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Archive: 12 November 2018

Posts in 12 November 2018

CG specifies Adjudicating Authority of Jammu and Kashmir under Benami Property Law

November 12, 2018 330 Views 0 comment Print

Central Government (CG) hereby specifies that the New Delhi Bench of the Adjudicating Authority appointed under section 7 of the Prohibition of Benami Property Transactions Act, 1988 shall exercise jurisdiction under the said Act over the whole of India except the State of Jammu and Kashmir. Notification No. 80/2018 Dated: 12th November, 2018. MINISTRY OF […]

CG appoints Adjudicating Authority at Delhi under Benami Property Law

November 12, 2018 828 Views 0 comment Print

Central Government (CG) appoints an Adjudicating Authority at New Delhi to exercise jurisdiction, powers and authority conferred by or under Prohibition of Benami Property Transactions Act, 1988. Notification No. 79/2018 Dated: 12th November, 2018. MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 12th November, 2018 S.O. 5675(E). In exercise of the powers conferred […]

IBBI can suo moto take cognisance of contravention of provisions by an IP

November 12, 2018 1350 Views 0 comment Print

It was submitted that the Board cannot suo moto take cognisance without a complaint made under sections 217 and 218 of the Code against an IP. The DC notes that section 218 allows the Board to order inspection or investigation either on receipt of a complaint or when it has reasonable ground to believe that […]

Introduction to VAT in UAE

November 12, 2018 4566 Views 0 comment Print

GCC i.e. Gulf Cooperation Council is a political and economic alliance of six middle eastern countries- Saudi Arabia, Kuwait, UAE, Qatar, Bahrain and Oman. The GCC was established in Saudi Arabia in May 1981. The objective of the GCC is to achieve unity among members based on their common objectives and their similar political and […]

Rs 50 crore GST evasion Case- Accused is not a CA- ICAI

November 12, 2018 1965 Views 1 comment Print

After comprehensive review of the aforesaid news-item, ICAI, being a regulator of the profession of Chartered Accountants had taken up the matter and verified its records and found that Madhusudan Pandey is not a Chartered Accountant as his name does not appear in the Register of members maintained by the ICAI.

GST Annual Return: An Overview

November 12, 2018 42018 Views 23 comments Print

Government has announced for annual return to be filed under Goods & Service tax Act. The form of annual GST return is to be filed by every GST registered person including composition taxable person except provided.

GST cannot be Deducted from Salary of Employees employed through UPNL

November 12, 2018 5292 Views 0 comment Print

Kundan Singh Vs State & others (Uttarakhand High Court) Salary is the property within the meaning of Article 300-A of the Constitution of India. No GST or Service Tax can be deducted from the salary of the petitioners without any authority of law. It is reiterated that the Principal Employer is the State Government. The […]

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