DGFT Notifies to Process Pending Applications of MEIS/SEIS at Regional Authorities [Read Circular]
In accordance with Paragraph 3.06 of the Handbook of Procedures (HBP) 2015-2020, the DGFT issued Policy Circular No. 46/2015-20 on February 20, 2023,...
![Nexus between Income of Detenue and Acquisition of Property must be established under SAFEM Act: Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Income-Acquisition-of-Property-SAFEM-Act-Madras-HC-taxscan.jpg "Nexus between Income of Detenue and Acquisition of Property must be established under SAFEM Act: Madras HC [Read Order]")
![Bamboo Stick less than 6 mm Included in the list of Processed Items, No PQ Clearance Required: CBIC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Bamboo-Stick-CBIC-taxscan.jpeg "Bamboo Stick less than 6 mm Included in the list of Processed Items, No PQ Clearance Required: CBIC [Read Order]")
![Limited Scrutiny can be changed to Regular Assessment with Approval of Competent Authority: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Limited-Scrutiny-assessment-competent-authority-ITAT-Taxscan.jpg "Limited Scrutiny can be changed to Regular Assessment with Approval of Competent Authority: ITAT [Read Order]")
Date of Message Exchange b/w Indian and Foreign Banks to be considered for Registration of L/Cs due to Fraudulent Practices: DGFT [Read Circular]
The Director-General of Foreign Trade (DGFT) has issued a trade notice clarifying that the date of message between Indian and foreign banks will be considered for the registration of L/Cs due to...
![Date of Message Exchange b/w Indian and Foreign Banks to be considered for Registration of L/Cs due to Fraudulent Practices: DGFT [Read Circular]](https://www.taxscan.in/wp-content/uploads/2022/05/Date-Message-Exchange-Indian-Foreign-Banks-Registration-LCs-Fraudulent-Practices-DGFT-Taxscan.jpeg "Date of Message Exchange b/w Indian and Foreign Banks to be considered for Registration of L/Cs due to Fraudulent Practices: DGFT [Read Circular]")
No Deduction of Profits and Gains from Industrial undertakings u/s 80IA (4) without Notification issued by the Competent Authority: ITAT [Read Order]
The Kolkata Bench of Income Tax Appellate Tribunal has held that no deduction of profits and gains from industrial undertakings u/s 80IA(4) without notification issued by the competent authority. ...
![No Deduction of Profits and Gains from Industrial undertakings u/s 80IA (4) without Notification issued by the Competent Authority: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Deduction-Profits-and-Gains-Competent-Authority-taxscan.jpeg "No Deduction of Profits and Gains from Industrial undertakings u/s 80IA (4) without Notification issued by the Competent Authority: ITAT [Read Order]")
Writ Jurisdiction cannot be entertained If there is Alternative Remedy: Delhi HC refuses to quash Re-Assessment Order [Read Order]
The Delhi High Court has refused to quash a re-assessment order on the ground that there was no violation of natural justice and the writ jurisdiction under Article 226 of the Constitution of India...
![Writ Jurisdiction cannot be entertained If there is Alternative Remedy: Delhi HC refuses to quash Re-Assessment Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Writ-Jurisdiction-Alternative-Remedy-Delhi-HC-Re-Assessment-Order-Taxscan.jpg "Writ Jurisdiction cannot be entertained If there is Alternative Remedy: Delhi HC refuses to quash Re-Assessment Order [Read Order]")
No Continuing Insolvency Resolution Process against Personal Guarantor after his Demise: NCLT [Read Order]
The Principal Bench of National Company Law Tribunal ( NCLT ) has held that Insolvency Resolution Process against Personal Guarantor after his demise will not continue. Mr. Deepak Puri who stood...
![No Continuing Insolvency Resolution Process against Personal Guarantor after his Demise: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Insolvency-Resolution-Process-Personal-Guarantor-NCLT-TAXSCAN.jpg "No Continuing Insolvency Resolution Process against Personal Guarantor after his Demise: NCLT [Read Order]")
Relief to Rolex: CESTAT remands matter back to Dept to Reconsider Service Tax Refund Claim [Read Order]
In relief to Rolex Watch Company Private Ltd, the Mumbai bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has directed the service tax department to reconsider their refund...
![Relief to Rolex: CESTAT remands matter back to Dept to Reconsider Service Tax Refund Claim [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Rolex-CESTAT-Dept-Service-Tax-Refund-Claim-taxscan.jpg "Relief to Rolex: CESTAT remands matter back to Dept to Reconsider Service Tax Refund Claim [Read Order]")
Delhi Govt. appoints Principal Secretary and District Magistrate as officers to assist Competent Authority in respect of Unregulated Deposit Schemes [Read Notification]
The Delhi Government has notified the appointment of Principal Secretary and District Magistrate as officers to assist Competent Authority in respect of Unregulated Deposit Schemes. “In exercise...
