Follow Us:

SEBI Discussion Paper on Framework for Regulatory Sandbox

May 28, 2019 1704 Views 0 comment Print

Participants in the capital market in India have been early adopters of technology. SEBI believes that encouraging adoption and usage of financial technology (‘FinTech’) would have a profound impact on the development of securities market. FinTech can act as an instrument to further develop and maintain an efficient, fair and transparent securities market ecosystem.

18% GST payable on leasing of immovable property for 99 years

May 28, 2019 28236 Views 0 comment Print

In re Greentech Mega Food Park Pvt. Ltd. (GST AAR Rajasthan) Whether the Lease Agreement between the Applicant Company i.e. the lessor and the lessee for a period of 99 years is a sale of immovable property and outside GST and is exempt from levy of GST? If the present transaction of giving land on […]

Amendment in procedure to implement Section 51A of Unlawful Activities (Prevention) Act, 1967

May 28, 2019 1521 Views 0 comment Print

In view of the reorganization of Divisions in the Ministry of Home Affairs and allocation of work relating to countering of terror financing to the Counter Terrorism and Counter Radicalization (CTCR) Division, the Government has modified the earlier order dated August 27, 2009 by the order dated March 14, 2019

Order No. 03/104 of 2019 Transfers & Postings of 36 Income Tax Officers

May 28, 2019 2346 Views 0 comment Print

ORDER No. 03/104 of 2019- The transfers and postings of the following Income Tax Officers are hereby ordered with immediate effect and until further orders.

Procedure in cases of manufacturing or other operations in bonded warehouses

May 28, 2019 2136 Views 0 comment Print

Procedure to be followed in cases of manufacturing or other operations undertaken in bonded warehouses under section 65 of the Customs Act-reg. OFFICE OF THE COMMISSIONER OF CUSTOMS, NS-I,III &V (APPRAISING MAIN (IMPORT) JAWAHAR LAL NEHRU CUSTOM HOUSE, NHAVA-SHEVA TAL-URAN, / RAIGAD —400707, MAHARASHTRA (e-mail- appraisingmain.jnchimp@gmail.com (Telephone No.022-27244779) No. S/22-Gen-133/2017-18/AM (I) Date: 28.05.2019 PUBLIC NOTICE […]

Not passing of ITC deliberately is profiteering & offence under GST law

May 28, 2019 1869 Views 0 comment Print

Sh. Sahil Mehta Vs M/s Salarpuria Real Estate Pvt. Ltd. (National Anti-Profiteering Authority) Respondent has denied the benefit of the ITC to the buyer of the flats being constructed by him in contravention of the provisions of Section 171 (1) of the CGST Act, 2017, where he had not only collected more price than the […]

Client due diligence norm under Money Laundering Act amended

May 28, 2019 1239 Views 0 comment Print

Govt. amends client due diligence norm under Money Laundering Act vide Prevention of Money-laundering (Maintenance of Records) Second Amendment Rules, 2019 MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 28th May, 2019 G.S.R. 381(E).—In exercise of the powers conferred by sub-section (1) read with clauses (i), (jjj) and (k) of sub-section (2) of section […]

All about filing of ITR-2 for A.Y. 2019-20

May 27, 2019 90042 Views 14 comments Print

Instructions for filling out FORM ITR-2 These instructions are guidelines for filling the particulars in Income-tax Return Form-2 for the Assessment Year 2019-20 relating to the Financial Year 2018-19. In case of any doubt, please refer to relevant provisions of the Income-tax Act, 1961 and the Income-tax Rules, 1962. 1. Assessment Year for which this […]

Alleged Fake GST Bill & ITC Claim: HC grant bail to accused

May 27, 2019 2043 Views 0 comment Print

Madhav Gopaldas Shah Vs State of Gujarat (Gujarat High Court) 1. This application is filed by the applicant under Section 439 of the Code of Criminal Procedure, 1973 for regular bail in connection with File No. CCST/ADENF/FSU-7/MadhavArrest/2018-19/B.4 & AC/U-6/Arrest/2018-19/B.5811 of the office of the Chief Commissioner of State Tax, Flying Squad Unit-7, Gujarat State Ahmedabad […]

Valuation without indicating how market survey was conducted, is wrong

May 27, 2019 3048 Views 0 comment Print

Tushar Trading Company Vs Principal Commissioner of Customs (CESTAT Delhi) Assessing officer has enhanced the declared value on the ground that those are not inconsonance with the current market price of similar goods being sold in the Indian market. However, the adjudication order does not indicate as to how and where the market survey has […]

Search Post by Date
April 2026
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
27282930