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Streamlining the Process of Public Issue of Equity Shares and convertibles Implementation of Phase II of Unified Payments Interface with Application Supported by Block Amount Securities and Exchange Board of India SEBI/ HO/CFD/DIL2/CIRIP/2019/85 July 26, 2019 ToRecognized Stock Exchanges DepositoriesRegistered Stock BrokersRegistered Merchant BankersRegistered Registrars to an Issue …
Undisclosed foreign assets of more than Rs. 200 crore detected by Income Tax Department apart from domestic tax evasion of more than Rs. 30 crore Income Tax Department has recently conducted searches on 23rd July, 2019 in a group covering 13 premises across 3 States (namely Delhi, …
Insistence of tax authorities to produce a written Agreement to Sell was arbitrary perverse and unreasonable when Law permits oral agreements. There is no law that cash withdrawn from bank cannot be held in cash. ITAT accepts cash deposits out of withdrawals made 4 months earlier ABCAUS Case …
No question to supply reasons recorded unless return is filed u/s 148. ITAT dismissed the ground never raised before the authorities below ABCAUS Case Law Citation:ABCAUS 3086 (2019) (07) ITAT Important Case Laws Cited/relied upon by the parties:Union of India & Others vs. Rai Singh Deb Singh Bist …
Allowability of service tax written off to PL Account when input credit not allowed under Cenvat Credit Rules. ITAT deleted the addition ABCAUS Case Law Citation:ABCAUS 3085 (2019) (07) ITAT Important Case Laws Cited/relied upon by the parties:T. R. F. Ltd. vs. CIT: 323 ITR 397 The Revenue …
Key Decisions taken in GST Council 36th Meeting GST rate on all Electric Vehicles reduced from 12% to 5% and of charger or charging stations for EVs from 18% to 5% Hiring of electric buses by local authorities exempted from GST Changes in GST rates shall …
ICAI Clarifies news reports on CA exam answer books found in possession of unauthorised person Recently, newspapers had reported arrest by Kolkata Police of two person with 550 answser sheets of CA Examination held in June . As reported, those arrest were not the examiners authorised by ICAI. …
Neither assessee can withdraw appeal nor CIT(A) can dismiss appeal for non-prosecution. ITAT explains the powers and duty of the First Appellate Authority. Dismisses of appeal by CIT(A) for non-prosecution results as withdrawal of appeal which is not permitted. ABCAUS Case Law Citation:ABCAUS 3084 (2019) (07) ITAT Important …
The Companies (Amendment) Act 2019 assented by the President on 31st July, 2019 In order to review the existing provisions of the The Companies Act, 2013 (the Act) dealing with the offences and better corporate compliance, the Government of India had constituted a Committee. On the recommendations made …
Property acquired by ITD u/s 269UE-High Court asks CBDT to consider regularising ownership of bonafide purchaser on payment of difference in FMV ABCAUS Case Law Citation:ABCAUS 3083 (2019) (07) HC The instant Writ Petition was filed by a Cooperative Housing Society claiming to be the owners of land …
