by CS Rajeev Rawat | Jan 12, 2022 | Information
In the AR Application by Wago (P.) Ltd. before Gujrat AAR The applicant was in the process of establishing its new factory in Gujrat and would be procuring various assets to install and commission them in its factory. It filed an application for advance ruling to know...
by CS Rajeev Rawat | Jan 12, 2022 | Income Tax
Due date for filing of audit reports & ITRs extended to February 15, 2022 & March 15, 2022 respectively: CBDTCircular no. 1/2022, dated 11-01-2022On consideration of difficulties reported by the taxpayers and other stakeholders due to COVID and in electronic...
by CS Rajeev Rawat | Jan 9, 2022 | Income Tax
The number is proposed to be increased to 38 by the Finance Bill, 2021. If all these provisions are projected in a table, they may look like a Periodic Table of Element. There are a few transactions or payments which may be covered under multiple provisions and to...
by CS Rajeev Rawat | Jan 9, 2022 | RBI
Circular no. RBI/2021-22/151 DOR.No.PRD.LRG.79/21.04.098/2021-22, Dated: 06.01.2022 With an objective to align guidelines with the Basel Committee on Banking Supervision (BCBS) standard, the RBI has decided to increase the threshold limit for deposits and other...
by CS Rajeev Rawat | Jan 9, 2022 | Cases
In the instant case, R2 being a purchaser of non-convertible debentures of company ITNL and having not received interest as undertaken by ITNL while issuing said debentures lodged a complaint before R1- Economic Offence Wing (EOW) under Tamil Nadu Protection of...