May, 2022 – Issue No. II

Stay granted since notice has been issued by inspecting officer who is not proper officer – Mad HC.

CBDT makes amendments in Rule 44E – Form of application for obtaining an advance ruling.

CBDT introduces Rule 2DCA – Computation of minimum investment and exempt income for the purposes of clause (23FE) of section 10 of the Act.


MCA has amended rules on issuing prospectus and allotting shares to ensure that the company discloses investments from countries with which India shares a land border.


The Tariff Rate Quotas (TRQ) under India–UAE CEPA and procedure for allocation and imports under given TRQs has been notified.

The Indian Tax Advisors