UDIN by CAs can be generated within 30 days of signing of Audit Report as against 15 days Recently ICAI had issued UDIN notification prescribing timeline for all certificates, GST/Tax Audit Reports & Attestation functions. As per the said Notification, w.e.f. 1st July, 2019 UDIN is compulsory for …
MCA 23 FAQs on DIR-3 KYC. Read updated and revised FAQs as on date 1. Who is required to file DIR-3 KYC form? For Financial year 2018-19 – Any person who has been allotted “Director Identification Number (DIN/DPIN)” on or before 31st March 2018 and the status of …
Reference u/s 144BA to declare an arrangement as impermissible avoidance agreement to be made to the approving panel in Form No 3CEIA MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES)NOTIFICATION New Delhi, the 17th September, 2019 (INCOME-TAX) G.S.R. 662(E).—In exercise of the powers conferred by sub-sections (18) …
Diversion and Transfer/Postings of IRS to National e-Assessment Centre (NeAC) and its Regional Centres (ReAC) due to e-assessment scheme 2019 With the e-assessment scheme 2019 kicking in from 12.09.2019, the various existing posts in various grades of Indian Revenue Services (IRS) are diverted to the newly created “National …
FCRA Registration-Affidavit must by each of office bearer and key functionary and member individually. Limit increased for articles gifted for personal use. MINISTRY OF HOME AFFAIRS NOTIFICATION New Delhi, the 16th September, 2019 G.S.R. 659(E).—In exercise of the powers conferred by section 48 of the Foreign Contribution (Regulation) …
Addition u/s 68 where return is filed under presumptive section 44AF deleted. Addition can not be made based on entries in bank statement ABCAUS Case Law Citation:ABCAUS 3150 (2019) (09) ITAT Important case law relied upon by the parties:CIT Bihar vs. Bihari Bros (P) Ltd Addition u/s …
Reference u/s 144BA to declare an arrangement as impermissible avoidance agreement to be made to the approving panel in Form No 3CEIA MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES)NOTIFICATION New Delhi, the 17th September, 2019 (INCOME-TAX) G.S.R. 662(E).—In exercise of the powers conferred by sub-sections (18) …
Diversion and Transfer/Postings of IRS to National e-Assessment Centre (NeAC) and its Regional Centres (ReAC) due to e-assessment scheme 2019 With the e-assessment scheme 2019 kicking in from 12.09.2019, the various existing posts in various grades of Indian Revenue Services (IRS) are diverted to the newly created “National …
Addition u/s 68 where return is filed under presumptive section 44AF deleted. Addition can not be made based on entries in bank statement ABCAUS Case Law Citation:ABCAUS 3150 (2019) (09) ITAT Important case law relied upon by the parties:CIT Bihar vs. Bihari Bros (P) Ltd Addition u/s …
Biggest ever pan-India operation against fraudulent claim of IGST refund by exporters A biggest ever pan-India joint operation was carried out jointly by Directorate General of GST Intelligence and Directorate General of Revenue Intelligence against fraudulently claiming refund of IGST by exporters DGGI & DRI crackdown …
Deptt. to adjudicate SCNS no issued by proper officers (DRI, DGCEI, SIIB, etc) pertaining to demand prior to 08.04.2011 in the light of SC Stay order F.No.276/104/2016-CX.8A (Pt.)Government of IndiaMinistry of FinanceDepartment of Revenue(Central Board of Indirect taxes & Customs)Legal Cell***** Wing 5 ‘C’ HUDCO-VISHALA BuildingBhikaji Cama Place, …
CBIC waives late fee for filing GSTR-1, GSTR-6 for month of July 2019 if filed till 20.09.2019 Government of IndiaMinistry of Finance(Department of Revenue)Central Board of Indirect Taxes and Customs Notification No. 41/2019 – Central Tax New Delhi, the 31st August, 2019 G.S.R. (E).- In exercise of the …
MCA 23 FAQs on DIR-3 KYC. Read updated and revised FAQs as on date 1. Who is required to file DIR-3 KYC form? For Financial year 2018-19 – Any person who has been allotted “Director Identification Number (DIN/DPIN)” on or before 31st March 2018 and the status of …
Costing Taxonomy 2019 for annual filing of CRA-4 (Cost audit report) for FY 2018-19 is under development-MCA Costing Taxonomy 2019 – MCA Advisory Costing Taxonomy 2019 to cater to the annual filing of CRA-4 (Cost audit report) for FY 2018-19 is under development. The companies which are required …
Revised AoC-4 Non-XBRL form due to amendment of Schedule III of CA 2013 to be available soon without additional fee-MCA Advisory The Central Government has made further amendments to Schedule III to the Companies Act, 2013 vide Notification dated 11th October 2018. As per the said notification, Division …
Addition u/s 68 where return is filed under presumptive section 44AF deleted. Addition can not be made based on entries in bank statement ABCAUS Case Law Citation:ABCAUS 3150 (2019) (09) ITAT Important case law relied upon by the parties:CIT Bihar vs. Bihari Bros (P) Ltd Addition u/s …
Activity of arranging placement for ex-servicemen as security personnel/guards in different organizations was charitable u/s 2(15) of the Income Tax Act ABCAUS Case Law Citation:ABCAUS 3149 (2019) (09) ITAT Important case law relied upon by the parties:Addl. CIT v. Surat Art Silk Cloth Mfrs. Association 121 ITR 1 …
Addition u/s 68 upheld as cash was deposited in bank by the loan creditor immediately before transfer and was poor being not an income tax assessee ABCAUS Case Law Citation:ABCAUS 3148 (2019) (09) HC Important case law relied upon by the parties:Commissioner of Income Tax versus Deen Dayal …
UDIN by CAs can be generated within 30 days of signing of Audit Report as against 15 days Recently ICAI had issued UDIN notification prescribing timeline for all certificates, GST/Tax Audit Reports & Attestation functions. As per the said Notification, w.e.f. 1st July, 2019 UDIN is compulsory for …
ICAI Revised FAQ on Presentation of Dividend and Dividend Distribution Tax Question: What is the presentation requirement as per Ind AS in India for dividend and dividend distribution tax thereon? Response: Presentation of Dividend The paragraphs 35 and 36 of Ind AS 32, Financial Instruments: Presentation, reproduced hereunder …
Last date extended for submission of ICAI online MEF Application Form for 2019-20 to 20.09.2019 and 30.09.2019 for Jammu & Kashmir Considering the requests of Members, ICAI has decided to extend the last date for submission of online Multipurpose Empanelment Form for the year 2019-20 till 20th September, 2019. …
ABCAUS Excel Depreciation Calculator FY 2018-19 under Companies Act 2013 as per Schedule-II Version 07.10 Dear Friends, The maiden ABCAUS Excel Companies Act 2013 Depreciation Calculator was first launched in March, 2015. I am so glad to publish the much awaited utility today. The ABCAUS Depreciation calculator for …
Excel Challan 280 FY 2019-20 AY 2020-21 with database facility. Download ABCAUS Income Tax payment Challan No. ITNS 280 This excel Challan 280 for payment of Income Tax should be used for making payment of income tax on companies (corporation tax) or income tax other than companies. This challan …
Excel Income Tax TDS Challan ITNS-281 with database facility This excel based auto Challan ITNS 281 should be used for deposit of Tax Deducted at Source (TDS) on any heads of income or for deposit of Tax Collected at Source (TCS) by both companies (company deductees) or by …
MCA inviting online applications for the post of Judicial Member and Technical Members in the NCLT. Last date forsubmission is 10.10.2019 at 05.00 PM. Ministry of Corporate Affairs has invited applications for the post Judicial Member and Technical Members in the National Company Law Tribunal (NCLT). The number …
Empanelment to act as ICAI observers for November 2019 CA Examination ICAI is empanelling its members (chartered accountants) to act as Observers for the forthcoming November-2019 Chartered Accountants Examinations scheduled as under: Foundation, Intermediate (IPC), Intermediate and Final exams (Old and New scheme, PQC) From 1st Nov 2019 …
Bank of Baroda RFP for appointment of Concurrent Auditor 2019-20 Appointment of -1- Concurrent Auditor to carry out Concurrent Audits of Branches/RLBO/CBOs/TFBO/CPC/ Other Units For each of the following Zones of Bank of Baroda Namely Ahmedabad Zone (Group I), Ahmedabad Zone (Group II), Meerut Zone (earlier Bareilly), Mangaluru …
