Azamgarh Steel & Power Pvt. Ltd. Vs CPC (ITAT Delhi) 1. ITAT Delhi deletes addition made u/s 36(1)(va) read with section 2(24)(x) of the Income Tax Act, 1961 in respect of contributions received from employees on account of ESI / EPF deposited beyond time specified in respective law but before the due date u/s 139(1). […]
Customs Notification 32 dtd 31.05.2021 exempts IGST on imports of specified COVID-19 relief material subject to specified conditions read with Notification No. 27/2021 & 28/2021 upto 31.08.2021 MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 31st May, 2021 Notification No. 32/2021-Customs G.S.R. 355(E).—In exercise of the powers conferred by sub-section (1) of section […]
Govt amends Ad hoc Exemption Order No. 4/2021-Customs dated the 3rd May, 2021, to extend the exemption from IGST on imports of specified COVID-19 relief material donated from abroad, up to 31st August, 2021.Amendments is made in lines of 43rd GST council meeting recommendations vide Ad Hoc exemption order no. 05/2021 dtd 31.05.2021. MINISTRY OF […]
CBIC amend notification No. 28/2021-Customs to exempt customs duty on import of Amphotericin B (Black Fungus Medicine), and also to extend the exemptions under the said notification up to 31st August, 2021. Amendment is made in on lines of 43rd GST council meeting recommendations vide Notification No. 31/2021-Customs Dated: 31st May, 2021. MINISTRY OF FINANCE […]
Upon completion of his tenure, here is the outgoing Chairman CBDT, Sh. PC Mody handing over the charge of Chairman, CBDT to Shri Jagannath Bidyadhar Mohapatra, Member, CBDT, who will hold the charge in addition to his regular duties. His service ends in April next year. J.B. Mohapatra, a 1985-batch Indian Revenue Service officer, was […]
1. EPFO has taken a big decision regarding Provident Fund. As per the information, the new rule will be applicable on the PF account from June 1, 2021. 2. Now the employer has been given the responsibility to make your account Aadhaar verified. If they fail to do so can lead to the stoppage of […]
1. Family pension benefit extended to those who have died under Covid. 2. Dependent family members entitled to pension equal to 90% of average daily wage drawn. 3. To be applicable from 24.03.2020 till 24.03.2022. 4. Amount of max insurance benefit increased to 7 lacs. 5. Amount of minimum insurance benefit is 2.50 lacs from […]
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, […]
