Follow Us:

Archive: March, 2021

Posts in March, 2021

Section 138 NI Act : Joint liability, if cheque drawn from Joint Account :SC

March 8, 2021 15282 Views 0 comment Print

A person might have been jointly liable to pay the debt, but if such a person who might have been liable to pay the debt jointly, cannot be prosecuted unless the bank account is jointly maintained and that he was a signatory to the cheque.

Declaration of HSN Code for Goods & Services wef 01.04.2021

March 8, 2021 35154 Views 2 comments Print

DECLARATION OF HSN CODE FOR GOODS AND SERVICES Compulsory Mentioning of HSN code on all Tax invoices w.e.f 1st April 2021-A major compliance obligation that comes up from 1st April 2021 is mentioning of HSN codes on all the tax invoices. Salient Features i. For Taxpayers (with aggregate Annual Turnover more than Rs. 5 Crore during the […]

FSS (Prohibition and Restrictions on Sales) Third Amendment Regulations, 2021

March 8, 2021 1710 Views 0 comment Print

(1) These regulations may be called the Food Safety and Standards (Prohibition and Restrictions on Sales) Third Amendment Regulations, 2021. (2) They shall come into force on 8th June, 2021.

HC issues COVID Guideline for compliance by all airlines & DGCA

March 8, 2021 801 Views 0 comment Print

The DGCA is directed to reflect, forthwith, on its website, prominently, the instructions containing the guidelines and protocols to be followed by passengers and in-flight crew in domestic flights. This shall be reflected on the main website of the DGCA, without requiring the person accessing the site to navigate through various links to reach the instructions.

Conversion of Partnership Firm into Limited Liability Partnership

March 8, 2021 8946 Views 0 comment Print

The shifting of business of traditional Partnership Firms into Limited Liability Partnership has increased in recent years. The reason behind this is that the LLP have the following feature which traditional Partnership Firms do not have: 1. Liability of Partners is limited; 2. Perpetual Succession and Continuity; 3. No limit on Number of Partners; 4. […]

CESTAT quashed 2.47% CVD on continuous cast copper wire

March 8, 2021 2637 Views 0 comment Print

Since it was not possible to sustain the CVD levied for ‘other program’ and if the other program was excluded from the subsidy margin determination, assessee would fall below the de minimis level. The imposition of 2.47% CVD on assessee at serial no. 8 of the notification dated January 8, 2020 was, therefore, liable to be set aside.

IBBI Invites comments on Pre-packaged Insolvency Resolution Process

March 8, 2021 1002 Views 0 comment Print

Public comments are hereby invited on recommendations of Sub-committee of ILC on Pre-packaged Insolvency Resolution Process. Suggestion/comments, if any, along with brief justification may be submitted online therein at the below mentioned web link by the end of business hours on 22nd January, 2021:

ITAT deletes substantive & protective additions for AMP expenditure

March 8, 2021 2547 Views 0 comment Print

Amadeus India challenges ITAT Delhi’s transfer pricing adjustment on AMP expenses and disallowance under section 14A. Full text of the ITAT order provided.

GST on supply of goods outside India from vendor’s premises located outside India

March 8, 2021 6471 Views 0 comment Print

Integrated Goods and Services Tax was payable from 01.07.2017 to 31.01.2019 and is not payable with effect from 01.02.2019 on supply of goods directly from the vendor’s premises located outside India in the non – taxable territory to the customer’s premises located at another place outside India in the non-taxable territory, without such goods entering into India.

MAHARERA: Standardized formats for Legal title report & consent of flat buyers

March 8, 2021 65656 Views 0 comment Print

It has been decided the provide a format for Legal Title Report. This format is Annexed as Format A and the applicant should upload this format at the place of Legal Title Report in the application for registration of the project.

Search Post by Date
July 2026
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031