Addition u/s 69B for difference in stock from statement given to Bank deleted as in preceding year it was deleted following High Court judgment ABCAUS Case Law Citation:ABCAUS 3105 (2019) (08) ITAT Important case law relied upon by the parties:CIT vs. Sidhu Rice & General Mills, 281 ITR …
Facility of e-Verification (EVC) of Return (ITR) without login enabled at e-filing portal Income Tax e-filing website has launched ‘e-Verify Return’ for e-Verification of ITR without login. This facility can be accessed by clicking ‘e-Verify Return‘ button in home page under ‘Quick Links’. Steps to verify return (EVC) …
ICSI Request for inclusion of Company Secretary in the Definition of “Accountant” given under Explanation to Section 288(2) of the Income Tax Act, 1961 After the representation of The Institute of Cost Accountants of India last month, the ICSI has also demanding that company secretaries be included in …
The Company Secretaries (Amendment) Regulations 2019. ICSI invites suggestions on draft regulations MINISTRY OF CORPORATE AFFAIRS(THE INSTITUTE OF COMPANY SECRETARIES OF INDIA)(Constituted under the Company Secretaries Act, 1980) NOTIFICATION New Delhi, the 6th August, 2019 No. 710/1(M)/1.—The following draft of certain regulations, further to amend the Company Secretaries …
IBBI issues CPE guidelines for Insolvency Professionals. Minimum 10 hours each and 60 hours in three calendar years prescribed Insolvency and Bankruptcy Board of India 6th August, 2019 Insolvency and Bankruptcy Board of India (Continuing Professional Education for Insolvency Professionals) Guidelines, 2019 1. Short title and commencement (a) …
No Penalty u/s 271(1)(c) for mere disallowance in quantum proceedings in the absence of any falsity in the explanation offered ABCAUS Case Law Citation:ABCAUS 3104 (2019) (08) ITAT Important case law relied upon by the parties:CIT vs. Reliance Petro Products Pvt. Limited (322 ITR 158) (sc)Price Waterhouse Coopers …
