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Details of Central Taxes collected by Union Govt for FY 2020-21

March 8, 2021 3873 Views 0 comment Print

The Minister further gave the tax-wise target for Central taxes to be collected from 1st April, 2020 to 31st March, 2021, tax-wise is as under:-

MAHARERA: Standardized formats for Legal title report & consent of flat buyers

March 8, 2021 59166 Views 0 comment Print

It has been decided the provide a format for Legal Title Report. This format is Annexed as Format A and the applicant should upload this format at the place of Legal Title Report in the application for registration of the project.

Due date for Payment of Excise Duty for the Month of February, 2021

March 6, 2021 5871 Views 0 comment Print

Attention Manufacturer registered under Central Excise Act, 1944! Due date for payment of Excise Duty through internet banking for the goods manufactured and cleared during the month of February, 2021 is March 06, 2021. Ministry of Finance Government of India Hurry! Manufacturer Registered Under Central Excise Act, 1944 Remember due date for payment of Excise […]

‘Cut-copy-paste’ function by a Judge should not become a substitute for substantive reasoning

March 5, 2021 1722 Views 0 comment Print

Union Public Service Commission Vs Bibhu Prasad Sarangi and others (Supreme Court) Cutting, copying and pasting from the judgment of the Tribunal, which is placed in issue before the High Court, may add to the volume of the judgment. The size of judicial output does not necessarily correlate to a reasoned analysis of the core […]

Anti-dumping investigation on imports of Viscose Staple Fibre – Reg.

March 5, 2021 414 Views 0 comment Print

Case No. SSR-AD-03/2021 – Corrigendum to initiation notification issued in Sunset review anti-dumping investigation concerning imports of Viscose Staple Fibre originating in or exported from China PR and Indonesia.

RfP For Concurrent Audit of Operations of Branch Office, SIDBI

March 3, 2021 9618 Views 1 comment Print

Request for Proposal (RfP) For Concurrent Audit of Operations of Branch Office, SIDBI i.e Small Industries Development Bank of India

Audited books cannot be rejected in a casual manner

March 3, 2021 1722 Views 0 comment Print

ACIT Vs M/s. Mackintosh Burn Ltd (ITAT Kolkata) The issue is whether the addition in question can be made u/s 41(1). The ld. CIT(A) has already concluded that no additions can be made u/s 41(1) of the Act. He agreed that the propositions of law cited by the assessee are in its favour and hence addition […]

SEBI Code of Conduct & Institutional mechanism for prevention of Fraud or Market Abuse

March 3, 2021 951 Views 0 comment Print

Pursuant to the report of the Committee on Fair Market Conduct (‘Committee’), set up inter-alia to recommend appropriate Institutional Mechanism to ensure accountability of the management / designated persons in case of negligence / failure, necessary changes have been carried out in SEBI (Prohibition of Insider Trading) Regulations, 2015 (herein after referred as ‘PIT Regulations’).

Memory Loss is not valid explanation for not explaining Cash Deposit Source

March 2, 2021 2523 Views 0 comment Print

Smt. Anasuya Basi Reddy Vs ITO (ITAT Bangalore) The Assessing Officer in the impugned assessment order had made addition of Rs.50,000 as unexplained cash credits in the bank account of the assessee. The said amount has been deposited in Karnataka Bank saving bank account on 07.04.2007 (cash deposit). Before the Assessing Officer, the assessee had […]

IRDAI release formats for collection of Rural Insurance data

March 2, 2021 447 Views 0 comment Print

In order to monitor the performance of Rural Insurance Business and support the development of policy and regulation for promoting rural insurance business, it is necessary to analyses data pertaining to Rural Insurance. It has therefore been decided to collect data as follows:

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