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Archive: 05 April 2021

Posts in 05 April 2021

CBDT extends 64 ad-hoc appointment to ACIT grade

April 5, 2021 1188 Views 0 comment Print

Office Order No.93 of 2021 dtd.05.04.2021[Extension of ad-hoc appointment to the grade of ACIT] F. No. A-32013/5/2018-Ad.VI (Part-2) Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) North Block, New Delhi. The 05th April. 2021. Office Order No. 93 of 2021 In continuation of CBDT’s Office Order No. 43 dated […]

Delhi HC junks Britannia’s Plea of Trademark Infringement against ITC

April 5, 2021 2499 Views 0 comment Print

Britannia Industries Ltd Vs ITC Ltd. (Delhi High Court) FULL TEXT OF THE JUDGMENT/ORDER OF DELHI HIGH COURT 1. On 1 1th September, 2020, the Trademark Registry registered the following trademark in favour of the plaintiff M/s Britannia Industries Ltd., in respect of “biscuits, bread, buns, rolls, bakery products, coffee, tea, cocoa, sugar, rice, tapioca, […]

Anti-dumping duty on imports of Flexible slabstock polyol

April 5, 2021 2058 Views 0 comment Print

Notification No. 20/2021 -Customs (ADD)  Seeks to impose definitive anti-dumping duty on imports of Flexible slabstock polyol originating in or exported from Saudi Arabia and United Arab Emirates for a period of five years. MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 5th April, 2021 Notification No. 20/2021 -Customs (ADD) G.S.R. 251(E).—Whereas, in the […]

Customs (Verification of Identity and Compliance) Regulations, 2021

April 5, 2021 3432 Views 1 comment Print

(1) These regulations may be called the Customs (Verification of Identity and Compliance) Regulations, 2021. (2) They shall come into force with effect from the date to be notified

Voluntary recorded statements before Senior Intelligence Officer cannot constitute pre-SCN consultation

April 5, 2021 1347 Views 0 comment Print

Omaxe New Chandigarh Developers Pvt. Ltd. Vs Union of India & Ors (Delhi High Court) We are of the view that ‘voluntary statements’ recorded before the Senior Intelligence Officer cannot constitute pre-show cause notice consultation as envisaged in the paragraph 5 of the 2017 Master Circular. Consultation entails discussion and deliberation. There is back and […]

MGT-7 Word Format

April 5, 2021 27621 Views 0 comment Print

Form No. MGT-7  ANNUAL RETURN  As on the financial year ended on 31/03/2021  Of  _______________Limited [Pursuant to Section 92(1) of the Companies Act, 2013 And  Rule 11(1) of the Companies (Management and Administration) Rules, 2014] I. REGISTRATION AND OTHER DETAILS: i) CIN: Foreign Company Registration Number/GLN *Permanent Account Number(PAN) of the company ii) a)   Name […]

Rejected application seeking amendments in Writ Petition introducing entirely different cause of action

April 5, 2021 4266 Views 0 comment Print

The Hon’ble Sikkim High Court in Sun Pharma Laboratories Ltd. v. UOI & Ors. [I.A. No.03 of 2020 in WP(C) No.47 of 2018 (dated November 2, 2020)] rejected the application filed under Order VI Rule 17 read with Section 151 of the Code of Civil Procedure, 1908 (CPC) seeking to insert amendments in the Writ […]

Penalty cannot be levied on the basis of estimated additions

April 5, 2021 5700 Views 0 comment Print

Delhi High Court in CIT vs. Aero Traders Pvt. Ltd. has held that no penalty u/s.271(1)(c) of the Act can be imposed when income is determined on estimate basis.

Business Run by Karta of HUF Cannot Be presumed to be Joint Family Business: SC

April 5, 2021 7473 Views 0 comment Print

Kiran Devi Vs The Bihar State Sunni Wakf Board & Ors. (Supreme Court) 1. Supreme Court on Hindu Undivided Family, there cannot be any Presumption That Business Run By Karta In Tenented Premise Is Joint Family Asset. 2. The contract of tenancy is an independent contract than the joint Hindu family business. 3. Just because […]

Gold Monetization Scheme (GMS), 2015

April 5, 2021 756 Views 0 comment Print

“GMS Mobilisation, Collection & Testing Agent (GMCTA) – Jewellers/Refiners certified as CPTCs by BIS and meeting additional eligibility conditions set by IBA will be recognised as GMCTA by designated banks

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