"08 February 2019" Archive

CA IPC / Intermediate November 2018 Exams Pass Percentage & Toppers

The results of Chartered Accountants Intermediate (IPC) & Intermediate (New) Examination were declared today by the Institute of Chartered Accountants of India (ICAI). Chartered Accountants Intermediate (IPC) Examination held in November, 2018 I. Details of top three rank holders on All India Basis for Chartered Accountants Intermedia...

Read More

Due date to file Form GSTR-7 for January extended to 28.02.2019

Notification No. 08/2019–Central Tax [G.S.R. 101(E).] 08/02/2019

CBIC extends the time limit for furnishing the FORM GSTR-7 return by a registered person required to deduct tax at source under GST Law for the month of January, 2019 till the 28th day of February, 2019....

Read More

Companies (Significant Beneficial Owners) Amendment Rules, 2019

Notification No. G.S.R. 100(E) 08/02/2019

Central Government hereby makes the following rules further to amend the Companies (Significant Beneficial Owners) Rules, 2018, namely These rules may be called the Companies (Significant Beneficial Owners) Amendment Rules, 2019....

Read More

Leasing of work-wear – Maintenance not means retention of effective control

Lindstrom Service India Private Limited Vs Commissioner of Central Excise & Serive Tax (CESTAT Chandigarh)

In the instant case, in terms of agreement work-wear rented out always remains within the exclusive possession of their clients and nobody else can use the those work-wear at the same time and hence effective control to lie with the user/ clients. The appellant, therefore, does not have control over the use of the work-wear. Thus the acti...

Read More

HC allows interest on borrowed Funds advanced to Subsidiary Companies

Pr. CIT Vs DLF Hotel Holding Ltd. (Delhi High Court)

DLF Hotel Holding Case: Interest On Borrowed Funds Allowed As Deduction Under Section 36(1)(iii) Even If Some Of Funds Financed To Subsidiary Companies...

Read More

SEBI notifies Format for annual secretarial audit report & compliance report

Circular No. CIR/CFD/CMD1/27/2019 08/02/2019

Format for annual secretarial audit report and annual secretarial compliance report for listed entities and their material subsidiaries as notified by SEBI on 08.02.2019...

Read More

HC releases bank A/c of directors which were attached for GST liability of Company

H.M. Industrial Pvt. Ltd Vs Commissioner, CGST And Central Excise (Gujarat High Court)

On behalf of the respondents, reliance has been placed upon the provisions of section 89 of the CGST Act to submit that the same permits recovery of the dues of the private company from its directors in case such amount cannot be recovered from the company. ...

Read More

Invest less while you earn and enjoy more, if you are retired

> Longevity is a fact– we elders live longer. In 2018, in one of our retirement communities, based on eleven of CovaiCare family members who left for their heavenly abode, their average age was 83 years....

Read More
Posted Under: Income Tax |

Levy of advertisement tax by State govt is ultra vires post 101st amendment

Pankaj Advertising Vs State of U.P. (Allahabad High Court)

Pankaj Advertising Vs State of U.P. (Allahabad High Court) Allahabad High Court has held that levy and collection of Advertisement Tax by Nagar Palika Parishad, Hathras is without legislative/statutory competence and is ultra-vires Article 265 of the Constitution. The High Court observed that by 101st Amendment to the Constitution, Entry-...

Read More

CBDT Forms Committees on litigation management including International Good practices

F No 279/Misc./M-120/2018-(ITJ) 08/02/2019

As per the discussion held during Judicial Conference held on 04.01.2019, a committee is being constituted to examine the suggestions/issues on litigation management emerging out of the Conference. The composition or the Committee is as follows:...

Read More

Search Posts by Date

July 2021