Follow Us:

Consultation Paper on Holding of Sponsor in REITs and InvITs

February 25, 2023 4170 Views 0 comment Print

Consultation Paper on Holding of Sponsor in Real Estate Investment Trust (REITs) and Infrastructure Investment Trust (InvITs) seeks to solicit public comments on the proposal to review norms with respect to Sponsor(s) of Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) in order to ensure alignment of interest between the Sponsors and unit holders.

MCA imposes penalty on company & directors for delay in filing Form No. CAA-8

February 24, 2023 5202 Views 0 comment Print

During the examination of form GNL-2 vide SRN F53685046 dated 19.12.2022, it is observed from attachment of afore mentioned form that statement in Form No. CAA.8 filed with this office along with order passed by Hon’ble NCLT, Cuttack dated 20.08.2020, that, CAA-8 should be filed within two hundred and ten days from the end of […]

Relaxation from additional fee to cover excess imports affected under EPCG Scheme

February 24, 2023 2043 Views 0 comment Print

One time relaxation is granted in submission of additional fee to cover excess duty utilised in EPCG authorisations issued under Foreign Trade Policy (2009-14) (extended upto 31.03.2015). MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) Public Notice No. 58/2015-2020-DGFT | Dated: 24th February, 2023 Subject:- One time relaxation for furnishing […]

GST on supply of ice cream from outlets of HRPL

February 22, 2023 17631 Views 0 comment Print

In re HRPL Restaurants P Ltd. (GST AAR Gujarat) Q1. Whether supply of ice cream from any of the outlets of HRPL be considered as supply of ‘restaurant services’ or not? The supply of ice cream from the outlets of the applicant cannot be considered as supply of ‘restaurant services’. The readily available ice creams […]

JNCH Special Drive for finalization of pending Provisional Assessment

February 20, 2023 1428 Views 0 comment Print

JNCH is launching a Special Drive for finalization of pending provisional assessments which are pending due to various reasons, including Test Reports, SVB Investigations or any other reason.

In absence of cogent explanation ITAT treats consultancy charges as FTS & upheld addition

February 18, 2023 825 Views 0 comment Print

Assessee was unable to furnish any cogent explanation supported by evidence to establish that the consultancy charges paid are not in the nature of FTS.

HC stays Coercive Steps by Income Tax Dept against Education Minister in Illegal payment Case

February 18, 2023 813 Views 0 comment Print

K Ponmudi Vs ACIT (Madras High Court) The petitioner has challenged the impugned assessment order on the following grounds: a) Despite several requests made by the petitioner to the respondents, requesting them to furnish the evidence based on which they have found that M/s. SRS Mining is alleged to have paid Rs.20,00,000/- as illegal payments […]

HC directs GST department to consider representation of Taxpayer

February 18, 2023 951 Views 0 comment Print

From the record it is apparent that this Court by order dated 08.05.2019 passed in W.P. No. 26509/2018 had directed the complaint/representation of the petitioner to be considered within two weeks. The same was made by the petitioner on 20.05.2019 and as per the petitioner, the same has not been decided till now and the impugned notice has been issued.

Rajasthan HC stays Time barred Re-assessment Proceedings

February 17, 2023 2259 Views 0 comment Print

Rajendra Bana Vs ITO (Rajasthan High Court) Shri Vedant Agarwal, learned counsel representing the petitioner drew the Court’s attention to the order dated 11.10.2022 passed by Division Bench of this Court at Jaipur in D.B. Civil Writ Petition No.14794/2022 and urged that the impugned notice whereby, the re-assessment proceedings have been opened against the petitioner, […]

Segregation in Works Contract & Materials supply not maintainable if Agreement provides for lump-sum payment

February 17, 2023 1359 Views 1 comment Print

Buldelkhand Engineers Vs Commissioner Commmercial Taxes U.P. Lucknow (Allahabad High Court) It is not in dispute that a written agreement was executed between the assessee – revisionist and Auraiya Gas Power Project. Clause 2.4 categorically provided that the cost included the material and the labour for laying pipeline, the work was to be executed by […]

Search Post by Date
May 2026
M T W T F S S
 123
45678910
11121314151617
18192021222324
25262728293031