Pimpri Chinchwad Municipal Corporation Vs Sarang Yadwadkar and Ors. (Bombay High Court) 1. The situation in Maharashtra, because of the pandemic, continues to be grim. Normal functioning of the Courts is yet to be restored. The litigant public may not suffer for no fault on their part. In such view of the matter, we consider […]
It is also a matter of satisfaction that the roll out of the e-invoice initiative on 01/10/2020 for businesses with turnover above Rs. 500 crores has been a success. In three days, as of 03/10/2020, more than 26,000 distinct taxpayers have generated upwards of 24 lakh IRNs (Invoice Reference Number). This would benefit the taxpayer by reduced compliance cost and would also simplify compliance verification.
Notification No. 47/2020-Customs (N.T./CAA/DRI) Principal Director General, Revenue Intelligence, hereby makes the following amendments in the Notification No. 43/2020-Customs (N.T./CAA/DRI) dated 10.09.2020 published vide S.O. 3125(E) dated 14.09.2020.
Important decisions taken by the Council of the ICSI at its meeting held on 26th September, 2020 1. Approved the Annual Accounts and Annual Report of the Institute for the Financial Year 2019-20. 2. Setting up of ICSI Overseas Centre at Singapore, Australia and Canada.
Notification No. (MTR Case No. 08/2019) Subject : Mid-Term Review to review the product scope of definitive Anti-Dumping duty imposed on Certain Glass Fibre and articles thereof’ originating in or exported from China PR.
Standard Operating Procedure (SOP) for referring IT issues to the IT Grievance Redressal Committee 1. Vide Circular No. 39/13/2018 dated 03.04.2018 an IT Grievance Redressal mechanism has been set up to address the difficulties faced by a section of taxpayers owing to technical glitches on GST Portal. The method of resolution of the difficulties will […]
Notification No. 29/2020 -Customs (ADD)- Seeks to amend notification No. 47/2015-Customs (ADD), dated 8th September 2015 to extend the levy of ADD on imports of Float Glass originating in or exported from China PR, for a period of three months i.e. upto 7th December, 2020 GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification […]
Dr. Devika Gunasheela Vs JCIT (ITAT Bangalore) The only basis on which the assessee was denied the benefit of deduction u/s 54F of the Act was that the assessee owned more than two residential houses, other than the new asset on the date of transfer of the original asset. From the order of assessment passed […]
The gross GST revenue collected in the month of September, 2020 is ₹ 95,480 crore of which CGST is ₹ 17,741 crore, SGST is ₹ 23,131 crore, IGST is ₹ 47,484 crore (including ₹ 22,442 crore collected on import of goods) and Cess is ₹7,124 crore (including ₹ 788 crore collected on import of goods).
Rate of interest on various Small Savings Schemes (National Savings Schemes) for the third quarter of financial year 2020-21 (starting from 1st October ,2020 and ending on 31th December, 2020) shall remain unchanged from those notified for the second quarter of Financial Year 2020-21
