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Abcaus

Banks open

All Agency Banks to remain open for public on March 31, 2019 (Sunday) – RBI

administrator March 27, 2019 RBI
All Agency Banks to remain open for public on March 31, 2019 (Sunday) RESERVE BANK OF INDIA RBI/2018-19/150 DBR.No.Leg.BC.30/09.07.005/2018-19 March 26, 2019 All Agency Banks Dear Sir/ Madam All Agency Banks to remain open for public on March 31, 2019 (Sunday) The Government of India has advised that …
interest payments to HUDCO

No TDS u/s 194A on interest payments to HUDCO – Read CBDT Notification

administrator March 27, 2019 Income Tax
No TDS u/s 194A on interest payments to HUDCO. CBDT notifies the Housing and Urban Development Corporation Ltd. u/s 194(3)(iii)(f)  MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No . 26/2019 New Delhi, the 20th March , 2019 S.O. 1399(E).-Tn exercise of the powers conferred by …
Odisha Electricity Regulatory Commission

CBDT exempts income of Odisha Electricity Regulatory Commission u/s 10(46)

administrator March 26, 2019 Income Tax
CBDT exempts income of Odisha Electricity Regulatory Commission u/s 10(46) of Income Tax Act, 1961 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 26th March, 2019 S.O. 1425(E).—In supersession of Gazette Notification No.1359(E) dated 28.04.2017, the Central Government in exercise of …
Supreme Court judgment

Excluded employee under EPF Act/Scheme 1952-Supreme Court explains the Law

administrator March 26, 2019 EPFO, Supreme Court
Excluded employee under EPF Act/Scheme 1952-Supreme Court explains that employee who withdraw accumulations from GPF/ other Funds not covered in the definition ABCAUS Case Law Citation: ABCAUS 2845 (2019) (03) SC The basic question that arose for determination in the instant case was as to whether the retired …
Supreme Court judgment

Mobile Crane Wire Rope fall in entry 155 under Rajasthan VAT being essential part of Mobile Crane–SC

administrator March 26, 2019 Supreme Court, VAT
Mobile Crane Wire Rope an essential part of Mobile Crane and therefore, taxable at the rates prescribed for the Mobile Crane under Rajasthan VAT – SC ABCAUS Case Law Citation:ABCAUS 2844 (2019) (03) SC Important Case Laws Cited/relied upon by the parties M/s Annapurna Carbon Industries vs. State …
tax collections

Negative growth in regular tax collections-CBDT calls it an alarming situation 

administrator March 26, 2019 Income Tax
Negative growth in regular tax collections-CBDT calls it an alarming situation. Only only 85.10% of FY 2018-19 target collected as on 23.03.2019. In a Departmental Letter (DO), addressed to all Pr. Chief Commissioner of Income Tax, the CBDT has expressed dissatisfaction over the tax collections achieved in financial …

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