‘There is no friend as loyal as a book’, said American author Ernest Hemingway. Books fuel up your imagination, provide comfort in times of sadness and open up your eyes for the world. The importance of the habit of reading is closely linked to professional success, as it opens the brain to new experiences and […]
Keeping in view the investigations pending with law enforcement agencies, proceedings pending at various courts, you are advised to preserve the CCTV recordings of operations at bank branches and currency chests for the period from November 08, 2016 to December 30, 2016 in a proper way, till further orders.
Rearing of the silk worms is not Agriculture Income as defined u/s 2(1A) of the Income Tax Act , 1961 . Sericulture is not Agricultural activity and hence income derived from rearing silkworms is not Agricultural Income as defined in section 2(1A) of the Income Tax Act, 1961. Let us understand what is Sericulture and […]
Importer is required to apply online for CHIP Import registration between 60 days to 15 days prior of expected date of arrival of import consignment. The automatic Registration Number thus granted shall remain valid for a period of 75 days. It is mandatory to have registration of said products for Bill of Entry to be filed on or after 1st August 2021
Anti-dumping Investigation concerning imports of Natural Mica based Pearl Industrial Pigments excluding cosmetic grade originating in or exported from China PR.
We wish to draw your kind and immediate attention towards the precarious and vulnerable condition of the traders of Delhi arising out of the current coronavirus pandemic under which shops and markets in Delhi have to remain closed for about more than 50 days.
CBDT approves M/s Indian Institute of Technology (IIT), Bhilai for Scientific Research and Research in Social Science and Statistical Research for the purposes of clauses (ii) and (iii) of sub-section (1) of section 35 of the Income-tax Act, 1961 (43 of 1961) read with rules 5C and 5E of the Income-tax Rules, 1962 vide Notification […]
In re Udupi Nirmithi Kendra (GST AAR Karnataka) In the first scenario, since the value of the single invoice is more than Rs.2.5 lakh, there is no doubt that the tax deduction at source is applicable under section 51 subject to other conditions. In the second scenario, the applicant has clearly stated that the value […]
Table-12 of GSTR-1 pertains to the data related to the HSN-code wise supplies of goods & services declared in the aforesaid GSTR-1. It has been reported that in the GSTR-1 for the tax period of May 2021, the ‘Total Invoice value’ field in the preview PDF is displaying a value as ‘0’ (zero) instead of […]
CBDT has amended Rule 31A of Income Tax Rules, 1962, Form 26A, form 26Q and following annexures to Form 26Q i.e. Deductee/Payee Wise Break Up Of TDS, Form 27EQ, annexures to Form 27EQ – Party Wise Break Up Of TCS, Form 27Q and annexures to Form 27Q-Deductee Wise Break Up Of TDS vide Notification No. […]
