Bochasanwasi Shri Aksharpurushottam Swaminarayan Sansths Vs C.C. (CESTAT Ahmedabad) As regard the second issue i.e. rate of interest, the rate of interest is statutorily prescribed under section 27(A) read with Notification issued there under according to which 6% as rate of interest was prescribed. The departmental officer is bound to follow the statutory provision strictly […]
This article answer FAQs on Annual Information Statement (AIS), Taxpayer Information Summary (TIS), Accessing AIS on Portal, Viewing Annual Information Statement (AIS) through Portal, Downloading AIS related files through Portal, Submitting feedback through Portal, Modify Feedback through Portal, Viewing AIS through AIS Utility, Submitting Feedback through AIS Utility, Saving draft feedback file on AIS Utility, […]
Delhi High Court ruling on advocates as power of attorney holders. Amarjeet Singh Sahni’s dual role clarified. Settlement reached in property dispute. Details of MoU considered.
1. NCR State Governments shall allow Work from Home (WFH) for at least 50% of their staff in offices in NCR, till 21 November, 2021 subject to further review. 2. NCR State Governments shall encourage at least 50% of staff working in private establishments in NCR are also allowed to work from home till 21 November, 2021 subject to further review.
Proper Officer may issue Form GST DRC -07A and Form GST DRC-08A to add VAT/CST arrears in GST system and subsequently recover the arrears as GST arrears.
CGST Officials unearth input tax credit fraud of around Rs 34 crore involving 7 firms Based upon specific intelligence, the officers of the Anti Evasion branch of Central Goods and Service Tax (CGST) Commissionerate, Delhi (East) have unearthed a case of availment/utilization and passing on of inadmissible input tax credit (ITC) through bogus GST invoices […]
Reserve Bank of India RBI/2021-22/132 DoS.CO.PPG./SEC.06/11.01.005/2021-22 November 16, 2021 All Scheduled Commercial Banks (including all Small Finance Banks & all Payments Banks), Local Area Banks & All Primary Urban Cooperative Banks Madam/Dear Sir, Regulations Review Authority (RRA 2.0) – Interim Recommendations – Withdrawal of Redundant Circulars Please refer to the Press Release dated November 16, […]
As part of the implementation of the interim recommendations of the RRA 2.0, the A.P. (DIR Series) Circular No.6 dated July 16, 2015 on Foreign Investment in India by Foreign Portfolio Investors is withdrawn with immediate effect by RBI. Reserve Bank of India RBI/2021-22/130 A.P. (DIR Series) Circular No.18 November 16, 2021 To All Authorised […]
RBI decided to withdraw the following circulars with immediate effect. a) Introduction of Credit Default Swaps for Corporate Bonds: Date for Operationalisation Changed (PCD. No.12/14.03.04/2011-12) dated October 20, 2011.
Regulations Review Authority (RRA) 2.0 – Interim Recommendations – Withdrawal of Redundant Circulars | Please refer to the Press Release dated November 16, 2021 issued on the captioned subject. 2. The circulars listed in the Annex are withdrawn with effect from close of business today.
