IBBI releases Provisional list of 848 Insolvency Professionals from 12 Cities. Insolvency and Bankruptcy Board of India has released Provisional list of Insolvency Professionals (IPs) prepared in accordance with Insolvency Professionals to act as Interim Resolution Professionals and Liquidators (Recommendation) (Second) Guidelines, 2018. The Board has invited observations …
Delegation of powers to Regional Directors for alteration of articles for conversion of public ltd company to private and different accounting year MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 18th December, 2018 S.O. 6225 (E).—In exercise of the powers conferred by section 458 of the Companies Act, …
Shri Arun Jaitley, Minister of Finance and Corporate Affairs has introduced the Companies (Amendment) Bill, 2018 (Bill No. 187 of 2018) in the Parliament to further to amend the Companies Act, 2013. The proposed Act shall be called the Companies (Amendment) Act, 2018 and shall be deemed to …
CBI has booked a Delhi based Chartered Accountant (CA) in a alleged Bribery case. A lady Income Tax Inspector has also been booked along with the said CA. A written complaint was made to the CBI alleging that that one Income Tax officer (ITO) at Delhi had issued …
CBDT authorizes CIT u/s 119(2)(b) to admit belated applications in Form No. 9A and Form No.10 in respect of AY 2016-17-Circular 7/2018 Circular No. 7 / 2018 F.No.197/55/2018-ITA-IGovernment of India Ministry of Finance Department of RevenueCentral Board of Direct Taxes North Block, New Delhi20th December , 2018 Sub: …
Prosecution 276C(2) – Evasion of tax vs evasion of payment of tax. High Court quashed prosecution when ITAT reduced income and there was no indifference on the part of assessee to pay demanded tax ABCAUS Case Law Citation:ABCAUS 2677 (2018) (12) HC Important Case Laws Cited/relied upon:Commissioner of …