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Archive: 12 July 2022

Posts in 12 July 2022

Lease Rental is Operational Debt under IBC, 2016: NCLAT

July 12, 2022 2313 Views 0 comment Print

Jaipur Trade Expocentre Private Limited Vs Metro Jet Airways Training Private Limited (NCLAT Delhi) We have noticed above that Section 3(33) of the Code deals with ‘transaction’. Agreement dated 15.04.2017 is fully covered within the meaning of word ‘transaction’ as defined in Section 3(33). We may also need to look into the meaning of expression […]

Landlord entitled to compensation From Tenant on stay of Execution of Decree of Eviction: SC

July 12, 2022 6339 Views 0 comment Print

After passing decree of eviction tenancy terminates and from that date landlord is entitled for mesne profits or compensation depriving him from use of premises.

Scolding Employee to Maintain Office Discipline not an offence under IPC

July 12, 2022 5625 Views 0 comment Print

When an employee is scolded just with a view to maintain office discipline and out of fear or being hyper­sensitive, if an employee commits suicide, that would not constitute an offence attracting provisions of Section 306 of Indian Penal Code as the action taken by the employer was in good faith to maintain office discipline.

GST on Mining Royalty: Rajasthan HC Grants Interim Protection

July 12, 2022 2904 Views 0 comment Print

Shree Basant Bhandar Int Udyog Vs Union of India (Rajasthan High Court) This bunch of writ petitions primarily involves the issue of permissibility of raising demand of GST on royalty. The petitioners in these petitions have challenged the notifications whereby, royalty paid by them on mining activity is being subjected to GST and/or notices issued […]

Controlled Delivery (Customs) Regulations, 2022

July 12, 2022 2178 Views 0 comment Print

CBIC notifies Controlled Delivery (Customs) Regulations, 2022 vide Notification No. 59/2022-Customs (N.T.) dated 12th July, 2022 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) New Delhi, the 12th July, 2022 Notification No. 59/2022-Customs (N.T.) G.S.R. 540(E).—In exercise of the powers conferred by sub- section (1) of section 157 read with section […]

CBDT notifies rule & form for Application to defer filing of appeal before HC & ITAT

July 12, 2022 1746 Views 1 comment Print

CBDT notifies Income Tax Rule 16. Application under section 158AB to defer filing of appeal before the Appellate Tribunal or the jurisdictional High Court and inserts new Form No. 8A vide Notification No. 83/2022- Income Tax Dated 12th July, 2022- Income-tax (Twenty Second Amendment) Rules, 2022 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT […]

CBIC exempts E12 and E15 blended fuel from AIDC

July 12, 2022 420 Views 0 comment Print

Notification No. 15/2022-Central Excise, Dated: 12.07.2022 – Seeks to amend Notification No. 03/2021-Central excise to exempt E12 and E15 blended fuel from Agriculture Infrastructure Development Cess (AIDC) MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 12th July, 2022 Notification No. 15/2022-Central Excise G.S.R. 536(E).— In exercise of the powers conferred by section 5A of the […]

CBIC exempts E12 & E15 blended fuel from Road & Infrastructure Cess

July 12, 2022 465 Views 0 comment Print

Notification No. 14/2022-Central Excise, Dated: 12.07.2022 – Seeks to exempt E12 and E15 blended fuel from Road and Infrastructure Cess (RIC) MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 12th July, 2022 Notification No. 14/2022-Central Excise G.S.R. 535(E).—In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, […]

CBIC exempts E12 & E15 blended fuel from Special additional excise duty

July 12, 2022 1134 Views 0 comment Print

Notification No. 13/2022-Central Excise, Dated: 12.07.2022 – Seeks to amend Notification No. 28/2002-Central excise to exempt E12 and E15 blended fuel from Special additional excise duty. MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 12th July, 2022 Notification No. 13/2022-Central Excise G.S.R. 534(E).—In exercise of the powers conferred by sub-section (1) of section 5A […]

Foreign Liability and Assets Annual Return (FLA Annual Return)

July 12, 2022 3786 Views 1 comment Print

Understand the importance of FLA annual return for companies involved in Foreign Direct Investment or Overseas Direct Investment. Learn how to submit the return to the Reserve Bank of India.

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