In Income tax notification number 112/2021 dated the 16th September, 2021, published vide number S.O. 3801(E) dated the 16th September, 2021 in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-section (ii), at page 3, in line 9 and 10, for 276522 Ontario Limited read 2726522 Ontario Limited.
K. Ramesh Reddy Vs ACIT (ITAT Bangalore) In this case on 30.11.2006, when the assessment was made, the HUF was not in existence. In such a case, the procedure prescribed under Section 171 will have no application as the assessee was not hitherto assessed as HUF and so, the fiction created under that section to […]
Notification No. 34/2021-Customs (N.T./CAA/DRI) [S.O. 3917 (E).], Dated: 20.09.2021 | Appointment of Common Adjudicating Authority MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) (Directorate of Revenue Intelligence ) New Delhi, the 20th September, 2021 Notification No. 34/2021-Customs (N.T./CAA/DRI) S.O. 3917 (E).— In pursuance of notification No. 60/2015-Customs (N.T.), published vide […]
In view of the continuing situation of Covid 19 pandemic, it is decided by the Authority to further extend the exemptions granted vide the above referred Circulars up to 31/03/2022.
CBIC notifies Rate of Exchange of Foreign Currencies against Indian Rupees with effect from 17th September, 2021, vide Notification No. 74/2021 – Customs (N.T.) | Dated: 16th September, 2021 GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS ***** Notification No. 74/2021 – Customs (N.T.) New Delhi, dated […]
Anand Automotive challenges service tax demand. Delhi CESTAT order analysis. Legal insights by Anand Bhattacharya. Ruling on BSS category.
As per Section 21(1) of PFRDA Act 2013, PFRDA had appointed multiple Central Record Keeping Agencies (CRAs) in the public interest and in order to provide the choice to its stake holders for catering to their specific requirements. CRAs which are appointed by PFRDA are mentioned below in the alphabetical order,
Himalaya Vintrade Pvt. Ltd. Vs Md. Zahid & Anr. (Supreme Court of India) In our considered view, the Trail Court has committed a manifest error in appreciating the pleadings on record from the plaint filed at the instance of respondent no.1-plaintiff who as a caretaker/servant can never acquire interest in the property irrespective of his […]
Seeks to levy anti-dumping duty on imports of ‘Aluminium foil’ originating in or exported from China PR, Malaysia, Thailand, Indonesia for a period of five years. MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 16th September, 2021 Notification No. 51/2021-Customs (ADD) G.S.R. 637(E).—Whereas in the matter of ‘Aluminium Foil’ (hereinafter referred to as the […]
1.1 These Directions shall be called the Master Direction – Reserve Bank of India (Market-makers in OTC Derivatives) Directions, 2021. 1.2 These Directions shall come into force on January 03, 2022.
