RBI issues notice for Deferral of Implementation of Indian Accounting Standards (Ind AS)
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On the basis of xerox, B S Yedyurappa can’t be held guilty
Ministry of Finance CBDT refutes Media Report Posted On: 22 MAR 2019 5:23PM by PIB Delhi A search action under Section 132 of the Income-tax...
Where the Ld. CIT(A) passed the order exparte due to non appearance by the assessee, the assessee is given one final opportunity of being heard and in case of adjournment, the CIT(A) can pass any order which e may deem fit under law. – ITAT Delhi
IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH ‘E’, NEW DELHI BEFORE SH. R.K PANDA, ACCOUNTANT MEMBER AND SH. KULDIP SINGH, JUDICIAL MEMBER ITANo.1757/Del/2019 AssessmentYear:2015-16...
IBBI, SEBI sign MoU for better implementation of IBC
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34th GST Council Meeting Decision
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Where the assessing officer made certain additions on the basis of the information provided by DGIT (Inv.) , Mumbai, the same holds valid- ITAT Mumbai
[docxpresso file=”https://taxcharcha.com/wp-content/uploads/2019/03/ITAT-Mumbai.odt” comments=”true” SVG=”true”] Since the information is provided by the DGIT(Inv) , Mumbai and the proceedings of escapement of income initiated on...
That the salary paid in the year of operation for the period before the commencement of the operation should not be disallowed- ITAT Delhi
[docxpresso file=”https://taxcharcha.com/wp-content/uploads/2019/03/ITAT-Delhi-2.odt” comments=”true” SVG=”true”] Since, the assessee is providing health care services before the commencement of its super speciality hospital “Medanta”, the salary...
“Reasons to Believe” in GST and what procedure followed during the search was illegal – High Court of Allahabad
[docxpresso file=”https://taxcharcha.com/wp-content/uploads/2019/03/Reason-to-belive-in-CGST.odt” comments=”true” SVG=”true”] To Download the order of High Court, WTAX(A)_619_2018...
When the assessee company stands dissolved as defunct company u/s 560(5) of the Companies Act, 1956 (section 248(2) of the Companies Act, 2013) that doesn’t mean that income tax proceedings and appeals become infructuous. – Supreme Court of India
[docxpresso file=”https://taxcharcha.com/wp-content/uploads/2019/03/Defunct-Company-1.odt” comments=”true” SVG=”true”] To download, High Court of Rajasthan at Jaipur- Gopal Shri Scrips Pvt Ltd. Supreme Court of India _ Gopal...
The Ministry of Corporate Affairs has issued “The National Guidelines on Responsible Business Conduct, 2018 (NGRBC) – MCA
The Ministry of Corporate Affairs (MCA), Government of India, released a set of guidelines in 2011 called the National Voluntary Guidelines on the Social, Environmental...
The Long duration post graduate programs offered by Indian Institute of Management, Bangalore will be exempt from GST under Si. no. 66 of the Notification No. 12/2017 CT(R) – AAR Karnataka
[docxpresso file=”https://taxcharcha.com/wp-content/uploads/2019/03/AAR-Karnataka.odt” comments=”true” SVG=”true”] To download order, The Karnataka Appellate Authority for Advance Ruling – IIMB The Authority on Advance Rulings – Karnataka – IIMB...
Clarification on filing of e-form RD- l-Conversion of public company into private company and change in a Financial Year- MCA
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Circular No. 93/2019 – Seeks to clarify nature of supply of Priority Sector Lending Certificates (PSLC)
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CBDT increases tax free gratuity limit from Rs.10 lakh to Rs.20 lakh
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MCA21 system will be unavailable from Saturday, 9th March 2019 8 am to 6 pm due to maintenance activity – MCA
MCA 21 will not be available on Saturday for maintenance purposes...
Quoting of Permanent Account Number in Returns, Certificates and Correspondence with any Income Tax Authority
After demonetisation, there is a fear in everyone’s mind whether to submit their PAN to certain department or not or whether this transaction requires submission...
Corrigendum to Circular No. 76/50/2018-GST dated 31st December, 2018 issued vide F.No. CBEC- 20/16/04/2018-GST- Reg.
Corrigendum to Circular No. 76/50/2018-GST F.No. 20/16/04/2018 -GST Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs GST...
New GST Returns proposed by CBIC
The Central Board of Indirect Taxes and Customs (CBIC) has proposed three new GST return forms in its initiative of Ease of Doing Business. The...
Circular No. 92/2019 – Circular clarifying various doubts related to treatment of sales promotion scheme under GST
Circular No. 92/11/2019-GST F. No. 20/16/04/2018-GST Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs GST Policy Wing...
Notification No. 02/2019-Central Tax (Rate) – To give composition scheme for supplier of services with a tax rate of 6% having annual turn over in preceding year upto Rs 50 lakhs.
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] Government of India Ministry of Finance (Department of Revenue) Notification...
Notification no. 14/2019-Central Tax – Seeks to supersede notification No. 08/2017 – Central Tax dated 27.06.2017 in order to extend the limit of threshold of aggregate turnover for availing Composition Scheme u/s 10 of the CGST Act, 2017 to Rs. 1.5 crores.
[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)] Government of India Ministry of Finance (Department of Revenue) Central...
Notification no. 13/2019-Central Tax, prescribe the due dates for furnishing of FORM GSTR-3B for the months of April, May and June, 2019.
[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)] Government of India Ministry of Finance (Department of Revenue) Central...
Notification No. 12/2019-Central Tax-prescribe the due dates for furnishing of FORM GSTR-1 for those taxpayers with aggregate turnover of more than Rs. 1.5 crores for the months of April, May and June, 2019.
[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)] Government of India Ministry of Finance (Department of Revenue) Central...
Notification No. 11/2019-Central Tax – Seeks to prescribe the due dates for furnishing of FORM GSTR-1 for those taxpayers with aggregate turnover upto Rs. 1.5 crores for the months of April, May and June, 2019.
[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)] Government of India Ministry of Finance (Department of Revenue) Central...
Notification No. 10/2019 – Central Tax – Persons exempted from obtaining GST registration
[TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] Government of India Ministry of Finance (Department of Revenue) Notification...