CA Social Affiliation (CASA) has requested FM to extend the due dates of furnishing of Tax Audit Report U/s 44AB and Transfer Pricing Audit Report U/s 92E to 28th February, 2021 and Income Tax Return due date to 31st March, 2021 for all type of assessee for Assessment Year 2020-21. Full Text of the Representation […]
Udaipur Tax Bar Association has requested to Union Finance Minister for Further Extension of due dates for filing of both Income Tax Returns & Tax Audit Reports for F.Y. 2019-20 (A.Y. 2020-21). Full text of the Representation is as follows: – Hon’able Smt. Nirmala Sitaraman Ji, Union Finance Minister, Ministry of Finance,Govt. of India, North […]
Pradeep Kumar Sonthalia Vs Dhiraj Prasad Sahu & Dhiraj Sahu Anr. (Supreme Court) In the present case, it would be significant to add that it is not necessary to make a declaration incompatible in the use of the word ‘date’ with the general rule of law since the word ‘date’ is quite capable of meaning […]
Seeks to confirm the provisional Bilateral Safeguard measure on imports of Phthalic Anhydride originating in Korea RP under the India-Korea Comprehensive Economic Partnership Agreement, and to further amend notification no. 152/2009 dated 31.12.2009 to modify the rate of duty of customs on said imports, on recommendation of final findings of Directorate General of Trade Remedies […]
In re Vallalar Borewells (GST AAR Tamilnadu) Q1. Whether the following supply of services provided by the applicant are in relation to agricultural operations directly in connection with raising of agricultural produce i.Drilling of Borewells for supply of water for agricultural operations like cultivation including seeding, planting and ploughing. ii. Letting out of compressors for […]
Public Notice No. 33 /2015-2020 – The quantity of raw sugar 8424 MTRV (Eight Thousand Four Hundred and Twenty Four Metric Ton Raw Value) to be exported to USA under TRQ upto 30.09.2021 is notified. Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhawan Public Notice […]
IBBI Discussion Paper on Engagement of ‘professionals’ in a Corporate Insolvency Resolution Process (CIRP) discusses the issue of engagement of ‘professionals’ by an insolvency professional (IP) in a corporate insolvency resolution process (CIRP) and solicits comments on the same.
Despite the Guidelines and SOPs issued, for lack of implementation the Pandemic has spread like wild fire. A strict and stern action should be taken against those who are violating the Guidelines and SOPs, whoever he may be and whatever position the violator is occupying.
Bangalore Turf Club Ltd. Vs ACIT (ITAT Banglore) Assessing Officer argued that the Finance Act, 2001 has inserted the words ‘card game or other game of any sort’ in Section 194B of the Act which will even cover the “stake money” which is otherwise not covered by Section 194BB of the Act. We find that […]
BCAS has made an excellent Representation to CPC on Difficulties faced by the taxpayers alongwith their suggestions to remove the difficulties. Difficulties which BCAS bring to the attention of CPC are as follows:- Providing correct TDS credit, Satisfactory solution to be provided for grievances raised in Income-tax Portal, Demand rectified by AO not deleted by […]
