Government of India

Delhi High Court - import - permitted and licensed quantity - poppy seeds - guidelines - Taxscan

Delhi High Court allows Import of permitted and licensed quantity of Poppy Seeds in accordance with the Guidelines [Read Order]

January 25, 2021

GST rate - supply of marine pressure - tight cables - marine non-pressure tight cables - AAR - taxscan

Benefit of reduced GST rate not available on Manufacture, Supply of marine pressure tight cables and Marine non-pressure tight cables: AAR [Read Order]

January 12, 2021

ICAI publishes Handbook - Audit of CSR Activities - Taxscan

ICAI publishes Handbook on Audit of CSR Activities

January 11, 2021

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GST: Gujarat High Court issues notices to Govt over constitutional validity of the proviso to Section 50 of CGST Act, 2017 [Read Order]

January 26, 2021

The Gujarat High Court issued the notice to Government over constitutional validity of the proviso to Section 50 of CGST Act, 2017. The petitioner, Flair WRiting Industries Limited, has challenged the constitutional validity of the proviso to Section 50 of the Central Goods and Services Tax Act, 2017 with regard to the interest on delayed […]

Relief to RayBan: ITAT deletes adjustments made by TPO on account of ALP of AMP expenses [Read Order]

January 26, 2021

The Income Tax Appellate Tribunal (ITAT), Delhi Bench in relief to Ray-Ban deleted the adjustments made by the Transfer Pricing Officer (TPO) on account of Arm’s Length Price (ALP) of Advertisement, Marketing, and Promotion Expenses (AMP) expenses. The appellant, M/s. RayBan Sun Optics India Ltd. is engaged in manufacturing and distribution of Ray-Ban brand sunglasses […]

Relief to Hindustan Coca Cola: ITAT deletes additions of Rs. 20.89 Lakhs on account of passing of the expiry date of product [Read Order]

January 26, 2021

The Income Tax Appellate Tribunal (ITAT), Delhi Bench in a relief to Hindustan Coca Cola deleted the additions of Rs. 20.89 Lakhs on account of passing of the expiry date of the product. The assessee, Hindustan Coca Cola is a company engaged in the business of trading of non-alcoholic beverages. It filed its return of […]

MCA notifies Procedure for Disposal of Application for Conversion of Public Company into Private in case of Objection [Read Notification]

January 26, 2021

The Ministry of Corporate Affairs (MCA) notified the procedure for Disposal of application for conversion of a public company into private in case of objection by RD. The MCA notified the Companies (Incorporation)Amendment Rules, 2021 which sought to amend in the Companies (Incorporation) Rules, 2014. The Government notified that where an objection has been received […]

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GST: Gujarat High Court issues notices to Govt over constitutional validity of the proviso to Section 50 of CGST Act, 2017 [Read Order]

January 26, 2021

Relief to RayBan: ITAT deletes adjustments made by TPO on account of ALP of AMP expenses [Read Order]

January 26, 2021

Relief to Hindustan Coca Cola: ITAT deletes additions of Rs. 20.89 Lakhs on account of passing of the expiry date of product [Read Order]

January 26, 2021

MCA notifies Procedure for Disposal of Application for Conversion of Public Company into Private in case of Objection [Read Notification]

January 26, 2021

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