Securities and Exchange Board of India CIRCULAR CIR/MRD/CSC/151/2018 December 14, 2018 To, All Stock Exchanges, Clearing Corporations and Depositories (except Commodities Derivatives Exchanges and their Clearing Corporations). Dear Sir / Madam, Cyber Security Operations Center for the SEBI registered intermediaries 1. Recognizing the need for a robust Cyber Security and Cyber Resilience framework at Market […]
In re Hariom Enterprises (GST AAR Uttar Pradesh) Whether non Laminated Bags manufactured by the Applicant from HDPE/PP Strips of width not exceeding 5mm, used for packing sugar (sugar bag), Flour (Flour bag), Food grain (Grain Bag) and other similar bags are classifiable under Tariff Heading 6305 or heading 3923 of the Customs Tariff Act […]
CBIC has decided that the written examination under regulation 6 of the Customs Brokers Licensing Regulations, 2018 will be held online from the year 2019 onwards. The online examination will be conducted by National Academy of Customs, Indirect Taxes and Narcotics (NACIN).
Clearance of goods covered by the RCR Order should not be disallowed merely because stickers have been affixed to the goods to display BIS Standard Mark.
every registered person, other than an Input Service Distributor, a person paying tax under section 51 or section 52, a casual taxable person and a non-resident taxable person, shall furnish an annual return for every financial year electronically in such form and manner as may be prescribed on or before the thirty-first day of December following the end of such financial year;
Special Courts for the purposes of sub-section (1) of section 280A of the Income-tax Act, 1961 and section 84 of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 within their respective jurisdiction in the State of West Bengal and in the Union Territory of Andaman and Nicobar Islands.
S/S Patel Hardware Vs Commissioner (Allahabad High Court) Keeping in mind the fact that the delay in filing the appeal may not be condoned beyond the period of one month from the expiry of period of limitation, the phrase “communicated to such person” appearing in Section 107(1) of the Act commend a construction that would […]
New Functionality update on GST Portal: Appeal against the Advance Ruling given the Authority, Filing of Monthly Refund applications by Quarterly Return filers now available on GST Portal, Preparation of Form GST APL-01 by GSTP, on behalf of taxpayer. Appeal against the Advance Ruling given the Authority Once an advance ruling is issued by the […]
ITAT, Delhi held that the subsidy received by the assessee from the subsidy received under the West Bengal Incentive Scheme of 2004 was capital in nature and could not be taxed as revenue receipts.
ACIT Vs Thatavarthi Ramesh Babu Kanuru (ITAT Visakhapatnam) It is no doubt true that the initial burden is upon the assessee to prove the correct value of the stock held by the assessee and he has to prove that the value reflected in the books of accounts is correct but the fact remains that the […]
