"20 September 2023" Archive

UDIN: Unique Document Identification Number for CAs | Benefits & Verification

Learn about UDIN (Unique Document Identification Number) for Chartered Accountants (CAs). Discover its purpose, format, registration process, benefits, and FAQs...

Posted Under: CA, CS, CMA |

Acquiring jurisdiction u/s 153C without satisfaction note is unsustainable in law

Smt. L. Ammini Vs ACIT (ITAT Chennai)

ITAT Chennai held that acquiring jurisdiction u/s 153C of the Income Tax Act without fulfilling the requirement of satisfaction note in case of searched person is unsustainable and liable to be quashed....

Denial of benefit under Vera Samadhan Yojna unjustified as outstanding amount in intimation erroneously showed higher amount

Planet Automotive Pvt. Ltd. Vs State of Gujarat (Gujarat High Court)

Gujarat High Court held that denial of benefit under Vera Samadhan Yojna-2019 alleging that full payment against the outstanding amount intimated not paid is unjustifiable in law as amount reflected in intimation erroneously showed higher outstanding amount....

Imposition of penalty not sustainable as duty demand settled under SVLDR Scheme

V.K. Aggarwal Vs Commissioner of Central Tax (CESTAT Delhi)

CESTAT Delhi held that when the demand of duty has been settled under SVLDR Scheme, the imposition of penalty would fail on simple ground that if the appellants had applied under the said scheme, they would have paid ‘nil’ duty....

DGFT De-Lists 29 Agencies for Certificates of Origin-FTP 2023

Public Notice No. 31/2023-DGFT [F. No. 01/93/180/28/AM-19/PC.II(B)/E-16025] 20/09/2023

DGFT delists 29 agencies from FTP 2023 Appendix 2E for failing to adopt e-CoO platform. Details and impact in this update...

SEBI’s SCORES Platform Enhancements and Grievance Redressal Changes

Circular No. SEBI/HO/OIAE/IGRD/CIR/P/2023/156 20/09/2023

Learn about SEBI's latest circular on enhancing its SCORES platform for investor grievance redressal. Discover how this update impacts listed companies, intermediaries, and designated bodies, and the timelines for compliance....

IPCEN Invitation: U.S. Department of Justice’s Intellectual Property Crimes Enforcement Network

Circular No. 23/2023-Customs [F.No. 15021/134/2023-ICD-CBEC] 20/09/2023

Read about invitation extended by the U.S. Department of Justice for CBIC's participation in IPCEN meeting in Bangkok, Thailand, and its significance in combating intellectual property crimes....

Extension of timelines for obtaining MahaRERA Real Estate Agent Certificate of Competency

Order No. 41A /2023 20/09/2023

Learn about extension of timelines for obtaining the MahaRERA Real Estate Agent Certificate of Competency. Stay compliant with MahaRERA regulations....

Clearance of capital goods under EPCG till exit from SEZ unit not available

Isgec Heavy Engineering Ltd Vs C.C.-Ahmedabad (CESTAT Ahmedabad)

CESTAT Ahmedabad held that as appellant has not exited from Special Economic Zone (SEZ), they are not eligible for clearing capital goods under the prevalent Export Promotion Capital Goods Scheme (EPCG Scheme)....

Excise payable on stock of liquor as manufacturer and seller is only one

Punjab Expo Breweries Pvt Ltd Vs Excise Commissioner And Anr (Delhi High Court)

Delhi High Court held that the petitioner is liable to pay excise duty on leftover stock of liquor transferred by two erstwhile licensees, both the erstwhile licensees and the Petitioner are one and the same. The manufacturer and seller of the liquor was only one i.e. the Petitioner and hence excise duty payable....

Search Posts by Date

December 2023