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Abcaus

MSMEs

Govt. notifies criteria for classifying enterprises as MSMEs. Registration Procedure

administrator June 27, 2020 MSME
Criteria for classifying enterprises as MSMEs. Registration Procedure, Registration of existing enterprises, calculation of investment & turnover etc. Government has notified Criteria for classifying enterprises as MSMEs, forms and procedure for Registration MINISTRY OF MICRO, SMALL AND MEDIUM ENTERPRISES   NOTIFICATION   New Delhi, the 26th June, 2020 …
cbdt

Allowances / Perquisites allowable to assessee exercising option u/s 115BAC

administrator June 26, 2020 Income Tax
Allowances and Perquisites allowable to assessee who exercises option u/s 115BAC under New Tax Regime MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 38/2020 New Delhi, the 26th June, 2020 INCOME-TAX G.S.R.  415(E).—In exercise  of  the  powers  conferred  by  sub-section  (2)  of  section  115BAC  read  …
SEBI

SEBI further extends time for submission of Annual Secretarial Compliance Report

administrator June 26, 2020 SEBI
SEBI further extends time for submission of Annual Secretarial Compliance Report by listed entities due to CoVID-19 pandemic Securities and Exchange Board of India CIRCULARSEBI/HO/CFD/CMD1/CIR/P/2020/109 June 25, 2020 ToAll listed entities that have listed specified securitiesAll Recognized Stock Exchanges Madam / Sir, Sub: Further extension of time for …
registration u/s 12AA

Meaning of Genuineness of trust activities explained by ITAT

administrator June 26, 2020 Income Tax, ITAT
Meaning of genuineness of trust activities – they should not be bogus, artificial or camouflaged and whether in accordance with objects – ITAT ABCAUS Case Law Citation:ABCAUS 3323 (2020) (06) ITAT Important case law relied upon by the parties:Baburam Education Society (2018) 96 taxmann.com 606  Meaning of Genuineness …
gst registration cancellation

Extension of period to apply revocation of GST Registration cancellation order 

administrator June 26, 2020 GST
Extension of period to apply revocation of GST Registration cancellation order passed up to 12.06.2020  MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Order No. 01/2020-Central Tax New Delhi, the 25th June, 2020 S.O. 2064(E).––WHEREAS,  sub-section  (2)  of  section  29  of  the  Central  Goods  and  …
income tax

RERA income exempted u/s 10(46). Exemption apply to RERA Odisha & jharkahnd from AY 2020-21

administrator June 25, 2020 Income Tax
RERA Odisha and jharkahnd income exempted u/s 10(46)from AY 2020-21 to 2024-25 MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No. 37/2020 New Delhi, the 25th June, 2020 S.O. 2041(E).—In exercise of the powers conferred by clause (46) of section 10 of the Income-tax …

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