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Blog, News, GST & Customs

June 4, 2022

CBIC notified exchange rates effective from June 3rd, 2022

Notification No. 49/2022 -Customs (N.T.) … Continue reading “CBIC notified exchange rates effective from June 3rd, 2022”

News, Blog, GST & Customs

June 4, 2022

Commissioner not empowered to allow interest payment in instalments: HC

Case Details: P.K. Ores (P.) … Continue reading “Commissioner not empowered to allow interest payment in instalments: HC”

Blog, News, Income Tax

June 4, 2022

Separate legal entities sharing common address didn’t make them sham companies: HC

Case Details: PCIT v. Surya … Continue reading “Separate legal entities sharing common address didn’t make them sham companies: HC”

Blog, News, Income Tax

June 3, 2022

AO can’t invoke sec. 154 to make disallowance for cash payments: ITAT

Case Details: Smt. Poonam Mittal … Continue reading “AO can’t invoke sec. 154 to make disallowance for cash payments: ITAT”

News, Blog, Company Law

June 3, 2022

Foreign nationals from border sharing countries need security clearance from Home Ministry for obtaining DIN

Notification no. G.S.R. 410(E), Dated: … Continue reading “Foreign nationals from border sharing countries need security clearance from Home Ministry for obtaining DIN”

Blog, News, Company Law

June 3, 2022

SEBI appoints Shri Ashwani Bhatia former MD of SBI as a Whole Time Member of SEBI

Press Release PR No.18/2022, Dated: … Continue reading “SEBI appoints Shri Ashwani Bhatia former MD of SBI as a Whole Time Member of SEBI”

Blog, News, FEMA & Banking

June 3, 2022

‘Tumkur Pattana Sahakara Bank Niyamitha’ ceases to be a co-operative bank: RBI

Notification No. DOR.MON. No. 3862/07.12.000/2021-22, … Continue reading “‘Tumkur Pattana Sahakara Bank Niyamitha’ ceases to be a co-operative bank: RBI”

Blog, News, GST & Customs

June 3, 2022

Liquidated damages received for delay are taxable under GST: AAR

Case Details: Authority for Advance … Continue reading “Liquidated damages received for delay are taxable under GST: AAR”

News, Blog, GST & Customs

June 3, 2022

GST Revenue Collection crosses Rs. 1.40 lakhs for the month of May 2022

Press Release dated June 1st, … Continue reading “GST Revenue Collection crosses Rs. 1.40 lakhs for the month of May 2022”

Blog, News, Transfer Pricing

June 3, 2022

TPO can’t treat assessee as manufacturer for TP study if it was treated as trader in succeeding years: ITAT

Case Details: DCIT v. Toto … Continue reading “TPO can’t treat assessee as manufacturer for TP study if it was treated as trader in succeeding years: ITAT”