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Extension of period of relief for filing GST refund application FORM GST RFD-01A on the common portal by by relaxed validation till 30.06.2019 Corrigendum to Circular No. 45/19/2018-GST dated 30th May, 2018 Certain registered persons, while filing the return in FORM GSTR-3B for a given tax period, committed errors …
Download Tax/TDS Credit Mismatch report from income tax e-filing account Income Tax e-filing portal has enabled viewing and downloading report of Tax/TDS credit mismatch between Form 26AS and TDS claimed. The report shall enable assessees in pin pointing the mismatch in TDS as claimed and as appearing in …
Disallowance u/s 40A(2) for unreasonable increase in directors remuneration deleted as AO not carried out exercise to determine fair remuneration in the similar line and scale of business. ABCAUS Case Law Citation:ABCAUS 3072 (2019) (07) ITAT Important Case Laws Cited/relied upon by the parties:Commissioner of Income Tax Vs. …
Bogus purchases additions not based on average GP or NP declared by the assessee in preceding years or some reasonable or proper criteria deleted by ITAT ABCAUS Case Law Citation:ABCAUS 3071 (2019) (07) ITAT This appeal by the assessee was directed against the order of the CIT (A) …
Depreciation and provision for maintenance on BOT project allowable. ITAT distinguished decision of Bombay High Court & held in assessee’s favour ABCAUS Case Law Citation:ABCAUS 3070 (2019) (07) ITAT Important Case Laws Cited/relied upon by the parties:Progressive Constructions Ltd, reported in (2018) 161 DTR 289Ashoka Infrastructure Ltd vs. …
Merger of the Council for Trade Development and Promotion (CTDP) with Board of Trade (BOT) Government of India Ministry of Commerce & IndustryDepartment of Commerce Directorate General of Foreign Trade Notification No. 11/2015-20 New Delhi, the 17 July, 2019 The Council for Trade Development and Promotion (CTDP) was …
Standardizing Reporting of violations related to Code of Conduct under SEBI (Prohibition of Insider Trading) Regulations, 2015 CIRCULAR SEBI/HO/ISD/ISD/CIR/P/2019/82 July 19, 2019 To 1. All Listed Companies through the Stock Exchanges2. All Intermediaries registered with SEBI under Section 12 of the SEBI Act, 19923. Fiduciaries as per SEBI …
Giving Scrip wise details of long term capital gains in Schedule 112A of ITR is optional – CBDT clarification As per advisory hosted at income tax e-filing website, Schedule 112A and 115AD(1)(iii) of long term capital gain are provided in the Income Tax Return software as per the …
SEBI amends formats for limited review / audit report of the listed entity due to revision of SA 700 and other suggestions given by ICAI Procedure and formats for limited review / audit report of the listed entity and those entities whose accounts are to be consolidated with the listed …
Reopening due to change in method of accounting for NPA quashed as it was notified in audited accounts. SC dismissed SLP of Revenue ABCAUS Case Law Citation:ABCAUS 3069 (2019) (07) SC The Assessing Officer (AO) had initiated re-assessment proceedings against the respondent bank under Section 147 read with …
