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Abcaus

MCA invites applications CAs

MCA invites applications from Young CAs with 2 to 5 years of experience at various locations

administrator August 5, 2019 CA CS CMA, Empanelment
MCA invites applications from Young CAs with 2 to 5 years of experience at various locations Ministry of Corporate Affairs (MCA) invites applications from Young Chartered Accountants having 2 to 5 years of post qualification experience at various locations. The selected candidates will be engaged as Consultant in …
CBDT

CBDT reduces tax collection target for FY 2019-20 by Rs. 45000 crores, from 13.80 crores to 13.35 crores

administrator August 5, 2019 Income Tax
CBDT reduces tax collection target for FY 2019-20 by Rs. 45000 crores, from 13.80 crores to 13.35 crores In May 2019, the CBDT had set a ambitious income tax budgetary target of Rs. 13.80 lakh crores for FY 2019-20 which was 15% more than the direct tax collection …
chit funds amendment bill

The Chit Funds (Amendment) Bill 2019 – Key Proposals as introduced in Lok Sabha

administrator August 5, 2019 Government
The Chit Funds (Amendment) Bill 2019 – Key Proposals. Increase in ceiling of aggregate chit amount , presence allowed through video conferencing  Government today introduced in the Lok Sabha, the Chit Funds (Amendment) Bill, 2019 to amend the Chit Funds Act, 1982. On enactment the Act shall be …
supreme court judgment

Govt proposes to increase number of Judges in Supreme Court from present 30 to 33 excluding CJI

administrator August 5, 2019 Government
Govt proposes to increase the number of Judges in the Supreme Court from present thirty to thirty-three, excluding the Chief Justice of India.  The Government today, presented in the Lok Sabha, The Supreme Court (Number Of Judges) Amendment Bill, 2019″ to amend the Supreme Court (Number of Judges) …
cbdt

CBDT relaxes time-frame u/s 143(1) for processing of refund claims of validly filed returns up to AY 2017-18 

administrator August 5, 2019 Income Tax
CBDT relaxes time-frame u/s 143(1) for processing of refund claims of all validly filed returns up to assessment year 2017-18  F.No.225/194/2019/ITA-II Government of  India Ministry of Finance Department  of Revenue Central Board of Direct Taxes North Block, the 5th August, 2019 Order under section 119 of the Income-tax …
capital gain exemption

Exemption u/s 54F could not be denied for fraud by builder in constructing building without NOC

administrator August 5, 2019 Income Tax, ITAT
Exemption u/s 54F could not be denied for fraud by builder in constructing building without NOC not disclosed to the assessee ABCAUS Case Law Citation:ABCAUS 3101 (2019) (08) ITAT Important case law relied upon by the parties:Kanan Chandra Sekhar vs. ITO, 165 ITD 315Dileep Ranjrekar, 101 taxman.com 104Balkishan …

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