E-Committee, Supreme Court of India has released Manual for its top citizen-centric service- free ‘e-Courts Services Mobile app’ in 14 languages (English, Hindi, Assamese, Bengali, Gujarathi, Kannada, Khasi, Malayalam, Marathi, Nepali, Odia, Punjabi, Tamil, Telugu).
The Hon’ble Gujarat High Court in Trust For Reaching The Unreached Through Trustee v/s CIT [R/Special Civil Application No. 8977, 9370, 9760 of 2020 dated December 22, 2020] quashed and set aside the order rejecting the application for condonation of delay filed for exemption and held that an assessee being a public charitable trust who […]
Depreciation is calculated on the asset which is used for the purpose of business and/or profession. For claiming depreciation assessee should be the owner of asset. If such asset is partially owned then proportionate amount of depreciation is allowed to the assessee on the basis of his share in the asset. Depreciation is allowed if […]
Dharmendra Kumar Vs State of NCT of Delhi (Delhi High Court) A single judge bench of the Delhi High Court today directed that no authority shall stop any advocate in the NCT of Delhi from movement during the curfew period without an e-pass, ‘if he/she produces a valid identity card’ proving that he/she is […]
Minister of State for Finance and Corporate Affairs Shri Anurag Singh Thakur launches 1st Phase of MCA21 Version 3.0. Revamped website, e.Book, e.Consultation module and new email services deployed for better stakeholders’ experience introduced
Completion of Orientation Course/IT Training by the students undergoing practical training on or before 30th June, 2021 instead of 31st May, 2021
FAQs on New MCA Website Q.1 Has the new MCA website been launched? Has there been any change in the existing services? Ans. The Ministry of Corporate Affairs is in the process of implementing the third version of its flagship project MCA21 (MCA 21 V3). The project will be developed and implemented in phase-wise manner […]
J P Morgan India Private Limited Vs Special Director, Directorate of Enforcement and Anr. (Delhi High Court) Brief: Offence under FEMA – Distinction between the two stages of the adjudication process – eligible reasons by the respondent no. 1 for the formation of opinion to proceed with the inquiry against the petitioner. Our Comments: The […]
Shree Lakadipool Vitthal Mandir Vs CIT (Exemption) (ITAT Pune) In the present case, the objects of the trust are not doubted by the Department and they have also not disputed the charitable nature of the activities conducted by the assessee trust. Meaning thereby, all the relevant records were submitted before the Ld. CIT(Exemption) and he […]
CESTAT Delhi’s ruling in National Steel & Agro Industries Limited vs. Principal Commissioner – Analysis of Rule 6(3A) in proportionate credit division. Crucial insights for manufacturers on compliance.