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Abcaus

categories of NBFCs

RBI to merge the three categories of NBFCs into a new category called NBFC-ICC

administrator February 25, 2019 RBI
RBI has decided to merge the three categories of NBFCs viz. AFC, LCs and ICs into a new category called NBFC-Investment and Credit Company (NBFC-ICC) Over a period of time, evolution of the NBFC sector has resulted in several categories of NBFCs intended to focus on specific sector/ …
Instruction Kit for ACTIVE eForm

Instruction Kit for ACTIVE eForm INC-22. MCA releases help for Successful Submission of Form

administrator February 25, 2019 Companies Act
Instruction Kit for ACTIVE eForm INC-22. MCA releases Form with help/important Points for Successful Submission of the e-Form The notice of change of the situation of the registered office and verification thereof shall be filed in Form No. INC-22 along with the fee and shall be attached to …
icai

ICAI advisory on e-Form ACTIVE to be filed by every company incorporated on or before 31.12.17

administrator February 24, 2019 ICAI
ICAI advisory on e-Form ACTIVE to be filed by every company incorporated on or before 31.12.17 ANNOUNCEMENT Sub: Any company incorporated on or before the 31.12.17 shall file the particulars of the company and its Registered Office, in E-Form ACTIVE (Active Company Tagging Identities and Verification) on or …
Income Tax Notice

Pre-dated demand notice even before assessment order was passed showed denial of natural justice

administrator February 24, 2019 Income Tax, ITAT
Pre-dating demand notice even before the assessment order was passed showed the assessee was denied any opportunity of hearing in violation of natural justice – ITAT ABCAUS Case Law Citation: ABCAUS 2799 (2019) (02) ITAT In the instant case, the assessee had filed the appeal against the order …
gst on real estate sector

Key Recommendations of the 33rd GST Council meeting on real estate sector.

administrator February 24, 2019 GST
Key Recommendations of the 33rd GST Council meeting on real estate sector. GST Rates, effective date, affordable housing, tax on development rights etc. Key Recommendations of the 33rd GST Council meeting Real estate sector is one of the largest contributors to the national GDP and provides employment opportunity …
GST Council 33rd Meeting

GST Council 33rd Meeting -Tax rate cut on sales of residential properties under construction

administrator February 24, 2019 GST
GST Council 33rd Meeting decisions-reduction in tax on sales of residential properties under construction.to 5 %. Definition of affordable housing altered The Union Minister of Finance & Corporate Affairs, Arun Jaitely chaired the 33rd GST Council Meeting which was held in New Delhi. The Meeting is being attended …

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