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Serious Management Issues in COVID Control: Gujarat HC takes cognizance

April 11, 2021 1074 Views 0 comment Print

SUO MOTU Vs State of Gujarat (Gujarat High Court) 1 The Division Bench presided by the Chief Justice on 06.04.2021 had a dialogue with the Senior most State Law Officers, learned Advocate General and the learned Government Pleader expressing concern regarding the upsurge of COVID-19 cases in the State and requesting the State to take […]

Engagement of Young Professionals in MCA on contract basis

April 10, 2021 2220 Views 0 comment Print

Ministry of Corporate Affairs is pleased to invite applications to engage the services of Young Professionals (YPs) on contract basis. Details of the posts and terms & conditions as well as period of engagement, eligibility, experience, etc. are as under:-

CMA: Extension of time granted to undergo Mandatory Capacity Building Training

April 10, 2021 363 Views 0 comment Print

The practicing members who have taken the Certificate of Practice (COP) during the period 1st February, 2019 to 31st March, 2021 and have not undergone the Mandatory Capacity Building Training (MCBT) and have to renew their COP for the year 2021-22 needs to register and undertake MCBT.

ICSI allows 10th passed students to provisionally register to CS Executive Entrance Test

April 10, 2021 705 Views 0 comment Print

Important decisions taken by the Council of the ICSI at its meeting held during 26th & 27th March, 2021 1 Allowing 10th passed students to provisionally register to CS Executive Entrance Test (CSEET).

Late cut for MEIS applications for exports made in Financial Year 2019-20

April 9, 2021 4521 Views 0 comment Print

A relaxation in the late cut provisions have been provided for Shipping bill (s) of the period 01.04.2019 to 31.03.2020 , so that if such shipping bills are submitted on or before 30.09.2021, for an MEIS claim, no late cut would be applicable.

Reg. over-valued export of glass beads under erstwhile DEPB Scheme

April 9, 2021 654 Views 0 comment Print

All officers should take note of the following observations of Hon’ble CAT (PB), New Delhi made while disposing matter related to over-valued export of glass beads under erstwhile DEPB Scheme:

HC allows Interim release of goods as petitioner already paid Tax & Penalty

April 9, 2021 747 Views 0 comment Print

Mahakali Transport Vs State of Punjab (Punjab High Court) FULL TEXT OF THE JUDGMENT/ORDER OF PUNJAB AND HARYANA HIGH COURT The resolution is not clear as to how the interim release of the goods can be given as at the time of filing of the appeal, the petitioner has deposited the entire 100% of the […]

ITAT deletes addition made for non-production of audited books

April 9, 2021 576 Views 0 comment Print

ITO Vs Richmond Vivek Laboratories P Ltd (ITAT Hyderabad) Learned CIT (DR) vehemently contended during the course of hearing that the CIT (A) has erred in law and on facts in deleting the impugned misc. expenditure disallowance of Rs.1,92,38,312/- despite the fact that the assessee had failed to prove the same by way of filing […]

HC directs MSME Facilitation council to decide if council is empowered to act as an Arbitrator

April 9, 2021 1347 Views 0 comment Print

Gujarat High Court directs Micro and Small Enterprises Facilitation Council to determine if it can act as an Arbitrator after serving as a Conciliator.

Reopening based on mistaken facts was invalid

April 9, 2021 810 Views 0 comment Print

Therefore, reasons are to be examined only on the basis of reasons as recorded. Here, in this case, I note that the A.O on mistaken facts resorted to reopening which is an admitted fact on a perusal of re-assessment order (supra). Therefore, the condition precedent for reopening the assessment u/s 147 of the Act is found to be absent and, therefore, the reopening itself is bad in law and therefore, the impugned notice u/s 148 of the Act is quashed and therefore, the consequent action of making addition of Rs.9,80,494/- is null in the eyes of law.

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