Chapter 1 Background 1. Meaning of money laundering:- The term “money laundering” is said to have originated from the Mafia ownership of Laundromats (a self-service laundry service mark Laundromat) in the United States. Drug lords and gangsters in the 1950s showed the illegally earned money
Office Order SUB: SYSTEM OF HEARING OF MATTERS BEFORE DELHI HIGH COURT WITH EFFECT FROM 19.04.2021 In continuation of this Court’s Office Order No.223/RG/DHC/2021 dated 8.4.2021, keeping in view the alarming rise in the Covid-19 cases in the NCT of Delhi, it has been ordered
Case Covered: M/s. I-tech Plast India Pvt. Ltd. Facts of the Case: The applicant M/s. I-tech Plast India Pvt.Ltd., Survey No.108-109, Bhavnagar-Rajkot Highway, Shampara, Bhavnagar is engaged in the business of manufacturing and supply of toys made up of plastic and/or rubber or both wherein
MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF TRADE REMEDIES) NOTIFICATION FINAL FINDINGS New Delhi, the 16th April 2021 Case No. AD-OI-06/2020 Subject: Anti-Dumping investigation concerning imports of “Copper & Copper Alloy Flat Rolled Products” originating in and exported from China PR,
To, The Principal Additional Director General, Directorate of Revenue Intelligence (DRI), New Delhi Sir, Sub:- Hon’ble Supreme Court’s larger bench judgement dated 09.03.2021 in the case of M/s. Canon India Private Limited; Request to issue suitable advisory- reg. Reference is invited to your office letter
The Finance Bill, 2021 (‘the Bill’) presented by the Finance Minister on February 01, 2021, has finally received the assent of the President on March 28, 2021, and with that, the Bill stood enacted and has come into existence as the ‘Finance Act, 2021’
Can a recipient taxpayer be denied the benefit of ITC on the basis of the non-availability of the details of the tax invoice or debit note, etc. of the supplier-taxpayer in the Form GSTR-2A or Form GSTR-2B on the GSTN Portal? This issue has
The Goods and Services Tax (GST) cannot be expected to be completely insulated from the adverse impact of the tax cascade prevalent in any Indirect tax system. However, with a view to mitigating – if not completely eliminate – this adverse impact of the
The issue whether Members‟ Clubs, Housing Societies or Trade and Industry Chambers / Associations come within the scope of service tax or VAT has always been mired into the legal dispute. The “principle of mutuality” has been at the roots of this dispute, based
Amendment To Schedule-III Applicability: Applicable on All Companies for the Financial Year on or after 01st April 2021 i.e, for the Financial Statements ending as on 31St March 2020 (F/Y 2021-22) Purpose: To provide more transparency; To align the Companies Financial Statements in accordance with
