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Archive: 19 May 2021

Posts in 19 May 2021

Section 154 of Income Tax Act – Rectification of mistake

May 19, 2021 15114 Views 2 comments Print

Section 154 of the Income Tax Act is a very important Section and as per this section the assessee or department has a right to rectify any arithmetical error in an assessment order or assessment intimation. Section 154(1A) authorizes the Assessing Officer to give appeal effect. The assessee can file an application to CPC in […]

Can a Promoter advertise or sell an apartment without or prior registration under RERA, 2016?

May 19, 2021 4740 Views 0 comment Print

Can a Promoter advertise or sell an apartment without or prior registration under RERA, 2016? Any person, who is covered under the clauses (i) to (vi) of 2(zk) of RERA 2016, is called as Promoter and such person needs to register his real estate project under RERA. Every Promoter shall register his real estate project, […]

SC Explains validity of Assessment of Widows of Assessee as AOP

May 19, 2021 1260 Views 0 comment Print

Commissioner Of Income- Tax vs Smt. Indira Balkrishna (Supreme Court) Section 2(31)(v) of the Income Tax Act ,1961 with Explanation “Person” includes an association of persons or a body of individuals , whether incorporated or not ,with Explanation as under : For the purpose of this clause , an association of persons or a body […]

FSSAI Revised Product Labelling Requirements Norms

May 19, 2021 11091 Views 1 comment Print

(The Food Safety and Standards (Labelling and Display) Regulations, 2020) MINISTRY OF HEALTH AND FAMILY WELFARE, Food Safety and Standards Authority of India (FSSAI) vide Notification No. F. No. 1-94/FSSAI/SP(Labelling)/2014(Pt-2) issued dated 17th November, 2020 and published in Gazette on 10.12.2020, has come up with The Food Safety and Standards (Labelling and Display) Regulations, 2020 […]

Take control of Drug used for treatment of Black Fungus: CAIT

May 19, 2021 1119 Views 0 comment Print

To prevent black marketing & hoarding of “Liposomal Amphotericin B” a crucial life saving drug used for treatment of Mucormycosis (Black Fungus), Confederation Of All India Traders has urged Dr. Harshvardhan ji, Hon’ble Minister for Health to take control of the drug & ensure proper supply to all hospitals through State Governments. Text oif their […]

Writ Petition not maintainable against appealable Assessment Order

May 19, 2021 1383 Views 0 comment Print

Omkara Assets Reconstruction Private Limited Vs ACIT (Madras High Court) In view of the fact that the Assessment Order is appealable and such appeal has been filed by the petitioner, I am not inclined to consider the Writ Petition on merits. Nonetheless, in view of the fact that the main issues for consideration in such […]

FAQs: Import of Oxygen Concentrators by individual for personal consumption into India by Courier Mode

May 19, 2021 900 Views 1 comment Print

 FAQs on Import of Oxygen Concentrators by individual for personal consumption into India by Courier Mode Q.1 Can an individual send an oxygen concentrator to an Individual in India via courier mode? Ans. Yes. Q.2 At the time of booking shipment at origin what paperwork does the shipper have to provide to the courier company […]

CCI invites comment on review of extant Confidentiality Regime

May 19, 2021 330 Views 0 comment Print

Public comments invited to review of the extant Confidentiality Regime as provided in Regulation 35 of the Competition Commission of India (General) Regulations, 2009 extended by one month due to COVID-19 pandemic

Virtual Imposters Beware of ‘FakeBuster’

May 19, 2021 288 Views 0 comment Print

Researchers at the Indian Institute of Technology, Ropar in Punjab and Monash University, Australia have developed a unique detector named ‘FakeBuster’ to identify imposters attending a virtual conference without anybody’s knowledge. It can also find out faces manipulated on social media to defame or make a joke of someone.

List of ICSI Officials for Covid 19 Support to Members

May 19, 2021 882 Views 0 comment Print

THE INSTITUTE OF Company Secretaries of India IN PURSULT OF PROFESSINAOL EXCELLENCE Statutory body under an Ad of Parliament (Under the jurisdiction of Ministry of Corporate Affairs) May 19, 2021 Dear Members, Further to the measures taken during this current pandemic period, the Institute has constituted a task force comprising of the following officials for […]

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