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222 transfer/postings of the officers in the grade of PCIT/PDIT

August 17, 2021 7734 Views 0 comment Print

Office Order No. 206 of 2021 In supersession of all earlier orders, the following transfer/postings of the officers in the grade of Principal Commissioners of Income Tax/Principal Directors of Income Tax, are hereby ordered with immediate effect and until further orders:

Procedure & Criteria for submission & approval of applications for export of COVID-19 Rapid Antigen Testing kits

August 17, 2021 663 Views 0 comment Print

Exporters are requested to apply for export license by filing applications online through DGFT’s ECOM system for Export authorizations (Non-SCOMET Restricted items) — Please refer Trade Notice No. 50 dated 18.03.2019. There is no need to send any hard copy of the application via mail or post.

Pr. Commissioners of Customs can decide amount of security required in certain cases of provisional assessments

August 16, 2021 4020 Views 0 comment Print

Amendment in Circular no. 38/2016-Customs with the insertion of a new entry 5(d) to enable Pr. Commissioners/Commissioners of Customs to decide the amount of security required in certain cases of provisional assessments – reg. Circular No. 19/2021-Customs F. No. 15021/10/2020-ICD-CBEC Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and […]

Late payment of employee’s contribution to EPF & ESIC allowable if paid before filing I.T. return

August 15, 2021 8220 Views 0 comment Print

Indo States Exports Vs ACIT (ITAT Delhi) The only effective ground is against the disallowance of Rs.3,01,631/- on account of late payment of employee’s contribution towards EPF and ESI. Ld. Counsel for the assessee submitted that authorities below were not justified in disallowing the claim of the assessee in respect of employee’s contribution. Hon’ble Jurisdictional […]

Limited Liability Partnership (Amendment) Act, 2021

August 14, 2021 6414 Views 0 comment Print

(1) This Act may be called the Limited Liability Partnership (Amendment) Act, 2021. (2) It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint and different dates may be appointed for different provisions of this Act and any reference in any such provision to the commencement of this Act shall be construed as a reference to the coming into force of that provision.

Constitution (Scheduled Tribes) Order (Amendment) Act, 2021

August 14, 2021 990 Views 0 comment Print

MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, the 13th August, 2021/ Sravana 22, 1943 (Saka) The following Act of Parliament received the assent of the President on the 13th August, 2021, and is hereby published for general information:— THE CONSTITUTION (SCHEDULED TRIBES) ORDER (AMENDMENT) ACT, 2021 NO. 32 OF 2021 [13th August, 2021.] […]

Dominance practices on E-Commerce by Big E-Tailers

August 14, 2021 759 Views 0 comment Print

Confederation of All India Traders urged Minister of Commerce and Industry Shri Piyush Goyal for simultaneous investigation of Banks & Brands by Competition Commission of India along with Flipkart & Amazon, for colluding with e-commerce players to distort the Indian retail market and promoting unhealthy trade. Confederation of All India Traders Ref. No. 3264/1/50 13th […]

Essential Defence Services Act, 2021

August 14, 2021 567 Views 0 comment Print

THE ESSENTIAL DEFENCE SERVICES ACT, 2021 is An Act to provide for the maintenance of essential defence services so as to secure the security of nation and the life and property of public at large and for matters connected therewith or incidental thereto.

No Change in CS Examination Time Table: ICSI

August 13, 2021 504 Views 0 comment Print

The Company Secretaries Examination will be held on 20th August, 2021,, as scheduled, as per the Time Table hosted on the lnstitute’s website. There is no change in Time Table as announced earlier.

Amendment enhancing exempt Gratuity Limit cannot be treated to be retrospective: SC

August 13, 2021 1854 Views 0 comment Print

Krishna Gopal Tiwary & Anr. Vs Union of India (Supreme Court) What is exempt from the Income Tax Act is the amount of gratuity received under the Gratuity Act to the extent it does not exceed an amount calculated in accordance with the provisions of sub-sections (2) and (3) of Section 4 of the Gratuity […]

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