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Constitution of benches at all NCLT Locations

July 25, 2019 3477 Views 0 comment Print

President, National Company Law Tribunal hereby constitutes the following Benches for the purpose of exercising and discharging the Tribunal’s powers and functions:

AO has a legal obligation to implement order of ITAT strictly: HC

July 25, 2019 3114 Views 0 comment Print

Lokesh Chandrappa Vs ITO (Karnataka High Court) It is trite law that the Assessing Officer has a legal obligation to implement the order of the ITAT strictly and such failure would result in the failure of justice. A writ of mandamus would be issued in such circumstances to the respondent – Assessing Officer to carry […]

IBBI amends Insolvency Resolution and Liquidation Process Regulations

July 25, 2019 354 Views 0 comment Print

The IBBI amends the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 and the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016

GST payable on work executed under JDA on land owner’s portion

July 25, 2019 2859 Views 0 comment Print

The Applicant is liable to pay GST towards work executed under Joint Development Agreement on Land owner’s portion, on the value to be arrived at in terms of pars 2 of the Notification No.11/ 2017-Central Tax (Rate) dated 28.06.2017 at the time of transfer of possession of the land owners’ portion of the flats.

Companies (Amendment) Bill, 2019

July 25, 2019 3834 Views 0 comment Print

AS INTRODUCED IN LOK SABHA Bill No. 189 of 2019 THE COMPANIES (AMENDMENT) BILL, 2019 A BILL further to amend the Companies Act, 2013. BE it enacted by Parliament in the Seventieth Year of the Republic of India as follows:— 1. Short title and commencement. (1) This Act may be called the Companies (Amendment) Act, […]

Lok Sabha passes Unlawful Activities (Prevention) Amendment Bill, 2019 

July 24, 2019 486 Views 0 comment Print

Lok Sabha passes the Unlawful Activities (Prevention) Amendment Bill, 2019  Individuals engaging in terrorist activities or sympathizing with terrorist would not be spared: Shri Amit Shah A strict law and strong investigation agencies necessary to uproot terrorism from this country 

No Service Tax on deputation of employees from a group company in Japan to Appellant in India

July 24, 2019 1689 Views 0 comment Print

Mikuni India Pvt. Limited Vs Commissioner of Central Goods and (CESTAT Delhi) It is not in dispute that the issue involved in this appeal is similar to the issues involved in the appeal that came up for decision before the Division Bench of the Tribunal in M/s India Yamaha Motor Private Limited. The Division Bench […]

Corrigendum to Trade Notice No. 06/2019-20 dated 16th April, 2019

July 24, 2019 837 Views 0 comment Print

In the matter, it has been brought to the notice of this Directorate that a typographical error has occurred in the aforementioned Trade Notice as there has been an interchange in HSN Codes of Urad and Moong. Since, consequent to the Notice inviting applications, import authorizations have been issued for Urad, Moong and Tur dal based on the HSN Codes appearing in the aforementioned Trade Notice

Selling of container and water is composite supply as principal activity is selling of purified water only

July 24, 2019 3957 Views 1 comment Print

In re Aquaa Care (Surat) RO Technologies Private Limited (GST AAR Gujarat) Where company is selling water in containers whether selling of container and water is composite supply? We agree with the understanding of the applicant as well as that of Jurisdictional office that selling water in containers is composite supply as the principal activity […]

IBBI amends 3 Insolvency regulation effective from 23rd July 2019

July 24, 2019 501 Views 0 comment Print

IBBI amends Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016 and the Insolvency and Bankruptcy Board of India (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) Regulations, 2016

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