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CBIC Notifies Rate of Exchange of Turkish Lira wef 31.12.2021

December 30, 2021 447 Views 0 comment Print

CBIC notifies Rate of Exchange of Turkish Lira against Indian Rupees with effect from 31st December, 2021 vide Notification No. 106/2021-Customs (N.T.) | Dated: 30th December, 2021. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) ***** Notification No. 106 /2021 – Customs (N.T.) New Delhi, dated the 30th […]

IRDAI releases 2021-22 List of Domestic Systemically Important Insurers

December 30, 2021 3369 Views 0 comment Print

Domestic Systemically Important Insurers (D-SIIs) refer to insurers of such size, market importance and domestic and global inter connectedness, whose distress or failure would cause a significant dislocation in the domestic financial system. Therefore, the continued functioning of D-SIIs is critical for the uninterrupted availability of insurance services to the national economy.

Illegal transfer of PAN – Prima–facie evidence exist against CCIT: HC

December 29, 2021 1476 Views 0 comment Print

Jharkhand HC rejects discharge plea in Anup Kumar Lakhotia case. Charges framed under IPC and Prevention of Corruption Act. Legal analysis and key details.

Relaxation on levy of additional fees in filing of Annual ROC forms

December 29, 2021 16131 Views 0 comment Print

Relaxation on levy of additional fees in filing of e-forms AOC-4, AOC-4 (CFS), AOC-4 XBRL, AOC-4 Non-XBRL and MGT-7/MGT-7A for financial year ended on 31.03.2021

Govt notifies CORRIGENDA to Finance Act, 2021- 9 Mistakes corrected

December 29, 2021 1032 Views 0 comment Print

Govt notifies CORRIGENDA to Finance Act, 2021 vide Notification No. 13 of 2021 Dated 29th December, 2021 and issued and rectified mistakes at 9 Places.  MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, the 29th December, 2021/ Pausa 8, 1943 (Saka) CORRIGENDA THE FINANCE ACT, 2021 NO. 13 OF 2021 In the FINANCE ACT, […]

CBDT notifies New Rule 16DD & Form No. 56FF

December 29, 2021 15468 Views 0 comment Print

CBDT notifies vide Notification No. 140/2021 – Income Tax | Dated: 29th December, 2021 Rule 16DD. Form of particulars to be furnished along with return of income for claiming deduction under clause (b) of sub-section (1B) of section 10A and New Form No. 56FF – Particulars to be furnished under clause (b) of sub-section (1B) of section […]

CBDT Set-up Appeal Units under Faceless Appeal Scheme, 2021

December 29, 2021 1419 Views 0 comment Print

Central Board of Direct Taxes hereby sets up Appeal Units under Faceless Appeal Scheme, 2021. CBDT sets up 293 Appeal Units  all over India. F.No. 187/4/2020-ITA-1 Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) ***** Room No. 245-A, North Block, New Delhi —110001. Dated 29th December, 2021 OFFICE ORDER-4 […]

Fusible Interlining Fabrics of Cotton (FIFC) is classifiable under CTH 5903

December 29, 2021 1740 Views 0 comment Print

In re Mahaveer Shantilal Bafna (Proprietor M/s. Ram Traders) (GST AAR Tamilnadu) Whether Fusible Interlining Fabrics of Cotton (FIFC) fall for classification under HSN Code 5903 or under Chapter 52 (heading depending upon weightage of cotton in the fabrics) AAR hold that the Fusible Interlining Fabrics of Cotton (FIFC) fall under CTH 5903 for the […]

CBIC amends notification no. 53/2017-Customs to align with HSN 2022

December 29, 2021 1311 Views 0 comment Print

CBIC amends notification no. 53/2017-Customs to align with HSN 2022 w.e.f. 1.1.2022 vide Notification No. 59/2021-Customs | Dated: 29th December, 2021. MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 59/2021-Customs | Dated: 29th December, 2021 G.S.R. 908(E).—In exercise of the powers conferred sub-section (5) of section 3 of Customs Tariff Act, 1975 (51 […]

CBIC amends notification no. 11/2018-Customs to align with HSN 2022

December 29, 2021 3573 Views 0 comment Print

CBIC amends notification no. 11/2018-Customs to align with HSN 2022 w.e.f. 1.1.2022 vide Notification No. 58/2021-Customs | Dated: 29th December, 2021. MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 58/2021-Customs | Dated: 29th December, 2021 G.S.R 907(E).—In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 […]

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