Month: May 2018
Section 50C was not applicable on sale of property to tenant who occupied it on a meager rent for fifty years which itself amounted to encumbrance on the property-ITAT The Appellant assessee had filed the instant appeal challenging that the Assessing Officer (AO) had wrongly and illegally calculated …
e-way bill system grievance redressal Officers name and contact numbers Central Board for Indirect Taxes and Custom (CBIC) has released list of grievance redressal Officers and their contact numbers for e-way bill system under rule 138D of Central/ State GST Rules, 2017. The list include, name of the …
Companies Specification of Definitions Details Amendment Rules 2018 MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, 7th May, 2018 G.S.R._(E)- In exercise of the powers conferred under (76), sub-clause (iii) of clause (77) of section 2, read with of section 469 of the Companies Act, 2013 (18 of 2013), …
Signing of share certificate by two directors or by company secretary and one director wherever CS is appointed – Notification GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFA IRS NOTIFICATION New Delhi, 10.04.2018 G.S.R. (E).– In exercise of the powers conferred by sub-section s (1) and (2) of section …
Sections of Companies Amendment Act 2017 applicable from 7th May, 2018 – Read notification The Central Government has issued notification to make the following provisions of the Companies (Amendment) Act, 2017 to be applicable from the 7th May, 2018: SI.No. Sections 1. Clause (i) and clause (xiii) of section …
Board meeting through video conferencing/audio-visuals by any director possible where physical quorum is present-MCA GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS Notification New Delhi , 7th May, 2018 G.S.R. (E).– In exercise of the powers conferred by sections 173, 177, 178 and section 186 read with section 469 of …
Auditor firm to be liable for fraudulent act of partners-MCA amends Companies (Audit and Auditors) Rules, 2014, Rule 10A for reporting existence of adequate internal financial controls systems diluted GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS Notification New Delhi, the 7th May, 2018 G.S.R. ….(E)- In exercise of the …
Independent directors relatives also should not be indebted /guarantor to company for Rs. 50 Lakhs or more Change in directors appointment Rules MCA has notified Companies (Appointment and Qualification of Directors) Second Amendment Rules, 2018 by making amendment to the Companies (Appointment and Qualification of Directors) Rules, 2014. …
IBBI bans an Insolvency Professional for one year for quoting exorbitant fee and collusion with corporate debtor. The IP was believed to be the wife of the CA of the corporate debtor. ABCAUS Case Law Citation: ABCAUS 2326 (2018) (05) IBBI An operational creditor had filed an application …
Finance Ministers Award for Income Tax Day on 24th July 2018 The Central Board for Direct Taxes (CBDT) has asked all Pr. CCsIT/Pr. DGsIT to send nominations for the Finance Ministers Award for Income Tax Day on 24th July 2018. The award had been constituted last year and it was conferred to 22 …