CBIC amends Notification 11/2021-Customs, dated the 1st February, 2021 in order to withdraw AIDC exemption on Anthracite , PCI Coal and Coking Coal vide Notification No. 60/2022-Customs Dated: 18th November, 2022. MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 60/2022-Customs Dated: 18th November, 2022 G.S.R. 829(E).—In exercise of the powers conferred by sub-section […]
CBIC amends Notification No. 50/2017-Customs, dated the 30th June, 2017 in order to withdraw BCD exemption on Anthracite and PCI Coal, Coke & Semi coke and ferronickel vide Notification No. 59/2022-Customs Dated: the 18th November, 2022. MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 59/2022-Customs Dated: 18th November, 2022 G.S.R. 828(E).—In exercise of […]
CBIC amends Notification No. 27/2011- Customs, dated the 1st March, 2011 in order to withdraw export duty on iron ore & steel products vide vide Notification No. 58/2022-Customs Dated: the 18th November, 2022. MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 58/2022-Customs | Dated: the 18th November, 2022 G.S.R. 827(E).—In exercise of the […]
(1) No person shall manufacture, pack, store, sell, market or otherwise distribute or import any food or food ingredient produced from GMOs, except with the prior approval of the Food Authority. (2) The provisions of these regulations are in addition to, and not in derogation of, any other rules or regulations made under the Act.
Income Tax Department initiated Search & Seizure actions on 20.10.2022 and 02.11.2022 on certain individuals who had executed Joint Development Agreements (JDAs) with various real-estate developers. The search action covered more than 50 premises spread across Bengaluru, Mumbai and Goa. During the course of the search operations, a large number of incriminating evidences, in the […]
Satish Kumar Contractor Vs ACIT (ITAT Delhi) Counsel for the assessee vehemently submitted that the AO was not justified in making the addition on substantive basis in the hands of the assessee. He submitted that the assessee had filed a Supplementary Partnership Deed which clarified about the liability of the assessee firm. It was further […]
Authority regarding action consequential to issuance of Show Cause Notice and for issuance of recurring SCN in case of an enforcement action initiated by the State authorities against a taxpayer assigned to Centre and vice versa.
Malwa Coop. L & C Society Ltd. ITO (ITAT Amritsar) In this case Hon’ble ITAT already determined the turnover, and the direction was made accordingly. Also related to deduction u/s 80P(2)(a)(vi) specific direction was made by the Hon’ble ITAT in its order dated 13.10.204 in ITA No. 483/Asr/2014. ITAT heard the rival submissions and relied […]
Assessing authority had passed the order beyond his jurisdiction by calculating the cost of acquisition on basis of his own assumption.
IFSCA and RBI have entered into a Memorandum of Understanding (MoU) for collaboration in the field of regulation and supervision of regulated entities in their respective jurisdictions.
