These regulations may be called the Pension Fund Regulatory and Development Authority (Pension Fund) (Sixth Amendment) Regulations, 2021. 2. These shall come into force on the date of their publication in the official gazette.
R M Dairy Products LLP Vs State of U P (Allahabad High Court) provision of Rule 86-A is not a recovery provision but only a provision to secure the interest of revenue and not a recovery provision, to be exercised upon the fulfillment of the conditions, as we have discussed above, we are not inclined […]
Carraro India Private Limited Vs DCIT (ITAT Pune) It is seen that the assessee paid commission of Rs.58.65 lakh to overseas agents for export orders obtained by them in overseas territories. Section 195 mandates the deduction of tax at source from any sum paid by the assessee which is ‘chargeable under the provisions of this […]
Provisions of the Entry Tax on vehicles The Entry Tax was a levy on goods entering into a State (similar to Octroi which was levied upon entry of goods into a city). As per the Tamil Nadu Tax On Entry Of Motor Vehicles To Local Areas Act, 1990, (Act), Entry tax was required to be […]
Inland Vessels Bill, 2021 is introduced in Lok Sabha on 22/07/2021. Inland Vessels Act, 2021 is A Bill to promote economical and safe transportation and trade through inland waters, to bring uniformity in application of law relating to inland waterways and navigation within the country, to provide for safety of navigation, protection of life and […]
Annual Return on Foreign Liabilities and Assets (FLA) Foreign Liabilities and Assets (FLA) Return is an Annual Return which is required to be submitted by those entities which have received FDI and/or made overseas investments in any of the previous years including the current year i.e., entities which have Foreign Assets or Liabilities in their […]
Hindustan Zinc Ltd. Vs Commissioner of Central Goods & Service Tax (CESTAT Delhi) The issue involved in this appeal by the assessee is whether the demand of cenvat credit by way of reversal is justified, under the provisions of Rule 3(5B) of Cenvat Credit Rules, under the fact that the appellant has made provision in […]
Addition made on account of under-invoicing of sales to sister concern was not justified unless and until export sales to sister concern were sham transaction.
In re Technosoft Solutions (GST AAR Andhra Pradesh) 1. Question: Whether APEPDCL can be treated as a limb of Government of AP or not? Answer: APEPDCL is a ‘Government Entity’. 2. Question: The rate of tax is 12% or 18% and also under which SAC/ HSN code the above work which was awarded by the […]
In re Mother India Natural Stones (GST AAR Andhra Pradesh) The issue at hand is to decide the classification of the product whether it can be classified under the HSN code 25140000 i.e., Slate, Whether Or Not Roughly Trimmed Or Merely Cut, By Sawing Or Otherwise, Into Blocks Or Slabs Of A Rectangular (Including Square) Shape or […]
