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Unsubstantiated allegations against applicant goes against the spirit of advance rulings

December 25, 2021 576 Views 0 comment Print

In the present case, the applicant has disclosed all relevant facts in the applications, which were also shared with the jurisdictional commissionerate. The unsubstantiated allegations of the commissionerate against the applicant in this proceeding are therefore unwarranted and go against the spirit of advance rulings.

Surrogacy (Regulation) Act, 2021

December 25, 2021 1839 Views 0 comment Print

Surrogacy (Regulation) Act, 2021 is An Act to constitute National Assisted Reproductive Technology and Surrogacy Board, State Assisted Reproductive Technology and Surrogacy Boards and appointment of appropriate authorities for regulation of the practice and process of surrogacy and for matters connected therewith or incidental thereto. MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, the […]

GST: DGGI, Ahmedabad Initiated Search Operations In Kanpur

December 24, 2021 1608 Views 0 comment Print

Officers Of Directorate General Of GST Intelligence (DGGI), Ahmedabad With The Support Of Officers Of Local Central GST Initiated Search Operations In Kanpur On specific intelligence, officers of Directorate General of GST Intelligence (DGGI), Ahmedabad with the support of officers of local Central GST initiated search operations in Kanpur on 22.12.2021. The search operations covered […]

ITAT deletes addition for Retention money kept with Electricity Board

December 24, 2021 1350 Views 0 comment Print

Lumino Industries Ltd. Vs ACIT (ITAT Kolkata) Retention money kept with the Electricity Board which would be released latter only once the assessee fulfills all the obligations under the contract then only the assessee would acquire the right to receive such retention money so this is contingent in nature, so the amount in question cannot […]

CBIC Notifies Rate of Exchange of Turkish Lira wef 25.12.2021

December 24, 2021 2337 Views 0 comment Print

CBIC notifies Rate of Exchange of Turkish Lira against Indian Rupees with effect from 25th December, 2021 vide Notification No. 103/2021-Customs (N.T.) | Dated: 24th December, 2021. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) ***** Notification No. 103/2021 – Customs (N.T.) New Delhi, dated the 24th December, […]

Bicycles- Retro Reflective Devices (Quality Control) Amendment Order, 2021

December 24, 2021 933 Views 0 comment Print

(1) This order may be called the Bicycles- Retro Reflective Devices (Quality Control) Amendment Order, 2021. (2) It shall come into force on the date of its publication in the Official Gazette.

Notification No. 54/2021-Customs, Dated: 24.12.2021

December 24, 2021 2556 Views 0 comment Print

Notification No. 54/2021-Customs Seeks to further amend Notification No. 46/2011-Customs, dated the 1st June, 2011 to give effect to 13th tranche of preferential tariff as per ASEAN India Trade in Goods Agreement (AITIGA) MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 24th of December, 2021 Notification No. 54/2021-Customs G.S.R. 881(E).—In exercise of the powers […]

Govt notifies bullion spot delivery contract as security for issuance & Trading in IFSCA

December 24, 2021 2385 Views 0 comment Print

Govt notifies (i) bullion spot delivery contract; and (iii) bullion depository receipt with underlying bullion as securities for the purpose of Section 18 of the Securities Contracts (Regulation) Act, 1956 in respect of issuance and trading of such securities in an International Financial Services Centre under the International Financial Services Centres Authority Act, 2019. MINISTRY […]

Govt notifies Electronic Gold Receipt as security under Securities Contracts (Regulation) Act, 1956

December 24, 2021 1623 Views 0 comment Print

Electronic Gold Receipt means an electronic receipt issued on the basis of deposit of underlying physical gold in accordance with the regulations made by the Securities and Exchange Board of India under section 31 of the said Act.

Form DPT-l | Circular or circular in the form of advertisement inviting deposits

December 24, 2021 1113 Views 0 comment Print

FORM DPT-l CIRCULAR OR CIRCULAR IN THE FORM OF ADVERTISEMENT INVITING DEPOSITS [Pursuant to section 73 (2)(a) and section 76 and rule 4(1) and 4(2) of the Companies (Acceptance of Deposits) Rules, 2014] The circular or circular in the form of advertisement shall contain the following: GENERAL INFORMATION (a) Name, address, website and other contact […]

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