Customs (ADD) dated 28th Jan, 2016 to extend the levy of Anti-Dumping duty on Melamine originating in or exported from China PR, up to and inclusive of 30th September, 2021. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 19/2021-Customs (ADD) New Delhi, 31st March, 2021 G.S.R. […]
Under section 83 of the MGST Act, it is the Commissioner which has the competence to carry out provisional attachment of property including bank account subject to fulfillment of the preconditions of section 83.
Shiv Kumar Nayyar Vs ACIT (ITAT New Delhi) lthough the assessee in the instant case has not complied to the statutory notice issued by the AO on 5th October, 2016 fixing the case for hearing on 25th October, 2018 which is the basis for levy of penalty u/s 271(1)(b) of the Act, however, ultimately the […]
