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Electric Vehicle kits imported in disassembled state falls under CTH 8703

August 6, 2022 4485 Views 0 comment Print

CAAR held that Electric Vehicle kits ,imported by Volvo in disassembled state & presented together as a kit classifiable under heading 8703

ITAT Refuses To Condone Delay of 2985 Days in Appeal filing

August 5, 2022 963 Views 0 comment Print

Bharatkumar Somabhai Patel Vs ITO (ITAT Ahmedabad) The assessee is in appeal before us filing the above appeal with a delay of 2985 days. Even before this Tribunal, 10 opportunities given to the assessee. The assessee is not responded to the hearing notices. The present Affidavit filed by the assessee is without material on record […]

Ramprastha Promoter & Developer Guilty of Profiteering in its project ‘Rise’

August 5, 2022 714 Views 0 comment Print

Applicant alleged profiteering by Ramprastha Promoter & Developer Pvt. Ltd in its project ‘Rise’, Ramprastha City, Sector-37D, Gurugram.

Companies (Accounts) Fourth Amendment Rules, 2022

August 5, 2022 24429 Views 0 comment Print

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 5th August, 2022 G.S.R. 624(E).—In exercise of the powers conferred under sub-sections (1) and (3) of section 128, sub-section (3) of section 129, section 133, section 134, sub-section (4) of section 135, sub-section (1) of section 136, section 137 and section 138 read with section 469 of […]

Office Order No.166 of 2022 [ Promotion to the grade of CIT]

August 5, 2022 5541 Views 0 comment Print

Office Order No. 166 of 2022 122 officers are, hereby, promoted to the grade of Commissioner of Income Tax (CIT) for the panel year 2022

Genuineness of Will cannot be doubted without proper enquiry

August 5, 2022 1011 Views 0 comment Print

Gaus Mohammad Vs ITO (ITAT Allahabad) Assessing Officer as well as the CIT(A) doubted the genuineness of the Will in question without conducting any enquiry or examination of the genuineness. The assessee has produced the affidavit of one of the attesting witness of the Will to prove the Will executed by his father. Therefore, it […]

Extension of validity of Status Certificates issued in FY 2015-16 & 2016-17

August 5, 2022 1335 Views 0 comment Print

Validity of Status Holder Certificates issued in the FY 2015-16 and 2016-17 under provisions of FTP 2015-20 has been extended upto 30.09.2022

SEBI constitutes FPI Advisory Committee for facilitation of investments

August 5, 2022 618 Views 0 comment Print

SEBI constituted a Standing Committee to facilitate FPI investments & to advise SEBI on policy matters relating to Foreign Portfolio Investors

Reserve Bank – Integrated Ombudsman Scheme, 2021 (RBIOS, 2021)

August 5, 2022 699 Views 0 comment Print

‘Credit Information Company’ as defined in the Credit Information Companies (Regulation) Act, 2005, shall also be treated as a ‘Regulated Entity’ for the purpose of the Scheme.

RTI: Right to ‘Inspection of Work’ of any Public Authority not Include Inspection of Property

August 5, 2022 2409 Views 0 comment Print

Veena Joshi Vs CPIO (Delhi High Court) The Delhi High Court has held that the words “inspection of work” under Section 2(j) of the Right To Information (RTI) Act, 2005 does not include “inspection of property” under its ambit. Section 2(j) stipulates that right to information means the right to information accessible under the Act […]

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