Penalty u/s 271D deleted for cash loan from father mother and brothers as loan was from close family relations and there was a reasonable cause u/s 273B   ABCAUS Case Law Citation: ABCAUS 2927 (2019) (05) ITAT Important Case Laws Cited/relied upon by the parties CIT vs. M. …

Insolvency Professionals to act as Interim Resolution Professionals and Liquidators (Recommendation) Guidelines, 2019 14th May, 2019 Provisions in the Insolvency and Bankruptcy Code, 2016 Section 16(3)(a) of the Insolvency and Bankruptcy Code, 2016 (Code) requires the Adjudicating Authority (AA) to make a reference to the Insolvency and Bankruptcy …

CBIC issues Part II of FAQ on new GST rate structure notified for real estate sector F. No. 354/32/2019-TRU Government of India Ministry of Finance Department of Revenue (Tax Research Unit) Dated the 14th May, 2019, New Delhi Subject: FAQs (Part II) on real estate- reg. A number …

ICAI issues 226 FAQs on The Banning of Unregulated Deposit Schemes Ordinance 2019. CAs not to act in violation of Sections 3, 4 5 and 6 of the Ordinance. The ‘Banning of Unregulated Deposit Schemes Ordinance 2019’ was necessitated by the difficulties faced in investigating of ponzi-schemes. The …

Last GSTP exam in the year 2019 to be held on 12.12.2019 – don’t miss the last opportunity   Examination for confirmation of enrollment of GST Practitioners to be conducted by NACIN  The National Academy of Customs, Indirect Taxes and Narcotics (NACIN) has been authorized vide Notification No. …

GSTN to consider providing in the software itself a facility of saving/printing forms submitted and review before submission – High Court ABCAUS Case Law Citation: ABCAUS 2926 (2019) (05) HC Important Case Laws Cited/relied upon by the parties Tara Exports v. Union of India In this case, the …