Extension of timeline for implementation of Grievance Resolution between listed entities and proxy advisers Securities and Exchange Board of India CIRCULAR SEBI/HO/CFD/CMD1/CIR/P/2020/159 August 27, 2020 All listed entities that have listed their specified securities All Recognized Stock Exchanges Madam / Sir, Subject: ‘Grievance Resolution between listed entities and …
Corrigendum to restructuring of income tax jurisdictions in view of Faceless Assessment MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No.68/2020 CORRIGENDUM New Delhi, the 27th August, 2020 (Income-tax) S.O. 2902(E).—In the notification of the Government of India, Ministry of Finance, Department …
RBI extends time for Submission of annual returns by UCBs to 30.09.2020 As per section 31 of the Banking Regulation Act, 1949 read with Section 56 , accounts and balance-sheet together with the auditor’s report are required to be published and furnished as returns to the Reserve Bank …
Revised claim of deduction u/s 80IC allowed without revised return Judgment of Supreme Court applies to AO not appellate Authorities ABACUS Case Law CitationABCAUS 3373 (2020) (08) ITAT Important case law relied upon by the parties:Goetz India Ltd In the instant case, the assessee had challenged the order …
Comparison between present income tax assessment and faceless assessment Current vs Faceless Assessment Present Assessment System Faceless Assessment System Case selection through system, Manual & Tax evasion information 1. No discretion to any officer in selection 2. No selection except through system red alerts 3. No selection other …
Frequently Asked Questions (FAQ) on Portfolio Managers by SEBI SEBI has issued FAQs on Portfolio Mangers 1. Who is a Portfolio Manager? A portfolio manager is a body corporate, which,pursuant to a contract with a client, advises or directs or undertakes on behalf of the client (whether as …