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Mere filing of Review petition does not obliterate ratio laid down in judgment under review

May 24, 2021 1962 Views 0 comment Print

Ganpati Zilla Krishi Audyogik Sar Seva Sahakari Society Ltd. Vs ITO (ITAT Pune) The contention of Ld. AR that a Review petition has been filed before the Hon’ble Supreme Court against the judgment in the case of CIT Vs Tasgaon SSK Ltd. (2019) 412 ITR 420 (SC) which is still pending and hence the decision […]

Dubai Chamber Liaison office to pay GST on activities on behalf of DCCI UAE

May 24, 2021 2136 Views 0 comment Print

In re Dubai Chamber of Commerce And Industry (GST AAR Maharashtra) In this case, the applicant connects businesses in India with business partners in Dubai. In other words applicant is providing services, to various business in India and Dubai and in view of the fact that the applicant is receiving consideration from its Head Office […]

Guidance on COVID-19 Vaccination at Work Places (Private)/Housing Societies

May 24, 2021 1491 Views 0 comment Print

Guidance on COVID-19 Vaccination at Work Places (Private)/Housing Societies 1. Background: a. Gov. of India has launched the COVID-19 vaccination program from 16.01.2021 and from 01.05.2021; it has been extended for the age group of 18 years and above. b. A substantial proportion of population aged between 45-59 years (in some cases upto 65 years) […]

Bring down the cost of Ambho-B 50mg Liposomal salt injections: CAIT

May 23, 2021 729 Views 0 comment Print

While appreciating the Govt for taking concrete steps to ensure availability of Remedesivir earlier & now AmphotericinB for treatment of Black Fungus, we also urge Shri  Mansukh Mandaviya to negotiate with pharma companies to bring down the cost of the drug as it’s too expensive. Confederation of All India Traders Ref. No.: 3219/1/50 21st May, […]

CAIT condemns Condemnable Remarks made by Amazon & USA Mission in India

May 23, 2021 519 Views 0 comment Print

Based on the exclusive revelation by Reuters, Confederation of All India Traders (CAIT) has taken strong exception & condemned global giant Amazon & U.S. Embassy India for their uncalled & disrespectful remarks made against Minister of Commerce and Industry Shri Piyush Goyal in an email sent to Mr John Kerry,  PMO India and United States Trade Representative. Text […]

Government Condemns False Reporting on Cairn Legal Dispute

May 23, 2021 321 Views 0 comment Print

The Government of India has strongly condemned the false reporting in certain media by some vested interests claiming that the Government of India has purportedly asked state-owned banks to withdraw funds from foreign currency accounts abroad in anticipation of the potential seizure of such accounts with regard to the Cairn legal dispute.

Royalty paid as per Govt/RBI approval will be treated as at arm’s length

May 21, 2021 2841 Views 0 comment Print

Dow Agrosciences India Private Limited Vs ACIT (ITAT Mumbai) We shall now deal with the observation of the TPO/DRP that the approval provided by the RBI would not constitute a valid CUP data, since the RBI does not take into account the transfer pricing provisions to determine the appropriate rates which can be considered as […]

HC directs Hindustan Coca-Cola to Reply show cause-cum-demand notice

May 21, 2021 1392 Views 0 comment Print

Hindustan Coca-Cola Beverage Pvt. Ltd. Vs Union of India and others (Bombay High Court) From a perusal of the show cause-cum-demand notice dated 09.05.2019 it is seen that according to respondent No.3, information was received that petitioner was engaged in the business of manufacturing and supply of various beverages and packaged drinking water. Petitioner supplied […]

CBI arrests 3 Custom dept Officials in Rs. 4 Lakh Bribery Case

May 20, 2021 1044 Views 0 comment Print

The Central Bureau of Investigation has arrested two Superintendents/Senior Intelligence Officers and an Inspector/Intelligence Officer, all of Customs(SIIB), ICD(Import), Tuglakabad, New Delhi in a bribery case of Rs. Four lakh.

Clarification on offsetting the excess CSR spent for FY 2019-20

May 20, 2021 2703 Views 0 comment Print

Several representations have been received in the Ministry for setting off the excess CSR amount spent by the companies in FY 2019-20 by way of contribution to ‘PM CARES Fund’ against the mandatory CSR obligation for FY 2020-21.

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