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Archive: 25 June 2021

Posts in 25 June 2021

Level 3 curbs in Maharashtra to contain Delta plus & Covid-19 spread

June 25, 2021 4212 Views 0 comment Print

Given that the virus causing Covid 19 is undergoing mutations in various geographies and that these mutations are displaying more transmissibility and potential reductions in monoclonal antibody response, a State Level Trigger mandating all the administrative units, irrespective of values of the indices of weekly positivity rate and oxygen bed occupancy percentage to remain at a level not below 3 is to be in operation till withdrawn by specific order of SDMA.

DGFT notifies SIONs for Phenol and Acetone

June 25, 2021 474 Views 0 comment Print

DGFT notifies SIONs for export product Phenol and Acetone under Chemical & Allied Product Group  vide Public Notice  No. 10/2015-20 | Dated: 25th June, 2021. MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) New Delhi Public Notice  No. 10/2015-20 | Dated: 25th June, 2021 Subject : Fixation of two new […]

ITAT Allowed set off of MAT Credit inclusive of Surcharge, Education Cess

June 25, 2021 4470 Views 0 comment Print

Tata Motors Ltd. Vs DCIT (ITAT Mumbai) M/s. Tata Motors Ltd. (Appellant) filed an appeal against the order of Commissioner of Income Tax (Appeals), computing set-off of Minimum Alternate Tax (MAT) credit under Section 115JAA of the Income Tax Act, 1961 (the IT Act) excluding surcharge and cess resulting in short grant of MAT credit […]

Draft Gas Cylinders (Fourth Amendment) Rules, 2021

June 25, 2021 1689 Views 0 comment Print

All the high pressure cylinders and Cryogenic containers used for filling Non-Toxic, Non-Flammable Gases and Liquids shall have permanent and tamperproof marking in form of QR code at conspicuous place on cylinders.

Why buying term life insurance in your 30’s is a smart choice

June 25, 2021 2328 Views 0 comment Print

Graduating, getting a job, starting to manage your own finances, and securing your future are all the stepping stones one sets out to achieve in their 20s. By the time you’re 30, you have likely achieved some financial stability. But, the ‘what if’ factor never leaves the mind, does it?

NCLT to start Regular Hearings from 1.07.2021 through Video Conferencing

June 25, 2021 1488 Views 0 comment Print

It has been decided to start regular hearing in NCLT Benches w.e.f. 1.07.2021 through Video Conference on all working days or as mentioned in remarks Column. The Composition of the Benches is as follows:

Recent Changes In TCS/TDS on Sale-Purchase of Goods

June 25, 2021 89703 Views 9 comments Print

Stay updated on recent changes in TCS/TDS on sale-purchase of goods. Learn about the new regulations and their impact on businesses.

Time of supply under GST laws

June 25, 2021 5388 Views 0 comment Print

The concept of time of supply of goods and services have been elucidated under the GST Law. Determination of time of supply becomes essential as it helps to find the applicable rate of GST. The time of supply in case of goods have been provided under section 12 of CGST Act. The time of supply in case of services have been provided under section 13 of CGST Act. Both of these sections provide six sub-sections.

Vacation of Director under Companies Act, 2013

June 25, 2021 33492 Views 0 comment Print

Vacation of office The office of director is vacate in following cases -When director incurs any of disqualification u/s 164 but if he incurs disqualification u/s 164(2) the office of director shall become vacant in all companies ,other than the company which is in default under that sub section -He absents himself from all meetings […]

What is Secularism ? – Right to Freedom of Religion

June 25, 2021 11604 Views 0 comment Print

Secularism is about understanding, developing and respecting different religions. The word ‘secularism’ probably comes from late medieval Europe. In 1948, during a debate in the Constituent Assembly, KT Shah asked to include the word “secular” in the preamble to the Constitution. The assembly members approved the secular nature of the Constitution, which was not included […]

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