Mauritius included in FATF list of jurisdictions under increased monitoring – SEBI. Though FPIs from Mauritius continue to be eligible for FPI Registration Mauritius included in FATF list The Financial Action Task Force on February 21, 2020, has placed Mauritius in the list of “jurisdictions under increased monitoring”, …
Govt. Constitutes 22nd Law Commission of India for a term of three years MINISTRY OF LAW AND JUSTICE(Department of Legal Affairs) ORDER New Delhi, the 21st February, 2020 Subject:Constitution of Twenty-second Law Commission of India for a term of three years –reg. F. …
Non striking of applicable limb of penalty u/s 271(1)(c) in notice. ITAT permits restoration of appeal if issue is decided by Supreme Court in favour of Revenue ABCAUS Case Law Citation:ABCAUS 3269 (2020) (02) ITAT In a recent judgment, Tribunal had dealt with a challenge to the validity …
Assessment framed by AO having no territorial jurisdiction based on Postal Pin Code as per CBDT Notification quashed ABCAUS Case Law Citation:ABCAUS 3268 (2020) (02) ITAT Important case law relied upon by the parties:National Thermal Power Co. Ltd. vs. Commissioner of Income Tax (1998) 29 ITR 383 (SC)Ramshila …
Pledge include re-pledge of securities for margin/settlement obligations of client-SEBI (Depositories and Participants) (Amendment) Regulations 2020 SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 21st February, 2020 SECURITIES AND EXCHANGE BOARD OF INDIA (DEPOSITORIES AND PARTICIPANTS) (AMENDMENT) REGULATIONS, 2020 No.SEBI/LAD-NRO/GN/2020/04.—In exercise of the powers conferred by Section …
CPC if not satisfied with reply of assessee, has to issue notice u/s 143(2). No disallowance to be made merely on the basis of tax audit report ABCAUS Case Law Citation:ABCAUS 3267 (2020) (02) ITAT Important case law relied upon by the parties:Peerless General Finance & Investment Co. …
