Day: July 9, 2018
Specified securities for investment by Trust-Minimum AA rating required for listed debt securities, banks Basel III Tier-I bonds & infrastructure debt instruments MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 9th July, 2018 S.O. 3364(E).—In exercise of the powers conferred by section 20 of the Indian …
No disallowance u/s 36(1)(iii) can be made for cash-in-hand over the certain period of time unless cogent material is brought to show that it was utilized for undisclosed purpose – ITAT ABCAUS Case Law Citation: ABCAUS 2405 (2018) 07 ITAT The instant appeal by the assessee was directed …
Non Satisfaction of AO to suo moto disallowance by assessee u/s 14A has to be an objective satisfaction with notice and opportunity to assessee-Supreme Court dismisses Revenue’s SLP ABCAUS Case Law Citation: ABCAUS 2404 (2018) 07 SC The assessee was a limited company. In its Return of Income for the relevant Assessment Year it had on its …
ICAI introduces UDIN to be generated for documents-certificates issued by CAs. The UDIN shall be registered with UDIN portal. FAQ and Guide Unique Documents Identification Number (UDIN) is a unique number which is to be generated for every document certified / attested by practicing chartered accountants and will …
Unexplained cash credit addition u/s 68 for house constructed deleted on the basis of cash in hand balance in balance sheet filed along with return ABCAUS Case Law Citation: ABCAUS 2403 (2018) 07 ITAT The instant appeal had been filed by the assessee against the Order of the …
Companies Authorised to Register Second Amendment Rules 2018. Minimum 2 members required. Companies with less than 7 members to be registered as private company Ministry of Corporate Affairs Notification New Delhi, dated 05.07.2018 G.S.R._(E). – In exercise of the powers conferred by sub-sections (1) and (2) of section …
Commencement of few sections of Companies (Amendment) Act, 2017 The MCA has notified the commencement date of following sections of Companies (Amendment) Act, 2017 Section Particulars Commencement date Section 15 Amendment to section 73 regarding amount to be deposited in bank in a deposit repayment reserve account 15th August …
Companies Acceptance of Deposits Amendment Rules 2018. Certificate of Statutory auditor in Form DPT-3, Form of Advertisement in DPT-1 Government of India Ministry of Corporate Affairs Notification New Delhi, dated, 05.07.2018 G.S.R. (E). – In exercise of the powers conferred by section 73 and section 74 read with …
Satisfaction of charge to be filed with ROC within 300 days in Form No.CHG-4 along with the fee. MCA enhances the period to 300 days from 30 days Government of India MINISTRY OF CORPORATE AFFAIRS Notification New Delhi, 5th July, 2018 G. S. R. ……….. (E).—In exercise of the …
