Month: March 2019
The assessee alone can decide whether to keep cash in locker or deposit in bank FDR. ITAT deleted addition made by AO u/s 69A rejecting explanation of assessee ABCAUS Case Law Citation:ABCAUS 2811 (2019) (03) ITAT Important Case Laws Cited/relied upon by the parties Rajendra Prasad Subhash Chand …
Depreciation on fixed assets classified as capital work in progress allowed in the revised return when corresponding income was taxed ABCAUS Case Law Citation: ABCAUS 2810 (2019) (03) ITAT Important Case Laws Cited/relied upon by the parties Kedarnath Jute Mills (82 ITR 363) KM Sugar Mills Ltd. (373 …
Aadhaar and Other Laws (Amendment) Ordinance 2019 promulgated by the President The Aadhaar and Other Laws (Amendment) Ordinance 2019 was necessitated as the Aadhaar and Other Laws (Amendment) Bill 2019 passed by the Lok Sabha (House of People) in January is still pending in the Rajya Sabha (Council …
One more opportunity given to employees of Public Sector Insurance Companies who joined on or before 28th June 1995 to opt for Pension Government decides to allow one more opportunity to employees of Public Sector Insurance Companies who joined on or before 28th June, 1995. The Government of …
MCA notifies persons who can file application for initiating CRIP against corporate debtor on behalf of financial creditor MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 27th February, 2019 S.O. 1091(E).—In exercise of the powers conferred by sub-section (1) of section 7 of the Insolvency and Bankruptcy Code, …
Compendium of Instructions on GST Refunds and Operational Manual on Internal Audit The Union Minister of Finance and Corporate Affairs, Shri Arun Jaitley releases a Compendium of Instructions on GST Refunds and a Copy of the Operational Manual on Internal Audit On the occasion of 43rd Foundation Day of …
Draft Manual of Patent Office Practice and Procedure 2019-Suggestions invited A Draft Manual of Patent Office Practice and Procedure, 2019 has been published by Office of the Controller General of Patents, Designs & Trade Marks for inviting suggestions from the stakeholders up to 21-03-2019. In view …
RBI constitutes Task Force on Offshore Rupee Markets to recommend policy measures for ensuring the stability of the external value of the Rupee. RBI, in the Statement on Developmental and Regulatory Policies, had announced the setting up of a Task Force on Offshore Rupee Markets. The objective was …
Extension of time for furnishing comments for consideration of High Level Committee on Corporate Social Responsibility-2018 The Ministry of Corporate Affairs (MCA) has constituted a High Level Committee on Corporate Social Responsibility-2018 (HLC-2018) to review the existing framework and guide and formulate a coherent policy on Corporate Social …
IBBI, has issued a Chart of Responsibilities of IRP / RP and CoC in a CIRP for the help of Insolvency Professionals and Committee of Creditors involved in the Corporate Insolvency Resolution Process. Insolvency and Bankruptcy Board of India 7th Floor, Mayur Bhawan, Connaught Place, New Delhi-110001 Facilitation …