Month: January 2019
ICAI Revised 2019 edition of the Guidance Note on Audit of Banks Section A – Statutory Central Audit. The Guidance Note on Audit of Banks is issued by the Auditing and Assurance Standards Board (AASB) of ICAI every year which provide the detailed and updated guidance to the …
Addition u/s 69C for unexplained expenses on foreign tour along with spouse deleted by Tribunal as it was part of the sponsored dealership entourage ABCAUS Case Law Citation: ABCAUS 2725 (2019) (01) ITAT The assessment was completed under section 153A read with section 143 (3) of the Income …
Cash found during search belonging to parents- ITAT deleted the addition on account of cash belonging to the parents of the assessee found during search ABCAUS Case Law Citation: ABCAUS 2724 (2019) (01) ITAT The assessee was an individual and search and seizure operation u/s 132 of the …
No penalty could be levied on the difference resulted due to adoption of different GP rates made on estimate basis ABCAUS Case Law Citation: ABCAUS 2723 (2019) (01) ITAT Important Case Laws Cited/relied upon: India vs. Dharamendra Textiles 306 ITR 277 ; CIT vs. Sangrur Vanaspati Mills Ltd …
Writing of Covered Call Options by Mutual Fund Schemes-Norms for investment and disclosure by mutual funds in derivatives. SEBI Circular CIRCULAR SEBI/HO/IMD/DF2/CIR/P/2019/17 January 16, 2019 To, All Mutual Funds (MFs)/ Asset Management Companies (AMCs)/ Trustee Companies/ Boards of Trustees of Mutual Funds Sir/Madam, Subject: Norms for investment and …
Requirement of Unique Id registration with DARPAN Portal made optional for all NGO seeking FCRA Services No. II/21022/58(370)/2018-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-110002 Dated: 15th January, 2019 PUBLIC NOTICE Subject:- Unique …
Powers and functions to be performed by officers in the grade of CCIT in 15 Cites. Order u/s 120(1) of the Income-tax Act, 1961 F.No. 187/01/2019-ITA-1 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes ITA-I Division North Block, New Delhi, Dated the …
ICAI Convocation 2019 to award COP to 8360 newly enrolled members during June 2018 to November 2018 ICAI is arranging Convocation 2019 on 1st February, 2019 (Friday) at Mumbai, Ahmadabad, Pune, Chennai, Hyderabad, Kolkata, Jaipur, Kanpur and Delhi simultaneously. Around 8360 newly enrolled members who have been granted …
Deemed export for supply of goods by a registered person against Advance Authorisation-CA certificate to be submitted, other conditions GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) Notification No. 1/2019-Central Tax New Delhi, the 15th January, 2019 G.S.R. —–(E).- In exercise of the powers conferred by section …
No disallowance u/s 54EC for delay in cheque clearance for investment in REC Bonds which was attributable to the banking channel – ITAT ABCAUS Case Law Citation: ABCAUS 2722 (2019) (01) ITAT This appeal by the assessee was directed against the order of the Commissioner of Income Tax …