Follow Us:

Archive: 24 December 2021

Posts in 24 December 2021

Rejection of refund of amount higher than that covered in SCN is not tenable

December 24, 2021 1620 Views 0 comment Print

TTEC India Customer Solutions Private Limited Vs Deputy Commissioner of Sales Tax (Gujarat High Court) Learned advocate, Ms. Amrita Thakore has emphatically urged that there is a clear violation of principle of natural justice and hence, the rejection of the refund claim for the entire sum of Rs.2,84,04,175/- needs urgent indulgence. According to her, the […]

Income Tax Calculator for FY 2021-22 in Excel for Salaried Individuals

December 24, 2021 1569597 Views 44 comments Print

Simple Income Tax Calculator for the Financial Year 2021-22 in Excel for Salaried Individuals. Tax Planning in the beginning of the Financial Year is always better instead of doing that at the end of the year in hurry. This will help the Individual to plan their Investments in advance and submit necessary documents to their […]

CBIC Notifies Rate of Exchange of Turkish Lira wef 25.12.2021

December 24, 2021 2571 Views 0 comment Print

CBIC notifies Rate of Exchange of Turkish Lira against Indian Rupees with effect from 25th December, 2021 vide Notification No. 103/2021-Customs (N.T.) | Dated: 24th December, 2021. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) ***** Notification No. 103/2021 – Customs (N.T.) New Delhi, dated the 24th December, […]

Conflicting judicial opinion – No adjustment U/s. 154 can be made 

December 24, 2021 1326 Views 0 comment Print

Nikhil Mohine Vs DCIT (ITAT Jabalpur) Sec. 43B(b) does not include the employee contribution, and even regarding so is to no avail, rendering the Explanations under reference, even as suggested by their express language, explanatory. An examination of the Notes on Clauses to, and the Memorandum explaining the Provisions of, Finance Bill, 2021, however, resolves […]

Annual Information Statement – Sale of land or building

December 24, 2021 18297 Views 0 comment Print

The ‘Annual Information Statement’ covers comprehensive details of the taxpayer’s financial transactions like details of property; shares; mutual funds etc. Once the Annual Information Statement is fully operational and validated, the same will replace Form 26AS, by that time, the taxpayers will be provided with both ‘Form 26AS’ and ‘Annual Information Statement’. The present article […]

AIS – Receipts from transfer of immovable property

December 24, 2021 12189 Views 1 comment Print

Annual Information Statement (AIS) – Receipts from transfer of immovable property AIS is the abbreviation form of ‘Annual Information Statement’ which is recently rolled out by the Income Tax Department. Along with ‘Annual Information Statement’, the department also came up with the ‘Taxpayers Information Summary’ i.e., TIS. Notably, if the information reflected in the ‘Annual […]

Form 20B Filing annual return by a company having a share capital with ROC

December 24, 2021 2781 Views 0 comment Print

FILING EFORM 20B –SCHEDULE-V – Form for filing annual return by a company having a share capital with the Registrar of companies The information to be provided in the eForm 20B should be up to the date of AGM. In case AGM is not held or AGM is held after the due date of AGM […]

Bicycles- Retro Reflective Devices (Quality Control) Amendment Order, 2021

December 24, 2021 1146 Views 0 comment Print

(1) This order may be called the Bicycles- Retro Reflective Devices (Quality Control) Amendment Order, 2021. (2) It shall come into force on the date of its publication in the Official Gazette.

Maharashtra Govt impose new covid restrictions & Nigh Curfew from today

December 24, 2021 9258 Views 0 comment Print

There shall be a ban on any assembly of people in groups of more than 5 from 9 PM to 6 AM throughout the state in all public places. i. In case of any activity that is not explicitly covered under these directions, DDMA may decide appropriate restrictions, generally following these principles or on the basis of local situation, as deemed fit. In such situations, DDMA must give adequate Public Notice before making such restrictions applicable.

Notification No. 54/2021-Customs, Dated: 24.12.2021

December 24, 2021 3777 Views 0 comment Print

Notification No. 54/2021-Customs Seeks to further amend Notification No. 46/2011-Customs, dated the 1st June, 2011 to give effect to 13th tranche of preferential tariff as per ASEAN India Trade in Goods Agreement (AITIGA) MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 24th of December, 2021 Notification No. 54/2021-Customs G.S.R. 881(E).—In exercise of the powers […]

Search Post by Date
May 2026
M T W T F S S
 123
45678910
11121314151617
18192021222324
25262728293031