GST Due Dates in August 2021 I CA Satbir Singh
GST Due Dates in August 2021 I CA Satbir Singh
Monthly Archives: August 2021
DGFT allows uploading of e-BRC by Sep 15, 2021 for shipping bills with LEO upto Mar 31, 2020 on which RoSCTL scrip claimed
The DGFT has issued trade notice to allow the uploading of e-BRC by Sep 15, 2021 for shipping bills with LEO upto Mar 31, 2020 on which RoSCTL scrip claimed as it is observed in several cases that e-BRC as a proof of export proceeds realisation is not uploaded yet. Trade Notice no 13/2021-22 Dated… Read More »
CBIC notified exchange rates effective from August 6, 2021
The Central Board of Indirect Taxes and Customs has notified the rate of exchange of conversion of the foreign currencies into Indian currency or vice versa, with effect from 6th August, 2021, for import and export of goods. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) *****… Read More »
Taxpayer allowed to clear repaired re-imported goods without payment of IGST : High Court
HIGH COURT OF DELHI Interglobe Aviation Ltd. v. Union of India D.N. PATEL, C.J. AND JYOTI SINGH, J. W.P.(C) NO. 5617 OF 2021 JUNE 1, 2021 Ms. Charanya Lakshmikumaran, B.L. Narasimhan, Yogendra Aldak and Kunal Kapoor, Advs. for the Petitioner. Chetan Sharma, Aashish Jain, Vinay Yadav, Akshay Gadeock, Amit Gupta, Sahaj Garg and Satish Kumar for the Respondent. JUDGMENT D.N. Patel, CJ. – Proceedings have been conducted through video conferencing. CM… Read More »
GST Department can block ITC u/r 86A even if no positive credit standing in the electronic credit ledger : High Court
HIGH COURT OF ALLAHABAD R.M. Dairy Products LLP v. State of Uttar Pradesh NAHEED ARA MOONIS AND SAUMITRA DAYAL SINGH, JJ. WRIT TAX NO. 434 OF 2021 JULY 15, 2021 Nishant Mishra and Yashonidhi Shukla for the Petitioner. ORDER Heard Mr. Nishant Mishra along with Ms. Yashonidhi Shukla, learned counsel for the petitioner, Mr. Manu Ghildyal, learned counsel representing respondent… Read More »
Assessee is entitled to Tax benefit of exemption even if poultry farm land is not owned : High Court
HIGH COURT OF KERALA State of kerala v. Selvam Broilers (P.) Ltd. S.V. BHATTI AND BECHU KURIAN THOMAS, JJ. ST.REV. NO. 223 OF 2010 JULY 7, 2021 ORDER Bechu Kurian Thomas, J. – Own a farm on own land and gain exemption – claims the department. Owning a farm alone gains exemption – cries the assessee. A… Read More »
GST Deaprtment can not encash bank guarantee if time to file appeal not expired : High Court
HIGH COURT OF KERALA Varahamurthi Flexirub Industries (P.) Ltd. v. State Tax Officer, Squad-VII, Palakkad A.M. BADAR, J. WP (C) NO.3900 OF 2021(J) FEBRUARY 16, 2021 JUDGMENT 1. Heard both sides. The petitioner, who has suffered an order of confirmation of penalty at the hands of the respondent-State Tax Officer, is challenging the action of the… Read More »
New Law Relating to Reassessment under Income Tax Act
Taxmann’s New Law Relating to Reassessment – Commentary with discussion on fundamental concepts & issues arising under the new law combined with commentary on statutory provisions & jurisprudence Paperback – 1 August 2021 by D.C. Agrawal (Author), Ajay Kumar Agrawal Buy Online Click here This book is a comprehensive commentary on the Reassessment provision under the Income-tax Act, as… Read More »
THE TAXATION LAWS (AMENDMENT) BILL, 2021 to stop restrospective effect to amendments taken before 28th May 2012
Taxation Laws (Amendment) Bill, 2021 is introduced in Lok Sabha on 05th August 2021. Bill is further to amend the Income-tax Act, 1961 and the Finance Act, 2012. The Bill proposes to amend the Income-tax Act, 1961 so as to provide that no tax demand shall be raised in future on the basis of the… Read More »
How to File ITR 3 Online AY 2021-22 I Income Tax Return of Businessmen I CA Satbir Singh
How to File ITR 3 Online AY 2021-22 I Income Tax Return of Businessmen I CA Satbir Singh