Daily Archive: Thursday, March 30, 2017

Disclosure of SBN in company balance sheet and auditors report made compulsory

Author: | Categories: Companies Act 3 Comments
Disclosure of SBN in company balance sheet and auditors report made compulsory Company to disclose details of SBN in balancesheet held and transacted during demonetisation period from 08-11-2016 to 30-12-2016  MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 30th March, 2017 G.S.R. 308(E).—In exercise of the powers conferred by sub-section (1)

Applicability of threshold exemption limits to combinations. methodology to be adopted for calculating the relevant assets and turnover – MCA

Author: | Categories: MCA No comments
Applicability of threshold exemption limits to combinations. methodology to be adopted for calculating the relevant assets and turnover – MCA  Ministry of Corporate Affairs issues fresh notifications wherein, the Central Government intends to provide clarity on the applicability of the threshold exemption limits to all forms of combinations; Clarity

Related Party Transactions special resolution requirement revised . MCA Notification

Author: | Categories: Companies Act No comments
Related Party Transactions special resolution requirement revised. Proviso to section 188(1) enlarged making it 10% or more. MCA Notification Section 188 of the Companies Act, 2013 deals with Related Party Transactions. Sub section (1) provides the type of transactions for which which a company can not enter without the

Cash book not found at search produced later was eye wash. Allahabad High Court rejects contention that it was with accountant

Author: | Categories: Income Tax, ITAT, Judgments No comments
Cash book not found at search produced later was eye wash. Allahabad High Court rejects contention that it was with accountant as generally users take only data  ABCAUS Case Law Citation: ABCAUS 1192 (2017) (03) HC The Substantial Question of Law raised: The appeal was admitted inter alia on

ITBA Functionality for processing Paper ITRs for AY 2016-17 available from 03.04.2017 Launch of ITBA-ITR Processing Module Phase-1

Author: | Categories: Income Tax No comments
ITBA Functionality for processing Paper ITRs for AY 2016-17 available from 03.04.2017  Launch of IT Business Application -ITR Processing Module Phase 1  ITBA-ITR Processing Instruction No.1 DIRECTORATE OF INCOME TAX (SYSTEM) ARA Center, Ground Floor, E-2, Jhandewalan Extension New Delhi – 110055 F.No. System/ITBA/Instruction/ITR/112/2016-17          

PMGKY 2016-Income Tax Offices open till midnight 31-03-2017 for filing declarations under PMGKY Scheme as per CBDT direction

Author: | Categories: Income Tax No comments
PMGKY 2016-Income Tax Offices open till midnight 31-03-2017 for filing declarations under PMGKY Scheme as per CBDT direction F.No.225/233/2016/ITA.II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block, New Delhi Dated the 30th of March, 2017 To All Principal Chief Commissioners of

Disposal of seized-confiscated cigarettes of foreign origin. Guidelines for disposing of illicitly imported cigarettes

Author: | Categories: Custom No comments
Disposal of seized-confiscated cigarettes of foreign origin. Guidelines for disposing of illicitly imported cigarettes Circular No. 09/2017 – Customs F.No. 711/07/2003-Cus (AS) Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs (Anti-Smuggling Unit) *** New Delhi, dated the 29th March, 2017 To All
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