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[BREAKING]: ICAI extends Last Date for Payment of CA Membership / COP fee For the year 2021-22

CBIC exempts Import of COVID-19 Vaccine from Customs Duty [Read Notification]

IBBI to celebrate its 5th Annual Day on Oct 1st

DGFT extends deadline to install and operationalise Radiation Portal Monitors and Container Scanners in Designated Seaports

Emergency Credit Line Guarantee Scheme Scope expanded and Scheme extended

Payment of Sponsorship Fee paid to eligible Women for their Lifetime Achievements can’t be treated as Business Expenditure: ITAT [Read Order]

Electronic Gold Receipt to have Trading, clearing and settlement features akin to any Other ‘Securities’: SEBI

SEBI includes CMA to carry out Share Capital Reconciliation Audit [Read Circular]

CBDT extends the period for Admitting Settlement Applications

DGFT extends Foreign Trade Policy 2015-20 [Read Notice]

CA, CA Inter, B. Com vacancies in Maersk

GST applicable on Royalty paid on Tertiary Treated Water supplied to MAHAGENCO: AAR [Read Order]

#JusticeForCMAStudents oozing out on Social Media: ICMAI fails to Conduct CMA Exams

Vivek Kulkarni resigns from ICMAI Council [Read Notification]

Legitimate Tax Planning to minimise the Income Tax liability not illegal: ITAT [Read Order]

Govt. constitutes Two GoM Panels to rationalize GST Rate, Reform GST System, Review IT Tools and Interface available with Tax Officers [Read Office Memorandum]

Relief to Toyota: ITAT allows Income Tax Deduction of CSR Expenses towards provision of Toilet facilities in Govt. Schools [Read Order]

Clarification on refund of GST paid under wrong tax head in GST

Income Tax New E-Filing Portal: Know the list of New Services Available Now

Independent Building with More than One Residential Units eligible for Capital Gain Exemption, rules ITAT [Read Order]

Relief to Shell India: No TDS on consideration received from Resale / Use of Computer Software through EULAs/Distribution Agreements: ITAT [Read Order]

NABL is Charitable Society, eligible for Income Tax Exemption, reiterates ITAT

Amount of CGST, SGST, or IGST wrongly paid for Intra-State or Inter-State shall be Refunded within 2 years, clarifies CBIC [Read Circular]

GST: CBIC relaxes Requirement of Filing Job Work Declaration in Form GST ITC-04 [Read Notification]

Supreme Court suo moto withdraws Extension of Limitation Period for cases from Oct 2 [Read Order]

Gross Direct Tax Collections for FY 2021-22 register a growth of 47%

Department can’t allege Input Services are not common once Commissioner (Appeals) concludes Input Services are ‘Common’: Madras High Court [Read Judgment]

Govt. notifies Manner to issue Duty Credit for Goods Exported under RoDTEP Scheme [Read Notification]

Exporter has option to Combine Duty Credits to Carry Forward to create E-Scrip in Ledger within 1 year from Generation of Scroll in Customs Automated System: CBIC

GST payable on Amount Forfeited on account of Breach of Agreement of Sale of Land: AAR [Read Order]

Designated Committee not vested with discretion to reject Declaration filed on SVLDRS-1: Allahabad HC [Read Order]

No Section 153A Addition can be made in absence of Incriminating Materials found, Seized at the Time of Search: Delhi High Court [Read Order]

CA / CMA vacancy in Thomson Reuters

MCA extends Time for Holding of AGM for FY ended on March 31, 2021

Income Tax dept. Ought to maintain confidentiality of seized material from Newslaundry under Section 138 of Income Tax Act: Delhi HC

5% GST payable on Supply of Batteries for Use in Warships such as Submarines of Indian Navy: AAR [Read Order]

GST: Managerial, Leadership Services provided by Corporate Office to its Group Companies covered under ‘Supply of Service’, rules AAR

18% GST payable for Treated Water obtained from Sewage Treatment Plant: AAR [Read Order]

GST: Tripura HC allows Utilisation of Amount available in Electronic Credit Ledger as restrictions can’t be imposed for more than 1 year [Read order]

CA / CMA vacancy in Jio

CBDT notifies Gujarat Electricity Regulatory Commission eligible for Income Tax Exemption [Read Notification]

GST: CBIC issues clarification on Cut-off date for availing Input Tax Credit in Debit Notes [Read Circular]

GST: Physical Invoice need not be carried when E-Invoice has been issued, says CBIC [Read Circular]

ITAT deletes Addition by Holding Trading Liability to be existing liability as proceedings for Recoveries with respect of these amount was still in progress [Read Order]

ICAI extends last date to apply for ICAI Doctoral Scholarship Scheme 2021

Expenditure on Conversion of Convertible Debentures into Equity Shares is ‘Capital’ in Nature: ITAT

Relief to Infosys: ITAT deletes Assessment Order after Amalgamation [Read Order]

CA IPC / Intermediate July 2021 Exams Pass Percentage & Toppers

New GST Structure from 01.01.2022 to impact Restaurant Services

Buy Latest GST Ready Reckoner by CA Raman Singla