Author: administrator

Employees of depository participant entities not to be considered as DP

Employees of depository participant entities not to be considered as Depository Participant or their associate under SEBI (D&P) Regulations 2018 CIRCULAR   SEBIIHO/MRD/ DOP2-DSA2/CIR/ P/2019/22                                January 23, 2019 ToAll Depositories, Dear Sir / Madam, Sub: Clarifications in SEBI (Depositories and Participants) Regulations, 2018 SEBI, vide notification dated October …

CBDT advisory on High Value Transactions in FY 2017-18

Have you  done High Value Transactions in F Y 2017-18  but haven’t filed ITR Yet? CBDT Advisory Income Tax Department has issued an advisory stating that many persons who have done high-value transactions in F. Y. 2017-18, but not yet filed Income Tax Return for the corresponding Asst. …

ICAI Declares CA result and rank holders for Nov 2018 / Dec 2018 Exams

Declaration of result for CA Final Examination / Foundation Examination held in November, 2018 and CPT held in December, 2018 Press Release The Institute of Chartered Accountants of India (ICAI) has announced the following results: Chartered Accountants Final Examination (Old/New Syllabus) held in November, 2018 Foundation Examination held …

President award medals to CBIC officers and staff

President award medals to CBIC officers and staff The President, on the occasion of Republic Day, 2019 has awarded Medals and Appreciation Certificates for ‘Exceptionally Meritorious Service rendered at the Risk of Life’ and ‘Specially Distinguished Record of Service’ to the officers and staff of the Central Board of Indirect …

Prosecution u/s 278B without proof of service of notice u/s 2(35) quashed

Prosecution u/s 278B without proof of service of notice u/s 2(35) expressing intention treating a person as Principal Officer of the Company quashed ABCAUS Case Law Citation:ABCAUS 2740 (2019) (01) AC Important Case Laws Cited/relied upon:V.P. Punj Vs. Asstt. CIT, 2001,   119   TAXMAN   543   Delhi,  Sushil Suri and Ors. Vs. State & Ors. (2008) 303 ITR 86 Madhumilan Syntex Ltd. and Ors. Vs. Union of India (SC)Greatway (P) Ltd. & Ors. Vs. Asstt. CIT,  199 ITR 391 (P&C),ITO Vs. Roshini Cold Storage (P) Ltd. and Ors., (2000) 245 ITR 322 (Mad)Income Tax …