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No requirement of approval by DSIR authority in form No. 3CL prior to 01.07.2016

September 14, 2021 8346 Views 0 comment Print

DCIT Vs Force Motors Limited (ITAT Pune) The sole grievance of the Revenue in this appeal is with regard to deletion of the disallowance made by the Assessing Officer on account of excess deduction claimed by the assessee over and above the amount approved by the DSIR by holding that before Tenth Amendment Rule, 2010, […]

Sale not become intra-State when Assembly of Parts was within state which were brought from other states

September 14, 2021 1206 Views 0 comment Print

Larsen & Toubro Ltd. Vs State of Orissa (Orissa High Court) as far as the present case is concerned, merely because the component parts were brought from different places outside Orissa and assembled in Orissa, it cannot be said that it was an intra-State sale and that a colourable device was deployed to avoid paying […]

CA Final & Foundation July 2021 Pass percentage & Topper List

September 13, 2021 94284 Views 2 comments Print

ICAI declares CA Final (New & Old Scheme) & CA Foundation Examination July 2021 Pass percentage & List of Top 3 students. This post contains Pass Percentage and Toppers of Chartered Accountants Final (New Scheme) Examination, Chartered Accountants- Final (Old Scheme) Examination and Chartered Accountants- Foundation Examination Held In July 2021. THE INSTITUTE OF CHARTERED […]

Termination of Anti-dumping investigation concerning imports of Plain Medium Density Fibreboard

September 13, 2021 546 Views 0 comment Print

Termination of sunset review anti-dumping investigation concerning imports of Plain Medium Density Fibreboard having thickness 6mm and above from Vietnam

Extension of Import Policy Provision for Tur /Pigeon Peas (Cajanus Cajan) & Urad

September 13, 2021 1191 Views 0 comment Print

Free Import policy for Tur /Pigeon Peas (Cajanus Cajan); and Urad [Beans of the SPP Vigna Mungo (L.) Hepper] is extended for the period up to 31st December 2021. Further, import consignments of these items with Bill of Lading issued on or before 31st December, 2021 shall not be allowed by Customs beyond 31st January 2022.

Clarification on last date of import in continuation of Notification No. 20/2015-20

September 13, 2021 1437 Views 0 comment Print

For imports under Notification 20/2015-20 dated 24.08.2021, the last date of shipment or date of issuance of the Bill of Lading or Lorry Receipt date is 31.10.2021. Import consignments of these items with Bill of Lading/Lorry Receipt issued on or before 31st October, 2021 shall not be allowed by Customs beyond 31st January 2022.

Short term Covid specific health insurance policies permitted till 31.03.2022

September 13, 2021 822 Views 0 comment Print

Extension of timelines for sale and renewal of short term Covid specific health insurance policies- Corona Kavach Policies and Corona Rakshak Policies are permitted to be offered and renewed by all insurers up to 31.03.2022.

Reopening to further disallow expenses under section 14A on change of opinion is invalid

September 13, 2021 2019 Views 0 comment Print

Sandesh Procon LLP Vs ACIT (Gujarat High Court) A bare perusal of the reasons and original the assessment order made under Section 143(3) of the Act, the facts emerge that, the respondent authority had determined the issue of disallowance after considering the material available and now again without any tangible material available with the Assessing […]

HC directs Advance ruling authorities to answer specific questions asked by Appellant

September 13, 2021 1077 Views 0 comment Print

Kasturba Health Society Vs Union of India (Bombay High Court) On going through the impugned orders challenged here, we find that these orders do not answer the basic question raised by the petitioner-society. The question raised by the petitioner-society was as to whether or not, the petitioner-society, on its own strength and in its own […]

TNVAT payable On Sale of Electronically Made Indian Musical Instruments

September 13, 2021 879 Views 0 comment Print

Radel Electronics Pvt. Ltd. Vs Government of Tamil Nadu (Madras High Court) State has not intended to grant exemption in respect of large scale manufacturers of electrically made Indian Musical Instruments. Such Indian Musical Instruments, which all are using the electronic technologies, then it is to be classified as electronic instruments, which would squarely fall […]

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