It is necessary to impose various restrictions in different parts of the Maharashtra beyond 7 AM on 1st June, 2021 till 7 AM on 15th June, 2021 to break the chain of transmission effectively. However, it is seen that as per the changing scenario in the State with regard to the COVID 19 conditions in various regions of the State, it is necessary to impose restrictions in line with the conditions in every region
Supreme Court Laxmi Pat Surana Vs. Union Bank of India & Anr. [CA No. 2734/2020] An FC had extended a credit to a proprietorship firm, which failed to repay the amount. The credit was guaranteed by a company. The FC filed an application under section 7 for CIRP of the CD (guarantor company). The application […]
Please tell me the figure of the late fees GST Department has collected from July 2017 till date? Total Fees (Net) collected under GST in the books of central Govt. accounted by this office from 1st July, 2017 to December, 2019 is Rs. 4,322.32 crore.
Central Bank of India invites applications from interested External Agencies from reputed firms of Chartered Accountants (CAs) and Company Secretaries (CSs) or CAs / CSs in their individual capacity for empanelment for Due Diligence process of Advances.
As a result of Cyclones Tauktae,Yaas there are reports of loss of human lives and loss of belongings in the affected Districts of primarily in the states of Maharashtra, Gujarat, Odisha and West Bengal. In order to extend every possible facilitation in quick and timely settlement of life insurance claims, you are advised to take the following actions immediately in all the states affected by the said cyclones:
ITO Vs Ayesha Abid Ali (ITAT Hyderabad) We find that the Assessing Officer has made the addition in the hands of the assessee of interest income from an A/c with HSBC held by the assessee jointly with her husband which was opened by his employer to deposit his salary income. Therefore, it is not an […]
ACIT Vs V.V. Rajam (ITAT Hyderabad) On perusal of the statement, AO has observed that the assessee has purchased a land of 2 acres in survey No. 356/3E1/1 situated at Pragnyapur village, Gajwel Mandal, Medak District in his name for a consideration of Rs. 1.2 crore as well as purchased a house in Hyderabad in […]
In re Victoria Realtors (GST AAR Kerala) 1. Whether the new tax rate of 7.5% (effective rate of 5% after excluding land portion), with no ITC, is applicable to the 11 unbooked units in the said VRINDHAVAN project? No. Since the applicant has exercised option for paying tax at the rate as specified in Item […]
In re Synthetic Moulders Limited (GST AAR West Bengal) Classification and rate of tax on aerobic micro organism/protein derived thereof used in cementitious / concrete application The product, viz. aerobic micro organism/protein derived thereof used as a biological agent to reduce the requirement of cement in all cementitious/concrete application as manufactured and to be supplied by […]
Important Announcement regd. ICAI Foundation Exams – June 2021 – Patan (Gujarat) & Malegaon (Maharashtra) are added to the list of cities where the Foundation Examinations-June 2021 are scheduled to be held on June 24th, 26th, 28th & 30th 2021 Examination Department The Institute of Chartered Accountants of India 27th May, 2021 IMPORTANT ANNOUNCEMENT No. […]
