Soul Jewels Vs DCIT (ITAT Mumbai) We find that assessee is a partnership firm engaged in the business of trading in diamonds. The original assessment was completed for the A.Y.2007-08 u/s.143(3) r.w.s. 153A of the Act determining the total income at Rs.56,34,520/- vide order dated 27/12/2011. This assessment was sought to be reopened by issue […]
Case No. AD(SSR)–11/2021Initiation of sunset review of anti-dumping duty imposed on imports of Ammonium Nitrate originating in or exported from Russia, Georgia and Iran.
Tax Bar Association Jodhpur (Rajasthan) has written a letter to DC (Administration), Jodhpur and requested for extension of Date for Phase-I of ‘Rajasthan Amnesty Scheme-2021’ from 30th April 2021 to 31st July 2021. Date: 09/06/2021 To, DC (Administration) Jodhpur Hon’ble Sir, Greetings of the Day! Sub: Request to extend of Date for Phase-I of “Amnesty […]
Tax Practitioners’ Association, Indore – Team TPA has released Advisory on Section 194Q (TDS on Goods) and TDS on non Income Tax Return Filers filers. Full Text of the Advisory is as follows:- TDS on purchase of Goods – Section 194Q (Applicable w.e.f. 1st July, 2021) Finance Act 2021 has introduced new provision which requires […]
On a review, it has been decided that Risk Based Internal Audit (RBIA) shall be applicable to Housing Finance Companies (HFCs) also, as stipulated below: a. All deposit taking HFCs, irrespective of their size b. Non-deposit taking HFCs with asset size of ₹5,000 crore and above
INTERIM ACTION PLAN FOR FINANCIAL YEAR 2021-22 Apart from the time barring work being attended to by the respective Charges, the following Key Result Areas have been identified for achievement within the time lines as indicated below:
Guidelines for compulsory selection of returns for Complete Scrutiny during the Financial Year 2021- 22 – conduct of assessment proceedings in such cases
BVD Power Private Limited Vs State Tax Officer (Madras High Court) Petitioner challenged the impugned order dated 8.12.2018 denying the transitional input tax credit availed by the petitioner for the period between July 2017 and December 2017 on the works contact. Against the said order, the petitioner had attempted to upload the appeal. However, the […]
Confederation of All India Traders Ref No. 3233/1/50 09th June, 2021 Shri J P Nadda Learned National President Bharatiya Janta Party New Delhi Subject- (Request for withdrawal of Increase in Property Tax & Trade License in Delhi) Dear Shri Nadda ji, We wish to appreciate the recent announcement made by Shri Vijay Rupani , Hon’ble […]
CBIC has lost a number of its serving officers and staff during the Covid pandemic, more so in the recent second wave, leaving their families, colleagues and indeed the entire organization, disconsolate and in a state of shock. We will always remember their valuable contribution, to the department and to the trade and industry, done in a spirit of service to the nation even during these challenging times.
