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Archive: 23 November 2021

Posts in 23 November 2021

CESTAT Order allowing refund of CESS attains finality if not challenged by Revenue

November 23, 2021 855 Views 0 comment Print

Insecticides India Ltd. Vs Commissioner of C G & S T, Jammu (CESTAT Chandigarh) It is an admitted fact that earlier orders of this Tribunal have been accepted by the Revenue and no appeal has been filed against those orders. In the absence of any challenge to the orders of this Tribunal, the adjudicating authority […]

SEBI mandates Disclosure of Complaints against Stock Exchanges/Depositories/Clearing Corporations

November 23, 2021 447 Views 0 comment Print

SEBI  mandates Disclosure of Complaints against the Stock Exchanges (excluding Commodity Derivatives Exchanges)/Depositories/Clearing Corporations vide Circular No. SEBI/HO/MRD1/MRD1_ICC1/P/CIR/2021/664 Dated: November 23, 2021. Securities and Exchange Board of India CIRCULAR SEBI/HO/MRD1/MRD1_ICC1/P/CIR/2021/664 November 23, 2021 To, The Managing Directors / Chief Executive Officers All Recognized Stock Exchanges (excluding Commodity Derivatives Exchanges)/Depositories/Clearing Corporations Dear Sir / Madam, Sub: […]

Section 10(46) exemption to Haryana State Legal Services Authority

November 23, 2021 1095 Views 0 comment Print

Vide Notification No. 133/2021-Income Tax | Dated: 23rd November, 2021 CBDT notifies Tax Exemption to ‘Haryana State Legal Services Authority’ Panchkula (PAN AAALH0475J), an authority constituted by the State Government of Haryana, in respect of the specified income under section 10(46) of Income Tax Act, 1961. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF […]

CBDT notifies revised Form No. 52A for Assessee producing cinematograph film

November 23, 2021 6093 Views 0 comment Print

CBDt notifies revised FORM NO. 52A– Statement to be furnished to the Assessing Officer under section 285B of the Income-tax Act, 1961, in respect of production of a cinematograph film under Rule rule 121A of Income-tax Rules, 1962 vide Notification No. 132/2021-Income Tax Dated: 23rd November, 2021. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD […]

GST evasion of Rs.1069 Cr detected by Raigad, Pune & Meerut Units

November 23, 2021 1326 Views 0 comment Print

Raigad CGST Commissionerate had reported detection of GST evasion, based on data analytics, by wrong availment of ITC to the tune of Rs.100.75 crores in respect of Cess under the GST (Compensation to States) Act, 2017 in contravention of Section 17 (2) of the CGST Act, 2017.

GST: Partial relief provided to taxpayer on condition of co-operation in investigation

November 23, 2021 1374 Views 0 comment Print

Madhav Copper Limited Vs State of Gujarat (Gujarat High Court) Conclusion: In present facts of the case, the writ petition was disposed of by providing partial relief to the Petitioner for fulfilment of its business orders but with  a condition to cooperate with Revenue in investigation. Facts: This is a petition under Article 226 of […]

व्यक्तिगत डेटा संरक्षण बिल बढ़ाएगा गैर सरकारी संस्थानों और व्यापारियों की मुश्किलें

November 23, 2021 2376 Views 1 comment Print

व्यक्तिगत डेटा संरक्षण अधिनियम 2019 जो केन्द्रीय केबिनेट ने 2019 में मंजूर किया था वो संसदीय समिति के समक्ष विचारर्थ था जिसे 22/11/2021 को बहुमत से पारित कर दिया गया है. इस तरह अब यह संसद के अगले सत्र में पेश होगा और पास होते ही यह कानूनी रूप ले लेगा. ये बिल भारतीय नागरिकों […]

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