The Lord's Consultancy

31/12/2022

Our wishes for you are not limited to just the next year but to all the years that you experience in your lifetime and in your reincarnations! Have a fun-filled, smashing, rocking, and happening New Year, and Goodbye 2022.

The old year has gone. Let the dead past bury its own dead. The New Year has taken possession of the clock of time. All hail the duties and possibilities of the coming twelve months

My last Post of this Year 2022

HAPPY NEW YEAR 2023 😊🙏

29/10/2022

payments through DRC-03 under CGST regime is not a valid mode of payment for making pre-deposits under section 35F of the Central Excise Act, 1944 and Section 83 of Finance Act, 1994 read with section 35F of the CEA. There exists a dedicated CBIC-GST Integrated portal, https://cbic-gst.gov.in (Board’s Circular No. 1070/3/2019-CX dated June 24, 2019 refers in this regard), which should only be utilized for making pre-deposits under the Central Excise Act, 1944 and the Finance Act, 1994.
Our team discusses this significant Instruction:
https://www.tlctaxlaw.com/post/instructions-on-pre-deposit-payment-method-for-cases-pertaining-to-central-excise-and-service-tax

30/09/2022

CBDT extends due date for filing of various reports of audit for the Assessment Year 2022-23 under the Income-tax Act,1961

09/06/2022

12/05/2022

Calcutta HC: Order U/S 36 of A&C Act is Interim Order, Can be Modified on Basis of Financial Hardship - (10 May 2022)
ARBITRATION

Calcutta High Court has held that financial hardship and financial indebtedness are sufficient grounds to modify an order passed under Section 36 of the Arbitration and Conciliation Act, 1996 to direct the debtor to deposit the awarded amount by way of cash security.

11/05/2022

Deliberated a webinar on an in-depth understanding of Supreme Court judgment in the case of UOI vs. Ashish Agarwal via Civil Appeal No. 3005/2022, the defenses available with the taxpayers.

05/05/2022

The Supreme Court in its recent judgment of UOI vs. Ashish Agarwal via Civil Appeal No. 3005/2022, decision dated 4 May 2022, has sought to strike a balance between the amendments made by the Finance Act, 2021 to the scheme of re-assessment and the extension of period of limitation by the Taxation and other Laws (Relaxation and Amendment of Certain Provision) Act, 2020.

TLC brings to you a webinar for an in-depth understanding of judgment, the immediate implications, the defenses still available with the taxpayers.