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Applicability of transitional provisions CCR Rule 11(3) to both sub-rules 3(i) & 3(ii)

February 17, 2023 480 Views 0 comment Print

Jansons Textile Processors Vs Commissioner of Central Excise & ST Salem (CESTAT Chennai) The facts of the matter are that appellants are manufacturers of cotton textile fabrics and made ups. They were clearing some of the final products on payment of duty as per Notification No.29/2004-CE and claimed exemption under notification No.30/2004-CE on other products. […]

User Manual for Resolution of Company Complaints through NEAPS

February 17, 2023 2175 Views 0 comment Print

National Stock  Exchange of India Circular Department: Investor Services Cell Circular Ref No: NSE/CML/2023/17 Date: February 17, 2023 The Company Secretary All Listed Companies Subject: Resolution of Company complaints through NEAPS Dear Sir/ Madam, The Exchange has been providing a mechanism to resolve complaints pertaining to Listing Obligations and Disclosure Requirement (LODR) received from Investors against […]

C-forms cannot be cancelled retrospectively

February 17, 2023 1590 Views 0 comment Print

Louis Dreyfus Company India PVT. LTD. Vs Commissioner Trade And Tax Department & ORS. (Delhi High Court) In Jain Manufacturing (India) Pvt. Ltd. v. The Commissioner Value Added Tax & Anr.: W.P.(C) 1358/2016, decided on 06.2016 this court had held that C-forms cannot be cancelled retrospectively. Further, this Court has disposed of several writ petitions […]

HC quashes Section 148(A) Order passed unilaterally without considering adjournment request

February 17, 2023 3498 Views 0 comment Print

Shree Siddhi Foods Vs ACIT (Gujarat High Court) In this case request of adjournment for seven days was not acceded to by explicit order. Thereafter, when the order was passed under Section 148A(d) on 31.3.2022, he was oblivious of the reply which was tendered by the petitioner-assessee. This practice of not responding to the request […]

Services provided to BWSSB is service to governmental authority under GST

February 17, 2023 2778 Views 0 comment Print

In re Suez India Private Limited (AAR Karnataka) i. Whether the services provided to Bengaluru Water Supply and Sewerage Board would be considered as a service provided to a governmental authority under GST Laws? The services provided to Bengaluru Water Supply and Sewerage Board (BWSSB) would be considered as a service provided to a Governmental […]

Section 263 notice issued to a person after his death is invalid

February 17, 2023 1542 Views 0 comment Print

Where notices were issued to assessee under Section 263 after his death notice could not have been validly served upon assessee, therefore, said notices are invalid and liable to quash. Assessment order framed under dead person is also liable to be quashed.

Draft RBI (Government Securities Lending) Directions, 2023

February 17, 2023 1338 Views 0 comment Print

Government securities issued by the Central Government excluding Treasury Bills shall be eligible for lending/borrowing under a GSL transaction.

Mere unsustainable claim not amounts to furnishing inaccurate particulars of Income

February 17, 2023 1653 Views 0 comment Print

Galaxy Construction and Contractors Pvt. Ltd. Vs DCIT (ITAT Pune) The issue in the present appeal relates to levy of penalty under the provisions of section 271(1)(c) of the Act. The penalty was levied by the Assessing Officer in respect of addition made under the provisions of section 36(1)(iii) of the Act. It is an […]

Jurisdiction of Assessee cannot be transferred Automatically to Jurisdiction of Company in which he is director

February 17, 2023 3285 Views 0 comment Print

Petitioner was surprised that jurisdiction had been shifted from Bhubaneswar to Balasore and he accordingly filed an objection on 10th March, 2016.

Notification No. 17/09-ST is not service specific but is service provider specific

February 17, 2023 1080 Views 0 comment Print

Laviosa Trimex Industries Pvt Ltd Vs C.C.E. & S.T (CESTAT Ahmedabad) Appellant is a CHA and they have issued the invoices showing the description as Custom House Agency Service Charges. Therefore, there is no dispute that the services on which the refund claim was made is indeed CHA Service. Moreover, even if any other service […]

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