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Abcaus

Supreme Court judgment

Payment of wage for lockdown period – Supreme Court directs negotiation & settlement

administrator June 12, 2020 Labour Laws, Supreme Court
Payment of wage for lockdown period – Supreme Court directs negotiation & settlement with workers/employees ABCAUS Case Law Citation:ABCAUS 3320 (2020) (06) SC Payment of wage for lockdown period In the instant case, several writ petitions had been  filed by  different employers, employers’ associations questioning the orders issued  …
SEBI

Audit of compliance with PPM by AIFs and benchmarking process – SEBI Clarification

administrator June 12, 2020 SEBI
Audit of compliance with PPM by Alternative Investment Funds (AIFs) and carrying out the benchmarking process – SEBI Clarification CIRCULAR SEBI/HO/IMD/DF6/CIR/P/2020/99 June 12, 2020 To,All Alternative Investment Funds Dear Sir/ Madam, Sub: Clarifications with respect to Circular dated February 05, 2020 on ‘Disclosure Standards for Alternative Investment Funds …
sebi

Investment by sponsor or asset management company in the scheme-SEBI Clarification

administrator June 12, 2020 SEBI
Investment by the sponsor or asset management company in the scheme-SEBI Clarification   SECURITIES & EXCHANGE BOARD OF INDIA   CIRCULAR   SEBI/HO/IMD/DF4/CIR/P/2020/   June 12, 2020   All Mutual Funds (MFs)/ Asset Management Companies (AMCs)/ Trustee Companies/ Boards of Trustees of Mutual Funds/ Association of Mutual Funds …
Transfers postings

CBDT makes 272 transfer/postings in the grade of Assistant / Deputy Commissioner

administrator June 12, 2020 Income Tax
CBDT makes 272 transfer/postings in the grade of Assistant / Deputy Commissioner of Income Tax. CBDT has made 215 transfer/postings in the grade of Assistant / Deputy Commissioner of Income Tax. In addition, 41 transfer/postings of review cases has also been made. Further 16 transfer/postings have been done …
GST Council 42 meeting

Late fee of GSTR-3B return for July 2017 to January 2020 reduced/waived in 40th GST council meeting

administrator June 12, 2020 GST
Late fee for GSTR-3B return for July 2017 to January 2020 reduced / waived in 40th GST council meeting – Read other recommendations Recommendations of 40th GST council meeting related to Law & Procedure The 40th GST Council met under the Chairmanship of Union Finance & Corporate Affairs Minister Smt …
capital gain

Exemption u/s 54F allowed when two sales deed executed to avoid TDS as insisted by vendor

administrator June 12, 2020 Income Tax, ITAT
Exemption u/s 54F allowed as vendor insisted for execution of two  sale deeds to avoid TDS as agreement for purchase of property was not disputed  ABCAUS Case Law Citation:ABCAUS 3319 (2020) (06) ITAT In the instant case, the appeal was filed by the assessee against the  order passed …

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