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Archive: 06 December 2022

Posts in 06 December 2022

Applicability of GST on export of pre-packaged and labelled rice upto 25 kg

December 6, 2022 6960 Views 1 comment Print

Understanding the applicability of GST on export of pre-packaged and labelled rice up to 25 kg. Get clarity on IGST payment with this ruling.

Representation on delay in processing of Section 119(2)(b) applications

December 6, 2022 5439 Views 0 comment Print

Representation on delay in processing of applications filed under Section 119(2)(b) of the Income-tax Act, 1961 and recommendation to introduce online measures

MCA imposes penalty on Company for not affixing sign board at Registered Office

December 6, 2022 13284 Views 0 comment Print

Government of India Ministry Of Corporate Affairs Office of the Registrar of Companies, Bihar-Cum-Official Liquidator, High Court, Patna 4th Floor, ‘A’ Wing, Maurya Lok Complex Dakbunglow Road, Patna-800001 No.: ROC/Pat/Inspn./54521/S-12/2219 Dated: 06.12.2022 Order for penalty for violation of Section 12(3)(a) of the Companies Act, 2013 M/S. SUKHASAN FARMER PRODUCER COMPANY LIMITED CIN: U011001322020PTC054521 Appointment of Adjudication […]

Revised Instruction for withholding of Refund u/s 241A in Scrutiny cases

December 6, 2022 6849 Views 0 comment Print

Instruction No. 07 of 2022 DIRECTORATE OF INCOME TAX (SYSTEMS) ARA Centre, Ground Floor, E-2, Jhandewalan Extension, New Delhi-110055 F.No.: DGIT(Systems)-1/Instruction/241A/2022-23 Dated: 06.12.2022 To All Principal Chief Commissioners of Income Tax/CCsIT All Principal Director Generals of Income Tax /DGsIT All Principal Commissioners of Income Tax/CsIT/CsIT(Admin & TPS) All Principal Directors of Income Tax/DsIT Madam/Sir, Subject: – […]

Foreign tax credit cannot be denied for mere delay in filing Form No. 67

December 6, 2022 2676 Views 0 comment Print

ITAT Mumbai held that mere delay in filing Form No. 67 as per the provisions of Rule 128(9) will not preclude the assesses from claiming the benefit of foreign tax credit in respect of tax paid outside India.

Bullion Exchange & Bullion Clearing Corporation to comply with conditions specified by IFSCA

December 6, 2022 768 Views 0 comment Print

The Bullion Exchange and Bullion Clearing Corporation shall comply with conditions specified by IFSCA from time to time.

Issuance of order u/s 148 without granting opportunity of personal hearing is untenable

December 6, 2022 2592 Views 0 comment Print

Kerala High Court held that before proceeding to issuance of notice u/s 148 of the Income Tax Act, the procedure contemplated u/s 148A needs to be complied. Matter remanded as opportunity for personal hearing not afforded before issuance of order.

Delay in filing of appeal not justified as notice and order duly communicated

December 6, 2022 2247 Views 0 comment Print

Madhya Pradesh High Court held that show cause notice and order of cancellation of registration duly communicated to the registered person. Hence, filing of belated appeal under section 107 of the GST Act is not condonable.

Scheme of amalgamation allowed as net worth of transferor and transferee company is highly positive

December 6, 2022 1569 Views 0 comment Print

NCLAT Delhi held that application for sanctioning a scheme of Amalgamation is allowed as Net Worth Of Transferor & Transferee Company is highly positive and accordingly it shall be presumed that the secured creditors has no objection to the amalgamation.

Land Owner – Promoter under RERA Act 2016

December 6, 2022 33738 Views 1 comment Print

Discover the importance of the Land Owner – Promoter role under the RERA Act 2016. Learn how this regulation aims to bring professionalism and accountability to the real estate sector.

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