Month: January 2019
CBDT Circular on TDS from salaries during FY 2018-19 u/s 192. Important points to be considered by employers/DDOs CBDT has issued circular no. 1/2019 dated 1st January, 2019 on income tax deduction from salaries during the financial year 2018-19 under section 192 of the Income-tax Act, 1961 As per …
CIT(A) direction to initiate fresh reassessment proceeding after deciding assessee’s objections set aside as reassessment was bad in law ABCAUS Case Law Citation: ABCAUS 2692 (2019) (01) HC Important Case Laws Cited/relied upon: Multiplex Trading & Industrial Co. Ltd. 170 (Delhi). G.K.N Driveshafts (India) Ltd. v. ITO: (2003) …
Procedure Formats and Standards for issue of Physical and e-PAN by Income Tax Department or Authorised PAN Service providers In pursuance of the amended Sub-rule (6) to rule 114 of Income Tax Rules, 1962 notified vide- notification G. S. R. No. 1128( E) dated 19.11.2018 the Principal Director …
Execution of sale deed by order of High Court would relate back to the date of original agreement to sale with benefit of cost indexation from said date ABCAUS Case Law Citation:ABCAUS 2692 (2019) (01) HC Important Case Laws Cited/relied upon:ACIT vs. Rajesh Jhaveri Stock Brokers Pvt. Ltd., …
Electronic sealing for deposit/ removal of goods from Customs bonded warehouses deferred Sine die. Custom Circular 19/2018-Customs dated 18th June, 2018, provided for RFID-sealing of goods deposited and removed from Custom Bonded Warehouses. The implementation of the said circular was last time deferred vide Circular No. 41/2018 to 1st …
RBI permits one-time restructuring of existing loans to MSMEs RBI has decided to permit a one-time restructuring of existing loans to MSMEs that are in default but ‘standard’ as on January 1, 2019, without an asset classification downgrade. As per Press Release of RBI, the issue of restructuring …
Extension of last date of filing FCRA Annual Returns for FY 2017-18 to 31.03.2019 F. No. 11/21022/58(370)/20 18-FCRA(MU) Government of India Ministry of Home Affairs Foreigners Division (FCRA Wing) First Floor, Major Dhyan Chand National Stadium, India Gate Circle, New Delhi-11 0002. Dated: 29th December, 2018 PUBLIC NOTICE Subject:- …
IBBI publishes revised syllabus, format and frequency of Valuation Examination to be conducted from 1st April, 2019 The Central Government notified the commencement of Section 247 (relating to valuers) of the Companies Act, 2013 with effect from 18th October, 2017. It also notified the Companies (Registered Valuers and Valuation) Rules, …
GST rate for Sprinkler and Drip Irrigation System including laterals. Circular No. 81/55/2018-GST F.No.354/408/2018-TRUGovernment of IndiaMinistry of FinanceDepartment of Revenue(Tax Research Unit)***** North Block, New DelhiDated, 31st December, 2018 To,Principal Chief Commissioners/ Principal Directors General,Chief Commissioners/ Directors General,Principal Commissioners/ Commissioners of GST and Central Tax (All), Madam/ Sir, …
Notifications and Orders issued based on the recommendations of the 31st GST Council meeting held on 22nd December 2018. Central Tax Notifications Notification No. Particulars 79/2018-Central Tax ,dt. 31-12-2018 Click Here >> Seeks to amend notification No. 2/2017 – Central Taxes dated 19.06.2017. 78/2018-Central Tax ,dt. 31-12-2018 Click …
