Day: February 28, 2019
Basic salary for PF deduction include allowances unless it is shown that employee had earned the extra amount beyond normal work which was otherwise required of them- SC ABCAUS Case Law Citation:ABCAUS 2807 (2019) (02) SC Important Case Laws Cited/relied upon by the parties Bridge and Roof Co. (India) Ltd. vs. Union of India, (1963) 3 SCR 978,Kichha …
Challenge to the vires of PMLA Act 2002 on being passed as Money Bill dismissed as Petitioner had no locus, being not aggrieved and on account of delay ABCAUS Case Law Citation: ABCAUS 2806 (2019) (02) HC Important Case Laws Cited/relied upon by the parties Justice K.S. Puttaswamy …
India and Brunei sign Agreement for the Exchange of Information and Assistance in Collection with respect to Taxes (TIEA) The Government of Republic of India and the Government of His Majesty the Sultan and Yang Di-Pertuan of Brunei Darussalam signed an Agreement for the Exchange of Information and …
Income Tax Department hits at terror financing activities in J&K Region; Conducts sensitive search action at various places. As per the Press Release of the Ministry of Finance, the head of a prominent organisation allegedly indulging in anti-national activities alongwith his associates were covered in a sensitive search …
Rule 12B of Excise Rules 2002–Aggregate of all clearances exceeding the limit prescribed in the exemption notification was liable to duty – Supreme Court ABCAUS Case Law Citation: ABCAUS 2805 (2019) (02) SC Important Case Laws Cited/relied upon by the parties Gurupad Khandappa Magdum v. Hirabai Khandappa Magdum …
The ICAI has decided to waive off 50 % fee of wards of Indian Forces, if they join CA course through Commerce Wizard. President condemns Pulwama attack CA Prafulla P. Chhajed, 67th President, ICAI has inform that ICAI-ARF recently held a meeting with Group Captain Sameer S Ali …
Banning of Unregulated Deposit Schemes-Deposits by cooperative society from members, attachment of bank accounts/property under SEBI Act deleted The Banning of Unregulated Deposit Schemes Ordinance, 2019 had been promulgated to curb illicit deposits taking activities. The Ordinance bans Deposit Takers from promoting, operating, issuing advertisements or accepting deposits …
CBDT promotes 70 officers in the grade of Assistant Commissioner of Income Tax on ad-hoc basis for the vacancy year 2018 for a period of one year F.No. A-32013/5/2018- Ad.VI Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) ***** Office Order No. …
