No TDS requirement u/s 195 on employee secondment agreement for payments for reimbursement to a non resident enterprises towards costs of seconded employees. ABCAUS Case Law CitationABCAUS 3432 (2020) (12) HC Important case law relied upon by the parties:M/s Centrica India offshore Pvt. Ltd. vs. Commissioner of income …
Based on only one fake tax invoice, evaded sales could not be assessed at 100% of the disclosed sales – High Court ABCAUS Case Law CitationABCAUS 3431 (2020) (12) HC Important case law relied upon by the parties:M/S Kapil Kumar & Brothers, Gautam Budh Nagar vs. Commissioner of …
Extension of period of company name reservation – ROC empowered to extend period by 60 days for name reserved under rule 9 using SPICe+ MINISTRY OF CORPORATE AFFAIRSNOTIFICATIONNew Delhi, 24th December, 2020 G.S.R. 795(E).—In exercise of powers conferred by section 3, sub-section (1) of section 7 and sub-sections (1) and …
Companies (Share Capital and Debentures) Second Amendment Rules 2020 Ministry of Corporate Affairs has issued Notification for Companies (Share Capital and Debentures) Second Amendment Rules, 2020. The said rules amends the Companies (Share Capital and Debentures) Rules 2014 by substituting the Form SH-7. The Form SH-7 is …
Communication between Taxpayers Facility provided on GST Portal for sending notification amongst recipient/supplier of missing documents etc. A facility of ‘Communication Between Taxpayers’ has been provided on the GST Portal, for sending a notification by recipient (or supplier) taxpayers to their supplier (or recipient) taxpayers, regarding missing documents or any …
Income of Yamuna Expressway Industrial Development Authority exempted u/s 10(46) of the Income Tax Act 1961 MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 91/2020 New Delhi, the 24th December, 2020 S.O. 4684(E).—In exercise of the powers conferred by clause (46) of section 10 of …
