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ICAI Advisory to students, writing threatening mails to Exam Centres

November 20, 2020 7710 Views 1 comment Print

It has been reported by some Examination Centres that they are receiving threatening e-mails from some of the candidates appearing for the CA Examination scheduled for November, 2020.

SC stays HC order on Drawback Limitation for SCN under Drawback Rules

November 20, 2020 2238 Views 0 comment Print

Union of India Vs Famina Knit Fabs (Supreme Court) Drawback Limitation for SCN under Drawback Rules, 1995 and saving of SCNs, for earlier period, issued after Drawback Rules, 2017 The Supreme Court has stayed the operation of the Punjab & Haryana High Court’s 2019 decision wherein the High Court had held that any notice issued […]

Notification No. 61/2020-Customs (N.T./CAA/DRI), Dated: 19.11.2020

November 19, 2020 789 Views 0 comment Print

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) (Directorate of Revenue Intelligence) Notification No. 61/2020-Customs (N.T./CAA/DRI) New Delhi, the 19th November, 2020 S.O. 4178(E).—In pursuance of notification No. 60/2015-Customs (N.T.), published vide number G.S.R. 453(E), dated 4th June 2015 in Gazette of India, Extra-ordinary, Part-II, section 3, sub-section (i), and […]

Regulation 7A of IP regulations not applies to appointment as liquidator prior to 31.12.2019

November 19, 2020 441 Views 0 comment Print

The IBBI had issued on 27th August, 2020, the SCN to Mr. Kamal Garg for accepting the assignment of the voluntary liquidation of UAS International Trip Support Private Limited (CD) after 31st December 2019 without holding a valid Authorisation for Assignment (AFA) from his IPA. The public announcement was made on 12th January 2020. The […]

Section 10(34) & 10(38) exemption on dividend & LTCG of VCU earned by SARA Fund

November 19, 2020 6099 Views 0 comment Print

Japan International Co-operation Agency (JICA) Vs ACIT (ITAT Delhi) A.O. as well as Ld. CIT(A) have taken a wrong view by holding that the assessee cannot grow tax-free income u/ss 10(34) and 10(35) of the Acts unless additional tax has been paid as per the provisions of Sections 115-0 and 115-R of the Act and […]

CBIC notifies Rate of Exchange of Foreign Currencies wef 20.11.2020

November 19, 2020 807 Views 0 comment Print

CBIC notifies Rate of Exchange of Foreign Currencies against India Rupees wef 20th November, 2020, vide Notification No. 108/2020-Customs (N.T.), Dated: 19th November, 2020. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) ***** Notification No. 108/2020 – Customs (N.T.) New Delhi, dated the 19th November, 2020 28 […]

Request to implement OTS in Punjab VAT Assessment cases of small taxpayers

November 19, 2020 1614 Views 0 comment Print

Request to implement One Time Settlement (OTS) in VAT Assessment cases of small taxpayers from Punjab i.e. below annual turnover One Crore and avoid Exparte  orders in other cases

Notification No. 60/2020-Customs (N.T./CAA/DRI), Dated: 19.11.2020

November 19, 2020 453 Views 0 comment Print

Notification No. 60/2020-Customs (N.T./CAA/DRI), Dated: 19.11.2020- Appointment of common adjudicating authority by Principal Director General, Revenue Intelligence. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) (Directorate of Revenue Intelligence) Notification No. 60/2020-Customs (N.T./CAA/DRI) New Delhi, the 19th November, 2020 S.O. 4177(E).—In pursuance of notification No. 60/2015-Customs (N.T.), published vide number […]

Notification No. 59/2020-Customs (N.T./CAA/DRI), Dated: 19.11.2020

November 19, 2020 915 Views 0 comment Print

Notification No. 59/2020-Customs (N.T./CAA/DRI), Dated: 19.11.2020- Appointment of common adjudicating authority by Principal Director General, Revenue Intelligence. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) (Directorate of Revenue Intelligence) Notification No. 59/2020-Customs (N.T./CAA/DRI) New Delhi, the 19th November, 2020 S.O. 4176(E).—In pursuance of notification No. 60/2015-Customs (N.T.), published vide number […]

ICAI Changes venue of 5 Examination Centres for November 2020 Exam

November 19, 2020 915 Views 0 comment Print

ICAI Change of certain Examination Centre / minor correction in the address for CA November 2020. It is hereby informed that due to un- avoidable circumstances, certain examination centre(s), as per details give below has been changed.

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