Retail trade in India is in peril due to commanding and monopolistic policies of the foreign funded global companies and also the big Corporate Houses which has deeply created an uneven level playing field where the traders due to limited finance and resources can not compete the big Companies as their purchasing power is limited to defined numbers.
Prohibition on export of wheat- Exporters may apply for Registration Certificate by navigating to the following weblink: www.dgft.gov.in => Services => Export Management System => Registration Certificate for Exports. No manual submission of application is allowed for registration of ICLC.
Central Government has prohibited the export of various categories of Durum Wheat (as at S.no. 59 of Chapter 10 of Schedule2 of the ITC (HS) related to export policy of wheat) (Annexure-I) except for certain shipments.
CBIC Chairman advise all officers issuing quasi-judicial orders as well as officers involved in the Review process to ensure that suitable emphasis is laid on judicial discipline, rule of law and on following the due process of law.
UltraTech Nathdwara Cement Limited Vs Commercial Taxes Officer (Rajasthan High Court) In terms of Section 31 of the Insolvency and Bankruptcy Code, 2013, the resolution plan, approved by the NCLAT, is binding on all stakeholders including the Operational Creditors, Financial Creditors and the Statutory Creditors, including the respondent Corporate Taxes Department and all claims and dues […]
Sri Channamallikarjuna Trust Committee Gangavathi Vs CIT (Exemption) (ITAT Bangalore) Sec. 80G applies only to charitable trusts or institutions. It does not apply to religious trusts or institutions whereas scheme of exemption u/s 12A applies to both charitable as well as religious trusts. Section 80G of the Income Tax Act’1961 provides deduction while computing the […]
Petitioners could not be faulted if the suppliers appeared to be fake later on. Petitioners further submit that they have paid the amount of purchases in question as well as tax on the same not in cash and all transactions were through banks and petitioners are helpless if at some point of time after the transactions were over,
The main objective of service agreements with motor garages/workshops shall only be providing insurance services for claims of accident vehicles and it cannot arbitrarily expand to include scope of services which are not relevant for insurance claims.
Pranshu Bhutra Vs SEBI (Securities Appellate Tribunal Mumbai) 1. The present appeal has been filed questioning the confirmatory order dated 15th September, 2021 confirming the ex-parte ad-interim order dated 31st May, 2021 whereby the appellant was restrained from buying or selling any securities, either directly or indirectly, till further orders. 2. The facts leading to […]
Docland Services Ltd Vs Commissioner of Central Goods And Services Tax (Delhi High Court) The petitioner’s main grievance is, that because of a technical glitch, the necessary steps for availing benefits under the Sabka Vishwas (Legacy Dispute Resolution) Scheme 2019 [ Scheme] could not be availed of. Mr Bhatia says, even though the petitioner under […]
