• Income Tax

income from unlisted shares transfer taxable as capital gain irrespective of holding period,except in certain circumstances where AO would examine the issue

10 years ago

Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes

  • Income Tax

Action taken against defaulting/non performing tax officials. Prematured retirement for non-performance and dismissal in disciplinary actions

10 years ago

Government takes strict action against defaulting/non performing tax officials/officers; For the First Time, 33 officials/officers including 7 Group ‘A’ officers…

  • Supreme Court

Encashment of BG of contractor against disputed damages claim not permitted unless adjudicated by Court -Supreme Court

10 years ago

Encashment of Bank Guarantee of contractor against disputed claim of damages not permitted unless adjudicated by Court of law in judicial…

  • Income Tax

Temporary business closure, lull-Rent, staff, other business expenses incurred to keep business alive cannot be disallowed-ITAT

10 years ago

Temporary business closure, lull and disallowance of expenses Expenses of rent staff and various other business expenses establish that those…

  • Income Tax

CIT(Appeals) must pass speaking order even in ex-parte cases. Appeal dismissed in limine for non appearnace remanded back by ITAT

10 years ago

CIT Appeals must pass speaking order even in ex-parte cases. ITAT Delhi, in a recent case remanded back the appeal of…

  • MCA

How to limit/compress PDF file size while affixing the DSC in eform of MCA-FAQ

10 years ago

How to limit/reduce PDF file size while affixing the DSC in eform of MCA-FAQ One of the pre-requisite for filing…

  • ICAI

ICAI-Observations of the candidates on the question papers of CA examinations-May, 2016

10 years ago

Observations on the question papers of CA examinations-May, 2016 4th May, 2016 It is hereby informed that candidates can bring…

  • Companies Act

Powers to appoint inspectors to inspect books, papers of a company u/s 206(5) Companies Act 2013 of Central Government delegated to Regional Directors

10 years ago

MINISTRY OF CORPORATE AFFAIRS Notification New Detlhi, the 29/04/2016 S.O. E. In exercise of the powers conferred by sub-section (1)…

  • SEBI

SEBI-Investment Policy, Liquid Assets for the purpose of Calculation of Net Worth of a Clearing Corporation and Transfer of Profits

10 years ago

CIRCULAR SEBI/HO/MRD/DRMNP/CIR/P/2016/54                                    …

  • ICAI

Guidance Note on CARO 2016-AASB-ICAI. CARO 2016 has introduced a number of new or modified reporting requirements for the auditors.

10 years ago

Guidance Note on CARO 2016-Communication from AASB of ICAI Dear Members As you are aware, the Companies (Auditor's Report) Order,…