Follow Us :

Archive: February, 2022

Posts in February, 2022

Tariff Notification No. 12/2022-Custom (N.T.), Dated: 28.02.2022

February 28, 2022 1794 Views 0 comment Print

Notification No. 12/2022-CUSTOMS (N.T.)- -Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Reg. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) New Delhi Notification No. 12/2022-CUSTOMS (N.T.) | Dated: 28th February, 2022 S.O. 900(E).—In exercise of the powers conferred by sub-section (2) of section […]

Marine Products Export Development Authority (Amendment) Rules, 2021

February 28, 2022 369 Views 0 comment Print

1. (1) This Rule may be called the Marine Products Export Development Authority (Amendment) Rules, 2021. (2) This amendment shall be deemed to have come into force with effect from 1.1.2001.

Govt appoints Smt. Madhabi Puri Buch as Chairman of SEBI

February 28, 2022 870 Views 0 comment Print

Central Government hereby appoints Smt. Madhabi Puri Buch, Former Whole Time Member, Securities and Exchange Board of India as Chairman of the Securities and Exchange Board of India (SEBI), initially for a period of three years from the date of assumption of charge of the post, or until further orders, whichever is earlier.

Annual value of house property cannot be determined on ad-hoc basis when rent realized by assessee in subsequent years is on record

February 28, 2022 1269 Views 0 comment Print

Pavel Garg Vs ACIT (ITAT Delhi) Annual value of house property cannot be determined on ad-hoc basis when rent realized by assessee in subsequent years is on record ITAT finds that the AO has computed 10% of the value of investments in house property whereas the ld. CIT(A) reduced the amount to 5% of the […]

IFSCA (Annual Report and Returns and Statements and Other Particulars) Rules, 2022

February 28, 2022 1218 Views 0 comment Print

These rules may be called the International Financial Services Centres Authority (Annual Report and Returns and Statements and Other Particulars) Rules, 2022.

IFSCA (Form of Annual Statement of Accounts) Rules, 2022

February 28, 2022 717 Views 0 comment Print

These rules may be called the International Financial Services Centres Authority (Form of Annual Statement of Accounts) Rules, 2022.

Loss from Investments in subsidiaries made in normal course of business to make business more profitable allowable

February 28, 2022 7575 Views 0 comment Print

Refex Industries Limited Vs DCIT (ITAT Chennai) From the factual matrix as enumerated in preceding paragraphs, it could be gathered that the assessee was engaged in refrigerant gases which are used mostly in Air Conditioners, refrigerators and refrigerating equipments. With a view to expand its business and with a view to facilitate import of gases, […]

Partial modification to membership of GST Fitment Committee (FC)

February 28, 2022 3921 Views 0 comment Print

Partial modification to the membership of the Fitment Committee (FC) – reg. In partial modification to the Office Memorandum of even number dated 17th August, 2021 with respect to constitution of the Fitment Committee, its membership is now reconstituted as follows:

Whether Capital Contribution in Cash will Taxable as Cash Credit

February 28, 2022 5055 Views 0 comment Print

Can capital contribution of the individual partners credited to their accounts in the books of the firm be taxed as cash credit in the hands of the firm, where the partners have admitted their capital contribution but failed to explain satisfactorily the source of receipt in their individual hands?

Buyback of ESOPs

February 28, 2022 20607 Views 0 comment Print

Startups are increasingly announcing ESOP buybacks to retain and hire top talent amid the growing competitive market. Recently, Cars 24 announced a Buyback of ESOPs worth Rs. 75 Crores. There are many more companies announcing such buybacks. But the real question is what is the Buyback of ESOP? How does it work? Legally and Practically. […]

Search Post by Date
June 2024
M T W T F S S
 12
3456789
10111213141516
17181920212223
24252627282930