Govt. Notifies Amendment to Prevention of Money-laundering (Maintenance of Records) Rules, 2005 [Read Notification]
The Central Government frequently amends existing legislation or rules in response to the need for such revisions. The Prevention of Money-Laundering...
![MCA Notifies Amendment to Companies (Authorised to Register) Rules, 2014 and Form URC-1 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2023/01/MCA-Amendment-Companies-Amendment-to-Companies-Amendment-Rules-2014-Form-URC-1-taxscan.jpg "MCA Notifies Amendment to Companies (Authorised to Register) Rules, 2014 and Form URC-1 [Read Notification]")
![Penalty under Rule 26 Central Excise Rules cannot be imposed for issuance of bogus LR when period involved is prior to amendment: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Penalty-Central-Excise-Rules-Central-Excise-bogus-LR-amendment-CESTAT-taxscan.jpg "Penalty under Rule 26 Central Excise Rules cannot be imposed for issuance of bogus LR when period involved is prior to amendment: CESTAT [Read Order]")
![SEBI Modifies Rules for PSU divestment: Notifies Amendment to Substantial Acquisition of Shares and Takeovers Regulations, 2011 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/11/SEBI-PSU-divestment-Amendment-Substantial-Acquisition-Shares-Takeovers-Regulations-taxscan.jpg "SEBI Modifies Rules for PSU divestment: Notifies Amendment to Substantial Acquisition of Shares and Takeovers Regulations, 2011 [Read Notification]")
![Amendment to S. 50 of Central GST Act on Interest on Late Payment of Tax has Retrospective Effect: Chhattisgarh HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Amendment-Central-GST-Act-Interest-Late-Payment-Tax-Retrospective-Effect-Chhattisgarh-HC-taxscan.jpg "Amendment to S. 50 of Central GST Act on Interest on Late Payment of Tax has Retrospective Effect: Chhattisgarh HC [Read Order]")
Amendment in Bill of Entry to be allowed on basis of Documentary Evidence in existence when Goods were cleared, Deposited or Exported: CESTAT [Read Order]
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Ahmedabad held that amendment in Bill of Entry to be allowed on basis of documentary evidence in existence when goods were cleared,...
![Amendment in Bill of Entry to be allowed on basis of Documentary Evidence in existence when Goods were cleared, Deposited or Exported: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Amendment-Bill-of-Entry-Documentary-Evidence-Goods-Deposited-Exported-CESTAT-taxscan.jpg "Amendment in Bill of Entry to be allowed on basis of Documentary Evidence in existence when Goods were cleared, Deposited or Exported: CESTAT [Read Order]")
IBBI notifies Amendment to IBBI (Liquidation Process) (Second Amendment) Regulations, 2022 [Read Notification]
The Insolvency and Bankruptcy Board of India (IBBI) has notified the Insolvency and Bankruptcy Board of India (Liquidation Process) (Second Amendment) Regulations, 2022 (‘Amendment Liquidation...
![IBBI notifies Amendment to IBBI (Liquidation Process) (Second Amendment) Regulations, 2022 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/09/IBBI-Second-Amendment-Regulations-taxscan.jpeg "IBBI notifies Amendment to IBBI (Liquidation Process) (Second Amendment) Regulations, 2022 [Read Notification]")
GST Rules Amendment omitting Opportunity to Assessee before Suspension of Registration: Bombay HC issues Notice to Centre/State Govts
In a recent petition filed challenging the amendment in Central GST Rules, 2017 omitting the provision of opportunity of hearing to the assessee before the suspension of GST registration, the Bombay...
Ex-Gratia Payment to Employee for Covid-19 Treatment not to be Taxed As 'Perquisite': CBDT Notifies Amendment
The Central Board of Direct Taxes (CBDT) has notified that the ex-gratia payment to the employees by the employer for the treatment of covid-19 shall not be treated as “perquisite” under the Income...
![Telangana HC Invalidates Amendment to VAT Act extending Limitation Period to 6 Years [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2022/07/Telangana-HC-Amendment-VAT-Act-Limitation-Period-taxscan.jpeg "Telangana HC Invalidates Amendment to VAT Act extending Limitation Period to 6 Years [Read Judgment]")
Companies rendering Consulting Engineer Services under Service Tax Net before 2005 Amendment: Supreme Court [Read Judgment]
A two-judge bench of the Supreme Court comprising Justice M R Shah and Justice Sanjiv Khanna has held that a “firm” and a” company” can be said to be a “consulting engineer” as defined under the...
![Companies rendering Consulting Engineer Services under Service Tax Net before 2005 Amendment: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2022/07/Consulting-Engineer-Services-Service-Tax-Net-Amendment-Supreme-Court-taxscan.jpeg "Companies rendering Consulting Engineer Services under Service Tax Net before 2005 Amendment: Supreme Court [Read Judgment]")
![No Late fee u/s 234E can be levied for default committed before 2015 Amendment: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Late-fee-2015-Amendment-ITAT-Taxscan-.jpeg "No Late fee u/s 234E can be levied for default committed before 2015 Amendment: ITAT [Read Order]")