-
NAA passes 60 orders against complaints of profiteering
Anti-Profiteering Measures The National Anti-Profiteering Authority (NAA) was constituted on 28th November, 2017 under Section 171 of the CGST Act, 2017 to ensure that the reduction in rate of tax or...
-
GST Authorities of Advance/Appellate Rulings-Status Upto April 2019
Authority for Advance Ruling (AAR) constituted under the provisions of a SGST/ UTGST Act, in terms of the provisions of Section 96 of the CGST Act, 2017 to render ruling on issues specified under Sect...
-
GST Council – Journey so far
The GST Council was constituted on 15th September 2016 under Article 279A of the Constitution. It consists of the Union Finance Minister (Chairperson), Union Minister of State in charge of the Revenue...
-
Prohibition of Benami Property Transactions (Conditions of services of Members of Adjudicating Authority) Rules, 2019
MINISTRY OF FINANCE(Department of Revenue)Notification No. 44/2019-Income TaxNew Delhi, the 27th May, 2019G.S.R. 379(E).—In exercise of the powers conferred by section 68 read with sub-section (2) of...
-
6 Suggestions for Amendments in Income Tax Act by BCAS
Bombay Chartered Accountants’ Society has made a Representation on ‘Suggestions for Amendments in the Income Tax Act’, on 24th May, 2019, to the Joint Secretary TPL, Central Board of Direct Taxes, Min...
-
ITR 1, 2, 3, 4 & 5 for AY 2019-20 are available for e-Filing
Excel / Java Utility for ITR 1, ITR 2, ITR 3, ITR 4 & ITR 5 for AY 2019-20 is available for e-Filing. Other ITR Utilities will be available shortly.Update on 09/04/2019ITR 1 is For Individuals being a...
-
CBDT notifies Tamil Nadu Real Estate Regulatory Authority for exemption U/s. 10(46)
Notification No. 43/2019- Central Government notifies ‘Tamil Nadu Real Estate Regulatory Authority’, an Authority constituted by the State Government of Tamil Nadu in exercise of powers conferred unde...
-
CBDT notifies All India Council for Technical Education for exemption U/s. 10(46)
Notification No. 42/2019- Central Government notifies ‘All India Council for Technical Education’, New Delhi, a Council established by the Central Government, in respect of the following specified inc...
-
SEBI Discussion paper on review of buy-back of securities
Securities and Exchange Board of India1. Objective 1.1. The objective of this discussion paper is to seek comments / views from the public on suggestions relating to review of conditions for buy-back...
-
SEBI Discussion Paper on Review of Rights Issue Process
Securities and Exchange Board of IndiaDiscussion PaperReview of Rights Issue Process1. Objective1.1. The objective of this discussion paper is to seek comments / views from the public and market inter...
-
Management of Manpasapd Beverages arrested in fake invoice GST fraud
Top Management of M/s. Manpasapd Beverages Ltd. Savli, Vadodara arrested in fake invoice GST fraud.Multi locational searches were conducted on various premises of M/s Manpasand Beverages ltd. on 23/05...
-
MCA notifies Form PAS-6 Reconciliation of Share Capital Audit Report
Companies (Prospectus and Allotment of Securities) Third Amendment Rules, 2019 MCA notifies Form PAS – 6- Reconciliation of Share Capital Audit Report (Half-yearly) Pursuant to sub-rule (8) of rule 9A...
-
NFRA (Meeting for Transaction of Business) Rules, 2019
MCA notifies National Financial Reporting Authority (Meeting for Transaction of Business) Rules, 2019 vide notification dated 22 May, 2019.GOVERNMENT OF INDIAMINISTRY OF CORPORATE AFFAIRSNOTIFICATIONN...
-
CBDT extends due date of TDS Payment, Return & Certificate in Odisha
CBDT Extends the due date of depositing tax deducted at source (TDS), due date of filing of Quarterly Statement of TDS and due date for issue of TDS certificates in Form 16 and 16A in respect of deduc...
-
New GSTR Offline Tool Prototype Released on GST Portal
Web based Prototype of Offline Tool of New GST Return is an interactive demo or mock-up of the ‘Offline Tools of New Return’ to give stakeholders a feel of what the Tool will look like and to get thei...
-
CBDT amends Income-tax Rules, in Appendix II, in Form No. 15H
CBDT inserts proviso in Income-tax Rules, 1962, in Appendix II, in Form No. 15H in Part II, in note 10 vide Income-tax (4th Amendment) Rules, 2019 -Notification No. 41/2019 – Income Tax dated 22nd May...
-
Agreement for exchange of information with Marshall Islands notified
CBDT notifies Agreement for exchange of information between Government of the Republic of India and the Government of Republic of the Marshall Islands vide Notification No. 40/2019 Dated 21st May, 201...
-
ROC forms for Registration of Charges
Brief notes on ROC forms for Registration of Charges This is a brief note on the forms introduced by MCA under Chapter VI Registration of Charges and Rules thereto which includes Form CHG-1, Form CHG-...
-
CBDT condones delay in filing of audit report by trust/institution
Condonation of delay in filing of Form no. 10B (audit report by trust/institution) for Assessment Years 2016-17 and 2017-18 by CBDT vide Circular No. 10/2019 dated 22nd May, 2019 subject to fulfillmen...
-
Indian Accounting Standards (Ind AS)
Disclosure Checklist Indian Accounting Standards (Ind AS): Disclosures Checklist For Accounting year 2018-19 (Revised May 2019)Financial reporting in India has undergone a momentous transformation owi...