On the anti-evasion front, as always, our officers remained ever vigilant to detect leakages of revenue and to apprehend the delinquent. DGGI, Ahmedabad has reported a case of evasion in which ITC on input services were availed in respect of services supplied to their own registrations located in other states and having same PAN. This resulted in short payment of GST of Rs 320.08 Cr. The entire differential tax of Rs 320.08 Crore has since been discharged.
1) These regulations may be called the Central Silk Board Silk-worm Seed (Amendment) Regulations, 2021. (2) They shall come into force on the date of their publication in the Official Gazette.
Functionality in Rectification Module of ITBA to pass online (web service) rectification order on Orders u/s 143(3), 144, 147, 153A & 153C of the Income Tax Act,1961 uploaded through Manual Order Upload Functionality for AY 2013-14 to AY 2019-20.
(1) The scope of e-Verification Scheme, 2021shall be in respect of: (i) calling for information under section 133 of the Act; (ii ) collecting certain information under section 133B of the Act; (iii) calling for information by the prescribed income-tax authority under section 133C of the Act; (iv) exercise of power to inspect registers of companies under section 134 of the Act; and (v) exercise of power of Assessing Officer under section 135 of the Act.
These Regulations may be called the Khadi and Village Industries Commission Employees (Classification, Control and Appeal) (Amendment) Regulation, 2021.
That the due date for submission of Annual Return in Form GSTR-9, 9A and Reconcilation Statement in Form GSTR-9C (self-certified) reconciling the Annual Turnover with audited financial statement is 31st Dec., 2021 for the period from 01.04.2020 to 31.03.2021.
Rule 21AK. Conditions for the purpose of clause (4E) of section 10.- (1) The income accrued or arisen to, or received by, a non-resident as a result of transfer of non-deliverable forward contracts under clause (4E) of section 10 of the Act, shall be exempted subject to fulfillment of the following conditions, namely: ─
CBDT directs that the Assessing Officers shall identify the following categories of information pertaining to Assessment Year 2015-16 and Assessment Year 2018-19, which may require action under section 148 of the Act, for uploading on the Verification Report Upload (VRU) functionality on Insight portal
With a view to providing relevant information to investors about the various activities pertaining to AIFs, an Investor Charter has been prepared by SEBI. This Investor Charter is a brief document containing details of services provided to investors, details of grievance redressal mechanism, responsibilities of the investors etc., at one single place, in lucid language for ease of reference.
With a view to enhancing awareness of investors about the various activities which an investor deals with while availing the services provided by portfolio managers, an investor charter has been prepared by SEBI
