In exercise of the powers conferred by the second proviso to sub-section (1) of section 245-O, sub-section (2) of section 245P, sub-section (4) of section 245Q, sub-section (8) of section 245R, sub-section (3) of section 245S, sub-section (3) of section 245T, sub-section (3) of section 245U and the proviso to section 245V of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby appoints 1st day of September, 2021 as the date for the purposes of said provisos and said sub-sections of the said Act.
Explore how the recent policy update impacts MSMEs and traders regarding delayed payment benefits under the MSMED Act, 2006. Insights for businesses.
hese rules may be called the Calcium Carbide (Amendment) Rules, 2021 (2) These shall come into force on the date of their final publication in the Official Gazette.
The applicant has alleged likelihood of recurrence of dumping and injury of the subject goods originating in or exported from subject country and consequent injury to the Domestic Industry and have requested for review and continuation of the existing anti-dumping duties imposed of the subject goods from the subject country.
In re superintendent Model Jail Chandigarh (GST AAR Chandigarh) ♦ Whether (a) Modal jail, Chandigarh and (b) Prisoner Training Rehabilitation and Welfare Society (Model Jail, Vocational Institute) is Government, Government Authority, Local Authority or Government entity; ♦ Whether furniture items manufacture by jail inmates are liable for GST, if supplied to a. Government, Government Authority, […]
During liquidation process, the liquidator makes a public announcement inviting filing of claims and verifies them. He takes into his custody or control of all the assets of the corporate debtor (CD) and forms a liquidation estate
No tax demand shall be raised in future on the basis of the amendment to section 9 of the Income-tax Act made vide Finance Act, 2012 for any offshore indirect transfer of Indian assets if the transaction was undertaken before 28th May, 2012 (i.e., the date on which the Finance Bill, 2012 received the assent of the President).
Regulation 26(4) of the CIRP Regulations makes it mandatory for the RP to make disclosure about the voting pattern, the objective being to ensure transparency in the process and boost confidence among the CoC members. As per the regulation 26(4) of CIRP Regulations, Mr. Pramod Kumar Sharma was to disclose the names of the members […]
Cooperative Rabobank U A Vs. CIT (Bombay High Court) Petitioner has fled Form-1 stating that it is eligible for payment of 50% of disputed tax as according to Petitioner the pending appeal is Revenue Appeal, whereas department has treated the same as dispute due to Assessee Appeal, requiring Petitioner to pay 100% of disputed tax. […]
Distributor who buys product against advance payment from the company and distributes them to market at his own expense or credit. Distributor salesman, helper driver, hamal, and accountant employs many such people and the retailers are the chain together involved in the entire process there are 4 latch distributors across the country.
