It is now brought to my notice that the petitioner has made certain adhoc payments pending investigation as a consequence of which the attachment of the bank account of the petitioner i.e. Mutharamman Iron and Steels has been lifted. Thus, the challenge to the provisional attachment does not survive any longer and recording the aforesaid, this writ petition is closed. Connected miscellaneous petitions are also closed.
The allegation of wilful disobedience being in the nature of criminal liability, the same has to be proved to the satisfaction of the court that the disobedience was not mere ‘disobedience’ but ‘wilful’ and ‘conscious’.
CAAS appreciates the policy implementation by CGST Vadodara Zone with respect to issuing of speedy & non-invasive GST Registrations in matter of hours & at the most taking 2 days as promised under the Citizen Charter of CBIC.
Clarifications have been requested by certain Reporting Financial Institutions (RFIs) in India in respect of the applicability of FAQ 6 (reporting) and FAQ 3 (reporting) issued by U.S. IRS in respect of U.S. reportable accounts under the FATCA Intergovernmental Agreement between the United States of America and other Model 1 jurisdictions.
Synamedia Ltd. [formerly known as ‘NDS Limited’] Vs ACIT (ITAT Bangalore) It is the case of the Assessee that the receipts in question are pure reimbursement of expenses incurred by the Assessee for and on behalf of NDS Pay TV. It is the case of the revenue that (Para 2.1 of AO’s order) that reimbursement […]
Divesh Prakashchand Jain Vs PCIT (Bombay High Court) We have perused the notice as well as the order passed by Respondent No.1 and in our view, there is no case made out for transferring Petitioner’s case to Bengaluru. Under Section 127(2) of the Act, where the Assessing Officer or Assessing Officers from whom the case […]
Notification No. 06/2022-Customs (N.T.), Dated: 31.01.2022 – Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) New Delhi, the 31st January, 2022 Notification No. 06/2022-Customs (N.T.) S.O. 404(E).—In exercise of the powers conferred by sub-section (2) of […]
The export policy of all kinds of syringes falling under HS code as mentioned above or falling under any other HS code has been made ‘Free’ with immediate effect.
The GST has established a unified rule across the country, whether it is for major corporations or small and medium-sized businesses. It has an impact on everyone, whether directly or indirectly. Freelancers are self-employed individuals who work on a variety of projects. They work on particular jobs on a contract basis and are paid a […]
Considering the object of Section 138 of the NI Act, which is mainly to inculcate faith in the efficacy of banking operations and credibility of transacting business through cheque as also taking into account the provisions of Section 147 which states that every offence punishable under this Act shall be compoundable. Further, it is mainly a transaction between the private parties where the State is not affected.
