CPC can not adjust refund in excess of 20% for disputed outstanding demand. Order u/s 245 or order u/s 220(6) do not authorise recovery in excess of 20%. ABCAUS Case Law CitationABCAUS 3542 (2021) (08) HC Important case law relied referred:Amrit Singh Ahluwalia vs. State of Punjab & …
Additional Penalty for Repeated Delivery Default by a seller/buyer to be imposed @ 3 % of the value of the delivery default SEBI had stipulated delivery default norms vide Circular SEBI/HO/CDMRD/DRMP/CIR/P/2021/35 dated March 23, 2021. In order to put in place a suitable deterrent mechanism to address instances …
ICMAI proposes multidisciplinary firm for cost accountants – Read Draft Regulations THE INSTITUTE OF COST ACCOUNTANTS OF INDIA Notification No. CWR (1) 2021 Kolkata, the 13th August, 2021 .The following draft of certain regulations further to amend the Cost and Works Accountants Regulations, 1959, which the Council of …
Pr. Commissioners/Commissioners of Customs to decide the amount of security required in certain cases of provisional assessments Circular No. 19/2021-Customs F. No. 15021110/2020-ICD-CBECGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Indirect Taxes and Customs North Block, New DelhiDated .16th August, 2021 To,All Principal Chief Commissioners/Chief Commissioners …
CBDT transfers 222 Principal Commissioners / Principal Directors of Income Tax CBDT has ordered transfers of 222 Principal Commissioners / Principal Directors of Income Tax. Additional charge arrangements have also been made in in 79 cases. The said transfers are part of Annual General Transfers 2021. Read CBDT …
De-notification of Inland Container Depots/Container Freight Stations/Air Freight Stations Providing relief to custodians of Inland Container Depots (ICDs) and Container Freight Stations (CFSs) across the country, the CBIC today streamlined the procedure of closure of these facilities in maximum of four months only. No timeline was specified earlier. …
