RBI releases the Report of the Committee on the Development of Housing Finance Securitisation Market Date : Sep 09, 2019 The Reserve Bank of India had constituted a Committee on the Development of Housing Finance Securitisation Market, on May 29, 2019, with Dr. Harsh Vardhan, Senior Advisor, Bain & Co. …

ICAI Advisory on Auditor’s Reporting on directors remuneration u/s 197(16) of the Companies Act 2013 ICAI has issued an advisory for chartered accountants for Auditor’s Reporting requirement on directors remuneration u/s 197(16) of the Companies Act 2013. The advisory issued is as under: Advisory on Auditor’s Reporting on …

Prosecution u/s 276B set aside as intention of company was to deposit TDS, but due to bad financial condition the same was not deposited in time but later on In a recent judgment, The Session Judge set aside the prosecution u/s 276B and sentence of Rs. 25 lakhs …

CBDT amends Income Tax Rules / Form 56/10G regarding application for exemption u/s 10(23C) and 80G. Read CBDT Notification  MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 60/2019-Income Tax New Delhi, the 5th September, 2019 S.O. 3215(E).—In exercise of the powers conferred by the first …

Interest awarded in motor accident claim cases from the date of the Claim Petition till passing of award/judgment not taxable, being not an income. ABCAUS Case Law Citation:ABCAUS 3142 (2019) (09) HC Important case law relied upon by the parties:Rama Bai and ors. vs. Commissioner of Income Tax, …

Revised AoC-4 Non-XBRL form due to amendment of Schedule III of CA 2013 to be available soon without additional fee-MCA Advisory The Central Government has made further amendments to Schedule III to the Companies Act, 2013 vide Notification dated 11th October 2018. As per the said notification, Division …