Taxcharcha
Company LawLatest

Increasing threshold of default under section 4 of IBC, 2016

by Team Taxcharcha0985
MCA

The Central Government has specified the limit of Rs. 1 Crore as the minimum amount of default for the purpose of Section 4 of IBC, 2016.

To download the notification, click here Notification 28032020

section 4 of IBC 2016
section 4 of IBC 2016

Related posts

Where the assesse has made the FDR out of borrowed funds, the interest on such FDRs cannot be added back by invoking the provisions of section 57(iii) of the Income Tax Act, 1961 – ITAT Delhi

Team Taxcharcha

Circular No 108/2019-Central Tax – Clarification regarding procedures to be followed in respect of goods sent / taken out of India for exhibition purpose or on consignment basis for export promotion

Team Taxcharcha

Notification no. 31/2019-Central tax – Central Goods and Services Tax (Fourth Amendment) Rules, 2019

Team Taxcharcha