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GST Tax rates would be lesser for Sugar Tea and Coffee and Milk Powder. Proposed GST Tax rates would be much lesser than the prevailing incidence of taxes Proposed GST Tax rates would be lesser than the prevailing taxes in case of Sugar, Tea and Coffee (other than …
Distinction between statements us 132(4) and 133A explained by Delhi High Court. Quashing of reopening of concluded assessments of earlier AYs upheld ABCAUS Case Law Citation: ABCAUS 1264 (2017) (05) HC The Issue: The main contention of the appellant Revenue was that the decision of the Division Bench …
Audit of Consolidated Financial Statements-Using Work of Another Auditor Parent auditor to consider observation of component auditor as per SA 600-ICAI ICAI Announcement Important Clarification on Amendment to Paragraph 17 of Revised Guidance Note on Audit of Consolidated Financial Statements I. The Council of ICAI at its 365th …
Insolvency and Bankruptcy Code Removal of Difficulties Order 2017. Provisions related to Sick Industrial Companies (Special Provisions) Act, 1985 MINISTRY OF CORPORATE AFFAIRS ORDER New Delhi, the 24th May, 2017 S.O. 1683(E).—Whereas, the Insolvency and Bankruptcy Code, 2016 (31 of 2016) (hereinafter referred to as the said Code) …
More than 400 benami transactions identified including bank deposits, plots of land, flat and jewellery. 24 dedicated Benami Prohibition Units (BPUs) set up Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 24th May, 2017 PRESS RELEASE Income Tax Department Steps …
CIC denies directing RBI to disclose bank defaulters list in view of pending case before Supreme Court. It would be judicious to await the final outcome-CIC ABCAUS Case Law Citation: ABCAUS 1263 (2017) (05) CIC Date/Month of Pronouncement: May, 2017 Important Case Laws Cited/relied upon: Central for Public …
Revision order us 263 on conducting additional enquiry on different pattern when AO conducted adequate enquiry and took view permissible in law could not be said to be erroneous or prejudicial to the interest of Revenue – ITAT ABCAUS Case Law Citation:ABCAUS 1262 (2017) (05) ITAT Grievance:The appellant …
Revenue cannot judge fee paid for business development services with respect to the benefit derived by the assessee in terms of increased turnover– ITAT ABCAUS Case Law Citation: ABCAUS 1261 (2017) (05) ITAT Grievance: The appellant assessee had challenged the order passed by CIT(A), confirming the confirming the …
FAQs on Insurance Ombudsman Rules 2017 by IRDAI. Complaint to be made in writing within one year after making written representation to the insurer FAQs on Ombudsman Scheme Date:19-05-2017 FAQs on Insurance Ombudsman Rules 2017 1) Who can approach Insurance Ombudsman? What is the procedure for lodging a complaint …
1st ever National Corporate Social Responsibility CSR Awards. Last date for online applying/nominating is 18-06-2017 in five categories Government of India has instituted the 1st ever National Corporate Social Responsibility (CSR) Awards to recognize companies that have made a positive impact on the society through their innovative & …
