"14 September 2021" Archive

Request to resolve issues in newly launched Income Tax Portal

Resolution sought for problems being faced in the newly launched Income Tax portal/Request to resolve the problems & hardships faced by the Common Tax Payers for various compliance under Income Tax Act, 1961....

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Posted Under: Income Tax | ,

Is your Company a Small Company for F.Y. 2020-21?

NEW VS OLD DEFINITION OF SMALL COMPANY As the annual filing season is coming along the way, it is pertinent to have a clear understanding about the applicability of definition of small company. For that matter, let’s have a look at some of the important points of consideration. – In the Union Budget 2021, Hon’ble […]...

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Posted Under: Income Tax |

Reg. Anti Dumping Duty on Rubber chemical PX-13 / MOR

Notification No. 50/2021-Customs (ADD) [G.S.R. 630 (E).] 14/09/2021

Notification No. 50/2021-Customs (ADD) In the matter of ‘Rubber chemical PX-13, originating in, or exported from, EU and Rubber chemical MOR, originating in, or exported from, China PR’...

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Consultation Paper on Review of SEBI (Settlement Proceedings) Regulations, 2018

SEBI introduced concept of settlement of enforcement proceedings through rule based guidelines issued in 2007. Thereafter in 2012, comprehensive guidelines were issued which expressly provided for a system of formulating and arriving at the settlement terms....

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Posted Under: Income Tax |

Anti-dumping duty imposed on imports of ‘Axle for Trailers’ Reg.

CASE NO. (AC) 07/2020 14/09/2021

Final Findings in Anti-Circumvention investigation concerning alleged circumvention of Anti-dumping duty imposed on the imports of ‘Axle for Trailers’ originating in or exported from China PR....

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Sunset review investigation on imports of Cold Rolled/cold reduced flat steel products

Notification No. Case No. A.D (SSR)-06/2021 14/09/2021

Final Findings in the Sunset review investigation concerning imports of ―Cold Rolled/cold reduced flat steel products of iron or Non-Alloy Steel, or other Alloy Steel of all width and thickness - not clad, plated or coated‖ originating in or exported from China PR, Japan, Korea RP and Ukraine....

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Anti-dumping investigation on imports of Sodium Hydrosulphite

Case No. AD (OI) – 29/2020 14/09/2021

Case No. AD (OI) – 29/2020 Anti-dumping investigation concerning imports of “Sodium Hydrosulphite” originating in or exported from China PR and Korea RP....

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Procedure for refund of application fees deposited by applicants for Restricted Import Authorisation of Pulses for the period 2021-22 –reg

Trade Notices 17/2021-22 14/09/2021

Applicants who applied for the Restricted import Authorisation for Moong, Tur and Urad for period 2021-22 as per the previous Notifications may choose to apply for refund of application fees, according to the procedural steps laid below....

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Extension of timelines for Issuance of Electronic health insurance policies

Ref: IRDAI/HLT/REG /CIR/ 248/09/2021 14/09/2021

Timelines for (a) Issuance of electronic policies and (b) dispensing with physical signatures and wet signature on the proposal form in respect of health insurance policies, stand extended up to 31st March,2022....

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IRDAI penalises Team Insurance Surveyors and Loss Assessors LLP

Order No. IRDA/ENF/ORD/ONS/ 245 /09/2021 14/09/2021

Multiple surveys were conducted on the same day across different locations. Some of the sample surveys in Delhi were not conducted by the licensed surveyor as the surveyor was not in Delhi. Rather the assigned surveyor was conducting surveys in Kerala or Bihar on the concerned dates. The surveyor did not visit the site himself and only si...

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