Reopening of a case u/s 147/148, a post mortem exercise of analysing materials produced subsequently will not cure an inherently defective reopening order from invalidity due to non satisfaction of jurisdictional requirement. ITAT Delhi has relied on Delhi High Court judgment and quashed the reassessment proceedings and allowed the legal issue in …
Procedure for Registration Preparation e-filing of Form 15G 15H F. No. DGIT(S)/ADG(S)-2/TDS e-filing Notification/110/2016 Government of India Ministry of Finance Central Board of Direct Taxes Directorate of Income Tax (Systems) Notification No 7/2016 New Delhi, 4 May, 2016 Procedure for submission of declaration by person claiming receipt of …
ICAI Motto Song- Suggestions invited for Recomposition Dear Colleague The “ICAI Motto Song” played during all important events of ICAI is a source of inspiration for the CA fraternity and has a grand meaning that encourages us all to stay alert, dynamic while retaining the long cherished ideals of ‘Excellence, Independence, Integrity’ which …
Soon after making panic button and GPS in mobile phones compulsory wef 01/01/2017 and 01/01/2018 respectively, the Government (Ministry of Road Transport and Highways) has notified draft rules to amend the Central Motor Vehicles Rules, 1989 for Provision of Vehicle Location Tracking Device, Alert Button and CCTV in passengers transport vehicles …
No proposal to mandate Corporates to set aside 30% of their CSR spending for Swachh Bharat Cess-MCA Ministry of Corporate Affairs-Press Release dated 03/05/2016 As per Union Budget 2016-2017, the estimated amount to be collected from Swachh Bharat Cess during the year 2016-17 is 10,000 crores. However, there …
Ponzi Scheme Offenders-Action taken against by Government/MCA to check cases of deposit taking activities and protect interests of the investor Ministry of Corporate Affairs Press Release dated 03/05/2016 The Government is committed to tackle the menace of unregulated ponzi deposit-taking schemes and take action against the offenders. The …