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Transparent Float Glass (Quality Control) (Amendment) Order, 2020

June 23, 2020 1683 Views 0 comment Print

(1) This Order may be called the Transparent Float Glass (Quality Control) (Amendment) Order, 2020. (2) It shall come into force on the date of its publication in the Official Gazette.

Section 10(46) exemption to Greater Noida Industrial Development Authority

June 23, 2020 4830 Views 0 comment Print

Notification No. 33/2020- Central Government notifies ‘Greater Noida Industrial Development Authority’, an authority constituted by the State Government of Uttar Pradesh, in respect of the specified income arising to that board under section 10(46) of Income Tax Act, 1961. MINISTRY OF FINANCE (Department of Revenue) (Central Board of Direct Taxes) Notification No. 33/2020-Income Tax New […]

Health insurance policies covering COVID-19 disease- Guideline

June 23, 2020 1542 Views 0 comment Print

It is considered that short term health insurance policies providing coverages specific to COVID-19 disease is the need of the hour. Accordingly, all insurers (Life, General and Health Insurers) are allowed to offer COVID – 19 specific short term health insurance policies subject to these guidelines.

Salient features of secure e-communication of Final LEO copy of Shipping Bill & Gatepass copy

June 22, 2020 2751 Views 0 comment Print

The salient features of the secure electronic communication of the Final LEO copy of the Shipping Bill and the Gatepass copy of Shipping Bill are as follows:

Procedure for Transhipment of Export Cargo from Bangladesh to third countries from LCS to Port/Aircargo

June 22, 2020 1629 Views 0 comment Print

Transhipment of goods from LCS Petrapole to Aircargo complex, Kolkata, shall be continued following the procedure prescribed in the aforesaid Circular, until further direction from the Board.

Anti-Dumping Investigation on imports of Aluminium Foil 80 micron & below

June 20, 2020 2211 Views 0 comment Print

Case No. ADD- OI- 18/2020- Initiation of Anti-Dumping Investigation concerning imports of Aluminium Foil 80 micron and below from China PR, Indonesia, Malaysia and Thailand.

Mere provision for bad debt not entitled to deduction U/s. 36(1)(vii)

June 19, 2020 3789 Views 0 comment Print

Hajee A. P. Bava & Company Vs ACIT (Karnataka High Court) After 01.04.1989 it is not necessary for the assessee to establish the fact that the debt in fact had become irrecoverable and it is sufficient if the bad debt is written off as irrecoverable in the books of accounts of the assessee. In the […]

Amendment in Export Policy of Hydroxychloroquine API & its Formulations

June 18, 2020 1452 Views 0 comment Print

The Notification No. 54 dated 25.03.2020 has been amended to change the export policy of Hydroxychloroquine API and its formulations from ‘Prohibited’ to ‘Free’, with immediate effect. Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhawan New Delhi Notification No. 13/2015-2020 New Delhi, Dated: 18th June, […]

CBIC notifies Rate of Exchange of Foreign Currencies wef 19.06.2020

June 18, 2020 1230 Views 0 comment Print

CBIC notifies Rate of Exchange of Foreign Currencies against India Rupees wef 19.06.2020 vide Notification No. 53/2020-Customs (N.T.), Dated: 18th June, 2020. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) ***** Notification No. 53/2020-Customs (N.T.) New Delhi, dated the 18th June, 2020 28 Jyaishtha 1942 (SAKA) In […]

SEBI Regulatory measures to continue till July 30, 2020

June 18, 2020 729 Views 0 comment Print

On review of the COVID-19 pandemic related situation, it has been decided that the regulatory measures introduced vide SEBI Press Release dated March 20, 2020 1 , shall continue to be in force till July 30, 2020.

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