Author: administrator
Insolvency professional to ensure compliance with applicable laws. Loss or penalty for non-compliance do not form part of insolvency resolution process cost A corporate person undergoing insolvency resolution process, fast track insolvency resolution process, liquidation process or voluntary liquidation process under the Insolvency and Bankruptcy Code, 2016 (Code) …
Insolvency professional not to outsource his responsibilities. The Code read with regulations do not envisage such a certification from a third person. The Insolvency and Bankruptcy Code, 2016 (Code) read with regulations made thereunder cast specific duties and responsibilities on an insolvency professional. An insolvency professional is required to …
UPVAT allows issue of manual printed Form-C for closed firms with turnover of more than Rs 25 lakhs In a recent circular issued by UPVAT, issuance of manual printed Form-C for closed firms with turnover of more than Rs 25 lakhs has been allowed. Manual printed Form-C shall …
Waiver of charges on Debit Cards/BHIM UPI/AePS transactions up to Rs 2000/-. Bank’s Statutory Auditor to certify claim, volume & value of such transactions MINISTRY OF ELECTRONICS AND INFORMATION TECHNOLOGY NOTIFICATION New Delhi, the 27th December, 2017 Subject : Subsidizing MDR charges on Debit Cards/BHIM UPI/AePS transactions of …
Share application money circular transaction addition u/s 68 deleted where loan creditors had subscribed out of the loans repaid by the company-ITAT upholds findings of CIT(A) as identity, genuineness of transaction and creditworthiness of subscribers were not doubted Prelude: Section 68 of the Income Tax Act, 1961 (Act) contains provisions …
Change in head of income not permissible u/s 153A if no incriminating material is found during the search-ITAT Prelude: Section 153A of the Income Tax Act, 1961 contains provisions governing assessment of cases where a search action has taken place u/s 132 or books of account/other documents have …
IBBI syllabus of educational courses and valuation examinations for registered valuers to be conducted by RVO and valuation examination conducted by IBBI. Insolvency Bankruptcy Board of India (IBBI) has published syllabus and other details of educational courses and valuation examinations Under Section 247 of the Companies Act, 2013 …
Top Twenty Management Institutes notified as Institutions of national importance. The Indian Institutes of Management Act, 2017 (No. 33 of 2017) has received the assent of the President on the 31st December, 2017. Top Twenty Management Institutes of India The said Act has been in-acted to declare certain Institutes of management to …
Empanelment of CA firms LLPs with CAG for the year 2018-19. Online application format will be available from 01-01-2018 to 15-02-2018 OFFICE OF THE COMPTROLLER AND AUDITOR GENERAL OF INDIA 9, DEEN DAYAL UPADHYAYA MARG, NEW DELHI-110124. Empanelment of Chartered Accountant firms/LLPs for the year 2018-19 Online Applications …
Filing of returns under GST-CBEC circular. Clarification with consolidated information in various notifications and circulars regarding GST return filing Circular No. 26/26/2017-GST F. No. 349/164/2017/-GST Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs GST Policy Wing New Delhi, Dated the 29th …