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List of documents for claim of drawback by exporter/CHA

August 17, 2022 7281 Views 0 comment Print

procedure of processing drawback claims under section 74 of the Customs Act, 1962, including drawback claims for export of goods imported and cleared under RMS.

CBDT notifies CPPIB India Private Holdings Inc. as pension fund – section 10(23FE)

August 17, 2022 939 Views 0 comment Print

CBDT notifies CPPIB India Private Holdings Inc. as pension fund under sub-clause (iv) of clause (c) of the Explanation 1 to clause (23FE) of section 10 of the Income-tax Act, 1961 vide Notification No. 97/2022-Income Tax | Dated: 17th August, 2022. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) New Delhi Notification No. […]

Analysis of Companies (Accounts) Fourth Amendment Rules, 2022

August 16, 2022 8091 Views 1 comment Print

Corporate Laws & Corporate Governance Committee The Institute of Chartered Accountants of India 16th August, 2022 ANNOUNCEMENT Sub: Amendment in the Companies (Accounts) Rules, 2014 relating to availability of books of account and other relevant books and papers maintained in electronic mode at all times and also details of person in control, if service provider […]

Central Universities (Amendment) Act, 2022

August 16, 2022 1116 Views 0 comment Print

Establishment of Gati Shakti Vishwavidyalaya in Gujarat. (1) The National Rail and Transportation Institute, Vadodara, Gujarat, declared as a deemed to be University under section 3 of the University Grants Commission Act, 1956, shall be established as a body corporate under this Act by the name Gati Shakti Vishwavidyalaya.

Comments invited for declaring two or more prime constituents of commodity on front side of package with Brand Name/ Logo

August 16, 2022 861 Views 0 comment Print

The common or generic names of the commodity contained in the package and in case of packages with more than one product, the name and number or quantity of each product shall be mentioned on the package

Enhancement of Demand beyond Scope of Show Cause Notice Not Sustainable

August 16, 2022 2283 Views 0 comment Print

If authority intend to add interest and penalty on amount fixed in SCN, separate notices ought to have been issued to for the said demand

Addition for Unexplained Cash credit merely based on doubts not sustainable

August 16, 2022 1503 Views 0 comment Print

Claim of assessee cannot be rejected on mere doubt without bringing any material on record to suggest that this is only accommodation entry.

Pareena Infrastructure guilty of Profiteering in its project ‘Laxmi Apartment’: NAA

August 16, 2022 1227 Views 0 comment Print

NAA held that Pareena Infrastructure not passed ITC benefit by way of commensurate reduction in price of flat for project Laxmi Apartment

GST assessment based on Facebook & social media postings- HC dismisses writ

August 14, 2022 2235 Views 0 comment Print

Petitioner explained that they have not conducted any events in respect of documents available on Facebook and that documents were uploaded only for advertisement

Income cannot be taxed merely based on TDS credit in Form 26AS

August 14, 2022 3792 Views 0 comment Print

ITAT not agreed with Conclusion that whatever income was shown in Form 26AS under assess’s PAN is his income

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