Supreme Court mandates strict procedures for bank lockers. Ensure compliance, notify changes, maintain records. Judgment details in Amitabha Dasgupta case.
CIT Vs Y.V. Subramaniam (Madras High Court) The Tribunal, while allowing the assessee’s appeal, observed that the assessment order was passed after making full verification and the order of the CIT is based on no reason and he has simply given an abrupt finding that the assessment order is erroneous insofar as it is prejudicial […]
All persons moving for whatsoever purpose and under whatever reason or authority in public places like street, office, shops, markets clinics and hospital premises must compulsorily wear face mask.
Kans Wedding Centre Vs Commissioner Of Commercial Taxes (Kerala High Court) in the event the registered persons fail to file returns for a continuous period of six months, the proper officer can cancel the registration, but that has to be done by granting opportunity of hearing to the registered person. Rule 22 of the GST […]
Business Valuation is an act or process of determining the value of a business enterprise or ownership interest therein which involves many assumptions and hence cannot be expected to provide a precise estimate of value. Valuation of business is a complex assignment which requires informed judgement and decision making.
Dilip Babulal Jain Vs State of Gujarat (Gujarat High Court) 1. The present application is filed under Section 439 of the Code of Criminal Procedure, 1973, for regular bail in connection with Case No.CBIC-DIN-20200665VB00002SBJ10 registered under Sections 132(1)(a)(b)(c)(d) of the CGST Act. 2. Learned Advocate appearing on behalf of the applicant submits that considering the […]
We would not have asked the officers to join the video conference but for the serious allegations which have been levelled in the respective writ applications. We do not intend to discourage or lower down the morale of all the officers before us. Our endeavour is only to bring it to their notice that they should act and perform their duties within the four corners of law.
Loyalty Solutions And Research Private Limited Vs Union Of India And Others (Punjab & Haryana High Court) The Designated Committee constituted under Amnesty Scheme vide impugned order dated 24.02.2020 (P-19) rejected declaration filed with respect to appeal pending before Tribunal on the ground that petitioner has filed single declaration with respect to four show cause […]
CBIC notifies Rate of Exchange of Foreign Currencies against India Rupees wef 19th February, 2021, vide Notification No. 18/2021-Customs (N.T.), Dated: 18th February, 2021. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) ***** Notification No. 18/2021 – Customs (N.T.) New Delhi, dated the 18th February, 2021 In […]
Request for informal guidance by way of an ‘Interpretative Letter’ under the SEBI (Informal Guidance) Scheme, 2003 in connection with the provisions of Regulation 10(1)(d)(iii) of SEBI (SAST) Regulations, 2011 sought by Kalindi Farms Limited
