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Abcaus

mca

Delegation of powers to RDs-conversion of Public company into private and different Accounting Year

administrator December 21, 2018 Companies Act
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, …

The Companies (Amendment) Act, 2018 introduced in Loksabha

administrator December 21, 2018 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 …
arrest

CBI has booked a Delhi based CA & lady Income Tax Inspector in a bribe case

administrator December 20, 2018 Income Tax
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 power 119

CBDT authorizes CIT to admit belated Form No. 9A / 10 for AY 2016-17-Circular

administrator December 20, 2018 Income Tax
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: …
Income Tax Prosecution

Evasion of tax vs. evasion of payment of tax. High Court quashed prosecution u/s 276C(2)

administrator December 20, 2018 High Courts, Income Tax
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 …
Angel Investors

DIPP takes up matter of Income Tax Notice to Angel Investors / Start-ups with DoR

administrator December 20, 2018 Government
Press Information Bureau Government of India New Delhi, December 19th 2018 DIPP Clarification on IT Notice to Angel Investors / Start-ups The Department of Industrial Policy & Promotion(DIPP) has taken notice of the news reports regarding issue of notices by Income Tax authorities to Angel Investors/Start-ups. DIPP in …

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