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Archive: 07 September 2019

Posts in 07 September 2019

Receipt from a right to sue cannot be considered capital gain U/s. 45

September 7, 2019 3174 Views 0 comment Print

ACIT  Vs Shri Anil Gulabdas Shah (ITAT Mumbai) The undisputed position that emerges is the fact that the property under consideration was subject matter of extensive litigation which ultimate got culminated into sale of the property by the assessee in terms of consent terms dated 03/01/2012 between the assessee and certain other parties. The assessee, […]

Employees’ State Insurance (Central) Amendment Rules, 2019

September 7, 2019 22608 Views 1 comment Print

1. (1) These rules may be called the Employees’ State Insurance (Central) Amendment Rules, 2019. (2) They shall come into force on the date of their publication in the Official Gazette. 2. In the Employees’ State Insurance (Central) Rules, 1950, in rule 52, for the words rupees one hundred thirty seven, the words rupees one hundred seventy six shall be substituted.

Statutory Repositories under IBBI (Information Utilities) Regulations, 2017

September 7, 2019 633 Views 0 comment Print

IBBI approves MCA 21 database of the Ministry of Corporate Affairs and the Central Registry of Securitisation Asset Reconstruction and Security Interest of India (CERSAI) registry as repositories under regulation 21(2)(c)(ii) of the Insolvency and Bankruptcy Board of India (Information Utilities) Regulations, 2017. Insolvency and Bankruptcy Board of India 7th Floor, Mayur Bhawan, Connaught Place, […]

UDIN Guidelines 2019 by ICSI

September 7, 2019 4590 Views 0 comment Print

UNIQUE DOCUMENT IDENTIFICATION NUMBER (UDIN) Guidelines 2019 is Approved by ICSI Council on 27th June, 2019 Objective of the Guidelines 1. enable the stakeholders to verify the authenticity of various documents certified by Company Secretaries in Practice; 2. prevent counterfeiting of various attestations / certifications; 3. provide ease of maintaining the Register of Attestation / […]

Section 54F | Holding period | Computation from allotment or possession date

September 7, 2019 3069 Views 0 comment Print

 As allotment of property was final and payment of purchase consideration had been duly made before allotment, therefore, holding period of property had to be computed from the date of allotment, and not from the date of taking delivery of possession which was only a follow-up action.

eCSIN Guidelines 2019

September 7, 2019 20091 Views 3 comments Print

Employee Company Secretary Identification Number ( eCSIN ) -Guidelines 2019 are Approved by the ICSI Council on 27th June 2019 and these areSubject to the Clause (1) of the Part II of the Second Schedule to the Company Secretaries Act, 1980 Objective of the eCSIN Guidelines 2019 (1) to monitor the appointment and cessation of […]

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