Consumer Unity & Trust Society Vs PVR Limited (Competition Commission of India) Commission finds that the present case filed by the Informant is based on an apprehension that the PVR and INOX merger will result in the new entity being the largest player in Film Exhibition Industry. This entity, as per the Informant, will be […]
Discover key insights from CBDT Circular No. 18 of 2022 dated 13th September, 2022, providing additional guidelines for difficulties under section 194R of the Income Tax Act, 1961. Learn about the clarification on one-time loan settlements, reimbursement of expenses, and challenges in identifying benefits in group activities. Stay informed about the latest updates to ensure compliance and avoid penalties. Disclaimer: This article is for general information purposes; consult tax professionals for personalized advice.
Circular No. 19/2022-Customs F.No.484/35/2022-LC Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes & Customs *** Room No. 227A, North Block New Delhi, dated 14th 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 […]
PCIT-4 Vs Krishi Rasayan Exports Pvt. Ltd (Calcutta High Court) Whether the interest subsidy and excise refund would be treated as capital receipt or revenue receipt for the purpose of computation of book profit under the provision of Section 115JB of the Income-Tax Act, 1961 ? Identical issue was also considered by this Court in […]
CBIC amends RoSCTL notification number G.S.R. 663(E), dated the 24th September, 2021 vide Notification No. 76/2022-Customs (N.T.) | Dated: 14th September, 2022
MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS New Delhi Notification No. 75/2022-Customs (N.T.) | Dated: 14th September, 2022 G.S.R. 698(E).– In exercise of the powers conferred by sub-section (1) of section 51B of the Customs Act, 1962 (52 of 1962), the Central Government, hereby makes the following amendments in […]
Central Motor Vehicles (Fifteenth Amendment) Rules, 2022. Notification issued regarding comprehensive reforms in the Trade Certificate regime under the Central Motor Vehicle Rules, 1989. Ministry of Road Transport & Highways (MoRTH) vide GSR 703(E) dated 14 September 2022 has notified comprehensive reforms in the Trade Certificate regime under the Central Motor Vehicle Rules, 1989. Due […]
Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Vanijya Bhavan, New Delhi Notification No. 32/2015-2020-DGFT | Dated: 14th September, 2022 Subject: Amendment in Import Policy Condition under Chapter 39 of ITC (HS), 2022, Schedule — I (Import Policy). S.O. 4331(E): In exercise of powers conferred by Section […]
EOW cracked a major PAN India income tax refund scam being operated from Delhi NCR area. Economic Offences Wing, Bhubaneswar arrested accused Neeraj Singla (28 years age), a resident of Faridabad, Haryana, on 09.09.2022 in connection with EOW PS Case No.15 dt.27.08.2022 U/s 420/467/468/471/120-B IPC/ Sec.66 IT Act. The arrested accused was produced before the […]
TRAN-1 form is required to be filled by taxpayer who is entitled to carry forward Input tax credit from earlier regime to GST regime. TRAN-2 form is required to be filled by taxpayer who has registered for GST but was unregistered under the old regime to claim tax credit on stocks held by them on 30th June, 2017.
