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No change in BCD rate for Open Cells used in manufacture of TV panels

July 20, 2022 2142 Views 0 comment Print

The entry S. No. 515A of notification No. 50/2017-Customs referred to the heading 8529 and provided a concessional BCD rate for Open Cells used in the manufacture of TV panels

KUA shall allow SEBI registered intermediaries to undertake Aadhaar Authentication

July 20, 2022 1281 Views 0 comment Print

KUAs shall facilitate onboarding of 155 reporting entities as sub-KUAs to provide services of Aadhaar authentication with respect to KYC.

AAR refrained from answering the question raised as matter is sub-judice

July 18, 2022 2331 Views 1 comment Print

Rameshwar Havelia (GST AAR Uttarakhand) – We refrain ourselves from answering the question raised by applicant as the matter is sub-judice.

Late Filing of Appeal – Scarcity of Advisors not valid reason for SBI

July 18, 2022 936 Views 0 comment Print

State Bank of India Vs ACIT (ITAT Pune) We find that the assessee had deducted TDS as per rates prescribed by the Act and the same was deposited in Central Government account, but with a delay in filing the TDS statement as required under law. For such failure the respondent-revenue levied late fee u/s. 234E […]

Procedure for submission of requests for seeking IMC’s approval for export of Wheat Flour

July 18, 2022 1605 Views 0 comment Print

or getting required NOC from IMC for export of Wheat Flour(Atta), all such exporters will be required to submit their request in ANF 2N application format to be filled only through the online module of DGFT

Income Tax Department conducts searches in Delhi and Mumbai

July 16, 2022 498 Views 0 comment Print

Income Tax Department carried out a search and seizure operation on 07.07.2022 on a Delhi and Mumbai based group, engaged in the business of hospitality, marble, lights trading and real estate. A total of 18 premises across Delhi, Mumbai and Daman were covered during the search action. During the course of the search operation, a […]

SEBI files FIR for Cyber Security Incident

July 16, 2022 378 Views 0 comment Print

Recently a cyber security incident has been noticed on the E-mail system of SEBI which was undergoing a system upgrade and accordingly an FIR as per the relevant provisions of law has been filed.

No GST exemption on renting of immovable property to Govt School

July 15, 2022 25329 Views 0 comment Print

In re Bollu Siva Gopala Krishna (GST AAR Telangana) The applicant is renting immovable property and is desirous of ascertaining whether the said service is taxable if rendered to educational institutions registered under Section 12AA of the Income Tax Act, 1961 or to a Government School. Notification No. 12/2017 at Serial No. 13 exempts services […]

Extension of time for filing information under Regulation 46 & 62 of LODR Regulations

July 15, 2022 2469 Views 0 comment Print

Extension of time for filing of information required under Regulation 46 and 62 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 in NEAPS (NSE Electronic Application Processing System).

Bombay HC admit PIL on 3% contributions to be made by registered public trusts

July 14, 2022 2346 Views 0 comment Print

Devendra Prakash Shah Vs State of Maharashtra (Bombay High Court) 1. We have heard Mr. P. B. Shah, learned advocate appearing in support of this writ petition. 2. Having read the averments made in the writ petition and the relief claimed therein, we are of the considered prima facie view that because of the lapse […]

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