CG notifies new Rules for appointment of ITATs after its previous notified Rules were struck down by SC

The Central Govt. has notified the Tribunal, Appellate Tribunal and other Authorities (Qualifications, Experience and other Conditions of Service of Members) (Amendment) Rules, 2021. Rules formulated by it under section…

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COVID-19 testing in live animals to be done before importing into India: Instruction

CBIC has issued instruction for requirement of COVID-19 testing in live animals before importing into India in order to rule out the spreading of COVID-19 infection through imported animals.CBIC has…

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Transitional provisions under SCMTR Regulation 15(2) further extended till 31st July 2021 to enable

CBIC has issued Notification No. 56/2021 -Customs (N.T) dated 30.06.2021 to further extend the transitional provisions of Sea Cargo Manifest and Transhipment Regulations (SCMTR), 2018, till 31st July 2021 to…

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ITAT deleted sec. 68 additions as investors had sufficient net worth to make investments

INCOME TAX : Where assessee-company received share capital/share premium from various entities and assessee had submitted share application form, copy of share certificates, copy of board resolution, certificate of incorporation…

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SEBI further extends timelines for compliance with regulatory requirements by trading members

In view of the prevailing situation due to Covid-19 pandemic and representation received from Stock Exchanges, the SEBI has decided to extend the timelines for compliance with the regulatory requirements…

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HC convicts accused u/s 138 for dishonouring cheque issued against refund of amount accepted for sale of land

FEMA amp; BANKING : Where accused accepted an amount from complainant for purchase of land but there was wo such land and cheques issued by accused for refund were dishonoured,…

Continue ReadingHC convicts accused u/s 138 for dishonouring cheque issued against refund of amount accepted for sale of land