Mon Mohan Kohli Vs ACIT & Anr. (Delhi High Court) This Court is of the view that as the Legislature has introduced the new provisions, Sections 147 to 151 of the Income Tax Act, 1961 by way of the Finance Act, 2021 with effect from 1st April, 2021 and as the said Section 147 is […]
With the Income tax due dates approaching near, everyone is geared up for the upcoming filing season with the motto in the mind that Due Dates Are Closer Than They Appear But few technical and portal problems are listed out which are faced while doing the e-filing work and tasks. There has been times when […]
The Department of Environment, GNCTD vide order F. NO. 10 (13)/EN V/2020/Pt-2/5214- 5243 dated: 17th November, 2021 (Copy enclosed) has directed to close all the Schools with immediate effect till further orders of the Commission For Air Quality Management in National Capital Region and Adjoining Areas.
Austria to Apply Capital Gains Tax to Crypto currency: 1. Austria has announced that it is considering applying the same 27.5% levy to crypto assets it currently uses to tax capital gains from traditional stocks and bonds. 2. The reform provides for the integration of cryptocurrencies into the existing taxation system for income from capital […]
Government of National Capital Territory of Delhi after adjustment of the average All India Consumer Price Index Number of the period from January 2021 to June 2021 which is 345.21, an increase of 4.26 points, hereby declares the following Dearness Allowances, which shall be payable for all categories w.e.f 01.10.2021. 4. The following revised rates of minimum wages shall be applicable in respect of unskilled, semiskilled and skilled categories in all schedules employment:-
Eight Important Aspects to be considered for filing MSME-1 with MCA form for the period April 2021 to September 2021 1. WHAT IS MSME : In terms of Government of India Gazette Notification S.O. 2119 (E) dated June 26, 2020 the definition of micro, small and medium enterprises is as under: (i) A micro enterprise is an […]
Jyoti Construction Vs Deputy Commissioner of CT & GST (Orissa High Court) 1. As far as the above contention is concerned, the Court is of the view that the prayer of the Petitioner that the debiting of the ECRL made by it should be reversed is a separate cause of action for which the Petitioner […]
clarification regarding GST rates & classification on various Goods as per the recommendations of the GST Council in its 45th meeting held on September 17, 2021 in Lucknow Gist of Circular No. 163/19/2021-GST dated October 06, 2021 ♦ CBIC clarifies applicability of GST on fresh and dried fruits and nuts The exemption from GST to […]
CIT Vs. Mohammed Meeran Shahul Hameed (Supreme Court) The short question of law which is posed for consideration before this court is, 1. whether in the facts and circumstances of the case, the High Court and the learned ITAT are right in holding that the order passed by the learned Commissioner passed under Section 263 […]
Central Board of Direct Taxes Vs Lakshya Budhiraja & Anr. (Supreme Court of India) SC recording of proceedings where Department submits proposal of change in faceless appeal scheme before Supreme Court in 3 months on account of provision relating to personal hearing. FULL TEXT OF THE SUPREME COURT JUDGMENT/ORDER Learned Additional Solicitor General submits that […]
