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Archive: 09 September 2022

Posts in 09 September 2022

Postmortem of Union Budget 2024: A Comprehensive Webinar

July 24, 2024 7251 Views 3 comments Print

Join our webinar on July 24-25 for an in-depth analysis of Union Budget 2024. Learn about tax proposals, sector impacts, and investment insights. Register now!

Live Course on 360 degree Analysis of Input Tax Credit from a Litigation Perspective

July 18, 2024 5202 Views 0 comment Print

Join CA Sachin Jain for a live course on Input Tax Credit from a litigation perspective. Gain practical insights and master ITC complexities. Register now!

AGMARK certification requirement for imported food consignments postponed

September 9, 2022 921 Views 0 comment Print

FSSAI agreed to keep the requirement of AGMARK certification for imported food consignments in abeyance further orders

Multiple steps outlined to prevent operations of Illegal Loan Apps: FM

September 9, 2022 597 Views 0 comment Print

Finance Minister Smt. Nirmala Sitharaman chairs meeting on Illegal Loan Apps. Multiple steps outlined to prevent operations of such Illegal Loan Apps. Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman chaired a meeting yesterday to discuss the various issues related to ‘Illegal Loan Apps’ outside the regular banking channels. The meeting was attended […]

Income Tax dept searches prominent business groups in Maharashtra

September 9, 2022 1803 Views 0 comment Print

Income Tax Department conducts searches on prominent business groups in Maharashtra The Income Tax Department carried out a search & seizure action on 25.08.2022 on two groups engaged in the business of sand mining, sugar manufacturing, road construction, healthcare, running of medical college etc. The search action covered more than 20 premises spread over Solapur, […]

ICAI declares Time Table of CA Foundation Exam December 2022

September 9, 2022 14586 Views 5 comments Print

ICAI declares time table for December 2022 CA Foundation Examination. Exam will be held on 14th, 16th, 18th & 20th December 2022

Objective of giving show cause notice is not an empty formality: HC

September 9, 2022 3798 Views 0 comment Print

Riddhi Siddhi Collection Vs Union of India and Ors (Bombay High Court) HC held that The objective of giving show cause notice is not an empty formality. The objective is to make the party aware of the case it has to meet. Thus time is given to respond to the same. The reduction of time […]

Customs procedure for export of cargo in closed containers from ICDs to Bangladesh using Inland Waterways

September 9, 2022 1788 Views 0 comment Print

F.No.550/05/2011-LC(Pt) Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes & Customs Room No. 49, North Block, New Delhi Circular No. 17/2022-Customs | Dated 09th September, 2022 To, All Principal Chief Commissioners/Chief Commissioners of Customs All Principal Chief Commissioners/Chief Commissioners of Customs (Preventive) All Principal Chief Commissioners/Chief Commissioners of CGST & […]

Amendment to IFSCA guidelines for Liquidity Enhancement Scheme

September 9, 2022 474 Views 0 comment Print

The Scheme shall have prior approval of the Governing Board of the Stock Exchange, which will be valid for one year. The Governing Board of the Stock Exchange may grant annual approval till the time the scheme is in operation. Further, its implementation and outcome shall be monitored by the Governing Board at quarterly intervals.

Registration of premises not prerequisite for claiming refund u/r 5 of CCR, 2004

September 9, 2022 273 Views 0 comment Print

Held that service provider is entitled for refund under rule 5 of Cenvat Credit Rules, 2004 when output service is exported. The said rule 5 doesn’t stipulate registration of premises as a necessary prerequisite for claiming a refund.

Format of Undertaking under section 12AB(4) of Income Tax Act, 1961

September 9, 2022 15507 Views 0 comment Print

Get a sample format for the undertaking under section 12AB(4) of the Income Tax Act, 1961. This declaration assures that the trust is exclusively for charitable purposes, and its activities adhere to legal conditions. Download now for compliance assurance.

Format of declaration under Section 13(1)(c) of Income Tax Act, 1961

September 9, 2022 16446 Views 1 comment Print

Generate a foolproof declaration under Section 13(1)(c) of the Income Tax Act, 1961 for your trust. Ensure compliance and transparency in handling trust income and property. Download the format now

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