Follow Us:

Procedure to be followed for containers selected for scanning at MXCS

March 30, 2021 7569 Views 0 comment Print

Commissioning and commencement of operation of Mobile X-Ray Container Scanner (MXCS) at JNPCT Terminal; Procedure to be followed for containers selected for scanning at MXCS (Scan Mode-M1) -reg.

Track & Trace system for export of drug formulations deferred to 01.04.2022

March 30, 2021 801 Views 0 comment Print

The date for implementation of Track and Trace system for export of drug formulations with respect to maintaining the Parent-Child relationship in packaging levels and its uploading on Central Portal has been extended upto 01.4.2022 for both SSI and non SSI manufactured drugs.

Extension of time under Karnataka Karasamadhana Scheme 2021

March 29, 2021 6333 Views 0 comment Print

Extension of time for completion of Assessment/Re-assessment/Rectification and withdrawal of appeal and other proceedings to avail the benefits under Karasamadhana Scheme -2021- Reg.

National Bank for Financing Infrastructure and Development Act, 2021

March 28, 2021 1473 Views 0 comment Print

(1) This Act may be called the National Bank for Financing Infrastructure and Development Act, 2021. (2) It extends to the whole of India. (3) It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint and different dates may be appointed for different provisions of this Act and any reference in any provision to the commencement of this Act shall be construed as a reference to the coming into force of that provision.

CBI Arrests a Superintendent of CGST, CGST & a EPFO Enforcement Officer

March 27, 2021 1689 Views 0 comment Print

CBI ARRESTS A SUPERINTENDENT OF CGST AND THREE PRIVATE PERSONS IN A BRIBERY CASE; RECOVERS Rs. 12 LAKH ALLEGED BRIBERY AMOUNT AND Rs. 30 LAKH (APPROX.) DURING SEARCHES Press Release | Dated:  26.03.2021 The Central Bureau of Investigation has arrested a Superintendent, CGST, Mumbai South, Air India Building, Nariman Point, Mumbai (Maharashtra) and three private […]

CGST Delhi officials arrest man for ITC fraud of around Rs 94 crore

March 26, 2021 789 Views 0 comment Print

The officers of CGST Delhi North Commissionerate upon data analysis and gathering of intelligence zeroed in on Shri Krishan Kumar who was involved in creating and operating fake firms using identification documents of his friends/employees.

Section 69 addition cannot be made solely on the basis of phraseology of submissions

March 26, 2021 2844 Views 0 comment Print

DCIT Vs M/s. Rabo India Finance Ltd. (ITAT Mumbai) In the present case, the reason for invoking provisions of section 69 of the Act germinates from the contents of letters dated 27/07/2011 and 06/09/2011 written by one of the employee indicating that the assessee has extended loan of GBP 37.50 million as per part of […]

Special Clearing operations by Banks on March 31, 2021

March 26, 2021 687 Views 0 comment Print

It is mandatory for all banks to participate in the special clearing operations on March 31, 2021. All the member banks under the respective CTS Grids are required to keep their inward clearing processing infrastructure open during the Special Clearing hours and maintain sufficient balance in their clearing settlement account to meet settlement obligations arising out of the Special Clearing.

Transfer of business by SEBI registered intermediaries to other legal entity

March 26, 2021 1290 Views 0 comment Print

SEBI has been receiving registration applications pursuant to transfer of business (SEBI regulated business activity) from one legal entity which is a SEBI registered Intermediary (transferor) to other legal entity (transferee). In this regard, following is clarified:

Advertising Expenses incurred wholly & exclusively for business allowable

March 25, 2021 6027 Views 0 comment Print

CIT Vs Miele India Pvt. Ltd. (Delhi High Court) Mr. Chandra, did draw our attention to the AO’s view qua the issue, which was, that the advertising expenditure had been incurred to build a brand, i.e., goodwill and therefore, should not be allowed as a deduction, it does not impress us. There is nothing on […]

Search Post by Date
June 2026
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
2930