TaxLiner | Summarizing Laws

2021-04-25 16:09:11 Corporate Law Updates By @HubofCA:

- IBC - Payment made for allottment of plot can be held as a financial debt: NCLAT

- IBC - Adjudicating Authority can extend time period in negation of statutory provision of code in an exceptional Circumstances exercising sound 'Judicial discretion' with a view to find a suitable 'Resolution Plan' to prevent an aberration of justice: NCLAT

- IBC - After admission of application and start of moratorium, order of High Court, allowing Respondent No. 1 to operate account without making good amount of Rs 32.50 lakhs to be placed in account of Corporate Debtor cannot sustain - SC

- IBC - Ss 18 & 19 of Limitation Act, 1963 is applicable to the Code: NCLAT

- IBC - Change in shareholders of Corporate Debtor on approval of resolution plan by virtue of IBC provisions cannot be termed as transfer of leasehold right: NCLT ओपन / कमेंट

2021-04-24 18:24:09 SEBI Clarifies Key Aspects of Investment Advisers Regulations through Informal Guidance

https://corporate.cyrilamarchandblogs.com/2021/04/sebi-clarifies-key-aspects-of-investment-advisers-regulations-through-informal-guidance/ ओपन / कमेंट

2021-04-24 12:27:50 BCD & Cess waived off on Oxygen Equipment & Covid vaccines.

@HubofCA ओपन / कमेंट

2021-04-24 11:45:19 Govt grants respite to taxpayers in difficult COVID times. Extends certain timelines.

Time barring dates extended to 30th June, 2021 for certain cases.

Dt for payment under #VivadSeVishwas Act,2020 without additional amount also extended to 30th June, 2021.

Tweet Link: Here

Thank to Excel Learning

@HubofCA ओपन / कमेंट

2021-04-24 06:30:08 One Liner Top-Stories Update:

IRDAI directs Network Hospitals to provide Cashless Treatments to Covid-19 patients

Income Tax Return: CBDT enables ITR Offline utility for AY 2021-22, Know the Steps

Rejection of LLP Incorporation application on Ground of conflicting Trademark not justified: Kerala High Court slams MCA officials for ‘System Generated Harassment’

High Court not to use Inherent power to undermine statutory dictate under Sections 14 and 17 IBC: Supreme Court

GST: Relaxation to assessee whose GSTIN has been cancelled during Mar 15, 2020 to Mar 14, 2021

Relief to Google: Karnataka High Court quashes ITAT’s order imposing Royalty Taxation for ‘Adwords Program’

Supreme Court on Provisional Attachment under GST Laws

Join @HubofCA for Daily #StatNews ओपन / कमेंट

2021-04-23 06:30:05 One Liner Top-Stories Update:

CBI arrests then GST Superintendent in an Ongoing Investigation of a Case

Spending of CSR Funds for ‘setting up makeshift Hospitals and Temporary COVID care facilities’ is an eligible CSR activity, says MCA

CBDT notifies Format, Procedure and Guidelines for submission of SFT for Dividend income

CBDT notifies Format, Procedure and Guidelines for submission of SFT for Interest Income

Income Tax: CBDT notifies Norway Based Fund ‘Norfund’ as Sovereign Wealth Fund for exemption u/s 10(23FE)

CS Exams June 2021 to be held as per schedule: ICSI

12% GST on Supply and Import of Pharmaceutical Reference Standards prepared Laboratory Reagents: AAR

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2021-04-22 17:57:20 Moneycontrol Market Reports
Taking Stock: Sensex up 375 points, Nifty goes past 14,400; metals, banks gain

@HubofCA ओपन / कमेंट

2021-04-22 17:01:41 @HubofCA ओपन / कमेंट

2021-04-22 06:30:11 One Liner Top-Stories Update:

Waste Collection, Segregation, Treatment, Transportation, Disposal Services under Service Agreements not exempted from GST, affirms AAAR

Question raised is no more pending before High Court: AAAR directs appellant to file fresh application

No GST Exemption on Operation and Maintenance of High Quality Treated Drinking Water Plant for the ‘Amma Kudineer Project’: AAR

GST leviable on Reimbursement Amount, being Advance Payment made by Holding Company towards Cost incurred for provision of Software Services: AAAR

Tamarind inner Pulp without Shell and Seeds not exempted from GST as it is not Agricultural Produce: AAR

GST: Time of Supply of Gift Vouchers / Gift Cards to Customers shall be the date of issue of such Vouchers, rules AAR

Delhi GST department to work virtually amidst Curfew imposed in National Capital

Join @HubofCA for Daily #StatNews ओपन / कमेंट

2021-04-21 15:47:56 “A predicate offence is the sine qua non for the offence of money laundering” – IS IT REALLY?

https://corporate.cyrilamarchandblogs.com/2021/04/a-predicate-offence-is-the-sine-qua-non-for-the-offence-of-money-laundering-is-it-really/ ओपन / कमेंट