• NCLAT

No TDS u/s 194-IA on payment to Liquidator of a Company in liquidation under IBC 2016

5 years ago

No TDS u/s 194-IA on payment by successful bidder to Liquidator of a Company in liquidation under IBC 2016 as…

  • Income Tax

Education cess is allowable expenditure under Section 37 of Income Tax Act 1961 – ITAT

5 years ago

Education cess is an allowable expenditure under Section 37 of the Income Tax Act 1961. ITAT allows deduction on the…

  • Income Tax

Reason recorded by non jurisdictional AO cannot give jurisdiction to jurisdictional Assessing Officer

5 years ago

Reason recorded by non jurisdictional Assessing Officer cannot give jurisdiction to the jurisdictional Assessing Officer. ABCAUS Case Law CitationABCAUS 3449…

  • Income Tax

Deduction u/s 35(1)(ii) allowed despite approval granted to Organization withdrawn retrospectively

5 years ago

Deduction u/s 35(1)(ii) for scientific research allowed in hands of donors, notwithstanding  approval granted to Organization withdrawn retrospectively ABCAUS Case…

  • Income Tax

Advance taken in cash against sale not loan or deposit u/s 269SS hence no penalty us/ 271D

5 years ago

Advance taken in cash against sale not loan or deposit u/s 269SS hence no penalty us/ 271D is leviable on…

  • FCRA

Charter for Chartered Accountants under Foreign Contribution (Regulation) Act (FCRA) 2010

5 years ago

Charter for Chartered Accountants under FCRA 2010  Since the Foreign Contribution (Regulation) Act, 2010 (FCRA, 2010) is national security legislation; associations…

  • Custom

Modification in B-17 Bond Execution process. Surety to be given by independent legal entity

5 years ago

  Modification in B-17 Bond Execution process. Surety to be given by independent legal entity other than EOU itself irrespective…

  • SEBI

SEBI issues Master Circular for Depositories 2021

5 years ago

SEBI issues Master Circular for Depositories 2021 SECURITIES AND EXCHANGE BOARD OF INDIA Master Circular SEBI/HO/MRD2/DDAP/CIR/P/2021/18 February05, 2021 To,All Depositories…

  • GST

Payment of GST by Fixed Sum Method under QRMP Scheme

5 years ago

Payment of GST by Fixed Sum Method under QRMP Scheme W.e.f. 1st January, 2021, following two options are available to…

  • Companies Act

MCA Notification for amalgamation / merger between start-up and small companies

5 years ago

MCA Notification for amalgamation / merger between start-up and small companies MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 1st…