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![CBIC issues Urgent Measures to sensitise trade in light of proposed changes to Section 46 of the Customs Act, 1962 [Read Circular]](https://www.taxscan.in/wp-content/uploads/2021/03/CBIC-Urgent-Measures-to-sensitise-trade-Section-46-of-the-Customs-Act-taxscan.jpeg "CBIC issues Urgent Measures to sensitise trade in light of proposed changes to Section 46 of the Customs Act, 1962 [Read Circular]")
CBIC issues Urgent Measures to sensitise trade in light of proposed changes to Section 46 of the Customs Act, 1962 [Read Circular]
The Central Board of Indirect Taxes and Customs (CBIC) issued the urgent measures to sensitise trade in light of proposed changes to Section 46 of...
![Scope of reporting by Auditors in Audit report broadened: MCA notifies Companies (Audit and Auditors) Amendment Rules, 2021 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/03/Auditors-in-Audit-report-MCA-Companies-Audit-and-Auditors-Amendment-Rules-2021-Taxscan-opengraph.jpg "Scope of reporting by Auditors in Audit report broadened: MCA notifies Companies (Audit and Auditors) Amendment Rules, 2021 [Read Notification]")
![MCA mandates Companies to use Software with Audit Trail of each Transaction [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/03/MCA-Companies-Software-with-Audit-Trail-Transaction-Taxscan.jpg "MCA mandates Companies to use Software with Audit Trail of each Transaction [Read Notification]")
![DGFT notifies New Online Module for Filing Electronic applications for Import Authorizations [Read Circular]](https://www.taxscan.in/wp-content/uploads/2021/03/DGFT-electronic-applications-import-authorizations-Taxscan.jpg "DGFT notifies New Online Module for Filing Electronic applications for Import Authorizations [Read Circular]")
Madras High Court quashes levy of Penalty under Section 112(a) or 114AA of the Customs Act as SCN not issued by Proper Officer [Read Order]
The Madras High Court quashed the levy of penalty under Section 112(a) or 114AA of the Customs Act, 1962 as Show Cause Notice was not issued by the proper officer. The petitioner, Quantum Coal...
![Madras High Court quashes levy of Penalty under Section 112(a) or 114AA of the Customs Act as SCN not issued by Proper Officer [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/Madras-High-Court-levy-of-penalty-Customs-Act-1962-SCN-proper-officer-Taxscan.jpg "Madras High Court quashes levy of Penalty under Section 112(a) or 114AA of the Customs Act as SCN not issued by Proper Officer [Read Order]")
![CBDT issues Clarifications on provisions of the Direct Tax Vivad se Vishwas Act, 2020 [Read Circular]](https://www.taxscan.in/wp-content/uploads/2021/03/CBDT-Clarifications-on-provisions-Direct-Tax-Vivad-se-Vishwas-Act-Taxscan.jpeg "CBDT issues Clarifications on provisions of the Direct Tax Vivad se Vishwas Act, 2020 [Read Circular]")
![An Insight of Govt’s proposal of 127 Amendments to Finance Bill, 2021 [Read Notice of Amendments]](https://www.taxscan.in/wp-content/uploads/2021/03/Govts-proposal-Amendments-Finance-Bill-2021-Taxscan.jpeg "An Insight of Govt’s proposal of 127 Amendments to Finance Bill, 2021 [Read Notice of Amendments]")
Supreme Court bars Charging Compound Interest/Penal Interest On Borrower During Moratorium [Read Judgment]
The Supreme Court has directed that for installments that were due during the loan moratorium period from March 1 to August 31 last year, there should be no charging of compound interest, interest on...
![Supreme Court bars Charging Compound Interest/Penal Interest On Borrower During Moratorium [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/03/Supreme-Court-Compound-Interest-Penal-Interest-Borrower-Moratorium-Taxscan.jpeg "Supreme Court bars Charging Compound Interest/Penal Interest On Borrower During Moratorium [Read Judgment]")