Follow Us:

Payment of Wages and Minimum Wages (Maharashtra Amendment) Act, 2010

August 9, 2021 7947 Views 0 comment Print

Payment of Wages and Minimum Wages (Maharashtra Amendment) Act, 2010 is An Act further to amend the Payment of Wages Act, 1936 and the Minimum Wages Act, 1948, in their application to the State of Maharashtra and Provided that, all wages payable to the employed persons, who are in continuous service as stipulated in section […]

Refund of Excess custom duty paid cannot be withheld on the ground of limitation

August 8, 2021 3588 Views 0 comment Print

UPL Limited Vs Union of India (Gujarat High Court) It is an undisputed fact that the petitioner paid custom duty to the tune of Rs.17,25,172/- for the goods imported on 11/04/2016. Again he paid an amount to the tune of Rs.95,07,943/- on 12/04/2016 for different consignment imported by the petitioner. The petitioner was supposed to […]

Education Cess allowable & is not a Capital or Personal Expense

August 8, 2021 2148 Views 0 comment Print

Expeditors International (India) Pvt. Ltd. Vs DCIT (ITAT Delhi) Education Cess is not of the nature described in sections 30 to 36, Education Cess is not in the nature of capital expenditure, Education Cess is not personal expense of the Assessee, it is mandatory for it to pay Education Cess and for the purpose of […]

MahaRERA: Invoking Force Majeure for Covid-19 Pandemic second wave

August 6, 2021 5253 Views 0 comment Print

Whereas, in view of COVID-19 (Corona Virus) Pandemic and consequent nation-wide lockdown with effect from March, 2020, reverse migration of labourers to their native places and break in supply chain of construction material, the construction activities of real estate projects across the country had been severely impacted.

RBI allows banks to extend export credit using any widely accepted Alternative Reference Rate

August 6, 2021 915 Views 0 comment Print

In view of the impending discontinuance of LIBOR as a benchmark rate, it has been decided to permit banks to extend export credit using any other widely accepted Alternative Reference Rate in the currency concerned. All other instructions in this regard shall remain unchanged.

SVLDRS 2019: ‘Redemption fine’ is a kind or type of ‘penalty’

August 6, 2021 4653 Views 0 comment Print

Jay Shree Industries Vs Union of India (Allahabad High Court) Whether ‘redemption fine’ falls within the meaning of the word ‘penalty’ used in section 129 of the Scheme, we find neither word has been defined under the Scheme or the Rules framed thereunder or the principal Act, namely the Central Excise Act, 1944. Indisputably, the […]

Final IRDAI Order in the matter of Corporation Bank, Corporate Agent

August 6, 2021 3741 Views 0 comment Print

Bank is having Corp Mediclaim Product group health insurance tie up with the New India Assurance Company limited to fulfill the health insurance requirements of bank account holders. The CA requested the New India insurance company (NIACL) about rectification of wrong group size.

Services of construction of R&R Colony taxable under Works Contract Service

August 6, 2021 2193 Views 0 comment Print

In re Adani Enterprises Limited (GST AAR Madhya Pradesh) Q1.  Whether the services of construction of the R&R Colony supplied by the Applicant would be taxed as a part of the composite supply of mining service or the same would be taxed separately as a supply of works contract service. In respect of 1st question, […]

Receipts for sale of software licenses & provision of ancillary support services cannot be assessed as royalty income

August 5, 2021 1305 Views 0 comment Print

Informatica Business Solutions Pvt. Ltd. Vs DCIT (ITAT Bangalore) Assessee has sold software products and also received income for providing support services. He submitted that providing ancillary support services is also related to sale of software products only. He submitted that the decision rendered by Hon’ble Karnataka High Court in the case of Samsung Electronics […]

Ban on online games of skills played with stakes as unconstitutional: Madras HC

August 4, 2021 3195 Views 0 comment Print

Junglee Games India Private Limited Vs The State of Tamil Nadu (Madras High Court) The petitioners complain of an over-paternalistic stance taken by the State in bringing about sweeping amendments to an existing law that, according to the petitioners, infringe their fundamental rights and are otherwise unreasonable to the point of being manifestly arbitrary. 2. The […]

Search Post by Date
July 2026
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031