RBI (‘Fit and Proper’ Criteria for Elected Directors on the Boards of PSBs) Directions, 2019 – Master Direction RBI/DBR/2019-20/71Master Direction DBR.Appt.No: 9/29.67.001/2019-20 August 2, 2019 Master Direction – Reserve Bank of India (‘Fit and Proper’ Criteria for Elected Directors on the Boards of PSBs) Directions, 2019 In exercise …

No Foreclosure Charges /Prepayment Penalty on Floating Rate Term Loans for purposes other than business to individual borrowers – RBI In 2012, RBI in terms of the Monetary Policy Statement 2012-13  mandated that banks will not be permitted to charge foreclosure charges/pre-payment penalties on home loans on floating …

Deemed Registration u/s 12AA-Supreme Court admits SLP on the issue as to whether provisions of Section 12AA of the Income Tax Act, 1961 are directory or mandatory ABCAUS Case Law Citation:ABCAUS 3098 (2019) (08) SC The Sub-section 2 of Section 12AA of the Income Tax Act, 1961 (the …

In absence of cost of acquisition of development rights, TDR cannot be taxed as a capital gain. Supreme Court dismissed SLP of Department ABCAUS Case Law Citation:ABCAUS 3097 (2019) (08) SC Important case law relied upon by the parties:Sambhaji Nagar Co-op. Hsg. Society Ltd. (2015) 370 ITR 325 …

Issue of notice u/s 148 by Non jurisdictional AO not valid. Section 292BB not applicable where assessee had already objected the issue before AO ABCAUS Case Law Citation:ABCAUS 3096 (2019) (08) ITAT The instant appeal filed by the assessee was directed against the order of CIT(A). The assessee …

Finance Act 2019 download. the Finance (No. 2) Act, 2019 has received the assent of the President on 1st August, 2019 MINISTRY OF LAW AND JUSTICE(Legislative Department) New Delhi, the 1st August, 2019/Shravana 10, 1941 (Saka) The following Act of Parliament received the assent of the President on …