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Abcaus

MCA Notification

Companies (Compromises, Arrangements & Amalgamations) Amendment Rules 2020

administrator February 5, 2020 Companies Act
The Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2020. Takeover offer provisions become effective Government of IndiaMinistry of Corporate AffairsNotification New Delhi, dated the 3rd February, 2020 G.S.R. _ (E). -In exercise of the powers conferred by sub-sections (1) and (2) of section 469 read with section 230 …
icai president message

Number of women CAs today stands at about 82000. ICAI started with about 1700 members in 1949

administrator February 5, 2020 ICAI
Number of women CAs today stands at about 82000. ICAI started with about 1700 members in 1949 – ICAI President ICAI President, in his message (February 2020) proudly stated that today ICAI and its members are a force to be reckoned with. Today, ICAI is having 164 branches …
dicgc bank deposit insurance

DICGC increases bank deposits insurance coverage to 5 lakhs. Guide to DICGC Insurance & FAQ

administrator February 5, 2020 RBI
DICGC increases bank deposits insurance coverage to Rs. 5 lakhs. What type of deposits insured? Read Guide to DICGC Insurance & FAQ with examples Deposit Insurance and Credit Guarantee Corporation has increased the insurance coverage for depositors in all insured banks to ₹ 5 lakh As declared in …
FORM GSTR-3B

Due dates specified for filing FORM GSTR-3B for Jan-Mar 2020 in a staggered manner

administrator February 5, 2020 GST
Due dates specified for filing FORM GSTR-3B for Jan-Mar 2020 in a staggered manner for taxpayers having an aggregate turnover of up to rupees five Crores Government of IndiaMinistry of Finance(Department of Revenue)Central Board of Indirect Taxes and Customs Notification No. 07/2020 – Central Tax New Delhi, the …
cbdt

Applicability of TDS provisions on Mutual Fund dividend. CBDT issues clarification 

administrator February 4, 2020 Budget 2020-21, Income Tax
Applicability of TDS provisions on Mutual Fund dividend. No deduction on income in the nature of capital gains-CBDT issues clarification  The Finance Bill, 2020 proposed to remove Dividend Distribution Tax (DDT) at the level of Company/ Mutual Fund and proposed to tax the same in the hands of …
capital

When all cash credits treated as turnover, capital introduced be also treated out of it- ITAT

administrator February 4, 2020 Income Tax, ITAT
When all cash credits treated as turnover, capital introduction in cash and machinery purchased should also be considered out of the cash deposits – ITAT ABCAUS Case Law Citation:ABCAUS 3242 (2020) (02) ITAT In the instant case, an appeal was filed by the assessee against the order of …

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