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Notifications/Circulars

Corrigendum Notification No. 84/2022-Income Tax, Dated: 19/07/2022

July 19, 2022 1065 Views 0 comment Print

CBDT issues Corrigendum Notification No. 84/2022-Income Tax, Dated: 19/07/2022 to rectify its mistakes in Notification No. 67/2022-Income Tax | Dated: 21st June, 2022. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) CORRIGENDUM New Delhi Notification No. 84/2022-Income Tax | Dated: 19th July, 2022 G.S.R. 582(E).–In the notification of the Government of India, Ministry […]

Levy of Goods & Services Tax (GST) on the fees payable to SEBI

July 18, 2022 2193 Views 0 comment Print

GST Council in its meeting held on June 28 and June 29, 2022, recommended inter alia to withdraw the exemption granted to services by SEBI and the same has been notified vide Notification No.4/2022 dated 13th July, 2022.

Portfolio manager not accountable for securities held by clients outside PMS

July 18, 2022 1461 Views 0 comment Print

A portfolio manager may not be held accountable for securities held by its clients outside the PMS arrangement.

Procedure for submission of requests for seeking IMC’s approval for export of Wheat Flour

July 18, 2022 1566 Views 0 comment Print

or getting required NOC from IMC for export of Wheat Flour(Atta), all such exporters will be required to submit their request in ANF 2N application format to be filled only through the online module of DGFT

Import Procedure for Urad, Pigeon Peas & Tur under MoUs with Myanmar, Malawi & Mozambique

July 18, 2022 837 Views 0 comment Print

Online Procedures / modalities for each fiscal years 2022-26 for import under MoUs between India, Myanmar, Malawi & Mozambique

DRI detects Customs duty evasion in excess of Rs. 4,300 Crore

July 18, 2022 864 Views 0 comment Print

DRI concluded an investigation into a case involving Customs duty evasion in excess of Rs. 4,300 Crore by an importer involved in the manufacturing, assembling, wholesale trading and distribution of mobile handsets and accessories on account of undervaluation.

FAQs on GST applicability on ‘pre-packaged and labelled’ goods

July 17, 2022 9774 Views 0 comment Print

What change has been made with respect to packaged and labelled commodity with effect from the 18th July, 2022 and What is the scope of ‘pre- packaged and labelled’ for the purpose of GST levy on food items like pulses, cereals, and flours?

DGIT notifies Income Tax Forms, returns for electronic submission

July 16, 2022 20067 Views 0 comment Print

Directorate of Income Tax (Systems) notifies that Form 3CEF, 10F, 10IA, 3BB, 3BC, 10BC, 10FC, 28A, 27C, 58D, 58C and 68 shall be furnished electronically and shall be verified in the manner prescribed under Income tax Rule 131(1). Form No. 3CEF, 58C, 58D, 27C, 3BB, 3BC, 10BC and 28A are now available on the e-Filing […]

SEBI files FIR for Cyber Security Incident

July 16, 2022 369 Views 0 comment Print

Recently a cyber security incident has been noticed on the E-mail system of SEBI which was undergoing a system upgrade and accordingly an FIR as per the relevant provisions of law has been filed.

Uniform policy for A&C Department of Unified Municipal Corporation of Delhi

July 15, 2022 3357 Views 0 comment Print

Municipal Corporation of Delhi (MCD) order on the new rates of the property tax 1. New property tax rates and conditions will be applicable from July 16, 2022 in order to bring uniformity and streamline and bring transparency in tax administration. 2. Education Cess of 1 per cent on annual property tax will also be payable. […]

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