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Narcotic Drugs and Psychotropic Substances (Amendment) Act, 2021

December 29, 2021 471 Views 0 comment Print

1) This Act may be called the Narcotic Drugs and Psychotropic Substances (Amendment)Act, 2021. (2) It shall be deemed to have come into force on the 1st day of May, 2014.

CBIC notifies changes in IGST Rate on Goods wef 01.01.2022

December 28, 2021 5142 Views 0 comment Print

CBIC notifies changes in IGST Rate on Goods wef 01.01.2022 vide Notification No. 18/2021-Integrated Tax (Rate), Dated: 28.12.2021 by amending Notification No.1/2017-Integrated Tax (Rate), dated the 28th June, 2017. MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 28th December, 2021 Notification No. 18/2021-Integrated Tax (Rate) G.S.R. 893(E).—In exercise of the powers conferred by sub-section […]

In absence of proper details & substantiating documentary evidences advance ruling cannot be given

December 28, 2021 1074 Views 0 comment Print

In re Chep India Private Limited (GST AAR Tamilnadu) It is observed that the business model proposed is in the stage of contemplation and has not attained finality with respect to merger, disposition of the assets and the following supply, in as much as the applicant could not provide any finalized document such as MOU […]

AAR application filed after completion of service rejected

December 28, 2021 693 Views 0 comment Print

The application is filed after the service is over. The work is over. Hence application is not maintainable as per Sec 95(a), so same cannot be admitted.

IEPF Authority (Accounting, Audit, Transfer and Refund), Third Amendment, Rules, 2021

December 28, 2021 3909 Views 0 comment Print

Govt notifies Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund), Third Amendment, Rules, 2021 to amend Rule 6 of Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 which relates to Manner of transfer of shares under sub-section (6) Of section 124 of Companies Act, 2013 to the […]

CBIC Notifies Rate of Exchange of Turkish Lira wef 29.12.2021

December 28, 2021 540 Views 0 comment Print

CBIC notifies Rate of Exchange of Turkish Lira against Indian Rupees with effect from 29th December, 2021 vide Notification No. 105/2021-Customs (N.T.) | Dated: 28th December, 2021. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) ***** Notification No.105/2021 – Customs (N.T.) New Delhi, dated the 28th December, 2021 […]

Boiler Operation (Amendment) Rules, 2021

December 28, 2021 1341 Views 0 comment Print

(1) These Rules may be called the Boiler Operation (Amendment) Rules, 2021. (2) They shall come into force on the date of their publication in the Official Gazette.

ITAT deletes disallowance for belated payment of employees’ contribution to PF & ESI

December 27, 2021 1899 Views 0 comment Print

Worldwide Facility Management Services Pvt. Ltd. Vs DCIT (ITAT Delhi)  Since in the instant case the assessee admittedly has deposited the employees’ contribution to PF & ESI before the due date of filing of the income tax return, therefore, respectfully following the decisions cited (supra), I hold that the Ld. CIT(A) is not justified in […]

5% GST Payable on Soya husk: AAR Madhya Pradesh

December 27, 2021 13488 Views 0 comment Print

In re Adani Wilmar Limited (GST AAR Madhya Pradesh) Soya husk resulting from the extraction of Soyabean oil, being principal input/ ingredient for manufacture or processing of Cattle feed and Poultry feed which may become value added product in the market. Soya husk being principal input/ ingredient to Poultry feed and Cattle feed industry, which […]

Employees contribution of ESI/PF paid prior to filing of return of income u/s 139(1) allowable

December 26, 2021 2661 Views 0 comment Print

Citi Centre Developers Vs CPC (ITAT Chandigarh) Since the facts of the present cases are identical to the facts involved in Raja Ram Vs. ITO, Yamunanagar (ITAT, Chandigarh) therefore respectfully following the earlier orders as referred to herein above of the different Benches of the ITAT, the impugned additions made by the Assessing Officer and […]

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