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CBDT notifies Somnath Temple as place of historic importance for Section 80G

April 11, 2022 2409 Views 0 comment Print

CBDT notifies Somnath Temple as place of historic importance and a place of public worship of renown under section 80G  of  Income-tax Act, 1961  vide Notification No. 29/2022-Income Tax Dated: 11th April, 2022. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) New Delhi Notification No. 29/2022-Income Tax | Dated: 11th April, 2022 […]

SEBI (Debenture Trustees) (Amendment) Regulations, 2022

April 11, 2022 2364 Views 0 comment Print

1. These regulations may be called the Securities and Exchange Board of India (Debenture Trustees) (Amendment) Regulations, 2022. 2. They shall come into force on the date of their publication in the Official Gazette.

GST AAR Telangana allows Swan Environmental Private Limited to withdraw application

April 11, 2022 876 Views 0 comment Print

In re Swan Environmental Private Limited (GST AAR Telangana) In the reference 1st cited, M/s. Swan Environmental Private Limited, Hyderabad, (36AADCS4126R1ZW) has sought certain clarification by filing an application for Advance Ruling. The Case was posted for personal hearing on 05.01.2022 ,10.03.2022.& 24.03.2022. However, in the reference 9th cited, M/s. Swan Environmental Private Limited, Hyderabad, […]

CCI direct NECC to cease & desist from issuing threats of penal consequences

April 9, 2022 2028 Views 0 comment Print

T.R. Chandran Vs National Egg Co-ordination Committee (Competition Commission of India) i) NECC, while declaring and disseminating egg prices, shall give sufficient and prominent disclaimers (including on its website) at all times that the prices so declared are only suggestive, and for the information of trade and industry; ii) NECC shall cease and desist from […]

ICSI appreciates Government for bringing CA, CMA, CS Amendment Bill, 2021

April 9, 2022 4968 Views 0 comment Print

The Institute of Company Secretaries of India appreciates the efforts of the Government of India in bringing the Chartered Accountants, the Cost and Works Accountants and the Company Secretaries (Amendment) Bill, 2021.

HC stays GST Adjudication Order passed by officer who conducted investigation/search/seizure

April 9, 2022 3288 Views 0 comment Print

Swastik Plastics Vs Commissioner of DGST (Delhi High Court) Delhi HIgh Court stay Adjudication Order passed in consequence of investigation/search/seizure and SCN issued under Section 74 of the GST Act for the reason that that the authority who had conducted the investigation/search/seizure cannot conduct the adjudication proceedings as there is likelihood of Bias. FULL TEXT […]

NRI & Aadhaar – FAQs

April 9, 2022 2805 Views 1 comment Print

Q.1 Can an NRI apply for Aadhaar? Ans. YES. An NRI (whether minor or adult) with a valid Indian Passport can apply for Aadhaar from any Aadhaar Kendra. Q.2 Can my passport be used for Aadhaar update of my spouse? Ans. If your passport has the name of your spouse, then it can be used […]

Maintenance of SLR- Cash to include balances held by banks with RBI under SDF

April 8, 2022 621 Views 0 comment Print

Cash to be maintained by banks, as referred to in the Annex of the notification ibid, shall also include the balances held by banks with RBI under Standing Deposit Facility (SDF).

Shopee not possesses significant market power or dominance in India: CCI

April 8, 2022 993 Views 0 comment Print

Praveen Khandelwal Vs. Sppin India Pvt. Ltd (Competition Commission of India) ‘Shopee has had a very recent launch in the market of online platforms in India, which already has the presence of the e-commerce companies like Amazon, Flipkart, Myntra, Nykaa etc., which have been operating for some time now. The Commission further notes that, though the […]

CCI rejects complain against Amazon Seller Services as no admissible/requisite evidence submitted

April 8, 2022 1137 Views 0 comment Print

AIOVA Sellers Association Vs Amazon Seller Services Pvt. Ltd. & Others (Competition Commission of India) The Commission has perused the admissible material on record and notes that the crux of the Informant’s allegations against the OPs is that there exist anti-competitive arrangements amongst the OPs, resulting in alleged ‘lack of platform neutrality’ on OP-1’s marketplace. […]

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