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Abcaus

merger of bank

Vijaya Bank/Dena Bank merger with BOB-Share exchange ratio and other rights of Shareholders

administrator January 3, 2019 Finance Ministry
Amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda from 01.04.2019-Share exchange ratio and other rights of Shareholders of Transferor banks The Government has notified the Amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda Scheme, 2019.The Scheme shall come into force on the …
Statutory Central Auditors

List of audit firms approved as Statutory Central Auditors in PSB FY 2018-19

administrator January 3, 2019 Empanelment
List of audit firms approved for appointment as Statutory Central Auditors in 21 Public Sector Banks for the year 2018-19 Sl. No. Name of the Bank Statutory Central Auditors for the year 2018-19 1 Allahabad Bank 1. M/s Nandy Halder & Ganguli, Kolkata 2. M/s P L Tandon …
Circular on TDS from salaries

CBDT Circular on TDS from salaries during FY 2018-19 u/s 192.

administrator January 2, 2019 Income Tax
CBDT Circular on TDS from salaries during FY 2018-19 u/s 192. Important points to be considered by employers/DDOs  CBDT has issued circular no. 1/2019 dated 1st January, 2019 on income tax deduction from salaries during the financial year 2018-19 under section 192 of the Income-tax Act, 1961 As per …
reopening notice u/s 148

CIT(A) direction to initiate fresh reassessment proceeding after deciding objections set aside

administrator January 2, 2019 Income Tax, ITAT
CIT(A) direction to initiate fresh reassessment proceeding after deciding assessee’s objections set aside as reassessment was bad in law ABCAUS Case Law Citation: ABCAUS 2692 (2019) (01) HC Important Case Laws Cited/relied upon: Multiplex Trading & Industrial Co. Ltd. 170 (Delhi). G.K.N Driveshafts (India) Ltd. v. ITO: (2003) …
PAN card Rule

Procedure, Formats and Standards for issue of Permanent Account Number

administrator January 2, 2019 Income Tax
Procedure Formats and Standards for issue of Physical and e-PAN by Income Tax Department or Authorised PAN Service providers In pursuance of the amended Sub-rule (6) to rule 114 of Income Tax Rules, 1962 notified vide- notification G. S. R. No. 1128( E) dated 19.11.2018 the Principal Director …
sale deed

Sale deed registered by HC order related back to original sale agreement

administrator January 2, 2019 High Courts, Income Tax
Execution of sale deed by order of High Court would relate back to the date of original agreement to sale with benefit of cost indexation from said date ABCAUS Case Law Citation:ABCAUS 2692 (2019) (01) HC Important Case Laws Cited/relied upon:ACIT vs. Rajesh Jhaveri Stock Brokers Pvt. Ltd., …

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