• ICAI

SBN disclosure requirement not applicable to Financial Year 2017-18 and onwards – ICAI

7 years ago

SBN disclosure requirement not applicable to Financial Year 2017-18 and onwards in both Notes to Account and the Audit Report.…

  • Income Tax

Determination of fair market value for inventory of immovable property, jewellery etc. Rule 11UAB

7 years ago

Rule 11UAB-Determination of fair market value for inventory of immovable property, jewellery, paintings, sculptures, work of art, shares securities etc.…

  • Income Tax

Amendments in PAN Rule, New Application Forms 49A 49AA – Read CBDT Draft Notification

7 years ago

Amendments in PAN Rule 114 and new application Forms 49A and Form 49AA making PAN compulsory for transactions of Rs.…

  • Finance Ministry

Banks will remain open in first week of September 2018 except 3 Holidays – Clarification

7 years ago

Banks will remain open in first week of September 2018 except 3 Holidays - Clarification Finance Ministry has clarified that Banks will…

  • High Courts

DRI orders freezing bank account was without authority of law – High Court

7 years ago

DRI orders freezing bank account was without authority of law - High Court quashed order as no allegation was that…

  • GST

Three GST amendment Acts of 2018 receive assent of the President

7 years ago

Three GST amendment Acts of 2018 passed by the Parliament receive assent of the President The following three GST related…

  • Law Commission

Law Commission Submits Report on “Worngful Prosecution (Miscarriage of Justice): Legal Remedies”

7 years ago

Law Commission Submits Report on “Worngful Prosecution (Miscarriage of Justice): Legal Remedies" under existing laws and inadequacies as noted by…

  • Income Tax

Payment for delayed allotment of plot by Housing Board not interest liable to TDS u/s 194A-High Court

7 years ago

Payment for delayed allotment of plot by Housing Board not interest liable to TDS u/s 194A. Expression ‘interest’ was used…

  • Income Tax

JDA Taxation-No capital gain when possession not handed over to builder but only right to enter

7 years ago

JDA taxation-no capital gain when possession not handed over to builder and only right to enter the property given to…

  • Income Tax

Concealment penalty for change in method of stock valuation deleted by ITAT

7 years ago

Concealment penalty for change in method of stock valuation deleted by ITAT. Lower of Cost or market price method was…