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Archive: 26 June 2021

Posts in 26 June 2021

e-filing portal of Income Tax Appellate Tribunal launched

June 26, 2021 1536 Views 0 comment Print

Law Minister Shri Ravi Shankar Prasad launches ‘itat e-dwar’, an e-filing portal of Income Tax Appellate Tribunal. Portal will enable online filing of Appeals, Applications, documents etc. by various parties. Cases of  Income Tax Appellate Tribunal should be integrated in National Judicial Data Grid: Shri Ravi Shankar Prasad

Request for extension of due dates of Form CFSS-2020 & DPT-3

June 26, 2021 29646 Views 4 comments Print

Considering that the Country is still under recovery phase and Corporates are finding it difficult to work with full capacity, we request your esteemed office to consider relaxations in due dates of the following, in line with various other relaxations extended by the MCA

No grant of pre-emptory injunction to Sushant’s father for violation of right to privacy

June 26, 2021 1110 Views 0 comment Print

Krishna Kishore Singh Vs Sarla A. Saraogi (Delhi High Court) Conclusion: Plaintiff i.e., Sushant Singh father  had failed to satisfy the three-pronged test for grant of pre-emptory injunction to restrain exhibition of the films and defendant had filed numerous documents to show that the said film was being publicized and promoted since August, 2020. Therefore, Plaintiff […]

GST, Income Tax, DGFT, FEMA, Customs Updates dated 26.06.2021

June 26, 2021 2127 Views 0 comment Print

We are always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider financial and economic implications for the country and the stakeholders. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, […]

ICSI Clarification on eligibility of Members for re-election to Council

June 26, 2021 1263 Views 0 comment Print

Clarification on the eligibility of Members for re-election in terms of Section 10 of the Act read with Rule 7 of the Company Secretaries (Election to the Council) Rules, 2006

ICSI Election to Council from EIRC 2021- Voter List available for sale

June 26, 2021 1218 Views 0 comment Print

List of members eligible to vote (List of Voters) from the EIRC of the Institute of Company Secretaries of India (ICSI) are available for sale at the Headquarters, Eastern India Regional Office and Chapter Offices of the EIRC of the ICSI, from 21st June, 2021 (Monday)

Income Tax (CBDT) Due Date Extended beyond June, 2021

June 26, 2021 9993 Views 1 comment Print

The Board of Direct Taxes (Income Tax Department) vide circular No. 12 of 2021 & Press Release dated 25.06.2021, in exercise of its power under section 119 of the Income-tax Act, 1961 (Act) has issued circular w.r.t. Extension of time limits of certain compliances to provide relief to taxpayers in view of the severe pandemic […]

RCM on purchase of inputs, input services or capital goods from unregistered supplier by promoters

June 26, 2021 7911 Views 0 comment Print

RCM on purchase of inputs, input services or capital goods from unregistered supplier by the promoters. Here (i) the term ‘promoter’ shall have the same meaning as assigned to it in clause (zk) of section 2 of the Real Estate (Regulation and Development) Act, 2016 (16 of 2016); (ii) “project” shall mean a Real Estate Project (REP) or […]

Procedure for registration at compliance portal & applicable tax rate

June 26, 2021 10800 Views 0 comment Print

Section 206AB and 206CCA of The Income Tax Act will be effective from 01.07.2021. The provision requires deductor to make the TDS u/s 206AB and 206CCA if payment is made to specified person. The specified persons is defined the section, however it has become a very difficult task to determine who is a specified person […]

Discussion Paper on Review of delisting framework pursuant to open offer

June 26, 2021 1776 Views 0 comment Print

The objective of Discussion Paper on Review of delisting framework pursuant to open offer is to seek comments / views from the public on the proposed new framework of delisting pursuant to open offer.

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