Page Contents
Query: – Our query is whether we can file Annual filing forms with the ROC annexing Financial statements (Balance sheet & Statement of Profit & Loss Account) with (Sd/-) as signature of directors. Please guide.
Answer: No, duly stamped & signed Financial Statements by the directors of Company (including Auditor’s Report, Board Report with all annexures) is required to be attached with the ROC forms.
Claim of refund – deemed fiction of duty paid under protest – period of limitation – Tribunal’s order would be applicable only to the period involved in those appeals and cannot be held to be applicable for the entire period in question. Inasmuch as neither any protest was lodged nor the Tribunal’s order covers the period in question.- (Bharat Heavy Electricals Ltd. Versus Commissioner of Central Excise Customs And Service Tax Hyderabad-I, CESTAT BANGALORE)
Denial of rebate claim – Bar of limitation – Export of goods – Petitioner’s claim for refund would be governed by rule 18 of the Central Excise Rules, 2002 read with the notification issued thereunder. The said notification does not provide any period of limitation for a claim for rebate. The rejection of the petitioner’s claim for rebate, therefore, is not well founded. (M/s JSL Lifestyle Limited Versus Union of India and others, PUNJAB AND HARYANA HIGH COURT)
In view of the assessment orders made in the case of the petitioner, the respondent authorities can no longer continue with the seizure of the ornaments in question and the same are required to forthwith be returned to the petitioner.- (KS JEWELERS PVT LTD. Versus DIRECTOR OF INCOME TAX, GUJARAT HIGH COURT).
Transaction of gift of shares to a private limited company – the assessee is not carrying out any business or profession, therefore, the provisions of section 28(iv) are not applicable.- (Shri Bhavarlal Hiralal Jain, Shri Atul Bhavarlal Jain, Shri Ashok Bhavarlal Jain and Shri Ajit Bhavarlal Jain, C/o. Jain Irrigation System Ltd. Versus Dy. CIT, Range-I, Jalgaon, ITAT PUNE)
You may like a few other posts
GST Return compliances calendar- Nov 2020
SALIENT FEATURES OF NEW GST SYSTEM IN INDIA
Key points of 42nd GST council Meeting headed By FM N. Sitharaman
GSTN enable auto-populated in the E-invoice information into GST Return -1
FOR FURTHER QUERIES CONTACT US:
E: singh@carajput.com 9-555-555-480
Loan Against Shares Interest Rates Explained: What Investors Should Know In India’s dynamic financial market, investors often look for flexible… Read More
Why and How to Avoid Useless Expenses This Diwali – A Nature Lover’s Perspective October 2025 Diwali, the festival of… Read More
How to manage repayments effectively on a personal loan of three lakhs Taking a Rs. 3 lakh personal loan can… Read More
Procedure of Member’s Voluntary Winding Up under the Companies Act, 1956 A Members’ Voluntary Winding Up is a mode of… Read More
Top 10 Financial Transactions That Can Trigger Income Tax Scrutiny : The Income Tax Department keeps a close watch on… Read More
Overview of the Internal Audit Iceberg Concept Apache Iceberg introduces a powerful feature called Integrated Audits, which allows organizations to… Read More
