In this article author analyses provisions of Section 185 of Companies Act, 2013 as substituted by Companies Amendment Act, 2017 related to Loan to Holding Companies.
MCA has so far issued Notification S.O. 351(E) dated: 23/01/2018, S.O. 630(E) dated: 09/02/2018 and S.O. 1833(E) dated: 07/05/2018 by which various provisions of Companies (Amendment) Act, 2017 is been made effective. This Article discusses Provisions of Companies (Amendment) Act, 2017 which are not yet enforced-
UAE witnessed introduction of VAT for the first time on 1st January 2018 which is imposed on the supply of goods and services at the rate of 5%. With the view to update members with the latest changes coming in the tax regime in UAE, ICAI, marking its global presence, through its Dubai Branch/Chapter, has […]
ITO Vs M/s. Perinthalmanna Service Co-operative Bank Limited (ITAT Cochin) The Assessing Officer in the impugned orders had disallowed the claim stating that the assessee could not be treated as a primary agricultural credit society as it is engaged in the business of banking and in view of insertion of section 80P(4) with effect from […]
The issue of notice under section 143(2) in reassessment proceedings, prior to finalizing re-assessment order, cannot be condoned by referring to section 292BB and it was fatal to the order of reassessment.
Notifications Notifying applicability of Sections of Companies Amendment Act, 2017 MCA vide notification dated 05th July, 2018 notified 4 Section of Companies Amendment Act, 2017. These 4 sections shall be come into effect w.e.f. 15th August, 2018. (LIST A). MCA vide notification dated 05th July, 2018 notified 1 Section of Companies Amendment Act, 2017. (LIST […]
COMPANIES (REGISTRATION OFFICES AND FEES) THIRD AMENDMENT RULES, 2018– FEE FOR FILING DIR3-KYC MCA vide its notification dated July 05, 2018 issued Companies (Registration Offices And Fees) Third Amendment Rules, 2018 in order to amend its existing rules Companies (Registration Offices And Fees) Rules, 2014. These rules will came in to force w.e.f. July 10, […]
Ministry of Corporate affairs has recently issued two notifications dated 5th & 6th July 2018 by which it has made few provisions of Companies Amendment Act, 2017 applicable from 5th July 2018 and few are notified to be effective from 15th August 2018.
The Goods and Services Tax which came into picture on 01st July 2017 has recently completed its one year. The said law was launched on the midnight of 30th June 2018 by Honourable Prime Minister Narendra Modi and then President Mr. Pranab Mukherjee. Now it’s a no more a new born baby where extra care […]
Navneet Kumar Vs.Union of India & Ors. (Calcutta High Court) Additional Director General of the Directorate of Revenue Intelligence has no jurisdiction to invoke the provisions of Section 124 of the Customs Act, 1962. A notice to show cause can be issued under Section 124 of the Act of 1962 by the persons named in […]
