• Income Tax

ITAT analyses validity of notice u/s 143(2) by non jurisdictional AO

7 years ago

ITAT analyses validity of notice u/s 143(2) by non jurisdictional AO. On objection, AO obligated to refer matter for determination…

  • Income Tax

Mere absence of revised return not justify penalty when mistake admitted suo moto

7 years ago

When assessee during assessment proceedings voluntarily admitted mistake then mere absence of revised return would not justify penalty u/s 271(1)(c)…

  • Income Tax

Non application of section 56(2)(viia) to fresh issue of shares – CBDT clarifies again

7 years ago

Non application of section 56(2)(viia) to fresh issue of shares contrary to express provisions and legislative intent - CBDT clarifies…

  • bankruptcy

Amendment to Provident Fund / Pension rule for IBBI Chairperson & WT members

7 years ago

Amendment to Provident Fund / Pension rule for IBBI Chairperson & whole-time members MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the…

  • Companies Act

Issue of securities in demat form not apply to Nidhi, Govt Co. or wholly owned subsidiary 

7 years ago

Issue of securities in dematerialised form not to apply to Nidhi Government company or wholly owned subsidiary.  MINISTRY OF CORPORATE…

  • Companies Act

MCA Notifies MSME Form I for furnishing details of outstanding dues to SMEs

7 years ago

MCA Notified MSME Form I half yearly return for furnishing information of outstanding dues to Micro or small enterprises suppliers. Ministry…

  • SEBI

SEBI (Prohibition of Insider Trading)  (Amendment) Regulations, 2019

7 years ago

The Securities and Exchange Board of India (Prohibition of Insider Trading) (Amendment) Regulations 2019-Member of promoter group to also make disclosure…

  • Income Tax

No Penalty for discrepancy in salary figure between Form No. 16 and 26AS

7 years ago

For discrepancy in salary figure between Form No. 16 and 26AS it cannot be said that the assessee has concealed…

  • Income Tax

CBDT gives 21 days time to non-filers to file ITR for AY 2018-19

7 years ago

CBDT gives 21 days time to ITR non-filers to file their returns for AY 2018-19  CBDT identifies non-filers through Non-filers…

  • ICAI

ICAI signs MoU with ICPA of Kenya

7 years ago

ICAI signs MoU with ICPA of Kenya The Institute of Chartered Accountants of India (ICAI) has signed a Memorandum of…