Follow Us:

HC Permits Disqualified Director with Frozen DIN & DSC to Avail CFSS 2020

September 18, 2020 2454 Views 0 comment Print

The issue under consideration is whether Disqualified Director whose DIN and DSC has been frozen by the ROC due to non compliance will be eligible for Companies Fresh Start Scheme 2020?

Compulsory Complete Income Tax Scrutiny Guidelines during FY 2020-21

September 17, 2020 53679 Views 3 comments Print

Keeping in view of the Faceless Assessment Scheme,2020 implemented by the Department and the difficulties being faced amid COVID-19 pandemic, the parameters for compulsory selection of returns for Complete Scrutiny during Financial Year 2020-21 and conduct of assessment proceedings in such cases are prescribed as under:

High Court Rejects Anticipatory Bail of GST Official in alleged Bribery Case

September 17, 2020 807 Views 0 comment Print

Gurvinder Singh Sohal Vs. Central Bureau of Investigation (Punjab High Court) The prayer in this petition is for grant of anticipatory bail to the petitioner regarding his alleged involvement in Bribery Case. In the present case, the petitioner and the other officials has raided the premises of the complainant and on that day, 03 other […]

Service Tax Levied on Charges Collected for Supply of Pipes & Measuring Equipment

September 17, 2020 2349 Views 0 comment Print

The issue under consideration is whether service tax will be levied on the charges collected by the Adani Gas Ltd for supply of pipes and measuring equipment to its customers u/s 65(105)(zzzzj) of the Finance Act, 1994?

Alternative Disput Resolution and Arbitration

September 16, 2020 3570 Views 0 comment Print

A dispute arises as soon as a person is born and this carries out throughout his life. A small child has a dispute with his parent with regards to his choice of food he eats, games he plays. Dispute can arise between parties where they have common interest in a thing but they have different of opinion on the method of fulfilling that interest.

Expenses on Replacement of Jigs & Fixtures Allowable as revenue

September 16, 2020 3138 Views 0 comment Print

ACIT Vs Bajaj Holdings & Investment Ltd (ITAT Mumbai) The issue under consideration is whether the replacement of jigs and fixtures considered as revenue expense or capital expense? ITAT states that, the expenditure incurred on replacement of jigs and fixtures are basically tooling aids required in the production process and these items are part of […]

No Bar U/s. 245R(2)(i) merely due to notice asking applicant to produce any evidence in support of its return

September 16, 2020 1392 Views 0 comment Print

CIT Vs Authority for Advance Ruling (Delhi High Court) The issue under consideration is whether the question raised in the notice under Section 143(2) can be stated to be ‘pending’ to attract clause (i) of the proviso to Section 245R(2) of the Act? In the present case, the petitioner i.e CIT argues that since the […]

Modification due to Notification has Effect of Deleting Old Rule & Making New Rule Operative

September 15, 2020 1020 Views 0 comment Print

whether the Tribunal was correct in holding that the assessee is liable to be taxed at 10% in view of replacement of 15% with 10% of tax in Article 12 of the DTAA without taking into consideration that the modification of rate of tax by way of notification?

Income already disclosed under PMGKY, 2016 cannot be treated as Unexplained Income u/s 68

September 15, 2020 1293 Views 0 comment Print

The issue under consideration is whether the CIT(A) was right in deleting the addition made by the AO on account of unexplained investment in purchase of gold?

National Commission for Allied and Healthcare Professions Act, 2020 introduced in Rajya Sabha

September 15, 2020 6480 Views 0 comment Print

National Commission for Allied and Healthcare Professions Bill, 2020 was introduced in Rajya Sabha on 15th September 2020.  Text of the same is as follows:- The Gazette of India NEW DELHI, TUESDAY, SEPTEMBER 15, 2020 CG-DL-E-22092020-221868 EXTRAORDINARY PART II PUBLISHED BY AUTHORITY RAJYA SABHA The following Bills were introduced in the Rajya Sabha on the […]

Search Post by Date
June 2026
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
2930