Interest free Advances by charitable society-ITAT rules out violation of provisions of Section 13(1)(c) and 13(1)(d) of the Income Tax Act, 1961 Act ABCAUS Case Law Citation: ABCAUS 2777 (2019) (02) ITAT Important Case Laws Cited/relied upon by the parties Tribunal in DCIT (Exemptions) v. Vels Institute of …
External Commercial Borrowings (ECB) Policy – ECB facility for Resolution Applicants under Corporate Insolvency Resolution Process In terms of RBI “External Commercial Borrowings (ECB) Policy – New ECB Framework”, ECB proceeds could not be utilised for repayment of domestic Rupee loans, except when the ECB is availed from …
SEBI issues Format for annual secretarial audit report and annual secretarial compliance report for listed entities and their material subsidiaries Securities and Exchange Board of India Format for annual secretarial audit report and annual secretarial compliance report for listed entities and their material subsidiaries CIRCULAR CIR/CFD/CMD1/27/2019 February 08, …
Extension of due date for furnishing GST TDS return FORM GSTR-7 for the month of January, 2019 till the 28th day of February, 2019. MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No. 8/2019–Central Tax New Delhi, the 8th February, 2019 G.S.R. 101(E).—In exercise of …
No disallowance u/s 43B when unpaid custom duty was included in the value of the closing stock – Supreme Court dismissed SLP of the Department ABCAUS Case Law Citation: ABCAUS 2776 (2019) (02) SC The Assessing Officer (AO) had made a disallowance u/s 43B of the Income Tax …
ICAI to conduct its Disciplinary Proceedings through e-hearings as a pilot project The Institute of Chartered Accountants of India (ICAI) is all set to conduct its Disciplinary Proceedings through e-hearings for expeditious disposal of Disciplinary cases. The ICAI, for the first time, have fixed to conduct e-hearing of disciplinary proceedings on February 9, 2019 through Video-conferencing …
