Section 84A of the Gujarat VAT Act is declared as ultra vires and beyond the legislative competence of the State Legislature under Entry 54 of List II of the Seventh Schedule to the Constitution of India and is also declared to be violative of Article 14 of the Constitution of India on the ground of being manifestly arbitrary, unreasonable and oppressive.
ii. As per clause no. 5 of Annexure – II of the said SOP for social distancing for offices, workplace, factories and establishments, medical insurance for the workers to be made mandatory.
Delay in filing declarations in Form 27C being a technical breach was thus condoned and the same were being admitted as there was substantial compliance with the requirement of filing the declarations.
As of 1 April 2018, the long term capital gains (LTCG) on the sale of equity shares have been made taxable. In the case of equity, long-term refers to the holding period of more than a year from the date of purchasing. Simply put, long term capital gains are the profits that are earned on […]
In this article I would be discuss Circulars No. 137/07/2020-GST, Clarification in respect of certain challenges faced by the registered persons in implementation of provisions of GST Laws, issued by CBEC on dated 13/04/2020.
Test anxiety can affect not just the result of your certification exam but also your wellbeing. It may lead to exam failure, or worst, mental breakdown! And if you don’t want to pull a stressful all-nighter, there’s no better way than to have a game plan. For those who plan to take Microsoft exam 70-741, […]
Monetary debt from a wide range of lending sources such as home finances, car finances, credit cards, etc. can lend you in hefty EMIs, mounting interest rates, & various debt accounts. You may end up looking for an easy and quick way to clear off your debt and may even dig into your savings or […]
it is of utmost importance for the office of DGFT and Ministry of textiles to provide the benefit of ROSCTL to all exporters of goods falling under chapter 61,62, 63 irrespective of whether the goods are being exported by EOU or SEZ units or by an advance authorization holder or under the duty drawback scheme.
Coronavirus outbreak was first reported in Wuhan, China on 31 December, 2019 and spread throughout world by the end of March 2020 with the number of COVID-19 cases leaning dangerously more than 18,00,000 and the worldwide death toll crossing more than 1,03,000 till the date of writing of this article. The World Health Organization (WHO) declared the virus outbreak a pandemic in the second week of March 2020, four months after the novel virus first made headlines in the city of Wuhan, (China).
Principles of law governing re-assessment under Income Tax Law (Section 147 and 148) (i) The Court should be guided by the reasons recorded for the reassessment and not by the reasons or explanation given by the Assessing Officer at a later stage in respect of the notice of reassessment. To put it in other words, […]
