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Income Tax Department searches prominent actor in Mumbai

September 18, 2021 864 Views 0 comment Print

The Income Tax Department conducted a search and seizure operation at various premises of a prominent actor in Mumbai and also a Lucknow based group of industries engaged in infrastructure development. Total 28 premises spread over Mumbai, Lucknow, Kanpur, Jaipur, Delhi, and Gurgaon have been covered in the search operation.

Tribunal constituted to decide ICAI/ICSI/CMA 2021 election disputes

September 17, 2021 1014 Views 0 comment Print

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 17th September, 2021 G.S.R. 642(E). —In exercise of the powers conferred by sub-section (1) of section 10B of the Chartered Accountants Act, 1949 (38 of 1949) and in pursuance of rule 3 of the Chartered Accountants (Election Tribunal) Rules, 2006, the Central Government hereby makes the following […]

BCD rate on Lentils (Masur) imported from USA amended to 20%

September 17, 2021 1329 Views 0 comment Print

Seeks to amend the BCD rate on Lentils (Masur) [0713 40 00], originating in or exported from USA to 20%. Notification No. 44/2021- Customs | Dated: 17th September, 2021 MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 44/2021- Customs | Dated: 17th September, 2021 G.S.R. 640(E).—In exercise of the powers conferred by sub-section […]

Anti-Dumping Investigation -Imports of Ofloxacin & its intermediates

September 17, 2021 1044 Views 0 comment Print

(Case No. AD-OI-12/2021) Initiation of Anti-Dumping Investigation concerning imports of Ofloxacin and its intermediates originating in or exported from China PR.

Bullion Trading Member and Clearing Members in GIFT-IFSC

September 17, 2021 1539 Views 0 comment Print

It has been decided to permit all members of the stock exchanges and clearing corporations in GIFT-IFSC to be enabled as Bullion Trading/Clearing Members subject to the fulfilment of requisite net worth criteria as specified by the Authority.

Bombay High Court allowed Manual Filing of TRANS-1 FORM

September 16, 2021 2514 Views 2 comments Print

Para 13 We permit the petitioner to tender the revised form GST TRAN-1, online as well as by tendering a copy manually to respondent No.4 within two (2) weeks’ time. We are permitting the petitioner to submit the revised form manually.

Assessment order passed on amalgamating company after dissolution is invalid

September 16, 2021 4644 Views 0 comment Print

Infosys BPM Limited Vs JCIT (ITAT Bangalore) Order of assessment framed in the name of a non non­existent entity after it ceased to be a subsisting entity, was ab-initio initio void and therefore, null in the eyes of law. On similar facts and circumstances of the case and law applicable, the ITAT, Bangalore bench in […]

Sunset Review Investigation – Imports of Polytetrafluoroethylene (PTFE)

September 16, 2021 990 Views 0 comment Print

[Case No. AD (SSR) 19/2021] Initiation of Sunset Review Investigation concerning imports of Polytetrafluoroethylene (PTFE) originating in or exported from China PR.

IRDA penalises surveyor for Performing survey works in areas for which surveyor does not hold a license

September 16, 2021 1491 Views 0 comment Print

As per the data submitted by the SLA regarding the surveys performed by the surveyors, some of the surveyors have performed the survey work in areas for which they do not hold the license.

Last date for submission of application for MEIS, SEIS, ROSCTL, ROSL

September 16, 2021 10065 Views 0 comment Print

The last date of submitting applications under MEIS, SEIS, ROSCTL, ROSL and 2% additional ad hoc incentive (under para 3.25 of FTP) has been notified to be 31.12.2021, in supersession of any such provision in the Hand Book of Procedures, 2015­-20 going forward. Further, the validity of any scrip issued under FTP from the date […]

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