President of India inaugurates platinum jubilee celebrations of Institute of Cost Accountants of India; says Cost Accountants should ensure that products and services are delivered at a competitive price but without compromising on quality The President of India, Shri Ram Nath Kovind, inaugurated the platinum jubilee celebrations of the Institute of Cost Accountants of India […]
The adjudication proceedings on the goods detained / seized should be completed expeditiously as the law itself provides for release of goods on fulfilment of prescribed condition.
We are of the view that the ULIP surrender charges are not part of taxable service of management of funds. Rather it is in the nature of penalty or liquidated damages which is not a service and hence cannot be made liable for tax during the period involved .
G.S.R…………….. (E).- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962) and sub-section (12) of section 3 of the Customs Tariff Act, 1975 (51 of 1975), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India
Supreme Court has in the case of PCIT Vs. Tejua Rohitkumar Kapadia upheld the Gujarat high Court Order and dismissed the special leave petition filed by Department on the issue of deletion of Addition for Bogus Purchases. Text of the High Court Judgment in TAX APPEAL NO. 691 of 2017 dated: 18 September, 2017 is […]
Recently notified new eFORM DIR-3 KYC by Ministry of Corporate Affairs (MCA), states that, ‘As part of updating its registry, MCA would be conducting KYC of all Directors of all companies annually through a new eform viz. DIR-3 KYC to be notified and deployed shortly’.
Appointment of Auditor for conducting GST audit of the Oriental Bank of Commerce . 1) Last date for submission – 01.08.2018 Eligibility Criteria The Bidder needs to comply with all the eligibility criteria mentioned below to be evaluated in Eligibility bid evaluation phase. Non-compliance to any of these criteria would result in outright rejection of […]
Can Delhi High Court decision in the case of ‘Cellular operators association of India Vs. UOI’ block migration of KKC? Revenue authorities are issuing show cause notice to the registered taxable persons who had migrated accumulated credit of Krishi Kalayan Cess (herein after referred as KKC) from erstwhile tax regime to new tax regime vide Trans-1 Form.
The most important aspect in credit appraisal and assessment and monitoring in banking is the capacity of the sanctioning, monitoring, and reviewing authorities to take timely decision based on the performance of the past and the prospects of the future to meet the challenges of the present so as to prevent the account becoming Non-Performing Asset (NPA).
MCA is conducting KYC of all Directors of all companies annually through a new eform viz. DIR-3 KYC. Important points to be noted: 1. Every Director who has been allotted DIN on or before 31st march, 2018 and whose DIN status is ‘Approved’. 2. Due date of filing of DIR-3KYC is on or before 31st August, […]
