82,072 assessment cases completed in faceless manner till 10th March 2021 Recently, the Central Government had introduced Faceless Assessment Scheme for income tax. As a result Income tax assessments are being done in a faceless manner. The Union Minister of State for Finance & Corporate Affairs in a …
Change in Jurisdiction of PCCIT North East Region at Guwahati over Commissioners of Income-tax (Appeals) MINISTRY OF FINANCE(Central Board of Direct Taxes) Notification No. 17/2021 New Delhi, the 16th March, 2021 INCOME-TAX S.O. 1225(E).—In exercise of the powers conferred by sub-section (I) and sub-section (2) of section 120 …
Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Amendment) Regulations, 2021. INSOLVENCY AND BANKRUPTCY BOARD OF INDIA NOTIFICATION New Delhi, 15th March, 2021 Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Amendment) Regulations, 2021. No. IBBI/2020-21/GN/REG070.—In exercise of the powers conferred …
Person ineligible u/s 29A of IBC 2016 to submit a resolution plan, also barred from proposing a scheme of compromise and arrangement u/s 230 of the Companies Act 2013 ABCAUS Case Law CitationABCAUS 3473 (2021) (03) SC Important case law relied referred:Swiss Ribbons Private Limited vs. Union of …
Surrender of income due to recovery of documents during survey can not be said to be voluntarily. ITAT upheld penalty u/s 271(1)(c) ABCAUS Case Law CitationABCAUS 3472 (2021) (03) ITAT Important case law relied referred:MAK Data (P) Ltd. v. CIT (2013) 358 ITR 593(SC)Samson Maritime Ltd. 88 taxmann.com …
CBIC Clarification on GST refund related issues. Deemed Export Supply, Calculation of Adjusted Total Turnover, relaxation for filing refund claim Circular No. 147/03//2021-GST CBEC-20/23/03/2020-GSTGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Indirect Taxes and CustomsGST Policy Wing New Delhi, Dated the 12th March, 2021 To, The Principal Chief …
