Daily Archive: Tuesday, September 6, 2016

Fall in GP ratio or non-incurring basic business expenditure like travelling, telephone salary etc. not reasons for rejecting books of accounts us 145

Author: | Categories: Income Tax, ITAT, Judgments No comments
The marginal fall in GP ratio compared to preceding year and non-incurring of expenditure like travelling, telephone, salary, etc. are not the relevant reasons for rejecting of books of accounts under section 145 of the Income Tax Act – ITAT ABCAUS Case Law Citation: 1010 2016 (09) ITAT Brief

 

Investor Education and Protection Fund IEPF unpaid dividend account effective date 07-09-2016 for u/s 124/125-MCA Notification

Author: | Categories: Companies Act No comments
Investor Education and Protection Fund IEPF unpaid dividend account effective date 07-09-2016 for u/s 124/125. MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 5th September, 2016 S.O. 2866(E).—In exercise of the powers conferred by sub-section (3) of section 1 of the Companies Act, 2013 (18 of 2013), the Central