Constitutional validity of provisions related to SIFO investigation under section 212 of Companies Act 2013 to be examined by High Court who found prima facie merit in the allegations. It is virtually impossible for an accused to contest the averments made in the remand application before the Special …

Shocked Supreme Court fines Commissioner Income Tax with fine of Rs 10 lakhs for misleading statement about pendency of a civil appeal ABCAUS Case Law Citation: ABCAUS 2495 (2018) 08 SC The instant Special Leave Petition (SLP) was filed by the Commissioner of Income Tax, Ghaziabad after a …

Grossing up for TDS was applicable on payment to foreign University for technical services as DTAA did not define the term gross amount-High Court ABCAUS Case Law Citation: ABCAUS 2494 (2018) 08 HC The instant appeal was filed by the appellant assessee against the order of the Income …

Extension of due date for filing Income-tax return by assessees in Kerala from 31st August, 2018 to 15th September, 2018. CBDT Order u/s 119 F.No.  225/242/2018/ITA.II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (ITA.II Division) North-Block, New Delhi, the 2. f …

ICAI Draft Quick Insight on GST – Entertainment Industry, Hospitality Industry, Construction & Infrastructure Industry and Textile Industry  ICAU has issued five Draft Papers covering GST provisions on various industries as under: Draft Quick Insight on GST – Entertainment Industry  Draft Quick Insight on GST – Hospitality Industry  …

IBBI penalised Insolvency Professional for raising bill in the name of Ernst & Young LLP. Fees of the lRP/RP should be raised only by him and should only be received by him ABCAUS Case Law Citation: ABCAUS 2493 (2018) 08 IBBI In the said matter, the replaced Resolution …