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Despite NFRA inherent regulatory role of ICAI shall continue, ICAI have representation on the NFRA Board. -ICAI President In his latest presidential message dated 28-03-2018, CA Naveen N. D. Gupta has assured members that inherent regulatory role of ICAI as provided for in the Chartered Accountants Act, 1949 shall …
Sale of Electoral Bonds Phase-2 at authorised Branches of State Bank of India (SBI) Government of India has notified the Electoral Bond Scheme 2018 vide Gazette Notification No. 20 dated 02ndJanuary 2018. As per provisions of the Scheme, Electoral Bonds may be purchased by a person, who is …
Processing of returns u/s 143(1) which are pushed by CPC to Assessing Officers. ITRs to be processed electronically on ITBA or manually with approval CBDT has issued instructions for electronic or manual processing of income tax returns u/s 143(1) which are pushed to the Assessing Officers by the …
Conflict of interest is sufficient cause for share transfer refusal u/s 58(4) of Companies Act, 2013 –Supreme Court. CLB obliged consider contention of transfer being deceptive and mala fide. ABCAUS Case Law Citation: ABCAUS 2265 (2018) (03) SC The appellant was a public company whose majority of shares …
As per latest RBI Notification, for reporting and accounting of government transactions designated bank branches shall be open till to 8.00 pm on March 31, 2018. RTGS and NEFT to continue till midnight on March 31, 2018 Reserve Bank of India Annual Closing of Government Accounts – Transactions …
Pensioner’s Portal at EPFO website EPFO has launched the pensioner’s portal https://mis.epfindia.gov.in/PensionPaymentEnquiry. The pensioner’s portal is recently launched service, available at EPFO website by which all EPFO pensioners may get the details of pension related information like Pension payment order number, Pensioner’s Payment Order details, Pensioner’s passbook information …
Anti Profiteering Application Form (APAF-1) simplified and made more convenient to use The interest of consumers under GST is protected by Anti Profiteering Authority. Affected consumers can file their grievance using Anti Profiteering Application Form (APAF-1) which has been simplified and made more convenient to use. The Form …
High Court declines to direct refund pending scrutiny. Since matter is pending scrutiny before AO exercising the discretion u/s 143(1d) no mandamus can be issued. ABCAUS Case Law Citation: ABCAUS 2264 (2018) (03) HC The assessee had filed the instant writ invoking the extra-ordinary jurisdiction of the Hon’ble …
Extension of time for linking link PAN with Aadhaar to 30-06-2018 F. No.225/270/2017 ITA.II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North-Block, ITA.II Division New Delhi, dated the 27th of March, 2018 Order under Section 119 of the Income-tax Act. 1961 …
Deemed dividends not exempted u/s 10(34) in the hand of the payee since there is no payment of additional tax under Section 115(O)-High Court ABCAUS Case Law Citation: ABCAUS 2263 (2018) (03) HC The appellant assessee had challeneged the order of the ITAT holding that assessee was liable …
