Vodafone’s journey in India has been a significant case in retrospective amendment made to tax laws. The decision made by the Supreme Court in this case and subsequently the decision made by PCA in Cairn UK case following Vodafone case amounts to a huge loss to the government as the reserve of the government depends upon the collection of tax.
Notification No. 20/2021 -Customs (ADD) Seeks to impose definitive anti-dumping duty on imports of Flexible slabstock polyol originating in or exported from Saudi Arabia and United Arab Emirates for a period of five years. MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 5th April, 2021 Notification No. 20/2021 -Customs (ADD) G.S.R. 251(E).—Whereas, in the […]
“GMS Mobilisation, Collection & Testing Agent (GMCTA) – Jewellers/Refiners certified as CPTCs by BIS and meeting additional eligibility conditions set by IBA will be recognised as GMCTA by designated banks
Devender Kaur Vs ITO (ITAT Jaipur) In the instant case also, the AO has failed to conduct any enquiry and bring any material or fact to establish that the assessee has initially acquired the property in question at the time of Power of Attorney dated 3.1.2008 and subsequently sold the same vide sale deed dated 23.09.2009 […]
The following Private organizations will be allowed to remain open on all weekdays only from between 7 AM to 8 PM subject to all personnel attending office getting vaccinated at the earliest, as per criteria of GOI and till vaccinated completely to carry negative RTPCR corona result certificate valid upto 15 days.
CA. Mukesh Kumar Jain has joined as Secretary of the Institute of Chartered Accountants of India (ICAI) today on April 1, 2021. Previously, Shri Jain was heading Oriental Bank of Commerce as MD & CEO.
CBDT has issued refunds of more than Rs. 2.62 lakh crore to more than 2.38 crore taxpayers from 1st April, 2020 to 31st March, 2021, as against total refunds of Rs. 1.83 lakh crore issued during the corresponding period of the previous fiscal, marking an increase of almost 43.2%.
The Income Tax Department carried out search and seizure operations on two real estate developers engaged in the real estate activities mainly in and around Yadagirigutta, suburb of the Hyderabad City. They are into plot ventures as well as in the construction of apartments.
lectronic filing and Issuance of Preferential Certificate of Origin (CoO) for India’s Exports under India-Mauritius Comprehensive Economic Cooperation and Partnership Agreement (IMCECPA) w.e.f. 01st April 2021
Technocraft Enterprise Vs C.C. (CESTAT Ahmedabad) We find that the essential dispute is if the product imported by the appellant falls under Chapter Heading 72249099 or Chapter Heading 73049000. The appellant is seeking classification of the product as semi-finished product of other alloy steel. it is seen that only product with solid section are classifiable […]
