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Archive: April, 2021

Posts in April, 2021

Appointment of Managing Director under Company Law

April 20, 2021 319347 Views 4 comments Print

Article explains Appointment of Managing Director (New Person), Rules and Section under Company Law Applicable to Appointment of Managing Director, Definition of Managing Director under Section 2(54) of Companies Act, 2013, Important Pre- Requites for Appointment of Director as Managing Director under Companies Act, 2013, Procedure for Appointment of Director as Managing Director (MD), FAQ […]

Anti-dumping investigation on imports of ‘Plain Medium Density Fibre Board

April 20, 2021 2583 Views 0 comment Print

Case No. ADD-OI-11/2020 Anti-dumping investigation concerning imports of ‘Plain Medium Density Fibre Board having thickness less than 6mm’ originating in or exported from Vietnam, Malaysia, Thailand and Indonesia.

Loss of earlier year cannot be set-off if not declared in Original or Revised Return

April 20, 2021 891 Views 0 comment Print

Shailaja Vs ITO (ITAT Delhi) It is pertinent to note that the assessee has filed original  return  of income as on 31/08/2015 declaring an income of Rs. 5,71,960/- along with paying of double taxes of Rs. 43,230/- including self-assessment tax of Rs. 33,230/- on 31/8/2015. In the original return of income loss against sale of […]

JNCH: Submission of documents for specified items of work through e-mail

April 20, 2021 1746 Views 0 comment Print

OFFICE OF THE PR. COMMISSIONER OF CUSTOMS (NS– I), APPRAISING MAIN (IMPORT) JAWAHARLAL NEHRU CUSTOM HOUSE, SHEVA, TAL- URAN, DISTRICT- RAIGAD, MAHARASHTRA-400707 (email : appraisingmain@gmail.com Telephone No: 022-27244979) फा सं/FN. S/22-Gen-20/2020-21/AM (I)/JNCH Dated: 20.04.2021 PUBLIC NOTICE NO. – 35/2021 DIN- 20210478NW000061186E Subject: Submission of documents for specified items of work through e-mail- a measure to minimize human […]

IRDAI (Manner of Assessment of Compensation to Shareholders or Members on Amalgamation) Regulations, 2021

April 20, 2021 1023 Views 0 comment Print

These regulations may be called the Insurance Regulatory and Development Authority of India (Manner of Assessment of Compensation to Shareholders or Members on Amalgamation) Regulations, 2021.

Implementation of PMT-03 to re-credit the ITC sanctioned as refund

April 20, 2021 41037 Views 8 comments Print

he PMT-03 functionality available at present in the online refund module is only for re-crediting of the rejected amount that has been debited at the time of filing of refunds. In order to enable the operationalisation of re-crediting of ITC sanctioned as refund towards tax wrongly paid or paid in excess by debiting the credit ledger, a new enhanced PMT-03 functionality has been developed and deployed in the system.

SC to List only Urgent natters W.E.F. 22.04.2021

April 20, 2021 645 Views 0 comment Print

(a) only urgent matters will be listed for hearing w.e.f. 22.04.2021. and (b) the Advocate-on-Record/Party-in-Person may send signed and verified mentioning-application along with synopsis containing the grounds of urgency not exceeding one page in the fresh matter only by e-mail at the email address sc@sci.nic.in on working days by 1.00 PM (Monday to Friday) and by 11.30 AM (Saturday) and the same shall be processed for listing on the next to next working day,

No GST exemption on supplying branded rice under the guise of quality or grade

April 20, 2021 2136 Views 0 comment Print

S. Sarvasiddhi Agrotech Pvt. Ltd Vs Union of India (Tripura High Court) In this case department had issued the notice to the supplier on the count that they are selling the rice under the marking as Aahar normal, Aahar Gold, Aahar premium. It was alleged by the department that these markings are nothing but the […]

Is Post Facto GST Registration Cancellation Affects ITC already claimed?

April 20, 2021 78903 Views 1 comment Print

In this article, we will discuss about the scenario where Input Tax Credit denied to the bona-fide purchasing dealer owing to the default on the part of the selling dealer. Nowadays, the GST officers has started issuing notice demanding reversal of Input Tax Credit availed on purchase made from Registered Tax payers (RTPs) whose registration […]

ICSE (Class X) 2021 Examinations cancelled by CISCE

April 20, 2021 4119 Views 0 comment Print

Council For The Indian School Certificate Examinations has issued a Press release on 19th April 2021 and said that Given the present worsening situation of the Covid- 19 Pandemic in the country, the CISCE has decided to CANCEL the ICSE (Class X) 2021. The status of the ISC (Class XII) 2021 Examination remains the same, […]

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