The Government of Maharashtra has, vide notification dated 31st March, 2021 specified Industrial Courts constituted under section 10 of the Maharashtra Industrial Relations Act (XI of 1947), as the Appellate Authority functions in respect of the Industrial Establishments in relation to which the State Government is the appropriate authority. Download Order ***** In Pursuance of […]
CIT Vs Tamil Nadu Newsprint and Papers Limited (Madras High court) It is abundantly clear from Sub-Section (2) of Section 80IA that an assessee who is eligible to claim deduction u/s 80IA has the option to choose the initial/first year from which it may desire the claim of deduction for ten consecutive years, out of […]
CIT Vs M. Ranjan Rao (Madras High Court) The Supreme Court in Gillanders Arbuthnot & Co. Ltd vs. CIT [ 1964] 53 ITR 283 has brought out a dichotomy between receipt of compensation by an assessee for loss of agency and receipt of compensation attributable to the negative/restrictive covenant. If the compensation is received for […]
DGFT hereby amends Appendix 2B [List of Agencies Authorised to issue Certificate of Origin (Preferential)] of the Foreign Trade Policy, 2015-2020 by including the list of authorised agencies allowed to issue CoO for India-Mauritius Comprehensive Economic Cooperation and Partnership Agreement (CECPA)
Procedure for allocation of quota for import of (i) Calcined Pet Coke for use as Calcined Pet coke (CPC) in Aluminum Industry and (ii) Raw Pet Coke for CPC manufacturing industry for the year 2021-2022 is notified.
DGFT notifies that No fee shall be charged on application for updation of IEC between April -June of each year. Public Notice No. 49/2015-20 Dated 31st March, 2021 Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhawan, New Delhi -110 011 Public Notice No. 49/2015-20 Dated […]
Director General of Foreign Trade hereby extends Validity of the existing Hand Book of Procedures, 2015-20 upto 30th September, 2021 vide Public Notice No. 48/2015-2020, Dated: 31st March, 2021. Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade New Delhi Public Notice No. 48/2015-2020-DGFT Dated: 31st March, 2021. […]
The services provided by the applicant, namely, Quality material testing works is not exempted from Goods and Services Tax in terms of entry no.3 of the Notification 12/2017- Central Tax (rate) dated 28.06.2017 as amended and The service of Geophysical survey investigation is exempted from Goods and service Tax terms of entry no.3 of the Notification 12/2017- Central Tax (rate) dated 28.06.2017 subject to conditions stated in Para 9.7 above.
In re SHV Energy Private Limited (AAR GST Tamilnadu) 1. Whether the applicant is eligible for availment of input tax credit of GST paid on goods and services for laying of transfer pipeline and the foundation and structural support for such pipeline which is intended for unloading Propane/Butane from the Vessel/Jetty to the Terminal? The […]
ITO Vs Momentum Technologies Pvt Ltd (ITAT Delhi) Reopening invalid When Time Limit for Scrutiny Pending from date of Revised Return Filed under Section 139(5) The first contention raised by assessee invoking rule 27 of the income tax appellate tribunal rules 1963, the contention raised that when the return of income is pending before the […]
