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Archive: 08 September 2022

Posts in 08 September 2022

Arbitral award could be set aside if Terms and Conditions of Contract has not been followed: JK High Court

September 8, 2022 5037 Views 0 comment Print

rbitral award was set aside partially by the Hon’ble High court on the basis that the arbitrator has clearly exceeded his jurisdiction and has awarded most of the items of claims by either ignoring the terms and conditions of the contract or acting in derogation therefrom.

Refiling after removal of defects not amount to fresh filing: NCLAT

September 8, 2022 4464 Views 0 comment Print

NCLAT held that time period of 7 days for removal of defects is directory and refiling after removal of defects not amounts to a fresh filing.

New Cryptocurrency Tax Rules In India: Everything You Need To Know

September 8, 2022 6846 Views 0 comment Print

Explore the comprehensive guide on new cryptocurrency tax rules in India, covering virtual digital asset definition, history, taxation before and after 01/04/2022, and practical illustrations.

Section 271(1)(c) Penalty proceedings initiated against Assessee cannot continue against Legal Heir

September 8, 2022 1995 Views 0 comment Print

Impugned Section 271(1)(c) Penalty proceedings imposed by AO is not maintainable against assessee’s legal heir under section 159 of Act

18% GST payable on construction work contract services to UP Jal Nigam

September 8, 2022 2586 Views 0 comment Print

18% GST payable on non-commercial establishments construction work contract services provided to Uttar Pradesh Jal Nigam

No Penalty for e-way bill expiry without giving opportunity of being heard

September 8, 2022 2850 Views 0 comment Print

Whether assessee can be penalized due to expired E way bill with transportation for genuine reason with no intention of tax evasion

Bombay HC directs Govt to open portal for 2 Months to allow TRAN-1 & TRAN-2 filing

September 8, 2022 1221 Views 0 comment Print

Colgate Palmolive (I) Limited Vs Union Of India & Ors. (Bombay High Court) HC direct Govt to open the common GST portal for filing concerned forms for availing Transitional Credit through TRAN-1 and TRAN-2 for two months, i.e., with effect from 1st September, 2022 to 31st October, 2022 in compliance with the order of the […]

DIR-3 KYC on MCA V-3 Portal – FAQs

September 8, 2022 98586 Views 10 comments Print

Discover essential FAQs related to DIR-3 KYC filing on MCA V-3 Portal. Understand the requirements, procedures, and updates for a seamless compliance process.

SC dismisses SLP of assessee challenging Section 148A(d) order

September 8, 2022 12450 Views 0 comment Print

Supreme Court dismisses Anshul Jain’s SLP challenging the re-opening notice under Section 148A(d) of the Income Tax Act. High Court’s decision upheld

Criteria for various Committees & other aspect- Companies Act 2013

September 8, 2022 1200 Views 0 comment Print

Explore the criteria for various committees under the Companies Act 2013, including Audit, Nomination, Stakeholders, and CSR Committees. Understand the mandatory requirements and key considerations for their formation.

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