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Accepting assignment as IRP after 31.12.2019 without holding a valid AFA- No misconduct if consent given prior to 1.1.2020

January 11, 2021 663 Views 0 comment Print

Accepting assignment as IRP after 31.12.2019 without holding a valid AFA- No misconduct if consent given prior to 1.1.2020 The DC finds that an order by the Disciplinary Committee of the IPA dated 1st December 2020 has been passed disposing the SCN issued by IPA dated 31st August 2020 to Mr. Laddha, on the issue […]

No Advance Ruling can be given on an issue already pending with proper officer

January 11, 2021 723 Views 0 comment Print

In re Vijayawada Wholesale Commercial Complex Members Welfare Society (GST AAR Andhra Pradesh) We have examined the issues raised in the application and the submissions of the applicant as well. In the context of the remarks submitted by the assessing officer, we examine the admissibility of the application without going into the merits of the […]

Refund allowable for service tax paid for extended period of limitation & interest thereon

January 11, 2021 1077 Views 0 comment Print

Initially, the adjudicating authority rejected the refund claim holding that the appellant has not contested the service tax liability, therefore, the refund claim of service tax paid is not admissible.

HC allows extension for Import of poppy seeds from China

January 11, 2021 1851 Views 0 comment Print

Delhi High Court grants extension to poppy seed importers affected by COVID-19. Importers get two months to complete imports. Impugned order quashed.

Unblocking of a-way bill & Steps for online unblocking

January 10, 2021 1752 Views 0 comment Print

Unblocking of a-way bill E-way bill generation facility would be automatically unblocked on the portal when the taxpayer files GST return and the default in return filing reduces to less than two tax periods. In case, the blocked taxpayer has filed the return on the GST Common Portal, the next day morning his GSTIN is […]

Extend due dates under CA 2013, CFSS & LLPS Scheme 2020

January 9, 2021 26952 Views 0 comment Print

Digvijaya Singh requested FM for Extension of various due dates under Companies Act 2013, Companies Fresh Start Scheme (CFSS-2020), LLP Settlement Scheme 2020 till 31st March, 2021.

Fake Invoices: 3 booked for Rs. 67 Cr. GST evasion

January 9, 2021 1551 Views 0 comment Print

Officers of Anti-Evasion, of Medchal Commissionerate booked cases of fake invoices and evasion of GST against Shri Gordhan Singh. Arjun Chowdhary and Kiran Chowdhury, who created non-existent firms and issued invoices without supplying goods and facilitated fraudulent availment of input tax credit by over 200 different firms/Companies (within and outside the Commissionerate) thereby defrauding the government revenue to the tune of ₹ 67,76 Cr (approx.)

SEBI (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2021

January 8, 2021 9306 Views 0 comment Print

1. These regulations may be called the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2021. 2. They shall come into force on the date of their publication in the Official Gazette.

SEBI (Issue of Capital and Disclosure Requirements) (Amendment) Regulations, 2021

January 8, 2021 14511 Views 0 comment Print

. These regulations may be called the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) (Amendment) Regulations, 2021.

SEBI (Alternative Investment Funds) (Amendment) Regulations, 2021

January 8, 2021 2058 Views 0 comment Print

These regulations may be called the Securities and Exchange Board of India (Alternative Investment Funds) (Amendment) Regulations, 2021. They shall come into force on the date of their publication in the Official Gazette.

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