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Archive: June, 2021

Posts in June, 2021

Procedure to link passport with Covid vaccination certificate

June 26, 2021 6882 Views 0 comment Print

The Government of India, has given provision to link passport to Covid Vaccination certificate for those who have already Vaccinated for Foreign Travellers.

National Pension System (NPS) Digest

June 26, 2021 9537 Views 5 comments Print

Discover the benefits of the National Pension System (NPS) for regular income post-retirement. Learn about the low-cost structure, tax efficiency, and flexibility of investment.

Income Tax – Exmeptions And Extension Of Due Dates

June 26, 2021 2979 Views 0 comment Print

CBDT on 25 June, 2021 considering hindrances caused by Covid, extended due dates for certain compliance and exempted COVID treatment expenses incurred by employers. Summary: Exemptions: 1. Covid treatment expenses by employers for employees for FY 2019-20 and subsequent years. 2. Ex-gratia payment received by family members of employee deceased due to Covid for FY […]

Taxability where Stamp Duty Value higher than Sale Consideration

June 26, 2021 178075 Views 4 comments Print

Income Tax Act has broadly defined taxability of income under five heads of Income. One of them is Capital Gain, where gains arising out of the sale of capital assets are taxable in the hands of the seller of the capital asset. However, with the intention of tax evasion, assesses started entering into an agreement […]

e-filing portal of Income Tax Appellate Tribunal launched

June 26, 2021 1947 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 30237 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 1362 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 2343 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 1488 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 1386 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)

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