As the Finance Act, 2021 comes into force with Presidential assent on 28th March 2021. In this Act, two new sections have been introduced with effect from 01st July 2021 for non-filers of Income Tax Return. As per these sections (206AB & 206CCA), the rate of TDS/TCS shall be at the double of the normal […]
Delhi Government directs to extend the curfew, on movement of individuals (except for essential activities/ services as already stipulated in DDMA Order No. 381 dated 19.04.2021, Order No. 397 dated 25.04.2021 and Order No. 415 dated 09.05.2021) in the territory of NCT of Delhi, till 05:00 am on 07.06.2021 (Monday) or further orders whichever is earlier.
CBIC Seeks to impose anti-dumping duty on Methyl Acetoacetate originating in or exported from China PR for a further period of five years vide Notification No. 31/2021-Customs (ADD) Dated 29th May, 2021 GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 31/2021-Customs (ADD) New Delhi, the 29th May, 2021 G.S.R. 350(E). – Whereas, […]
Merely because the accused did not join investigation pending adjudication of his anticipatory bail applications, in the absence of any interim protection by the superior courts, does not mean that he should be denied bail on the said ground alone since the accused had been taking recourse to the legal remedies available to him.
43rd Gst Council Meeting on 28.05.2021 GIST OF DUE DATES OF GST COMPLIANCES For Turnover AATO upto Rs. 5 crores but filing monthly 3Bs Tax period Original Due Date Upto Next 15 days Upto Next 45 days After 60 days of original due date March 2021 QRMP Jan-Mar 2021 20.04.2021 05.05.2021 19.06.2021 — Interest Nil Nil […]
In pursuance of the decision of the GST Council at its 43rd meeting on 28 May 2021, a Group of Ministers (GOM) has been constituted to examine the issue of GST concessions/ exemption to COVID relief material. The Group of Ministers (GoM) to decide on GST rates for Covid-related relief material has been formed. The […]
The Appointments Committee of the Cabinet has approved the appointment of the following officers as Members, Central Board of Direct Taxes (CBDT): (i) Ms. Anu J. Singh, IRS (IT:85034) (ii) Shri J.B. Mohapatra, IRS (IT:85031) (iii) Anuja Sarangi, IRS(IT:85053)
The principles of natural justice are based on the following rules: 1. Rule Against Bias — No one should be a judge in his own cause. 2. Justice should not only be done, but manifestly and undoubtedly be seen to be done. 3. The Rule Of Fair Hearing – Hear the Other Side 4. No […]
R. R. Distributors Pvt. Ltd. Vs Commissioner of Central Tax (Delhi High Court) 1. The taxpayers were not provided sufficient time to upload the data in TRAN-2 Form. 2. On 4 th January, 2018, when the Petitioner attempted to load TRAN-2 Form, no time had been specified under the Rules, which could be deemed to […]
Super India Paper Product Vs Union of India (Delhi High Court) 1. It is seen that since there is no effective mechanism provided for the revision/rectification of TRAN-1 Form, the Petitioners were forced to approach this Court under Article 226 of the Constitution. 2. There is no dispute as to the fact that the Petitioners […]
