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Mumbai Police imposes Section 144 to avoid large gatherings till January 7

December 29, 2021 618 Views 0 comment Print

Mumbai Police prohibit any New Year celebration/programmed/function/gathering/party/activity/ or happening in any closed or space including restaurant, hotels, banquet halls, bars, pubs, orchestras, resorts, clubs,  rooftops etc. The trains, buses and private cars may ply as per the current guidelines and norms.

CBDT sets up NFAC under Faceless Appeal Scheme, 2021

December 29, 2021 17397 Views 1 comment Print

CBDT sets up National Faceless Appeal Centre (NFAC), which shall have its headquarters at Delhi and shall comprise of the following Income-tax Authorities

No export under GST if place of supply is within India

December 29, 2021 8547 Views 1 comment Print

In re International Inspection Services Private Limited (GST AAR Telangana) International Inspection Services Private limited supply inspection and expediting services during the manufacturing of equipment and packing of equipment/material in India and also abroad. They perform the inspection services for their foreign clients in respect of the equipment/machinery/material in India but which is intended to […]

CBDT notifies Income-tax Authority & Headquarters to facilitate Faceless Appeal

December 29, 2021 804 Views 0 comment Print

CBDT notifies Income-tax Authority & Headquarters to facilitate Faceless Appeal vide Notification No.141/2021-Income Tax| Dated: 29th December, 2021. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) New Delhi Notification No.141/2021-Income Tax| Dated: 29th December, 2021 S.O. 5449(E).—In exercise of powers conferred by sub-sections (1) and (2) of section 120 of the Income-tax […]

Request to extend due date for submission of FORM GSTR-9, 9A & 9C

December 29, 2021 19086 Views 0 comment Print

Tax Bar Association, Bhilwara has made a Request to extend due date for submission of FORM GSTR-9, GSTR 9A and GSTR 9C under GST for the FY 2020-21 by two Months i.e. up-to 28th February, 2022, so that reconciliation work with Audited Financial Statements can be completed by the taxpayers after completion of their Income […]

Income Tax Department Searches two Business Groups of Rajasthan

December 29, 2021 549 Views 0 comment Print

Income Tax Department conducts searches in Rajasthan The Income Tax Department carried out search and seizure operations on 22.12.2021 on two groups and their business entities. One group is engaged in the business of manufacturing electrical switches, wires, LEDs, real estate and hotel business in Rajasthan, Maharashtra and Uttarakhand whereas, the other group is engaged […]

Income Tax Dept searches 2 business groups of Nandurbar & Dhule districts

December 29, 2021 744 Views 0 comment Print

The Income Tax Department carried out search and seizure operations on 22.12.2021 on two business groups of Nandurbar and Dhule districts of Maharashtra. These groups are engaged in the business of civil construction and land development. The search operation covered more than 25 premises spread across Nanndurbar, Dhule and Nashik.

SEBI explains what constitutes a deemed public issue

December 29, 2021 7785 Views 0 comment Print

i. As per Section 42(2) of the Companies Act, 2013 read with Rule 14 of the Companies (Prospectus and Allotment of securities) Rules, 2014 (corresponding provision —Section 67 of the Companies Act, 1956), any offer by a company, listed or unlisted, to allot or invitation to subscribe, or allotment of securities to more than 200 […]

No penalty if no material to prove suppression of facts to Evade Service Tax

December 29, 2021 3504 Views 0 comment Print

Commissioner of CGST & Excise Vs Asian Hotel (East) Limited (CESTAT Kolkata) In this case, I find that the contention of the appellant that he bona fidely believed that he is not liable to pay service tax but during the audit, the audit party informed him that he is liable to pay service tax, then […]

Bank Accounts opening without following procedure- HC grants bail to bank employees

December 29, 2021 840 Views 0 comment Print

Chhattisgarh High Court grants anticipatory bail to Union Bank of India employees in a Prevention of Money Laundering Act case. No custodial interrogation required.

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