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Maharashtra imposes fresh Covid Curbs wef 22nd April 2021

April 21, 2021 14688 Views 1 comment Print

GOVERNMENT OF MAHARASHTRA Department of Revenue and Forest, Disaster Management, Relief and Rehabilitation, Mantralaya, Mumbai- 400 032 No: DMU/2020/CR. 92/DisM-1, Dated: 21st April, 2021 ORDER Break The Chain Reference: 1. The Epidemic Diseases Act, 1897. 2. The Disaster Management Act, 2005 3. Revenue and Forest, Disaster Management, Relief and Rehabilitation Department Order No. DMU-2020/C.R.92/DMU-I, dated […]

Allowability of membership fee paid to MCX Exchange Ltd.

April 21, 2021 1419 Views 0 comment Print

Unifi Capital Pvt. Ltd. Vs Income Tax Officer (ITAT Chennai) Admittedly, membership fee paid to any stock exchange including MCX Exchange Ltd., is for acquiring a right in membership of exchanges for trading in shares and securities. Further membership rights in any stock exchange including MCX Exchange Ltd., is a transferable right. Therefore, said right […]

Waiting time for availability of containers at ICDs & ports comes down

April 20, 2021 828 Views 0 comment Print

In coordination with Shipping lines, drive was taken to reposition empty containers in India on urgent basis. Consequently, 100,000 empty containers were repositioned on Indian ports from across the world by the Shipping lines.

Format, Procedure and Guidelines for submission of Statement of Financial Transactions  (SFT) for Dividend income

April 20, 2021 123720 Views 5 comments Print

The reporting entities are advised to provide information of dividend income, reported to Income Tax Department, to the taxpayers which will enable them to reconcile the information displayed in the Annual Information Statement (AIS) (Form 26AS).

HC quashes Look-Out Circular Issued against Merchant Navy Captain

April 20, 2021 2844 Views 0 comment Print

Mritunjay Singh Vs. Union of India and others (Calcutta High Court) FULL TEXT OF THE JUDGMENT/ORDER of CALCUTTA HIGH COURT 1. The present challenge is against a Look-Out Circular (LOC) issued against the petitioner. The petitioner is a Captain of the Merchant Navy and stays on the high seas for the most part of the year, […]

Formation of new district in Tamil Nadu –Assignment of Lead Bank Responsibility

April 20, 2021 738 Views 0 comment Print

he Government of Tamil Nadu vide Gazette Notifications G.O.Ms. No.797 dated December 28, 2020 had notified the formation of a new district in the State of Tamil Nadu. It has been decided to assign the lead bank responsibility of the new district as under:

Report Major/Important cases on Daily Basis: CBIC instruct Officers

April 19, 2021 732 Views 0 comment Print

Customs field formations regularly make seizure/ commercial fraud cases. These cases are later on reported on a periodic basis on the DDM portal, though at times with delay and also informed through UO notes in important cases. Many of the cases made by the DRI/ Customs involve not only big seizures of prohibited goods or commercial frauds but at times assume larger importance due to involvement of foreign nationals, prominent persons, leading business houses or any other sensitive issue.

E-way Bill – A Journey of Three Years

April 19, 2021 6006 Views 0 comment Print

Milestones Apr 2018 – Launch of EWB for Interstate Jun 2018 – Launch of EWB for Intrastate April 2019 Pin-pin distance calculation Dec 2019 Blocking of EWB for non-filers Dec 2019 100 Crore EWB generated Mar 2020 Integration with VAHAN system Apr 2020 Covid 19 Related Reports Oct 2020 Integration with e-Invoice System Jan 2021 […]

Government of Maharashtra notifies SOPs for long distance trains

April 18, 2021 966 Views 0 comment Print

All passengers to compulsorily wear masks in a proper fashion throughout the journey and at the railway stations. All passengers to maintain proper social distancing while boarding/ alighting from the trains or when getting tested/ checked at the stations when needed. Thermal scanners to be made available at entry/ exit points at all stations.

Government of Maharashtra Notifies Sops For Micro Containment Zones

April 18, 2021 1014 Views 0 comment Print

This SOP is intended to lay down controls or measures for confinement of infection to designated areas and stop its spread beyond its boundary i.e. to break the chain of transmission and thus prevent its further spread.

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