We find that the claim of depreciation in respect of license/ registration fee paid by the assessee to the Indian Railways is an asset whereon depreciation u/s. 32(1) is allowable.
MGF Event Management Vs CCE (CESTAT Delhi) We cannot accept the appellant‘s plea that huge parking space area was given to the appellant without any agreement with respect to financial consideration or without an agreement with respect to contingent liabilities with respect to theft, injuries, fire or other liabilities. It is difficult to believe that […]
Permanently disabled child/children or sibling can be co-authorized in the PPO issued to the retiring Government servant if there is no other eligible prior claimant for family pension other than the spouse.
The subscribers of RD/PPF/SSA Accounts may deposit the mandated due amount, if any of current F.Y. (2019-20) and April, 2020 (as the case may be) in their respective accounts till 30th June, 2020 and no penalty/revival fee shall be charged
Sunita Palta & Ors. Vs. Kit Marketing Pvt. Ltd. (Madras High Court) Non-Executive Directors are, therefore, persons who are not involved in the day-to-day affairs of the running of the company and are not in charge of and not responsible for the conduct of the business of the company.’ Admittedly, the petitioners are neither the […]
All India Federation of Tax Practitioners Vs Union of India (Andhra Pradesh High Court) Petition under Article 226 of the Constitution of India praying that in the circumstances stated in the affidavit filed therewith, the High Court may be pleased to issue an appropriate writ, order or direction particularly in the nature of Writ of […]
Securities and Exchange Board of India CIRCULAR SEBI/HO/CDMRD/DRMP/CIR/P/2020/32 March 03, 2020 To, The Managing Directors / Chief Executive Officers, All Clearing Corporations having Commodity Derivatives Segment Sir / Madam, Sub: Review of Norms regarding Regaining Matched Book for Commodity Derivatives Segment 1. SEBI vide Circular SEBI/HO/CDMRD/DRMP/CIR/P/2016/77 dated September 01, 2016, inter alia, prescribed norms to […]
With the approval of Competent Authority following Committee is formulated to look into the existing Transfer/Placement Guidelines for IRS officers. The Department has undergone comprehensive restructuring and with including of new assessment methodologies like NeAC and ReAC it has become imperative to revisit the existing placement guidelines.
All license holders for Urad are requested by DGFT to complete their import by 30.04.2020. No request for further extension will be entertained by DGFT. Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Notice No. 54/2019-20 New Delhi, Dated 3rd March, 2020 To RA’s of DGFT Customs […]
Officers of Anti-Evasion, Central GST Delhi East Commissionerate have unravelled a major operation of Circular Trading, involving use of fake invoices to claim fraudulent refunds of Input Tax Credit. Shri Asif Khan, Shri Rajeev Chhatwal and Shri Arjun Sharma, operating a total of 17 fake firms, procured invoices without actual supply of goods and availed as well as passed on ITC fraudulently, to the tune of Rs 436 crores.
