CBIC extend the levy of ADD on jute products originating in or exported from Nepal and Bangladesh up to and inclusive of the 30th June, 2022 vide Notification No. 10/2022-Customs (ADD). MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 24th February, 2022 Notification No. 10/2022-Customs (ADD) G.S.R. 157(E).—Whereas, the designated authority vide initiation notification […]
(i) an examination shall be conducted by the Central Boilers Board Examination Standing Committee or an agency or Regional Examination Standing Committees authorized by it, as per the following examination methods, namely:- (a) written Examination consisting of design, manufacture, operation and maintenance of the boiler, Non Destructive Testing Techniques, inspection and certification of boilers during manufacture and use as per Indian Boiler Regulations( 70% weightage);
The provisions of Section 103 states that the ruling pronounced is binding only on the applicant. It is amply clears that if a recipient of supply obtains a ruling on the taxability of his inward supply of goods or services or both, the supplier of such goods or services or both is not bound by that ruling and he is free to assess the supply according to his own determination/understanding of law and hence ruling loses its relevance and applicability.
Glaxosmithkline Pharmaceuticals Ltd. Vs ACIT/DCIT (Bombay High Court) Admittedly, this is a case where the notice under Section 148 of the Act has been issued after the expiry of 4 years from the end of the relevant assessment year and assessment under Section 143(3) of the Act has also been completed. Hence, proviso to Section […]
1. These regulations may be called the Securities and Exchange Board of India (Stock Brokers) (Amendment) Regulations, 2022. 2. They shall come into force on the date of their publication in the Official Gazette.
The PM CARES for children scheme inter alia provides support to these children through convergent approach, gap funding for ensuring education, health, monthly stipend from the age of 18 years, and lump sum amount of Rs. 10 lakh on attaining 23 years of age.
Finance Minister Nirmala Sitharaman chairs post-Budget meeting with heads of Banks, NBFCs and Financial Institutions. Finance Minister exhorts all banks to sign up to Account Aggregator Framework, says it will improve credit flow and promote digital lending. Meeting emphasizes that Benefits of digital banking should reach every nook and corner of the country in a […]
New Nalbandh Traders Vs State of Gujarat (Gujarat High Court) Rule 86A has two pre-requisites to be fulfilled before the power of disallowing of debit of suitable amount to the Electronic Credit Ledger or blocking of ECL to the extent of the amount fraudulently or wrongly availed of is exercised. The first pre-requisite is of […]
Nehal Ashwinkumar Shah Vs State of Gujarat (Gujarat High Court) Gujarat High Court held that unlike Section 179 of the Income Tax Act, 1961, there is no provision in the Sales Tax Act fastening the liability of the company to pay its sales tax dues on its Director. It further held that The attachment on […]
Mukund Dattatray Kurne Vs State of Gujarat (Civil & Session Court Ahmedabad) The ld advocate argued that applicant is a Chartered Accountant and he had appointed as C.A and he had audited account for the year 2014-15 and 2015-2016. He has argued that this applicant is not a director and contended that the role of […]
