Unique Identification Authority of India (UIDAI) today said that all its services are stable and functioning fine. There have been no outages in its Aadhaar – PAN/EPFO linking facility which is authentication-based facility.
Considering the difficulties being faced in issuing and amending Form no 3, which is a prerequisite for making payment by the declarant under Vivad se Vishwas Act, it has been decided to extend the last date of payment of the amount (without any additional amount) to 30th September, 2021. Necessary notification to this effect shall be issued shortly.
Chartered Accountants Association, Surat has made a representation to CBIC Chairman and brought to his attention Questionnaire of Absurdness issued by Department, Bottlenecks in the present GST Registration Scheme and Instances of absurd queries raised during GST Registrations by SGST Officials. Text of their representation is as follows:- Chartered Accountants Association, Surat Ref: CAAS/Representations/2021-22/06 Date: […]
This discussion paper solicits comments on the following issues related to a corporate insolvency resolution process (CIRP). A. Code of conduct for Committee of Creditors B. Restrictions on request for resolution plans and use of swiss challenge in CIRP C. Treatment of live bank guarantees and line of credit as claims in a CIRP
The Audit Firm’s reporting in the “Basis of opinion” section of Independent Auditors Report is false and misleading. he Audit Firm did not obtain sufficient appropriate audit evidence to understand the impact that the insolvency petition against JIL had on the Company (JAL).
Atlassian Pty Limited Vs DCIT (ITAT Bangalore) In the instant case, the assessee is a foreign company, which sells software licences to the end-users in India. Therefore, this case falls within the first category grouped by the Hon’ble Apex Court. The Assessing Officer in this case had elaborately examined the end-users licence agreement entered between […]
Blackstone FP Capital Partners Mauritius V Limited Vs DCIT (ITAT Mumbai) Undoubtedly, the core issue arising for consideration in the corresponding appeal of the assessee is, whether the long term capital gain arising out of sale of shares of an Indian company would be taxable in India. It is the stand of the assessee that […]
Chittor Polyfab Ltd. Vs Commissioner Of Central Excise, Central Goods And Service Tax (CESTAT Delhi) The circular dated 08.06.2018 also cannot be made retrospectively applicable to the period in question (April 2015 to June, 2017). At the relevant time, circular No. 988/12/2014 CX dated 20.10.2014 / Circular No. 97/8/2007-CX dated 23.8.2007 were applicable. It has […]
Applications are invited from Indian citizens to appear in the online written examination for issuance of license to act as a Customs Broker under Customs Brokers Licensing Regulations (CBLR), 2018, as amended. A copy of the regulations is available at www.cbic.gov.in and www.nacin.gov.in.
Ministry of Finance Pradhan Mantri Jan-Dhan Yojana (PMJDY) – National Mission for Financial Inclusion, completes seven years of successful implementation More than 43.04 crore beneficiaries banked under PMJDY since inception, amounting to Rs. 146,231 crore “The journey of PMJDY led interventions undertaken over a short span of 7 years has in effect, produced both transformational […]
