Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhawan, New Delhi Dated: 20thSeptember 2021 Trade Notice 18/2021-2022 To, 1.All IEC Holders/Members of Trade 2.DGFT Regional Authorities 3.Export Promotion Councils/Commodity Boards/ other Industry Associations Subject: De-Activation of IECs not updated on the DGFT This Trade Notice… Read More »
HIGH COURT OF GUJARAT Bhupendra Bhikhalal Desai v. Income Tax Officer, Ward 1(2)(1) J.B. PARDIWALA AND ILESH J. VORA, JJ. R/SPECIAL CIVIL APPLICATION NOS. 22441, 22444 & 22474 TO 22478 OF 2019 MARCH 8, 2021 Darshan R. Patel for the Petitioner. M.R. Bhatt, Sr. Adv. and Mrs. Mauna M Bhatt for the Respondent. JUDGMENT J.B. Pardiwala, J. – Rohinton Fali Nariman,… Read More »
Income Tax on Future & Options trading and ITR filing I F & O Trading Income I CA Satbir Singh
Dates Extended for Income Tax Compliance by CBDT I New Notification issued I CA Satbir Singh
On demand fetching of Bill of Entry details from ICEGATE Portal 17/09/2021 To help importers of goods, and recipients of supplies from SEZ, search Bill of Entry details, which did not auto-populate in GSTR-2A, a self-service functionality has been made available on the GST Portal that can be used to search such records in… Read More »
Income Tax Notificiation No 110/2021 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 17th September, 2021 INCOME TAX S.O. 3815(E).—In exercise of the powers conferred by sub-section (1F) of section 197A of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies that no deduction of… Read More »
MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 17th September, 2021 S.O. 3814(E).—In exercise of the powers conferred by sub-section (1) of section 3 of the Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020 (38 of 2020) (hereinafter referred to as the said Act),… Read More »
Government extends certain timelines to ease compliances Posted On: 17 SEP 2021 10:54PM by PIB Delhi The Central Government, in continuation of its commitment to address the hardship being faced by various stakeholders on account of the Covid-19 pandemic, has, on consideration of representations received from various stakeholders, decided to extend timelines for compliances under… Read More »
Central Government relaxes provisions of TDS u/s 194A of the Income-tax Act, 1961 in view of section of 10(26) of the Act Posted On: 17 SEP 2021 10:55PM by PIB Delhi The Central Government in exercise of the powers conferred by sub-section(1F) of section 197A of the Income-tax Act, 1961(“the Act”) notified that no deduction… Read More »
Income Tax Department conducts searches in Mumbai and other regions Posted On: 18 SEP The Income Tax Department conducted a search and seizure operation at various premises of a prominent actor in Mumbai and also a Lucknow based group of industries engaged in infrastructure development. Total 28 premises spread over Mumbai, Lucknow, Kanpur, Jaipur, Delhi,… Read More »