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Amendment to section 36(1)(via) & 43B are prospective not retrospective

March 11, 2022 4185 Views 0 comment Print

Amendment brought by Finance Act, 2021 to section 36(1)(via) and 43B is only prospective in nature and not retrospective and the same to be effective from 1-4-2021 and will apply for and from the assessment year 2021-22 onwards.

Section 65(105)(zzza): Works contract service not include Electric winding of motor

March 11, 2022 2157 Views 0 comment Print

Sahni Electric Works Vs Commissioner of Service Tax (CESTAT Delhi) Undisputedly Electric motor winding job required both winding of the motors and also using the materials required for such service. Thus, it was a composite works contract which involved both rendering service and supplying material. The Revenue also does not dispute that it is a […]

SEBI cautions investors not to rely on unsolicited investment tips

March 10, 2022 753 Views 0 comment Print

SEBI conducts search and seizure operations in multiple locations across country; SEBI cautions investors not to rely on unsolicited investment tips received through Social Media platforms

RBI excludes Mapusa Urban Co-op Bank of Goa from schedule bank list

March 10, 2022 762 Views 0 comment Print

Reserve Bank of India, hereby, directs the exclusion of Mapusa Urban Co-operative Bank of Goa Ltd. from second schedule of RBI Act.

Conduct of CS Foundation Programme Examination, June, 2022 Session

March 10, 2022 468 Views 0 comment Print

Candidates can appear in the Foundation Programme Examination, June-2022 from their home or any other isolated place convenient to them using their own laptop or desktop at scheduled time as per Examination Time Table and Instructions to Examinees. For details, please refer website of the Institute www.icsi.edu

DD India on Yupp TV – Global OTT Platform widens reach

March 10, 2022 660 Views 0 comment Print

In pursuance of its vision to expand the global reach of DD India channel, to put forth India’s perspective on various international developments on global platforms and to showcase India’s culture and values to the world, India’s public broadcaster Prasar Bharati has signed a Memorandum of Understanding with ‘Yupp TV’, an over-the-top (OTT) platform, which […]

Ministry of Education clarifies regarding fake websites

March 10, 2022 624 Views 0 comment Print

Clarification regarding fake websites It has come to the notice of the Ministry of Education that in order to dupe innocent applicants several websites have been created with the name similar to the schemes (like www.sarvashiksha.online, https://samagra.shikshaabhiyan.co.in, https://shikshaabhiyan.org.in)  of this Department. These websites are offering employment opportunities to the aspiring candidates and misguiding the job aspirants through […]

CBI Arrests A CGST Superintendent & Inspector In Bribery Case

March 10, 2022 1134 Views 0 comment Print

CBI REGISTERS A CASE AGAINST POSTAL OFFICIAL ON THE ALLEGATIONS OF MISAPPROPRIATION OF RS.1.62 CRORE (APPROX) AND CONDUCTS SEARCHES The Central Bureau of Investigation has registered a case against then Sub Postmaster, Chintapalli Post Office, Nalgonda Division, Nalgonda, Telengana on the allegations that the accused received the reports in respect of Social Security Pension Accounts […]

For any service to qualify as warehousing services it is not imperative that negotiable warehousing receipts must have been issued for them

March 10, 2022 2856 Views 0 comment Print

In re Haryana State Warehousing Corporation (GST AAAR Haryana) The contention of the Appellant that all the services provided by the warehouse owner qualify as warehousing services is not tenable as the Appellant has tried to expand the scope of warehouse services as mentioned in entry 54 of the of the Notification No. 47/ST-2, dated […]

Pizza Topping merits classification under chapter heading 21069099

March 10, 2022 3081 Views 0 comment Print

In re Khera Trading Company (GST AAAR Haryana) We find that the product in question i.e. ‘Pizza Topping’ is a product made out of mozzarella cheese, vegetable oil and milk solids as main ingredients with premixes of emulsifiers and stabilizers. The mozzarella cheese is blended with other ingredients and heated upto a required degree. After […]

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