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Consumer Protection (Administrative Control over the State Commission and the District Commission) Regulations, 2020

July 24, 2020 2256 Views 0 comment Print

These regulations may be called the Consumer Protection (Administrative Control over the State Commission and the District Commission) Regulations, 2020. They shall come into force on the date of their publication in the Official Gazette.

Consumer Protection (Consumer Commission Procedure) Regulations, 2020

July 24, 2020 5550 Views 0 comment Print

(1)These regulations may be called the Consumer Protection (Consumer Commission Procedure) Regulations, 2020. (2) They shall come into force on the date of their publication in the Official Gazette.

Mandatory Testing & Certification of Telecommunications Equipment wef 01.10.2020

July 24, 2020 1161 Views 0 comment Print

Telecommunication Engineering Centre has notified that testing and certification for telecommunications equipment under phase-II of Mandatory Testing and Certification of Telecommunications Equipment (MTCTE) regime as provisioned in India Telegraph (Amendment) Rules 2017, shall be mandatory w.e.f. 1st Oct 2020

Designation of Special Courts at Kamrup (Guwahati) under Company Law

July 24, 2020 627 Views 0 comment Print

Chief Justice of the High Court of Gauhati hereby designates Court of Chief Judicial Magistrate, Kamrup (M) at Guwahati as Special Court for the purposes of providing speedy trial of offences under clause (b) of sub-section (2) of section 435 of the Companies Act, 2013. MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 24th July, […]

HC allows filing of GST returns without paying entire admitted tax: Allows payment in Installment

July 24, 2020 1803 Views 0 comment Print

Pazhodiyum Food Ventures Vs Supritendent Commercial Taxes (Kerala High Court) The petitioner is a private limited company registered as a service provider under the Goods and Service Tax Act. In the Writ Petition it is the case of the petitioner that while he intends to pay the arrears of tax due for the assessment year […]

NFRA bans another auditor in IL&FS case for 5 Years & levied penalty

July 23, 2020 3663 Views 0 comment Print

NFRA makes the following order in terms of Sec 132(4)(c) of the Companies Act, 2013. (i) A monetary penalty of Rs Five Lakhs is levied upon CA Rukshad Daruvala. (ii) In addition, CA Rukshad Daruvala is debarred for a period of five years from being appointed as an auditor or internal auditor or undertaking any […]

SEBI allows OFS & RE transactions during trading window closure period

July 23, 2020 543 Views 0 comment Print

It has been decided that in addition to the transactions mentioned in Clause 4 (3) (b) of Schedule B read with Regulation 9 of PIT Regulations, trading window restrictions shall not apply in respect of OFS and RE transactions carried out in accordance with the framework specified by the Board from time to time.

Supply of customized software was not “Royalty: ITAT Delhi

July 23, 2020 1653 Views 0 comment Print

Aspect Software Inc Vs DCIT (ITAT Delhi) Consideration received by the Assessee for supply of product along with license of software to End user is not royalty under Article 12 of the Tax Treaty. Even where the software is separately licensed without supply of hardware to the end users (i.e. eight out of 63 customers), […]

Eligibility for inputs tax credit on Demo Vehicles

July 23, 2020 2541 Views 0 comment Print

Eligibility for inputs tax credit on Demo Vehicles can not be decided on the basis of their capitalisation, or payment of GST at the time of their sale in the subsequent year.

ITC not available on Demo vehicles purchased for furtherance of business

July 23, 2020 1392 Views 0 comment Print

Khatwani Sales And Services LLP (GST AAR Madhya Pradesh) Applicant is not eligible for Input Fax Credit on Demo vehicles purchased for furtherance of business, in view of barring provisions of clause (a) of sub-section (5) of Section 17 of GST Act, 2017, as they are not covered by any of the exceptions given in […]

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