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High Court has no power to waive pre deposit for entertaining appeal before DRAT as mandated by Section 18 of the SARFAESI Act – Supreme Court ABCAUS Case Law Citation:ABCAUS 3282 (2020) (03) SC Important case law relied upon by the parties:Narayan Chandra Ghosh vs. UCO Bank& Ors. …
Indira Vikas Patra purchased in cash and lost then Post office rightly refused to encash Certificates as identity of initial holder could not be established from record – SC ABCAUS Case Law Citation:ABCAUS 3281 (2020) (03) SC Important case law relied upon by the parties:Central Government of India …
Use of mobile and internet in Airplanes flight in India- Provisions relaxed for permitting selective use. MINISTRY OF CIVIL AVIATIONNOTIFICATION New Delhi, the 21st February, 2020 G.S.R. 142(E).—Whereas, the draft of certain rules further to amend the Aircraft Rules, 1937, was published in the Gazette of India, Extraordinary, …
Appointment of CA/CMA firm for Indirect/Direct Tax Consultant & GST Auditor of DICGC for FY 2020-21 / FY 2018-19 Deposit Insurance and Credit Guarantee Corporation (DICGC) has invited following Tenders/RFP: (a) GST Auditor Request for Proposal (RfP) for Appointment of Chartered Accountant/ Cost Accountant firm for carrying out …
Exemptions to Government Companies u/s 462 of the Companies Act 2013 -MCA Notification GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 2nd March, 2020 GSR (E). – In exercise of the powers conferred by clauses (a) and (b) of sub section (1) and in pursuance …
Reversal of earlier order by ITAT based on judgment of non jurisdictional High Court. Question kept open though SLP dismissed by Supreme Court ABCAUS Case Law Citation:ABCAUS 3280 (2020) (03) SC Important case law relied upon by the parties:Honda Seil Ltd (295 ITR 466)CIT v. Manjunatha Cottonand Ginning …
Foreign exchange forward contract incidental to export business to cover up losses due to foreign exchange rate variation not speculative activity – SC dismissed SLP of the Revenue ABCAUS Case Law Citation: ABCAUS 3279 (2020) (03) SC Important case law relied upon by the parties: Bhavani Gems vs. …
Cheque not filled though signed by drawer no defence in trial of offence u/s 138 of NI Act. Accused must prove cheque was not in discharge of a debt/liability ABCAUS Case Law Citation:ABCAUS 3278 (2020) (03) HC Important case law relied upon by the parties:M/s Surveka Distributors Pvt. …
Opening GST Portal to allow filing/Revision of TRAN-1. Supreme Court dismisses SLP of the Government against order of Punjab & Haryana High Court ABCAUS Case Law Citation:ABCAUS 3277 (2020) (03) SC Important case law relied upon by the parties:Krish Authomotors Pvt. Ltd. Vs UOI and otherWillowood Chemicals …
Denial of Registration 12AA for not spending income by trust. CIT to consider issue u/s 12AA(3) if the facts justify Registration – Supreme Court ABCAUS Case Law Citation:ABCAUS 3276 (2020) (02) SC In the instant case, a Special Leave Petition was filed by the Commissioner of Income Tax …
