Extension of timelines/periods as prescribed under the IP Acts/Rules towards completion of various acts/proceedings, falling due between lockdown period shall be 18th May 2020. Office of CGPDTM, MumbaiGovt. of India PUBLIC NOTICE (Ref: Notice dated 25/03/2020 and 15/04/2020) Dated 4th May, 2020 Whereas …
Car mattings not classifiable as parts & accessories of motor vehicles. no need to apply common parlance/market test – SC ABCAUS Case Law Citation:ABCAUS 3305 (2020) (05) SC Important case law relied upon by the parties:CCE vs. Wood Craft Products Ltd. Collector of Central Excise, Bombay-II vs. Sterling …
Cash credit entries in books of a firm, in absence of material to indicate that they were its profits, could not be assessed in the hands of the firm ABCAUS Case Law Citation:ABCAUS 3304 (2020) (05) HC Important case law relied upon by the parties:Deputy Commissioner of Income …
Incoming auditor may communicate with retiring Auditor vide E-mail due to lockdown. Acknowledgement of communication to be valid in terms of Code of Ethics ICAI relaxes requirement of communication with retiring Auditor ICAI Announcement dated 01.05.2020 Communication with the Retiring Auditor through E-mail The members have raised concerns …
Goods movement under CST terminate when delivery is taken from carrier. There is no concept of constructive delivery-Supreme Court ABCAUS Case Law Citation:ABCAUS 3303 (2020) (05) SC Important case law relied upon by the parties:CTO vs. Bhagwandas & SonsGuljag Industries Limited vs. State of Rajasthan & AnotherArjan …
SEBI relaxes compliance requirements of Mutual Funds SECURITIES AND EXCHANGE BOARD OF INDIA SEBI/HO/IMD/DF3/CIR/P/2020/76 April 30, 2020 All Mutual Funds/Asset Management Companies (AMCs)/ Trustee Companies/Boards of Trustees of Mutual Funds/Association of Mutual Funds in India (AMFI) Sir / Madam, Sub: Relaxation in compliance with requirements pertaining to Mutual …