Gas regulating measuring equipment installed at customers site fulfills the description in Section 65(105)(zzzzj) of a taxable service – SC ABACUS Case Law CitationABCAUS 3376 (2020) (08) SC Important case law relied upon by the parties:Indian National Shipowners’ Association and Anr.  v.  Union of India and others The …

Payment received for shares, duly issued cannot be a debt under Insolvency and Bankruptcy Code. Personal loan to Promoter/Director cannot trigger CRIP -SC  ABACUS Case Law CitationABCAUS 3375 (2020) (08) SC Important case law relied upon by the parties:Innoventive Industries Ltd. v. ICICI Bank and Anr.B. K. Educational …

Provision for display of companies annual return on website applicable from 28.08.2020. Web-link of annual return to be disclosed in the Board’s report MINISTRY OF CORPORATE AFFAIRSNOTIFICATION New Delhi, the 28th August, 2020 S.O. 2920(E).—In exercise of the powers conferred by sub-section (2) of section 1 of the …

Ashok Kumar Dixit, Joint Secretary appointed as Director (Discipline) of the Institute of Company Secretaries of India w.e.f. 1st September, 2020 THE INSTITUTE OF COMPANY SECRETARIES OF INDIA NOTIFICATION New Delhi, the 28th August, 2020 ICSI No. 1 of August, 2020.—The Council of the Institute of Company Secretaries …

Addition for jewellery found in search deleted as net weight found in search was lower than jewellery found during earlier search despite minor mismatch in items of jewellery.  ABACUS Case Law CitationABCAUS 3376 (2020) (08) ITAT Important case law relied upon by the parties:Krishan Kumar Modi versus ACIT …

PoA is optional for opening client account by stock broker / depository participant – SEBI  SECURITIES & EXCHANGE BOARD CIRCULAR SEBI/HO/MIRSD/DOP/CIR/P/2020/158 August 27, 2020 To,All Depositories All Recognised Stock Exchanges Madam/ Sir, Subject: Execution of Power of Attorney (PoA) by the Client in favour of the Stock Broker/ …