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Abcaus

Valuation of unquoted equity shares new FMV formula-Rule 11UA and new Rule 11UAA

Valuation of unquoted equity shares new FMV formula-Rule 11UA and new Rule 11UAA

administrator July 13, 2017 Income Tax
Valuation of unquoted equity shares new FMV formula-Rule 11UA MINISTRY OF FINANCE (Department of Revenue) Notification No. 61 /2017 New Delhi, the 12th July, 2017 INCOME-TAX G.S.R. 865(E).—In exercise of the powers conferred by section 50CA and sub-section (2) of section 56 read with section 295 of the …
CA certificate valid for MSME investment in plant and machinery for classification of enterprises-RBI

CA certificate valid for MSME investment in plant and machinery for classification of enterprises-RBI

administrator July 13, 2017 RBI
CA certificate valid for MSME investment in plant and machinery for classification as Micro Small and Medium enterprises-RBI  Investment in plant and machinery for the purpose of classification as Micro, Small and Medium Enterprises-documents to be relied upon RBI/2017-18/21 FIDD.MSME & NFS.BC.No.10/06.02.31/2017-18 July 13, 2017 All Scheduled Commercial …
CBI registers case against PrCIT and others, recovers Rs 3.5 crore cash and .50 KG gold

CBI registers case against PrCIT and others, recovers Rs 3.5 crore cash and .50 KG gold

administrator July 13, 2017 Income Tax
CBI registers case against PrCIT and others, recovers cash of Rs 3.5 Crore, 05 Kg gold. Undue favour was given by transferring assessment files from Kolkata to ranchi CBI REGISTERS A CASE AGAINST PRINCIPAL COMMISSIONER OF INCOME TAX & OTHERS AND RECOVERS CASH OF RS.3.5 CRORE(APPROX) & 05 …
GST-Services by Housing Society Resident Welfare Association (RWA) not to become expensive

GST-Services by Housing Society Resident Welfare Association (RWA) not to become expensive

administrator July 13, 2017 GST
GST-Services by Housing Society Resident Welfare Association  Services provided by the Housing Society Resident Welfare Association (RWA) not to become expensive under GST; There is no change made to services provided by the Housing Society (RWA) to its members in the GST regime.  There are some press reports …
No GST on hostel accommodation charges by educational institutions from its students

No GST on hostel accommodation charges by educational institutions from its students

administrator July 13, 2017 GST
No GST on hostel accommodation charges by educational institutions from its students No GST on Annual subscription/fees charged as lodging/boarding charges by educational institutions from its students for hostel accommodation;  Services provided by an educational institution to students, faculty and staff are fully exempt from GST. There are …

NALSA-free legal services to the weaker-poor sections of the society. Eligibility and how to apply

administrator July 12, 2017 National Legal Services Authority
NALSA-free legal services to the weaker-poor sections of the society. Eligibility and how to apply, online procedure. Download Tutorial videos/manual Article 39A of the Constitution of India provides for free legal aid to the poor and weaker sections of the society and ensures justice for all. Articles 14 …

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