Chartered Accountancy is dominating many career choices these days and why not, after all this is one of the renowned professions prevailing in the nation. The career is fancy for the generation but its accomplishment is not easy. The accomplishment needs 4.5 years of dedicated training in the course and a qualifying certificate from the […]
Circular No.109/28/2019- GST dated 22nd July, 2019 GST on monthly subscription/contribution charged by a Residential Welfare Association (RWA) from its members:- ♣ Supply of service by RWA (unincorporated body or a nonprofit entity registered under any law) to its own members by way of reimbursement of charges or share of contribution up to an amount […]
Customs Rate of Exchange of Foreign Currency Conversion w.e.f. 2nd August, 2019 notified vide Notification No. 55/2019–Customs (N.T.) dated 1st August, 2019. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) ***** Notification No. 55/2019 – Customs (N.T.) New Delhi, dated the 1st August, 2019 In exercise of […]
(1) An authorised sea carrier carrying imported goods, export goods or coastal goods, shall before the departure of the vessel from the port, deliver the departure manifest to the proper officer electronically: Provided that where it is not practicable to deliver the departure manifest or any part thereof electronically, then the manifest or any part thereof shall be submitted manually in duplicate with the approval of the Commissioner of Customs or any other officer authorised by him:
Chartered Accountants with fulltime Certificate of Practice should register and generate their UDINs on the UDIN Portal by registering the certificates attested/certified by them. I am happy to inform that the number of UDINs generated touched the noteworthy 2-million mark.
Introduction: Real estate is one of the globally recognized sectors. Affordable housing sector got a boost with Budget 2019 and Government agenda on Housing for All. For GST purposes, let us segregate the real estate transactions into following Affordable housing segment Residential other than Affordable housing segment Commercial Apartments such as shops, offices e.t.c., Completed […]
India could face a tax landmine with authorities beginning to question input tax credit claimed by companies in lieu of Goods and Services Tax (GST) paid by their vendors. The authorities have already started sending notices to businesses, confirming fears that scrutiny will increase in the new financial year as the government looks to plug […]
The Companies Amendment Bill 2019 seeks to tighten the Corporate Social Responsibility provisions as enumerated under the Section 135 of the Companies Act, 2013 which presently requires certain classes of Companies to shell out 2% of the average net profits of the Company for the three immediate preceding years towards CSR spending. The provision also […]
Sorry, this file type is not permitted for security reasons. PE FUND TERROR IN BUSINESS WORLD Just after Cafe Coffee Day owner has gone missing and may person have committed suicide after Huge pressure from PE Fund lenders and investors, business owners are shocked by the news and are having sleepless night. In a letter […]
Supreme Court JK Jute Mill Mazdoor Morcha Vs. Juggilal Kamlapat Jute Mills Company Ltd. through its Directors & Ors. [Civil Appeal No. 20978/2017] In this matter, the AA did not admit application for CIRP filed by a trade union, which is not an OC under the Code. The NCLAT dismissed the appeal against the order […]
