In order to dispose off the pending settlement applications as on 31.01.2021, the Central Government has constituted Interim Board for Settlement vide Notification no. 91 of 2021 dated 10.08.2021.
INTRODUCTION:- The aim of Indian government is to increasing the output and quality of export from India in pursuance to the “Make in India” policy. Indian government also provide the many incentives to the exporters which are explain below. WHAT IS EXPORT INCENTIVES:- Export incentives are certain benefits exporters receive from the government as acknowledgement […]
A director is a person duly appointed to the Board of a Company, collectively called as Board or Board of Directors. The Board is responsible for the management of affairs of a company. They have the responsibility to act in the best interest of the company. Although, directors act on behalf of the company but […]
Sahayta Security Services Pvt Ltd, Vs Asst. Commissioner State Tax & (GST Appellate Authority, Himachal Pradesh) GST Appellate Authority revokes cancellation of GSTIN as It is made clear in the section 107 (7) that after amount of pre deposit paid by appellant, recovery proceeding for balance amount shall deemed to be stayed. Issue involved: Revocation […]
What is an income tax audit under section 44AB? In India, various laws govern different types of audits like statutory audit, stock audit, cost audit. The core purpose of these audits is to ensure that the books of accounts are free from any error mentioned in the particular law. Similarly, Income Tax Act provides for […]
Be it CA, CS, or other professional exams; Students experience high levels of stress and anxiety. The situation worsens when, unfortunately, one or more objects or attempts fail. Sometimes, even if you prepare well, the results are unexpectedly bad. This is frustrating for any student and, if not treated fairly, can affect their future performance. […]
CIT Vs Tweezerman (India) Pvt. Ltd. (Madras High Court) The short question involved in the instant case is as how to compute the total turnover while considering the claim for exemption under Section 10B of the Act. The assessee is engaged in the manufacture of certain articles which are being exported and during the manufacturing […]
In Ravi Parthasarthy and Ors. v. State of Tamil Nadu [CRL. O.P. NOS. 3730, 4227, 4095 & 11206 OF 2021 CRL. M.P. NOS. 6647, 6649, 2218, 2601, 2679, 3388, 6708 & 6709 OF 2021 W.P. NO. 1397 OF 2021 AND W.M.P. NO. 5917 OF 2021 dated August 31, 2021]], Ravi Parthasarthy (Petitioner No. 1), Hari […]
CORRIGENDUM to Notification No. 101/2021-Income Tax [G.S.R. 616(E)] Dated: 6th September, 2021 related to removal of Requirement of using DSC for efiling of submissions in e-proceedings. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 102/2021 – INCOME-TAX CORRIGENDUM New Delhi, the 7th September, 2021 G.S.R. 619(E).—In the notification of the […]
Case No. (AD-OI -22/2020) Anti-Dumping investigation concerning imports of Certain Flat Rolled Products of Aluminium originating in or exported from China PR-reg.