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Abcaus

Resigned Director liable to pay service tax

CBI arrests 4 deputy commissioners & 1 superintendent of customs departments in an alleged bribery case

administrator May 1, 2018 Custom
CBI arrests four deputy commissioners & one superintendent, all of customs departments and a private person in an alleged bribery case Press Release New Delhi, 01.05.2018 The Central Bureau of Investigation has arrested four Deputy Commissioners and one Superintendent, all from Customs Department, Mumbai and a private person …

Unrealised Interest on NPA Accounts not taxable notionally on accrual basis-High Court

administrator May 1, 2018 High Courts, Income Tax
Unrealised Interest on NPA Accounts not taxable notionally on accrual basis. AO has to follow the RBI Directions under section 45Q of RBI Act as held by Supreme Court The appellant Revenue had filed the instant appeal against the order of the Income Tax Appellate Tribunal (ITAT) in holding …

Draft Central Labour Laws (Amendment) Rules 2018-Objections or suggestions invited

administrator May 1, 2018 Labour Laws
Draft Central Labour Laws (Amendment) Rules 2018 are published for the information of general public inviting objections or suggestions  Ministry of Labour and Employment has published the following the the Draft Central Labour Laws (Amendment) Rules, 2018 which  the Central Government proposes to make to further amend : …

IBBI invites comments from public on the Regulations notified under the IBC-2016

administrator May 1, 2018 bankruptcy
IBBI invites comments from public on the Regulations notified under the Insolvency and Bankruptcy Code 2016 for bringing modifying regulations by March 2019 Insolvency and Bankruptcy Board of India PRESS RELEASE No. IBBI/PR/2018/… 30th April, 2018 Insolvency and Bankruptcy Board of India invites comments from public on the Regulations …

UP GST Mobile squad officers to be punished for non compliance of High Court orders

administrator April 30, 2018 GST
GST Mobile squad officers to be punished for non compliance of High Court orders-UP GST Commissioner Commissioner of Commercial Tax (GST), Uttar Pradesh has issued a letter to all officers stating that it has come to the knowledge of the Head Office that officers working at mobile squad …

Fresh approval u/s 153D not required in remand case u/s 263 – High Court

administrator April 30, 2018 High Courts, Income Tax
Fresh approval u/s 153D not required in remand case u/s 263 where assessment in search case was originally framed u/s 153A after approval u/s 153D of the Income Tax Act-HC The appeal was filed by the appellant assessee is against the order of Income Tax Appellate Tribunal (Tribunal/ITAT) …

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