Shri Jaideep Singh Vs ITO (ITAT Jaipur) A question that arises for con sideration is whether the AO can issue second notice u/s 148 and initiate fresh reassessment proceedings before completion/conclusion of proceedings initiated by way of first notice u/s 148 either by way of dropping the first reassessment proceedings or completing the proceedings by […]
Provisions for allocation of Tariff Rate Quota (TRQ) for 20 Lakh MT of Crude Soya bean oil and 20 Lakh MTs of Crude Sunflower oil for FY 2022-23 and 2023-24 has been notified. MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) New Delhi, the 24th May, 2022 Public Notice No. […]
Export of Sugar (Raw, Refined and White sugar) is placed under ‘Restricted’ category from 1st June, 2022 onwards (except fixed quantity of sugar being exported under CXL and TRQ quota to EU and USA). Export after 01.06.2022 will be allowed on production of specific permission (as per the procedure to be notified separately by DFPD) […]
Seeks to levy anti-dumping duty on imports of ‘Ceramic Tableware and kitchenware, excluding knives and toilet items’ originating in or exported from China PR for a period of five years. MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi Notification No. 16/2022-Customs (ADD) | Dated: 24th May, 2022 G.S.R. 388(E).—Whereas, in the matter of ―Ceramic […]
Anti Dumping Duty on Decor Paper – Seeks to amend notification No. 77/2021-Customs(ADD), dated the 27th December, 2021 vide Notification No. 15/2022-Customs (ADD) | Dated: 24th May, 2022 MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi Notification No. 15/2022-Customs (ADD) | Dated: 24th May, 2022 G.S.R. 387(E).—Whereas in the matter of ‘Décor Paper’ (hereinafter […]
CBIC amends Notification No.12/97-Customs(N.T.), dated the 2nd April, 1997 vide Notification No. 45/2022-Customs (N.T.), Dated: 24.05.2022 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) New Delhi, the 24th May, 2022 Notification No. 45/2022-Customs (N.T.) G.S.R. 391(E).—In exercise of the powers conferred by clause (aa) of sub-section (1) of section 7 […]
Notification No. 30/2022-Customs, Dated: 24.05.2022 – Seeks to provide global Tariff Rate Quota (TRQ) of 20 LMT per FY to Crude Sunflower Oil and Crude Soyabean Oil for 2 years exempting from whole of BCD and AIDC MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 30/2022-Customs | Dated: 24th May, 2022 G.S.R. 392(E).—In […]
DC notes that Mr. Kari should have been more careful, diligent, and vigilant in conducting the liquidation process and should have been cautious and prompt in discharging his duties as the Liquidator of the CD. While putting the property to auction, he should have seen whether after successful auction property can be transferred to the […]
Central Government hereby notifies courses offered in Financial Management, FinTech, Science, Technology, Engineering and Mathematics by foreign universities or foreign institutions in the International Financial Services Centre, as financial service.
Asha Bhausaheb Thube Vs ITO (ITAT Pune) Section 54F of the Act requires assessee to purchase new residential house within a period of Two years after the date of Sale or construct within a period of Three years. In this case, it is a fact that assessee has neither purchased nor constructed a residential house […]
