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UDIN not mandatory for Statutory Bank Audit. However, for all Certificates to be signed while conducting Bank Audit, generation of UDIN is mandatory. FAQs for UDIN under Bank Audits. 1. Whether UDIN is mandatory for Statutory Bank Audit? For Statutory Bank Audit, UDIN is not mandatory. However, for …
Change in the formats for limited review reports and audit reports of the listed entity and those entities whose accounts are to be consolidated with the listed entity Securities and Exchange Board of India CIRCULAR CIR/CFD/CMD1/44/2019 March 29, 2019 ToAll listed entities (whose equity shares and convertible securities …
High Court was not justified in appointing independent arbitrator without resorting to procedure for appointment of arbitrator under the contract as agreed by the parties.- SC ABCAUS Case Law Citation:ABCAUS 2851 (2019) (03) SC Important Case Laws Cited/relied upon by the parties National Insurance Company Limited Vs. Boghara Polyfab Private Limited caseUnion of India & Another Vs. M.P. Gupta In …
Make My Trip was not liable to deduct TDS on gateway charges payments to Banks – High Court upheld ITAT action in deleting addition u/s 40(a)(ia) ABCAUS Case Law Citation: ABCAUS 2850 (2019) (03) HC Important Case Laws Cited/relied upon by the parties Commissioner of Income Tax v …
Income Tax Offices throughout India (including the ASK Centres) shall remain open on 30th and 31st March, 2019 during normal office hours F. No. 225/86/2019-ITA-11 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes ***** North Block, New Delhi, the 29th March, 2019 …
Share application money received vastly in excess of the authorized capital was valid reasons to issue reassessment notice u/s 148 – High Court ABCAUS Case Law Citation: ABCAUS 2849 (2019) (03) HC Important Case Laws Cited/relied upon by the parties Sheo Nath Singh vs. ACIT, 82 ITR 148 …
Total turnover u/s 6B(1) of Karnataka Sales Tax Act does not mean taxable turnover for levy of turnover tax – Supreme Court ABCAUS Case Law Citation:ABCAUS 2848 (2019) (03) SC Important Case Laws Cited/relied upon by the parties Commissioner of Customs Vs. Dilip Kumar and Company and Others 2018(9) SCCIndra Das Vs. State of Assam 2011(3) SCC 380 and RakeshKumar Paul Vs. State of Assam 2017(15) SCC 67M/s. Hoechst Pharmaceuticals Ltd. and Others Vs. State of Bihar and Others 1983(4) SCC 45 The …
Refund of accumulated ITC on account of inverted tax structure, for periods in which there is reversal required to be lapsed – CBIC Clarification Circular No. 94/13/2019-GST F. No. CBEC-20/16/04/2018 – GST Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs GST Policy …
Verification of applications for grant of new GST registration-CBIC Instruction to ensure uniformity in implementation of provisions. Circular No. 95/14/2019-GST F. No. CBEC-20/16/04/2018 – GSTGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Indirect Taxes and CustomsGST Policy Wing*** New Delhi, Dated the 28th March, 2019 To,The Principal …
Extension of due date for furnishing of FORM GST ITC-04 for the period July 2017 to March 2019 till 30th June 2019 Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Notification No. 15/2019 – Central Tax New Delhi, the 28th …