No penalty u/s 271D can be levied when cash loans were treated as undisclosed income of the assessee u/s 68 of the Income Tax Act – ITAT ABCAUS Case Law Citation: ABCAUS 2743 (2019) (01) ITAT Important Case Laws Cited/relied upon: Diwan Enterprises vs. CIT CIT vs. Standard …
IBBI (Insolvency Resolution Process for Corporate Persons) Regulations 2016 amended to provide for performance security by resolution applicant Insolvency and Bankruptcy Board of India No. IBBI/PR/2019/0224th January, 2019 Press Release The Insolvency and Bankruptcy Board of India amends the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for …
ICAI Revised Procedure for providing inspection/certified copies of evaluated answer-books to the concerned examinees The revised Guidelines are as under: 1. An examinee may apply seeking inspection/certified copies of answer books, within 30 days from the date of declaration of respective result(s), with the applicable fee, online at …
Reopening of assessment for past years on account of the cancellation of Registration u/s 12AA is not permissible unless registration was obtained by fraud, collusion or concealment of any material fact ABCAUS Case Law Citation:ABCAUS 2742 (2019) (01) HC The Petitioner had filed the instant Petition against the …
Supreme Court stays arrest of petitioner under GST Act, directs release on bail in the event of arrest ABCAUS Case Law Citation: ABCAUS 2741 (2019) (01) SC The Hon’ble Supreme Court has stayed the arrest of the petitioner under GST Act on the condition that he appears before …
Employees of depository participant entities not to be considered as Depository Participant or their associate under SEBI (D&P) Regulations 2018 CIRCULAR SEBIIHO/MRD/ DOP2-DSA2/CIR/ P/2019/22 January 23, 2019 ToAll Depositories, Dear Sir / Madam, Sub: Clarifications in SEBI (Depositories and Participants) Regulations, 2018 SEBI, vide notification dated October …
