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No charge for web check-in in scheduled domestic airlines

August 2, 2022 522 Views 0 comment Print

Directorate General of Civil Aviation (DGCA) has issued Air Transport Circular (ATC)-01 of 2021 titled, ‘Unbundle of Services and fees by scheduled airlines’ as per which, some services like preferential seating have been allowed to be unbundled and charged separately from the travellers. Such unbundled services are provided on “opt-in” basis by Airlines and are […]

Private players can use drones for delivery purposes

August 2, 2022 408 Views 0 comment Print

Drones offer tremendous benefits to almost all sectors of the economy. These include – agriculture, vaccine delivery, surveillance, search and rescue, transportation, mapping, defence and law enforcement to name a few.

Profit & Loss account not signed by Directors: MCA Imposes ₹4 Lakh Penalty

August 2, 2022 2898 Views 0 comment Print

Learn about the penalty imposed on LOIN TECHNOLOGY PRIVATE LIMITED under Section 134(1) of the Companies Act, 2013, by the Registrar of Companies, Madhya Pradesh.

GJEPC, Mumbai enlisted under Appendix 2E of FTP, 2015-20

August 1, 2022 519 Views 0 comment Print

Gem & Jewellery Export Promotion Council (GJEPC), Mumbai is enlisted under Appendix 2E of FTP, 2015-20 for issuing Certificate of Origin (Non Preferential).

Transition period for Mandatory electronic filing of NP CoO extended till 31.03.2023

August 1, 2022 486 Views 0 comment Print

Transition period for mandatory filing of applications for Non-Preferential Certificate of Origin through the e-CoO Platform has been further extended till 31st March 2023.

Debatable Issue cannot be adjusted in Section 143(1) intimation

August 1, 2022 2940 Views 0 comment Print

Tangar Exports LLP Vs ACIT (ITAT Chennai)  The Assessing Officer has made adjustment of total income computed in the intimation received u/s.143(1) of the Act, towards deduction claimed u/s.80JJAA of the Act, in respect of employment of new employees on the ground that the assessee has not satisfied conditions prescribed therein, including filing of audit […]

Section 54 Deduction on Multiple Residential Houses allowable if Units are in Same Physical Location

August 1, 2022 2835 Views 0 comment Print

In the present case the claim of deduction under section 54 of the Act is for a residential house built up on three adjacent contiguous plots. He further observed that the principle of multiple residential houses/units holds good till these units are in same physical location and contiguous to each other.

No Entertainment Duty on Billiard Tables used exclusively by Club members

August 1, 2022 1224 Views 0 comment Print

Santacruz Gymkhana Vs State of Maharashtra (Bombay High Court) Demand of entertainment duty on billiard tables Law as laid down by the Nagpur Bench of this Court in Gondwana Club (supra) will squarely apply to these petitions as well. Paragraphs 5 and 6 of Gondwana Club (supra) read as under :- The word “entertainment” is […]

IRDAI Master Guidelines on Anti-Money Laundering/ (AML/CFT), 2022

August 1, 2022 7782 Views 0 comment Print

Insurers shall take steps to implement provisions of PML Act and the PML Rules, as amended from time to time, including operational instructions issued in pursuance of such amendment(s).

GST: Generation & quoting of document identification number (DIN)

August 1, 2022 4923 Views 0 comment Print

Generation and quoting of document identification number (DIN) on any communication issued by the officers/staff of the Commercial Taxes Department-regarding.

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