Which of the following has to be considered while calculating the presumptive income under section 44AE of the Income-tax Act.1961 (Act) in the context of amendment made in sub-section (2) of section 44AE of the Act vide Finance Act, 2018 w.e.f. 01.04.2019.
Report of the Competition Law Review Committee submitted to Union Finance and Corporate Affairs Minister Key recommendations include introduction of a ‘Green Channel’ for combination notifications to enable fast-paced regulatory approvals of mergers and acquisitions Shri Injeti Srinivas, Secretary (Corporate Affairs), today presented the Report of the Competition Law Review Committee to the Union Minister […]
The last date of conversion from CPC to Foundation Course was 16th August, 2019 and considering the hardship being faced by students in converting themselves from CPC to Foundation Course, it has been decided by the Competent Authority that the last date of conversion is extended from 16th August, 2019 to 7th September, 2019 for appearing in November, 2019 Foundation Exams provided –
It’ is almost time to GSTR Annual Return. GST Input Reconciliation is take major time to match with we availed inputs. While Downloading GSTR 2A from GSTN portal, Data downloaded with is Bold characters (Total) and space Contents. We cannot start to reconcile with this data’s due to look up or copying is not able […]
Hello, looking to lesser number of filling GSTR 9, I would like to give some inputs which might motivates to those who have yet not started filling GSTR 9. Even for all those who are struggling anywhere in GSTR 9. A. What Is The Barometer For Comparison While Filling GSTR 9? It’s always Books. If […]
Assessee was not eligible for exemption from payment of MAT as per the provisions of section 115JB(6), since, admittedly, it did not qualify as a business or services rendered by an entrepreneur or developer in a unit or SEZ as per definition of the said terms in the SEZ Act.
Most of us hear about term plan often but aren’t much aware of what exactly it is. A term plan is basically a type of life insurance which offers coverage for a period of time to the policyholder. In case of demise of the insured over the tenure of the policy, a sum assured is […]
Canara HSBC OBC Life Insurance Company is a JV of two of country’s largest public sector banks and has vast network offering a wide range of life insurance solutions, plans suited for meeting individual’s personal requirement. The company offers complete protection to the policyholder and his family in case of an unanticipated event. The various […]
M/s System India Castings Vs Pr. CIT (Chhattisgarh High Court) It was mentioned that the assessee has preferred an Appeal against the penalty order before the CIT (Appeals), Raipur, which is pending for decision. When the CIT (Appeals) heard the appeal preferred by the assessee on merits, it reached to the conclusion that the petitioner […]
CBDT Circular dated 8th August 2019, enhancing the monetary limits for Dept appeals, states that the modifications shall come into effect from the date of issue of the Circular, it must be interpreted to mean that the enhanced limits apply not only to appeals to be filed in future but also to appeals pending for disposal as on now.
