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HC cannot interfere with finding of facts if it involves re-appreciation of evidence

March 12, 2022 1329 Views 0 comment Print

CIT (Exemptions) Vs Shugan Chandra Kothari Trust (Delhi High Court) It is settled law that an appeal under Section 260A of the Act is to be entertained only when it directly and substantially affects the rights of the parties or is not free from difficulty or call for discussion of alternative views or the factual […]

CBIC Notifies Rate of Exchange of Turkish Lira wef 12.03.2022

March 11, 2022 1140 Views 0 comment Print

CBIC notifies Rate of Exchange of Turkish Lira against Indian Rupees with effect from 4th January, 2022 vide Notification No. 16/2022 – Customs (N.T.) | Dated: 11th March, 2022. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS New Delhi ***** Notification No. 16/2022 – Customs (N.T.) | Dated […]

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

March 11, 2022 4296 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 2190 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 816 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 780 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 474 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 675 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 651 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 1143 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 […]

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