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Abcaus

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 …
sebi

Promoters daughters are part of promoter group irrespective of marriage – SEBI

administrator June 11, 2020 SEBI
Promoters daughters are immediate relatives and part of promoter group irrespective of marriage or living a separate life or no involvement in management – SEBI Promoters daughters are part of promoter group  SEBI replying to a informal guidance has stated that by virtue of the definition of ‘promoter …
cbic

Refund of accumulated ITC restricted to invoices reflected in GSTR-2A of applicant

administrator June 10, 2020 GST
Refund of accumulated ITC restricted to invoices uploaded by supplier in FORM GSTR-1 and reflected in FORM GSTR-2A of applicant Circular No. 139/09/2020-GST CBEC-20/06/03-2020 -GSTGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Indirect Taxes and CustomsGST Policy Wing**** New Delhi, Dated the 10th June, 2020 To,The Principal …

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