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Archive: April, 2021

Posts in April, 2021

Service Providers rendering services to Telecom Service Providers eligible SEIS benefit

April 27, 2021 2415 Views 0 comment Print

Service Providers in Telecom Sector” meant and included only the Telecom Service Providers of services mentioned therein. The ambit and scope of such exclusion was not of Service Providers who render services to such Telecom Service Providers. Though, a similar list was not appended to FTP or HBPv1, there was no reason for a different interpretation to be placed to FTP 2015-20. Clearly, what was made ineligible for availing benefit of SEIS in terms of paragraph 3.09(2)(i) were the Telecom Service Providers and not the Service Providers who provide services to such Telecom Sector.

Contactless Customs Processing during COVID-19 pandemic

April 27, 2021 876 Views 0 comment Print

it is decided that the requests relating to various items of work shall be received only through online by way of email to the concerned Deputy Commissioner / Assistant Commissioner along with a copy to the Additional Commissioner / Joint Commissioner, who will be the Nodal Officer.

Allahabad HC on What to do to Contain Covid Spread & Panchayat elections

April 27, 2021 3861 Views 0 comment Print

Inhuman Condition At Quarantine Centres And For Providing Better Treatment To Corona Positive Vs State of U.P. (Allahabad High Court) FULL TEXT OF THE JUDGMENT/ORDER of ALLAHABAD HIGH COURT 1. In online hearing of this Public Interest Litigation, we have heard Shri Manish Goel, learned Additional Advocate General assisted by Shri A.K. Goel, learned Additional Chief […]

RBI Guidelines for Appointment of Statutory Auditors – FAQs

April 27, 2021 2955 Views 0 comment Print

As per Para 6.4, whether the time gap of one year between any non-audit works by the SCAs/SAs for the Entities or any audit/non-audit works for its Group Entities has to be ensured for all the Entities in the Group or the RBI Regulated Entities in the Group?

Income Tax Return – Simplified View

April 27, 2021 4014 Views 2 comments Print

Learn about Income Tax Return in a simplified and concise manner. Find out who needs to file it, the due dates, and the consequences of non-filing.

IRDAI fines IFFCO Tokio General Insurance Company Ltd

April 27, 2021 1368 Views 0 comment Print

Penalty amount of Rs. 5 lakh shall be remitted by IFFCO Tokio General Insurance Company Ltd by debiting the shareholders’ account within a period of forty five days from the date of receipt of this order through NEFT/RTGS.

Definitive Anti-dumping duty on imports of Toluene Di-isocyanate

April 27, 2021 1200 Views 0 comment Print

Seeks to impose definitive anti-dumping duty on imports of Toluene Di-isocyanate (TDI) having isomer content in the ratio of 80:20, originating in or exported from European Union, Saudi Arabia, Chinese Taipei and UAE, for a period of 5 years from the date of imposition of provisional ADD, i.e. 2nd Dec, 2020 vide Notification No. 28/2021-Customs […]

Notification No. 27/2021-Customs (ADD) Dated: 27.04.2021

April 27, 2021 2463 Views 0 comment Print

Seeks to rescind the notification No. 43/2020-Customs(ADD) dated the 2nd December, 2020 vide Notification No. 27/2021-Customs (ADD) Dated: 27th April, 2021. MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 27/2021-Customs (ADD) Dated: 27th April, 2021 G.S.R. 298(E).—In exercise of the powers conferred by sub-sections (2) and (5) of section 9A of the Customs […]

Anti-dumping duty on import of 1-phenyl-3-methyl-5-Pyrazolone

April 27, 2021 1164 Views 1 comment Print

Seeks to impose definitive anti-dumping duty on import of 1-phenyl-3-methyl-5-Pyrazolone originating in or exported from China PR for a period of 5 years from the date of imposition of provisional ADD, i.e. 9th June, 2020 vide Notification No. 26/2021-Customs (ADD) Dated: 27th April, 2021. MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 26/2021-Customs […]

Difference Between Insolvency, Bankruptcy and Liquidation

April 27, 2021 32625 Views 0 comment Print

INSOLVENCY ♦ Insolvency is the inability of a person or corporation to pay their bills as and when they become due and payable. ♦ The word ‘Insolvency‘ can be used for everyone who is unable to pay their dues whether it is body corporate, company, limited liability partnership, partnership firm, individual, HUF, body of individuals. […]

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