CARO 2020 applicability extended to FY 2020-21 onward. Read MCA Order
[ To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii)]
GOVERNMENT OF INDIA
MINISTRY OF CORPORATE AFFAIRS
ORDER
New Delhi, the 24th March, 2020
S.0.- In the order of the Government of India in the Ministry of Corporate Affairs number S.O. 849(E), dated the 25th February, 2020, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii), dated the 25th February, 2020, in paragraph “2. Auditor’s report to contain matters specified in paragraphs 3 and 4”, for the words and figures “1st April , 2019”, the words and figures “1st April, 2020” shall be substituted.
[ F. No. 17/45/2015–CL-V Part I ]
K. V. R. MURTY
Joint Secretary to the Government of India
Assessing Officer had taken a reasonable stand that 25 kg written in WhatsApp chat/text message was 25 lakh - ITAT…
Shareholders are only owners of the shares of the company therefore, income from properties earned by the company cannot be…
When approval for reassessment was granted by unauthorised authority, such jurisdictional error cannot be shielded by the law of limitation…
ITAT on presumption of bogus purchases ought to have remanded case to AO to reconsider the whole matter instead of…
Where proceedings u/s 153C are barred by limitation, AO can not reopen the case invoking section 148 and 148A of…
Corporate guarantees executed by the corporate debtor constitute “financial debt” under IBC and banks to be recognized as financial creditors…