Reserve Bank of India allowed Shri Uday Kotak, Managing Director and Chief Executive Officer of Kotak Mahindra Bank Limited to be on the Board of Infrastructure Leasing and Financial Services Limited as its Non-executive Director, initially for a period of three months and subsequently for a further period of nine months, under the above provisions of the said Act, till 2nd day of October, 2019;
Relief in late fees to Taxpayers filing Form GSTR-4 or 10 and change in navigation of Comparison of liability declared and ITC claimed report I. Relief to Composition Taxpayers in late fees for delayed filing of Form GSTR-4 (Quarterly Return): a. Vide Notification No 67/2020 dated 21.09.2020, the taxpayers who were under Composition Scheme, during […]
DCIT Vs Indian Metals & Ferro Alloys Ltd (ITAT Cuttack) In this case there is nothing to suggest that all the primary facts were not disclosed by the assessee at the time of original assessment completed u/s 143(3) of the Act nor any failure on the part of the assessee to disclose fully and truly […]
The Cholamandalam MS General Insurance Company Limited Vs Ramesh Babu (Madras High court) In the present case, the Personal Accident Coverage Policy has been agreed between the appellant/Insurance company as well as the respondent. Rs.2,00,000/- is fixed under the Personal Accident Coverage Policy. The Tribunal has granted a sum of Rs.2,16,500/-towards compensation. The Tribunal has […]
CHECK OUT OUR EXCLUSIVE DEALS ♠ Kanga & Palkhivala Law And Practice Of Income Tax, 2020 = 37% ♠ GST Law Analysis & Procedure 2020 2 Vol. Set Up to date commentary by CA. Chitresh Gupta & CA. Shilpi Gupta, August 2020 = 40% ♠ Chaturvedi & Pithisaria’s Law Of Income Tax,2020 = 30% ♠ […]
CBT notifies New FORM NO 15C under Income Tax Rulee 29B for Application by a banking company or insurer for a certificate under section 195(3) of the Income – tax Act, 1961, for receipt of interest and other sums without deduction of tax vide Notification No. 75/2020-Income Tax dated 22.09.2020. MINISTRY OF FINANCE (Department of […]
Certain amendments have been made in the MEIS schedule Table 2 of Appendix 3B to harmonize it with the Notification no. 38 dated 01.01.2020 and the changes in the Finance (No.02) Act, 2019, Fifth Schedule as notified by CBIC. Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade […]
I am directed to refer to this Department’s letter of even number dated 30.03.2020 (Copy enclosed) on the subject cited above and to state that keeping in view of hardship due to COVID-19, this Department has further decided to extend the time period for filing APRs/QPRs by SEZ Units/Developers/EOUs upto 31st December, 2020.
Case No. AD-SSR 16/2020- Initiation of sunset review investigation concerning imports of Melamine from China PR. On the basis of the duly substantiated application of the applicant, and having satisfied itself, on the basis of the prima facie evidence submitted by the domestic industry, substantiating the likelihood of continuation/ recurrence of dumping and injury.
(Case No. AD (OI) – 35/2020) Initiation of anti-dumping investigation concerning imports of Untreated Fumed Silica from China PR & Korea RP.