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News, Blog, Income Tax

July 26, 2022

Tools, dies, etc. used to manufacture products to be treated as part of machinery: ITAT

Case Details: Efacec Switchgear India … Continue reading “Tools, dies, etc. used to manufacture products to be treated as part of machinery: ITAT”

Blog, News, Income Tax

July 26, 2022

Sharing sum received under settlement agreement with employees is contingent in nature: ITAT

Case Details: Sasken Technologies Ltd. … Continue reading “Sharing sum received under settlement agreement with employees is contingent in nature: ITAT”

Blog, News, GST & Customs

July 26, 2022

Exemption from levy of Agriculture Infrastructure and Development Cess on Lentil (Mosur) extended till 31st March, 2023

Notification No. 44/2022-Customs dated July … Continue reading “Exemption from levy of Agriculture Infrastructure and Development Cess on Lentil (Mosur) extended till 31st March, 2023”

Blog, News, GST & Customs

July 26, 2022

Writ jurisdiction at stage of show cause notice not to be exercised: HC

Case Details: Mahendra Sponge & … Continue reading “Writ jurisdiction at stage of show cause notice not to be exercised: HC”

Blog, News, Income Tax

July 25, 2022

[Opinion] Remittance of Assets Regulations vs Liberalised Remittance Scheme

CA Sri Harsha, CA Narendra … Continue reading “[Opinion] Remittance of Assets Regulations vs Liberalised Remittance Scheme”

Blog, News, Income Tax

July 25, 2022

A mere suspicion that escaped income exceeds Rs. 50 lakh doesn’t empower AO to reassess after 3 years: HC

Case Details: Abdul Majeed Son … Continue reading “A mere suspicion that escaped income exceeds Rs. 50 lakh doesn’t empower AO to reassess after 3 years: HC”

Blog, News, Company Law

July 25, 2022

[Case Study] Delayed issue of share certificate by a company & the consequences

[2022] 140 taxmann.com 496 (Article) … Continue reading “[Case Study] Delayed issue of share certificate by a company & the consequences”

News, Blog, FEMA & Banking

July 25, 2022

Sovereign Gold Bonds 2017 – 18 (Series II) can be redeemed prematurely at Rs.5054 per unit: RBI

PRESS RELEASE: 2022-2023/582, Dated July … Continue reading “Sovereign Gold Bonds 2017 – 18 (Series II) can be redeemed prematurely at Rs.5054 per unit: RBI”

Blog, News, GST & Customs

July 25, 2022

[Opinion] GST on Supply of Pre-packaged and Labelled Goods

Dr. Sanjay R Bhargave – … Continue reading “[Opinion] GST on Supply of Pre-packaged and Labelled Goods”

Blog, News, GST & Customs

July 25, 2022

Goods & vehicle accompanied with proper e-way bill & invoice can’t be detained for past bogus transactions: HC

Case Details: Kapil Hukmichand Kothari … Continue reading “Goods & vehicle accompanied with proper e-way bill & invoice can’t be detained for past bogus transactions: HC”