Provisions of Part VI, Part X and Part XI of Chapter VIII of the Finance Act 2018 to come into force from 8th day of March, 2019
MINISTRY OF FINANCE
(Department of Economic Affairs)
NOTIFICATION
New Delhi, the 8th March, 2019
S.O. 1314(E) —In exercise of the powers conferred by sections 146, 178 and 191 of the Finance Act, 2018 (13 of 2018), the Central Government hereby appoints the 08th day of March, 2019, as the date on which the provisions of Part VI, Part X and Part XI of Chapter VIII of the said Act shall come into force.
[F. No. 5/05/FM/2017]
A. M. BAJAJ, Jt. Secy. (Financial Markets)
Author’s Note:
The said Part VI, Part X and Part XI of the Finance Act 2018 made amendments to the Securities Contracts (Regulation) Act 1956, the Securities And Exchange Board of India Act 1992 and Depositories Act, 1996 by inter alia providing penalty for contravening of the respective rules or regulations
It can never be the object of assessment proceedings to find an empirically, absolutely correct solution on every fact issue…
Penalty u/s 270A deleted as assesse filed revised computation during scrutiny correcting the mistake which was noticed only after the…
Penalty u/s 271B for unfilled column 40 in Form 3CD related to details regarding turnover, gross profit etc. for previous…
Merely rectifying computation without amending assessment order without notice to assessee does not nullify the entire assessment - ITAT In…
Once assessee discharges primary onus of providing basic documents in support of the identity, genuineness and the creditworthiness it shifts…
CBDT has notified Cost Inflation Index for Financial Year / Tax Year 2026-27 CBDT has notified "384" as Cost Inflation…