Pendency of criminal proceedings u/s 498A of IPC makes a person not fit and proper to become an Insolvency Professional. ABCAUS Case Law Citation: ABCAUS 2839 (2019) (03) IBBI In the instant case, the Insolvency and Bankruptcy Board of India (IBBI/Board) rejected the application for registration as an …
Income Tax/Sales Tax Department and local authority are Operational Creditor under Insolvency and Bankruptcy Code, 2016 – NCLAT ABCAUS Case Law Citation: ABCAUS 2838 (2019) (03) IBBI Important Case Laws Cited/relied upon by the parties Central Bank of India vs. State of Kerala & Ors.─ (2009) 4 SCC …
Transporters/Trucks owners can be proceeded against under UPGST Act despite not doing business in respect of sale/ purchase of goods – High Court ABCAUS Case Law Citation: ABCAUS 2837 (2019) (03) HC In the instant case, the petitioners were the Truck owners who challenged the individual notices issued …
Rate of Exchange notified for conversion of the Foreign Currencies into Indian currency or vice versa with effect from 21st March, 2019 In exercise of the powers conferred by Section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Central Board …
The “Yeddy Diaries” entries prima-facie of doubtful nature- CBDT refutes media report The Congress today demanded an investigation after a report was published in news magazine “The Caravan” alleging payoffs by former Karnataka Chief Minister BS Yeddyurappa to BJP’s national leaders, its central committee, and judges and advocates”. …
Extension of IGST/Compensation Cess exemption under Advance Authorisation, EPCG & EOU scheme upto 31.03.2020. Amendments to FTP 2015-2020 MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) NOTIFICATION No. 57 /2015-2020 New Delhi, the 20th March, 2019 Subject: Amendments to Foreign Trade Policy 2015-2020 …
The “Yeddy Diaries” entries prima-facie of doubtful nature- CBDT refutes media report The Congress today demanded an investigation after a report was published in news magazine “The Caravan” alleging payoffs by former Karnataka Chief Minister BS Yeddyurappa to BJP’s national leaders, its central committee, and judges and advocates”. …
Section 50C can be applied after claiming exemption u/s 54EC of the Income Tax Act. Any other interpretation would render the provisions redundant – High Court ABCAUS Case Law Citation: ABCAUS 2836 (2019) (03) HC Important Case Laws Cited/relied upon by the parties CIT Vs. Amarchand N. Shroff, (1963) 48 ITR 59 (SC) CIT Vs. Vadilal Lallubhai (1972) 86 ITR 2 (SC) K.P. …
No deemed dividend u/s 2(22)(e) when assessee not the beneficial owner of shares. Issue pending before larger bench of Supreme Court was not relevant – High Court ABCAUS Case Law Citation: ABCAUS 2835 (2019) (03) HC Important Case Laws Cited/relied upon by the parties Universal Medicare National Travel …
Transporters/Trucks owners can be proceeded against under UPGST Act despite not doing business in respect of sale/ purchase of goods – High Court ABCAUS Case Law Citation: ABCAUS 2837 (2019) (03) HC In the instant case, the petitioners were the Truck owners who challenged the individual notices issued …
Extension of IGST/Compensation Cess exemption under Advance Authorisation, EPCG & EOU scheme upto 31.03.2020. Amendments to FTP 2015-2020 MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) NOTIFICATION No. 57 /2015-2020 New Delhi, the 20th March, 2019 Subject: Amendments to Foreign Trade Policy 2015-2020 …
New GST rates on real estate sector-GST Council 34th meeting decisions. New tax rate of 1% and 5% without ITC. conditions & Transition for ongoing projects GST Council in the 34th meeting held on 19th March, 2019 at New Delhi discussed the operational details for implementation of the recommendations made …
Difficulties in filing e-form RD-1 pending revised version. MCA advises RDs to process form change in financial year/conversion into private company General Circular No. 03/2019 F. No. 01/13/2013-CL-V-Pt-II GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS 5th Floor, ‘A’ Wing Shastri Bhawan, Dr. R.P. Road, New Delhi Dated, 11.03.2019 …
INC-32 (SPICe) fee waived for companies with nominal capital up to Rs. 15 lakhs. Companies (Incorporation) Second Amendment Rules, 2019 MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 6th March, 2019 G.S.R.180(E).—In exercise of the powers conferred by sub-sections (1) and (2) of section 469 of the Companies …
MCA notifies persons who can file application for initiating CRIP against corporate debtor on behalf of financial creditor MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 27th February, 2019 S.O. 1091(E).—In exercise of the powers conferred by sub-section (1) of section 7 of the Insolvency and Bankruptcy Code, …
Pendency of criminal proceedings u/s 498A of IPC makes a person not fit and proper to become an Insolvency Professional. ABCAUS Case Law Citation: ABCAUS 2839 (2019) (03) IBBI In the instant case, the Insolvency and Bankruptcy Board of India (IBBI/Board) rejected the application for registration as an …
Transporters/Trucks owners can be proceeded against under UPGST Act despite not doing business in respect of sale/ purchase of goods – High Court ABCAUS Case Law Citation: ABCAUS 2837 (2019) (03) HC In the instant case, the petitioners were the Truck owners who challenged the individual notices issued …
Section 50C can be applied after claiming exemption u/s 54EC of the Income Tax Act. Any other interpretation would render the provisions redundant – High Court ABCAUS Case Law Citation: ABCAUS 2836 (2019) (03) HC Important Case Laws Cited/relied upon by the parties CIT Vs. Amarchand N. Shroff, (1963) 48 ITR 59 (SC) CIT Vs. Vadilal Lallubhai (1972) 86 ITR 2 (SC) K.P. …
2nd phase of ICAI mandatory UDIN for GST & Tax Audit Reports starts from 01.04.2019. ICAI has made the Unique Document Identification Number (UDIN) mandatory for all the certificates issued by Chartered Accountants in the following phases: All Certification done by Practising CAs w.e.f. 1st Feb., 2019. All …
ICAI postpones CA exams for May 2019 to June 2019 in view of 17th Lok Sabha Elections Postponement of Chartered Accountant Examinations for May 2019 ICAI has announced that in view of Elections to the 17th Lok Sabha Parliamentary Constituencies across the country, the Chartered Accountant Examinations initially …
The ICAI has decided to waive off 50 % fee of wards of Indian Forces, if they join CA course through Commerce Wizard. President condemns Pulwama attack CA Prafulla P. Chhajed, 67th President, ICAI has inform that ICAI-ARF recently held a meeting with Group Captain Sameer S Ali …
Excel Auto Salary TDS Certificate Form 16 for AY 2019-20 Download Under Section 203 of Income tax Act, 1961, Every employer whether in Government sector or in private sector, is required to issue in form 16, a certificate for tax deducted at source (TDS) from salary. The Form …
Excel Form 10E-Salary Arrears Relief calculator AY 2019-20 for claiming rebate under section 89(1) of Income Tax Act 1961-Download As per section 89(1) of the Income Tax Act, 1961 relief for income tax has been provided when in a financial year an employee receives salary in arrears or …
Excel Auto 234ABC Interest Calculator for AY 2018-19 Download for Corporate and Non-corporate Assessees Section 234A, 234B and 234C of the Income tax Act, 1961 deals with interest for delay in ITR Filing or Short/Non deposit of Advance tax. Interest is payable under section 234A for delay in …
Bank of Maharashtra Concurrent Audit online empanelment FY 2019-20 FAQ (Points To be Noted): (1) Application once submitted will not be allowed to modify. (2) If any correction is needed in already submitted application then fresh application needs to be submitted (3) In case of multiple …
Andhra Bank Concurrent audit Online Empanelment of CA Firm FY 2019-20. last date for submission of application online is 10.03.2019 . ANDHRA Bank (A Govt of India Undertaking) Inspection & Audit Department Head Office, Koti, Sultanbazar 4th Floor, Hyderabad – 500 095 Phone:040-24683407/3422/3421/3411 e-mail: mis-insp@andhrabank.co.in Empanelment of Chartered Accountant firm for …
ICAI exam observers empanelment for CA Members at ICAI examination centres for the Chartered Accountants Exam May June 2019 Empanelment of CA Members to act as observers – ICAI Announcement The Schedule of Examinations is as under: Foundation, Intermediate (IPC), Intermediate and Final Examinations (Under Old and New …
