Day: June 13, 2019
Presumptive Tax u/s 44ADA-reduce tax rate, increase threshold says ICAI in its Pre-Budget Memorandum-2019 on Direct Taxes and International Tax to the Government The Finance Act, 2016 has inserted a new section 44ADA which provide for special provision for computing profits and gains of profession on presumptive basis. …
SEBI issues guidelines for Enhanced Disclosures by Credit Rating Agencies. Cumulative Default Rates, Probability of Default benchmarks CIRCULAR SEBI/ HO/ MIRSD/ DOS3/CIR/P/2019/70 June 13, 2019 ToAll Credit Rating Agencies (CRAs) registered with SEBIAll Debenture Trustees(DTs) registered with SEBI Dear Sir/ Madam, Sub: Guidelines for Enhanced Disclosures by Credit …
GSTR-9 filing due date for FY 2017-18 if extended to 10.07.2019 or not? Query raised to UP Commercial Tax Department Yesterday the Amurjala had reported that the date has been extended. Since no official communication at the end of the U.P. Commercial Tax Department was available in this …
Penalty u/s 271(1)(c) deleted as addition for bogus purchases was based on estimation and assesee’s conduct was not found contumacious ABCAUS Case Law Citation:ABCAUS 3011 (2019) (06) ITAT Important Case Laws Cited/relied upon by the parties:Hindustan Steel Vs. State of Orissa (83 ITR 26) Penalty u/s 271(1)(c) deleted …