Section 269SU related to provision of electronic mode for acceptance of payments not to apply to businesses having only B2B transactions Circular No. 12/2020 F.No.370142/3512019-TPLGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes**** Dated: 20th May, 2020 Subject: Clarifications in respect of prescribed electronic modes under …
Review of Post-Default Curing Period for Credit rating agencies in view of covid-19 pendemic SECURITIES & EXCHANGE BOARD OF INDIA CIRCULAR SEBI/ HO/MIRSD/ CRADT/ CIR/ P/ 2020/ 87 May 21, 2020 ToAll Credit Rating Agencies (CRAs) registered with SEBI Dear Sir/ Madam, Sub: Review of Post-Default Curing Period …
SEBI Advisory on disclosure of material impact of CoVID–19 pandemic on listed entities under LODR Regulations Securities and Exchange Board of India CIRCULAR SEBI/HO/CFD/CMD1/CIR/P/2020/84 May 20, 2020 To,All listed entitiesAll Recognized Stock ExchangesAll Depositories Madam / Sir, Subject: Advisory on disclosure of material impact of CoVID–19 pandemic on …
CBDT amends Safe Harbour Rules. Rule 10TD shall apply for AY 2020-21 Safe Harbour Rules amended MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 25/2020 New Delhi, the 20th May, 2020 INCOME-TAX G.S.R.304(E).—In exercise of the powers conferred by section 295 read with …
Surplus due to foreign exchange rate fluctuation part of export turnover u/s 80HHC in the year of receipt if brought to India within prescribed time ABCAUS Case Law Citation:ABCAUS 3312 (2020) (05) HC Important case law relied upon by the parties:RaghunathExport (P) Ltd. v. Commissioner of Income-TaxCommissioner ofIncome-Tax …
Prosecution u/s 276C of Official Liquidator of company. High Court dismissed the application of Income Tax Department ABCAUS Case Law Citation:ABCAUS 3311 (2020) (05) HC Prosecution u/s 276C against Official Liquidator of company In the instant case, the Principal Commissioner of Income Tax (PCIT) had made an application …