Day: July 17, 2019

ICAI issues educational material on Indian Accounting Standard (Ind AS) 8, Accounting Policies, Changes in Accounting Estimates and Errors According to the ICAI This Educational Material on Ind AS 8, Accounting Policies, Changes in Accounting Estimates and Errors will provide guidance to the stakeholders in understanding the criteria …

Deemed dividend u/s 2(22)(e) applies only to net debit balance of advances in all accounts where assessee is maintaining multiple accounts with the same company ABCAUS Case Law Citation:ABCAUS 3065 (2019) (07) ITAT In the instant appeal had been filed by the assessee against the order of the …

CBDT denies social media report of changes made in ITR forms leading to difficulty in filing Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct TaxesNew Delhi, 16th July, 2019 PRESS RELEASE CBDT issues clarification on incorrect reports in social media pertaining to difficulty in filing of …

Implementation of PGA eSANCHIT- 16 more PGAs with LPCOs introduced Circular No 19/2019-Customs F.No. 450/148/2015-Cus-IVGovernment of IndiaMinistry of Finance, Department of RevenueCentral Board of Excise and Customs Dated:  16th July, 2019 To All  Principal   Chief  Commissioners/Chief   Commissioners   of  Customs, Customs  & Central Taxes and Customs (Preventive). All Principal …

SEBI Modifies Format for compliance report on Corporate Governance to be submitted to Stock Exchange (s) by Listed Entities Securities and Exchange Broad of India CIRCULAR SEBI/HO/CFD/CMD1/CIR/P/2019/78 July 16, 2019 To All Listed entities All the Recognised stock exchanges Dear Sir/Madam, Sub: Modification of circular dated September 24, 2015 …

Foreign Exchange Management Deposit Amendment Regulations 2019. Regulation authorising Indian company to accept deposit by issue of Commercial Paper deleted RESERVE BANK OF INDIA(FOREIGN EXCHANGE DEPARTMENT)(CENTRAL OFFICE) Notification No. FEMA 5 (R) 2 /2019-RB Mumbai, the 16th July, 2019 Foreign Exchange Management (Deposit)(Amendment) Regulations, 2019 G.S.R. 498 (E).— …