Aditya Birla Sun Life Mutual Fund granted Aadhaar authentication permission under the Prevention of Money-laundering Act, 2022.
Madras High Court held that the coinsurance premium and re-insurance commission would not be considered as supply and hence not liable to pay GST. Thus, amount deposited by petitioners are entitled for refund.
The petitioner, aggrieved by the Assessment Order filed an appeal before the Commissioner’s Office and it is submitted that the appeal is presently pending but no effective order has been passed thereon.
These orders arises out of demand notice dated 3/3/2011 issued by respondent no.2 calling upon the Federation to pay an amount of Rs.14,21,145/- and to deposit the same to the credit of respective EPF accounts of the employees of the Federation.
ITAT Delhi held that grant-in-aid incurred wholly and exclusively for the purpose of business is allowable as deduction. Accordingly, appeal is allowed and addition of the same by AO is liable to be deleted.
The Ministry of Finance rescinds Central Excise Notification No. 08/2022 with immediate effect under public interest provisions.
The Ministry of Finance amends Central Excise Rules, 2017, removing specific provisos in Rules 18 and 19. Changes take effect immediately.
The Ministry of Finance rescinds Customs Notification No. 32/2022 with immediate effect. Past actions remain unaffected by this change.
Supreme Court held that employee remaining absent from duty for 90 days without intimating employer and employee not responding to notice addressed to delinquent justifies employer action of terminating employee by treating as abandonment of service.
Petitioners sought for an adjournment requesting relevant papers to examine the legality of the personal hearing notice. Respondent No.3 furnished documents most of which were handwritten and illegible.