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LLP Settlement Scheme, 2020 benefit cannot be denied on Form uploaded pursuant to Court Order

September 25, 2020 576 Views 0 comment Print

Handoo & Handoo Legal Consultants Vs. Union of India (Delhi High Court) The plea of the petitioner(s) in the present applications is that they have been denied the benefit of the Scheme only on the ground that they uploaded the forms pursuant to the order dated 06.12.2018 of this Court. The learned counsel for the […]

Faceless Appeal Scheme, 2020

September 25, 2020 27252 Views 1 comment Print

This Scheme may be called the Faceless Appeal Scheme, 2020. The appeal under this Scheme shall be disposed of in respect of such territorial area or persons or class of persons or incomes or class of incomes or cases or class of cases, as may be specified by the Board.

Transgender Persons (Protection of Rights) Rules, 2020

September 25, 2020 17361 Views 1 comment Print

(1) These rules may be called the Transgender Persons (Protection of Rights) Rules, 2020. (2) They shall come into force on the date of their publication in the Official Gazette.

Implementing RFQ platform for Investments in Corporate Bonds / Commercial Papers

September 25, 2020 1212 Views 0 comment Print

With a view to enhance and coalescing the fragmented liquidity in Corporate Bonds, SEBI has implemented Request for Quote (RFQ) Platform through Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). The RFQ platform seeks to replicate the OTC market albeit on an electronic platform in a move to bring more transparency, centralization in protecting investor interest apart from having enough liquidity in Secondary Market.

Bright line test not appropriate for benchmarking AMP expenses

September 24, 2020 2475 Views 0 comment Print

Haier Appliances India Pvt. Ltd. Vs. DCIT (ITAT Delhi) This is not disputed by the Revenue as the TPO in order dated 21.10.2011 considered Vivek Limited as appropriate comparable for benchmarking AMP expenses, applying Bright Line Test. The TPO considered Vivek Limited as comparable as it is trader/re-seller of home appliances and does not own […]

ICSI opens 45 New Examination Centres

September 24, 2020 495 Views 0 comment Print

ICSI, in its endeavour to provide for a healthy and safe operational environment to all its stakeholders amidst the Covid-19 pandemic, has decided to open 45 New Examination Centres across the country for the Company Secretary Examination scheduled to be held from Monday, 21st December, 2020 to Wednesday, 30th December, 2020.

N0 GST exemption on manpower services to Seth L.G. General Municipal Hospital

September 24, 2020 1161 Views 0 comment Print

In re Vishv Enterprise (GST AAR Gujarat) Whether services of providing Para-medical Administrative, Technical and other Staff on Outsource basis to Seth L.G. General Municipal Hospital are exempted or not? As no evidence has been provided by applicant to establish that Seth L.G. General Hospital falls under definition of ‘Central Government’ or ‘State Government’ or […]

Exemption notification should be interpreted strictly: Delhi HC

September 24, 2020 1629 Views 0 comment Print

Apeejay Infralogistics challenges denial of cost recovery charge (CRC) waiver by Customs for ICDs/CFSs. Get insights on regulatory disputes and cargo handling.

No illegality on Transport of Goods from one place of Business to other

September 23, 2020 2886 Views 0 comment Print

Same Deutzfahr India P Ltd Vs State of Telangana (Telangana High Court) Once it is clear that petitioner has additional place of business in the State of Telangana in Bongulur village, Ibrahimpatnam Mandal and the goods were being transported to that address from its Corporate office at Ranipet, Tamil Nadu State, it cannot be said […]

PIL cannot be filed for non-completion of GST crime investigation within time

September 23, 2020 837 Views 0 comment Print

Nitin Singh Bhati Vs. Union of India (Madhya Pradesh High Court, Indore Bench) The petitioner before this court a practicing advocate has filed this present petition by way of Public Interest Litigation. The contention of the petitioner is that a criminal case was registered against certain persons in the township of Indore i.e. Crime No. […]

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