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Jurisdiction for audit department to issue a notice called spot memo

April 27, 2022 3267 Views 0 comment Print

Ideal Unique Realtors Private Limited Vs Union of India (Calcutta High Court) From the records placed before us, we find that none of the proceedings initiated by the department has been shown to have been taken to the logical end. If, according to the respondents department, there is an irregularity in the availment of credit, […]

SCN for Cancellation of GST Registration cannot be vague

April 27, 2022 2067 Views 0 comment Print

Sanwariya Impex Vs State of Gujarat (Gujarat High Court) High Court observed that in this case Show cause notice and impugned order cancelling GST Registration are as vague as anything. The issue is covered by  decision of this Court in the case of Aggarwal Dyeing and Printing Works vs. State of Gujarat & 2 Ors., […]

Goods & Vehicles should not be detained merely for mistake in selection of ODC vehicle type while generating e-Way Bill

April 27, 2022 5256 Views 0 comment Print

Dhabriya Polywood Limited Vs Union of India (Gujarat High Court) The short point for our consideration is whether, in fact, it was a bona fide mistake on the part of the writ applicant, or whether it was a mischievous act with a view to derive some illegal benefit, as asserted by Mr. Sharma, the learned […]

GST Dept. to Reimburse Pre Deposit in View of CIRP of Binani Cement: HC

April 27, 2022 2202 Views 0 comment Print

Ultratech Nathdwara Cement Limited Vs Assistant Commissioner (Rajasthan High Court) This bunch of Sales Tax Revisions involves identical questions of facts and law and hence, the same is being decided together by a common order. These revisions have been preferred by the petitioner M/s. UltraTech Nathdwara Cement Limited for assailing the order dated 28.12.2020 passed […]

Appointments in Contravention of Legal Provisions are Void Ab Initio: SC

April 27, 2022 3267 Views 0 comment Print

State of Odisha & Ors. Etc.  Vs Sulekh Chandra Pradhan Etc. (Supreme Court of India) In this case  Perusal of the sub-­rule (1) of Rule 5 of the Odisha Education (Recruitment and Conditions of Service of Teachers and Members of the Staff of Aided Educational Institutions) Rules, 1974 would show that the Secretary of the […]

Doctors cannot be said to be Negligent merely because Patient could not be saved: SC

April 27, 2022 4173 Views 0 comment Print

It will be necessary that sufficient material on medical evidence should be available before the adjudicating authority to arrive at a conclusion that the death is due to medical negligence. Even death of a patient cannot, on the face of it, be considered to be medical negligence.

Notification No. 35/2022-Customs (N.T.), Dated: 26.04.2022

April 26, 2022 1866 Views 0 comment Print

CBIC amends Notification No.12/97-Customs(N.T.), dated the 2nd April, 1997 vide Notification No. 35/2022-Customs (N.T.), Dated: 26.04.2022. MINISTRY OF FINANCE (Department of Revenue) (Central Board of Indirect Taxes and Customs) New Delhi, the 26th April, 2022 Notification No. 35/2022-Customs (N.T.) G.S.R. 318(E).—In exercise of the powers conferred by clause (aa) of sub-section (1) of section 7 […]

NSE Revokes suspension of trading in 6 UTI Mutual Fund Schemes

April 26, 2022 426 Views 0 comment Print

It is hereby notified that the suspension of trading in the following securities will be revoked w.e.f. April 27, 2022 based on confirmation submitted by UTI Asset Management Company Limited regarding continuation of the scheme post closure of STP (Specified Transaction Period).

IRDAI set-up new mechanism for Processing of registration applications of new insurers

April 26, 2022 483 Views 0 comment Print

Insurance Regulatory and Development Authority of India Date: 26.04.2022 PRESS RELEASE Processing of registration applications of new insurers With the objective of ensuring Ease of doing business in the insurance sector, for both global and domestic investors, IRDAI has taken a major step in setting out a new mechanism for processing the requests and applications […]

Implementation Guide on Reporting under Rule 11(e) & 11(f) of Companies (Audit and Auditors) Rules, 2014

April 26, 2022 30837 Views 0 comment Print

Implementation Guide on Reporting under Rule 11(e) and Rule 11(f) of the Companies (Audit and Auditors) Rules, 2014 The Ministry of Corporate Affairs vide notification dated March 24, 2021 issued the Companies (Audit and Auditors) Amendment Rules, 2021. Pursuant to this notification, several changes have been made in Rule 11 of the Companies (Audit and […]

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