Aristo bullion pvt. Ltd. is in business of supply of Gold (including Gold Plated with Platinum) unwrought or in semi-manufactured forms or in powder form, based metal clad with silver, not further worked than semi-manufactured, coin etc; that it involves some manufacturing process also and in the said activities various inputs viz. Gold Dore, silver […]
Any person responsible for paying to a non-resident, not being a company, or to a foreign company, shall deduct income-tax thereon at the rates in force is responsible to deduct tax u/s 195 of the act. Nature of Payment a) Any interest (not being interest referred to in section 194LB, 194LC and 194LD). b) Any […]
Taking cognizance of hardship faced by taxpayers in view of the COVID-19 pandemic, Central Board of Direct Taxes (‘CBDT’) has provided certain relaxations to taxpayers by extending the following due-dates: ♦ Due-date for filing appeal before Commissioner (Appeals) [‘CIT(A)’] or objections before Dispute Resolution Panel (‘DRP’) in time-barring cases has been extended to 31 May […]
Fast Track Merger is a streamlined process of merger that has simplified the process of merger in comparison with traditional merger procedure. The procedure of Merger and Amalgamation has become an easy step after introduction of the scheme of ‘FAST TRACK MERGER’.
ACIT Vs. Rajesh Jhaveri Stock Brokers Pvt. Ltd. (Supreme Court) Assessment order or an intimation u/s 143(1) of the Income tax Act , 1961 as it stood prior to amendment wef 1.4.1989 and thereafter and further amendments made . A broad analysis has been extracted from the judgement of the Hon’ble Supreme Court of India […]
The Institute of Company Secretaries of India KIND ATTENTION STUDENTS ! RE-OPENING OF ONLINE WINDOW FOR SUBMISSION OF CS EXAMINATION FORM FOR JUNE 2021 EXAM SESSION (NOW POSTPONED & FRESH DATES ARE YET TO BE ANNOUNCED) The Last date for submission of Examination form for CS Foundation/ Executive/ Professional Program Examinations for June 2021 Session […]
Confederation of all India Traders has written a letter to Shri Amit Shah, Hon’ble Minister for Home Affairs and requested Request to take strict action against alleged black-marketing of covid related medicines and equipment. Full text of the letter is as follows:- “Vyapar Bhawan” 925/1, Naieala, karol Bagh, New Delhi-110005. Phone: +91-11-45032664, Telefax: +91-11-45032663 E-mail: […]
Strict Action against E-Commerce Entities for Violation of Restrictions on Account of GOYIM 19 Pandemic by Sale of Non-Essential Goods, against government orders.
We regret to inform that now even the Police has started booking members belonging to the respectable fraternity of Chartered Accountants for bonafide actions done by these professionals in their routine course of work on behalf of their clients.
GST: Input Tax Credit (ITC) for packing materials consumed in packing of Exempted/Nil rated/Zero rated & Non GST supplies; Under the GST Acts which comprises the Central Goods & Services Tax Act, 2017 (CGST Act), State Goods & Services Tax Acts,2017 (SGST Acts), Integrated Goods & Services Tax Act,2017 (IGST Act) and the Union Territory […]
