Additional methods for listed entities to achieve minimum public shareholding requirements and amendments to ICDR Regulations for the purpose with respect to Qualified Institutions Placement (QIP)
The Central Government vide circular number 33/07/2018-GST dated 23 Feb 2018 has provided the following directions: – (i) Non-utilisation of Disputed Credit carried forward: – The circular provides that amount of Cenvat Credit carried forward in GST regime, which is held to be disallowed vide order in original or order in appeal, as it existed […]
We have seen many financial scams during the last few years from Satyam, Saradha, Kingfisher (Mr. Vijay Mallya), NSEL to PNB where public money running into thousands of crores of rupees has been involved. There may be many such scams which still hidden in dark room. These scams have shattered the faith of investors, citizens & other stake holders.
CIT (Central) Vs. M/S Russian Technology Center (P) Ltd. (Delhi High Court) The preceding enumeration of the circumstances of the case show that the assessee had furnished all relevant data before the AO and the CIT(A), which, however, were not inquired into by the AO. Instead he obdurately adhered to his first impression and/or initial […]
Some important Point About UIN are as follow:- 1. Meaning of UIN :- UIN stand for Unique Identification Number , is a special class of GST Registration for foreign diplomatic missions and embassies which are not liable to taxes in the Indian territory. 2. As per Entry no. 59 of Notification no. 12/2017 Central Tax (Rate) […]
Income Tax calculator Cum Tax Computation for Financial Year 2017-18 – Simple Version Income Tax Computation and Tax Calculator for Financial Year 2017-18 – Simple version – Live Demonstration video Link Given.
Whether the Multi-National Accounting Firms (MAFs) are operating in India in violation of law in force in a clandestine manner, and no effective steps are being taken to enforce the said law. If so, what orders are required to be passed to enforce the said law.
When there is direct sale transaction between two principals and there is no principal agent relationship, provisions of section 194H are not applicable
CESTAT Delhi held that imparting training in English, French, German, Spanish language by the appellant are entitled for exemption under notification No. 9/2003 ST dated 20.6.03 and notification No. 24/2004 dated 10.9.2004. Therefore the appellant is not liable to pay service tax.
A two-judge bench of the Bombay High Court, in The Commissioner of Income Tax, Valsad v. M/s. C. N. Builders & Developers held that the deduction under section 80-IB is available to the assessee- Builder, even if the construction is not according to the plan approved by the authorities.
