Author: administrator
Forfeiture of gratuity is not automatic on dismissal from service; it is subject to sub-Sections (5) and (6) of Section 4 of The Payment of Gratuity Act, 1972. The Act must prevail over the Rules framed by the employer – Supreme Court ABCAUS Case Law Citation: ABCAUS 2467 …
Compensation paid to retiring partner consequent to family settlement-Deduction allowed as capital of firm was kept intact and business was continued by other coparceners partners. ABCAUS Case Law Citation: ABCAUS 2466 (2018) 08 ITAT The instant appeal was filed by the assessee directed against CIT(A)’s order in sustaining …
Interest for late payment of service tax not penal in nature but only compensatory. ITAT deletes disallowance made under section 37 ABCAUS Case Law Citation: ABCAUS 2465 (2018) 08 The instant appeal was filed by the assessee directed against CIT(A)’s order in holding that the interest on delayed …
Professional Misconduct-diligence required by Practising Company Secretary is not merely restricted to verification of the documents but extends to the purpose of law ABCAUS Case Law Citation: ABCAUS 2464 (2018) 08 AA The appellant, a company secretary was aggrieved by the Order (Impugned Order) passed by the Disciplinary …
Prosecution cases launched for violation of SEBI Act and Regulations. SEBI has made available a list of where prosecution has been launched for violation of SEBI Regulations including Collective Investment Regulations 1999 Prosecution cases launched for violation of SEBI cases other than Collective Investment Scheme (588 cases starting …
Deliberate non production of books of account held as concealment of income. Books maintained in computer even if lost can be generated. – High Court ABCAUS Case Law Citation: ABCAUS 2463 (2018) 08 HC In number of, if not the most cases of civil contractors, they often and …
Tahbazari is not covered under TCS provisions u/s 206C(1C). Toll plaza does not include Tahbazari as there is no toll set up when licence is issued – High Court ABCAUS Case Law Citation: ABCAUS 2462 (2018) 08 HC The instant appeal had been filed by the Apar Mukhya …
Agricultural land-revenue records can not be rejected without any basis or material evidence holding it to be an mechanical entry – ITAT ABCAUS Case Law Citation: ABCAUS 2461 (2018) 08 ITAT The instant appeal had been filed by the assessee against the order passed by CIT(A) in sustaining …
Online IEC applications-Effective from 9.8.2018 requirement of PAN & DSC removed. As per amended Policy and Procedure only 2 documents to be uploaded. Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhawan, New Delhi -110 011 Trade Notice No. …
AEO-T1 application processing simplification and rationalization. All new applications are to be mandatorily filed in form of new annexures 1 & 2 Circular No. 26/ 2018 – Customs F.No. D- 20/DIC/AE0/16/2017 Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs Directorate of International …
