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Abcaus

Appeal

CA made a big mistake by withdrawing appeal against penalty order on winning quantum appeal

administrator September 6, 2018 Income Tax, ITAT
CA made a big mistake by withdrawing appeal against the penalty order on winning quantum appeal. CIT(A) was not justified to dismiss appeal as withdrawn and not deciding it on merits – ITAT ABCAUS Case Law Citation:ABCAUS 2506 (2018) 09 ITAT Important Case Laws Cited/relied upon by the …
Special Courts

Special Courts under Companies Act at Mizoram, Nagaland and Arunachal Pradesh for speedy trial

administrator September 6, 2018 Companies Act
Special Courts under Companies Act at Mizoram, Nagaland and Arunachal Pradesh for speedy trial of offences punishable with imprisonment of 2 years or more GOVERNMENT  OF INDIA MINISTRY  OF CORPORATE  AFFAIRS NOTIFICATION New Delhi, the 5th September, 2018 S.O. ……….(E).-In exercise of the powers conferred by sub-section (1) …
court

Monetary limit raised for filing application in Debts Recovery Tribunals by banks and financial institutions

administrator September 6, 2018 Finance Ministry
Monetary limit raised for filing application in Debts Recovery Tribunals by banks and financial institutions to Rs. 20 lakh rupees from ten lakh  In 1981, the Committee on the Financial System examined the problem faced by the Banks and financial institutions in recovering loans and enforcement of securities charge, …
assessee in default

Interest u/s 201(1A) chargeable up to date of payment, not upto the date of ITR filing by deductees – ITAT

administrator September 6, 2018 Income Tax, ITAT
Interest u/s 201(1A) chargeable up to date of payment and not upto the date of filing of return of income by the deductees – ITAT ABCAUS Case Law Citation: ABCAUS 2505 (2018) 09 ITAT The instant appeal was filed by the appellant assessee against the Order of the …
24x7 customs clearance

Facility of 24×7 customs clearance made available at M/s Adani Kattupalli Sea port in Chennai

administrator September 5, 2018 Excise/Custom
Facility of 24×7 customs clearance made available at M/s Adani Kattupalli Sea port in Chennai, making it 20th Indian Sea port with 24×7 facility Circular No. 31/2018-Customs F.No.450/25/2009-Cus-IV Government of India Ministry of Finance Department of Revenue (Central Board of Indirect Taxes and Customs) **** Room No. 227 …
ICAI Election Code of Conduct

ICAI issues Election Code of Conduct for 24th Council and 23rd Regional Councils elections 

administrator September 5, 2018 ICAI
ICAI issues Election Code of Conduct for 24th Council and 23rd Regional Councils elections  ICAI has issued Election Code of Conduct for Compliance by Candidates and their authorized representatives for Election to the Twenty Fourth Council and Twenty Third Regional Councils to be held on 7th and 8th …

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