EPF Scheme to allow withdrawal of non-refundable advance

Ministry of Labour & Employment Union Labour Ministry notifies amendment in EPF Scheme to allow withdrawal of non-refundable advance by EPF members in the event of outbreak of pandemic EPFO directs its field offices to process claims promptly Posted On: 29 MAR 2020 Union Ministry of Labour and Employment has issued notification GSR 225(E) amending EPF Scheme 1952 to allow withdrawaRead More…

New claim can be filed in Return for deduction u/s 153A : HC

  HIGH COURT OF BOMBAY Principal Commissioner of Income-tax, Central-2 v. JSW Steel Ltd. UJJAL BHUYAN AND MILIND N. JADHAV, JJ. IT APPEAL NO. 1934 OF 2017 FEBRUARY  5, 2020 A.R. Malhotra for the Appellant. JUDGMENT Milind N. Jadhav, J. – The present appeal under section 260A of the Income-tax Act, 1961 takes exception to the order dated 28-9-2016 passed by tRead More…

Goods seized, Owner can prove his innocence before GST Authorities : HC

  HIGH COURT OF ALLAHABAD Vajid v. State of U.P. MUNISHWAR NATH BHANDARI AND MANISH KUMAR, JJ. MISC. BENCH NO. 34650 OF 2019 JANUARY  23, 2020 N.C. Gupta, Manish Nigam and Tushar Kant Gupta for the Petitioner. ORDER 1. By this writ petition, a prayer is made for release of vehicle bearing U.P.-32 CN-5694 ceased by the respondents. It is when the vehicle carRead More…

No Revision u/s 263 if AO conducted required enquiry : ITAT

  IN THE ITAT MUMBAI BENCH ‘D’ Dena Bank v. Principal Commissioner of Income-tax – 2, Mumbai G. MANJUNATHA, ACCOUNTANT MEMBER AND RAVISH SOOD, JUDICIAL MEMBER IT APPEAL NO. 2159 (MUM.) OF 2018 [ASSESSMENT YEAR 2014-15] JANUARY  23, 2020 S. Ananthan and Mrs. Lalitha Rameswaran, CA’s for the Appellant. Manoj Kumar Singh and Kumar Padmapani Bora for the Respondent. Read More…

whether GST proceeding are covered in moratorium order for Corporate Debtors, case remanded back : HC

Case remanded to GST Authority to examine whether order of moratorium also covered pending GST proceeding: HC HIGH COURT OF GAUHATI National Plywood Industries Ltd. v. Union of India ACHINTYA MALLA BUJOR BARUA, J. W.P. (C). NO. 1059 OF 2020 FEBRUARY  17, 2020 M. Kataki, Adv. for the Petitioner. JUDGMENT 1. Heard Mr. M Kataki, learned counsel for the petitioner and MrRead More…

New GST and Income Tax Updates

GST and Income Tax Updates Finance Act 2020 Download Notification COVID 19 :cash withdrawal from PF permitted : Notification Donate to PM Cares Fund to fight Covid 19 : PM Appeal New Rule for GST Refund I No Cash Refund in Full I CA Satbir Singh New GST Rule for Refund of Tax Wrongly Paid I CA Satbir Singh New GST Rule for Recovery of Refund paid by GST Officer I Exporters I CA Satbir Singh
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Finance Act 2020 Download Notification

MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, the 27th March, 2020/Chaitra 7, 1942 (Saka) The following Act of Parliament received the assent of the President on the 27th March, 2020, and is hereby published for general information:— THE FINANCE ACT, 2020 NO. 12 OF 2020 [27th March, 2020.] An Act to give effect to the financial proposals of the Central Government for theRead More…

COVID 19 :cash withdrawal from PF permitted : Notification

Withdrawal from PF permitted due to pandemic MINISTRY OF LABOUR AND EMPLOYMENT NOTIFICATION New Delhi, the 27th March, 2020 G.S.R. 225(E).—In exercise of the powers conferred by section 5 read with sub-section (1) of section 7 of the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952), the Central Government hereby makes the following Scheme further to amend tRead More…

Donate to PM Cares Fund to fight Covid 19 : PM Appeal

Prime Minister’s Office Appeal to generously donate to ‘Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund)’ Posted On: 28 MAR 2020 4:36PM by PIB Delhi The pandemic of COVID-19 has engulfed the entire world and has posed serious challenges for the health and economic security of millions of people worldwide. In India too, the spread of coronRead More…