Assessment order in the name of non-existent amalgamating company void. Supreme Court put the controversy to rest once for all ABCAUS Case Law Citation:ABCAUS 3082 (2019) (07) SC Important Case Laws Cited/relied upon by the parties:Spice Entertainment Ltd. v Commissioner of Service Tax 2012 (280) ELT 43 (Del.)Skylight …
Notice u/s 263 issued by AO was held valid when notice itself stated that PCIT directed its issuance and AO signed it merely in his ministerial capacity ABCAUS Case Law Citation:ABCAUS 3081 (2019) (07) HC Important Case Laws Cited/relied upon by the parties:CIT Vs. Amitabh Bachchan, (2016) 384 …
Clarification-Exemption on re-imported goods exported under duty drawback, rebate of duty or under bond on or after the 1st July 2017 for exhibition purpose or on consignment basis Circular No. 21/2019 -Customs F. No. 450/131/2017-CusIVGovernment of IndiaMinistry of FinanceDepartment of Revenue(Central Board of Indirect Taxes & Customs)***** Room …
Refunds of IGST paid on import – Requirement of 100% physical examination of each consignment to be gradually relaxed Circular No.22/2019-Customs F. No. 450/96/2019-Cus-IVGovernment of IndiaMinistry of FinanceDepartment of Revenue(Central Board of Indirect Taxes & Customs)**** Room No. 227-B, North Block, New Delhi.Dated the 24th July, 2019 ToAll …
Govt. issues strict direction to deal with fugitive economic offenders. Authoritoes who can issue Look Out Circular and detain any such person  The Government issued directions to deal with wilful bank loan defaulters or fugitive economic offenders. For this a Look Out Circular (LOC) can be opened by …
IBBI amends IBBI (Insolvency Professionals) Regulations, 2016 & IBBI (Model Bye-Laws & Governing Board of Insolvency Professional Agencies) Regulations 2016 Insolvency and Bankruptcy Board of India PRESS RELEASE IBBI/PR/2019/1923rd July, 2019 The IBBI amends (i) the Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016, and (ii) …
