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Notified unauthorised colony in National Capital Territory of Delhi to be exempted from deemed taxation under section 56(2)(x) of Income Tax Act 1961 MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 96/2019 New Delhi, the 11th November, 2019 G.S.R. 836(E).— In exercise of the powers …
RBI withdraws Chapter IIIB exemptions from Housing Finance Companies RBI withdraws exemptions from Housing Finance Companies Housing Finance Institutions (HFIs) as defined under Clause (d) of Section 2 of the National Housing Bank Act, 1987. Such HFIs are currently exempt from the provisions of Chapter IIIB of Reserve …
CBEC FAQ on restriction in availment of ITC in respect of invoices / debit notes not uploaded in terms Rule 36 (4) of CGST Rules, 2017 Circular No. 123/42/2019– GST F. No. CBEC – 20/06/14/2019 – GSTGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Indirect Taxes and …
Banks not to levy NEFT charge on savings bank account wef January 2020. As per RBI during the period October 2018 to September 2019, the National Electronic Funds Transfer (NEFT) and Unified Payments Interface (UPI) systems handled 252 crore and 874 crore transactions with year on year growth …
ICAI Quick Referencer on IndAS. It provides glance on basic aspects of applicable standards ICAI Quick Referencer on IndAS Literature of the Indian Accounting Standards (IndAS) is vast and going through the entire literature when in need of a particular aspect is a practical problem. Taking cognizance of …
Inter-changeability of PAN with Aadhaar number-CBDT amends Returns and Reports Formats MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 95/2019 New Delhi, the 6th November, 2019 G.S.R .825(E).— In exercise of the powers conferred by section 139A, read with section 295 of the Income-tax Act, …
CBDT revised Audit User Manual 2019. Norms for Selection and Audit Potential Index API, Settlement of Internal Audit Objections, Check Sheet CBDT revised Audit User Manual 2019 CBDT has issued a revised Audit User Manual 2019. The audit manual outlines the principles, policies, methodologies and modalities of audits …
ICAI Clarification on effective Date of Validity of Peer Review Certificate viz-a-viz PR Board meeting. Peer Review Certificate subject to condition prescribed, shall be effective from the date of submission of final clean report irrespective of date of Peer Review Board meeting in which it is approved. ICAI …
Special Court notified u/s 280A for trial of offences under Income-tax Act 1961 under Chapter XXII Special Court for trial of offences under Income-tax Act MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES)(INVESTIGATION DIVISION-V) Notification No. 87/2019 New Delhi, the 5th November, 2019 S.O. 3986(E).—In exercise of …
EPF Act to apply to establishments employing ten or more persons in Jammu and Kashmir MINISTRY OF LABOUR AND EMPLOYMENTNOTIFICATION New Delhi, the 31st October, 2019 S.O. 3962(E).—In exercise of the powers conferred by the proviso to sub-section (3) of section 1 of the Employees’ Provident Funds and …
