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Archive: 22 August 2021

Posts in 22 August 2021

HC stays Section 263 order as Mandatory twin pre conditions were prima facie not fulfilled

August 22, 2021 1443 Views 0 comment Print

In view of above aspects, we find that a prima facie case has been made out by the petitioner. Considering the balance of convenience and irreparable loss that the petitioner may suffer, further process pursuant to the order dated 24.03.2021 under Section 263 of the IT Act shall remain stayed until further order(s).

‘Senses iPERL smart meter’ merit classification under HSN 90261010

August 22, 2021 1077 Views 0 comment Print

From the product catalogue, it appears that this flowmeter measures the mass flow of liquid. The flowmeter appears to be capable of measuring the value and the measured parameter(s) are displayed visually or provided as digital output.

Fake invoice racket evading tax of Rs. 32.56 crores of GST busted

August 22, 2021 3942 Views 0 comment Print

Press Release by CGST Agra Commissionerate regarding busting of of fake invoice racket evading tax of Rs. 32.56 crores of GST. Total 4 persons arrested Press Release Dated: 19.08.2021 Acting upon the intelligence developed by Anti-Evasion Branch of CGST Agra, an investigation was initiated against M/s G.S. Traders (GSTIN-09BRCPG1186M1ZJ) Agra, whereby it was found that […]

Mandatory MGT-14 filing for Board Resolution in case of Private Placement

August 22, 2021 32292 Views 2 comments Print

e-Form MGT-14 for board resolution, even in private company, shall be filed with the Registrar of Companies within 30 days of passing of board resolution and pay fee as per the Companies (Registration Offices and Fees) Rules, 2014.

Are ‘Senior Advocates’ out of reach of a common man?

August 22, 2021 3930 Views 2 comments Print

Can a common man afford the services of a Senior Advocate? Explore the accessibility of Senior Advocates in the High Court/ Supreme Court.

Request for Rationalisation of Section 270AA Penalty Provisions

August 22, 2021 5451 Views 1 comment Print

A reasonable leniency may be exercised by the AOs to allow the Taxpayer’s who have paid the tax and interest beyond the time limit specified in the demand notice issued u/s 156 to accept the application and grant immunity u/s 270AA.

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