• Income Tax

CBDT revising ITR forms for FY 2019-20 to enable benefits of timeline extension due to Covid-19

7 years ago

CBDT revising ITR forms to enable benefits of various timeline extension given due to Covid-19 Finance Ministry Press Release CBDT…

  • Government

Govt. amends FDI policy to curb opportunistic takeovers of Indian companies due to COVID-19 pandemic

7 years ago

Govt. amends Foreign Direct Investment policy to check opportunistic takeovers/ acquisitions of Indian companies due to COVID-19 pandemic The Government of…

  • RBI

RBI prohibits banks from dividend declaration for FY ended 31.03.2020

7 years ago

RBI prohibits banks from dividend declaration for FY ended 31.03.2020 RBI prohibits banks from dividend declaration RBI has prohibited banks…

  • RBI

RBI COVID19 Relief Package – Review of Resolution Timelines for Stressed Assets

7 years ago

COVID19 Regulatory Package – Review of Resolution Timelines under the Prudential Framework on Resolution of Stressed Assets RESERVE BANK OF…

  • RBI

RBI COVID19 Regulatory Package – Relaxation in Asset Classification & Provisioning

7 years ago

RBI COVID19 Regulatory Package - Relaxation in Asset Classification & Provisioning   RESERVE BANK OF INDIA   RBI/2019-20/220DOR.No.BP.BC.63/21.04.048/2020-21   April…

  • Income Tax

No Penalty u/s 271(1)(c) merely due to quantum addition without fresh verification  

7 years ago

No Penalty u/s 271(1)(c) merely due to quantum addition without making fresh verification during penalty proceedings  ABCAUS Case Law Citation:ABCAUS…

  • SEBI

SEBI relaxes time period for certain activities by DPs, RTAs / issuers, KRAs, stock brokers

7 years ago

Relaxation in time period for certain activities carried out by depository participants, RTAs / issuers, KRAs, stock brokers SECURITIES AND…

  • SEBI

SEBI relaxes timelines for complying regulatory requirements by trading/clearing members

7 years ago

SEBI gives relaxation in timelines for compliance with regulatory requirements by trading members / clearing members Securities and Exchange Board of India…

  • Income Tax

No Penalty u/s 271(1)(c) on cancellation of automatic deduction on wrong classification of income

7 years ago

No Penalty u/s 271(1)(c) on cancellation of automatic deduction u/s 24(a) on wrong classification of income under house property than…

  • Income Tax

Expenses incurred during lull business period can not be denied when no income is generated

7 years ago

Expenses incurred during lull business period can not be denied to assessee when he was not able to generate any…