Month: July 2018
Companies (Accounts) Amendment Rules 2018-Board’s Report disclosure enhanced MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 31st July , 2018 G.S.R. (E).-In exercise of the powers conferred by section 134 read with section 469 of the Companies Act, 2013 ( 18 of 2013), the Central Government hereby makes …
Unearthing of Black Money-Prosecution, search, survey initiated by ITD under the relevant provisions of the Income Tax Act, 1961, during the last three FYs Minister of State for Finance, today, in written reply to a question in Rajya Sabha has given figures of proceedings initiated by the Income-tax Department against black …
Relief under the 89 of the Act is available qua a perquisite. Rule 21A and Form 10E do relate to the contribution in question – ITAT ABCAUS Case Law Citation: ABCAUS 2445 (2018) 07 ITAT The instant appeal was filed by the assessee against the CIT(A)’s action of …
Provisions of Companies (Amendment) Act, 2017 applicable from 27th July 2018. Companies to have registered office within 30 days u/s 12 of the Companies Act 2013 Government of India Ministry of Corporate Affairs Notification New Delhi, the 27th July, 2018 S.O………..(E).- In exercise of the powers conferred by subsection …
Procedure to be followed by nominated agencies importing gold/silver/ platinum under the scheme for ‘Export Against Supply by Nominated Agencies Circular No. 23/2018-Customs F.No. DGEP/G&J/22/2018 DIRECTORATE GENERAL OF EXPORT PROMOTION Ministry of Finance, Deptt. of Revenue 8th Floor, Tower-2, LIC, Jeevan Bharti Building Connaught Place, New Delhi -110001 …
Extension of time limit for filing GSTR-6 return by Input Service Distributor for the months of July 2017 to August 2018 till 30th day of September 2018 Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs Notification No. 30/2018 – Central Tax …
TDS 194C not applicable on payment by contractee to contractor of license fee. Supreme Court dismisses SLP of the Income Tax Department ABCAUS Case Law Citation: ABCAUS 2444 (2018) 07 SC The respondent assessee was granted a contract by IRCTC for providing catering service for which the assessee …
Draft GST simplified returns format-Key features of Monthly and quarterly returns. Draft GST returns and formats placed on Mygov.in portal for Stakeholder’s feedback. Note on Simplified Returns and Return Formats July, 2018 GST Council in its 27th meeting held on 4 thMay, 2018 had approved the basic principles …
Exemption notification should be interpreted strictly. Burden of proving applicability is on assessee who can not claim benefit of ambiguity-Supreme Court ABCAUS Case Law Citation:ABCAUS 2443 (2018) 07 SC This Constitution Bench was setup to examine the correctness of the ratio in Sun Export Corporation (Sun Export Case). …
The Companies Incorporation Rules 2014. declaration instead affidavit from subscribers & first directors. For the purpose of One Person Company, residence period to be reckoned from financial year. MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 27th July, 2018 G.S.R. 708(E).—In exercise of the powers conferred by section …