Follow Us :

Archive: 24 September 2019

Posts in 24 September 2019

Time limit for filing e-form No. BEN-2 extended upto 31.12.2019

September 24, 2019 5082 Views 0 comment Print

General Circular No. 10/2019– Time limit for filing e-form No. BEN-2 is extended upto 31.12.2019 without payment of additional fee and thereafter fee and additional fee shall be payable. Consequent to the extension in the date of filing of e-Form BEN-2, the date of filing of Form BEN-1 may be construed accordingly. General Circular No. […]

TDS on Payment made to jewellery market exhibition for stall at exhibition

September 24, 2019 65196 Views 1 comment Print

Where basic evidence to prove the contention of assessee was contract between assessee and organizers, which assessee failed to produce before AO and contentions as raised by assessee have not been substantiated through any evidence or material on record, therefore, space was allotted to assessee for carrying out its business activities and assessee was liable to deduct TDS under section 194-I.

Know all about Interim Resolution Professional under IBC

September 24, 2019 20613 Views 2 comments Print

Article explains about Eligibility of Insolvency Professional, Appointment of Interim Resolution Professional, Tenure of Interim Resolution Professional and Management of affairs and Business of the corporate debtor after appointment of Interim Resolution Professional under IBC. Eligibility for Insolvency Professionals:- [Regulation -4 of IBBI (Insolvency Professional Regulations, 2016] No individual shall be eligible to be registered […]

Notice to ICAI for Negligence of Examiner stopping student from becoming CA

September 24, 2019 19830 Views 0 comment Print

Gross Negligence of Examiner in evaluating correct MCQ Answers as wrong stops CA Final student from becoming CA, legal notice to ICAI issued for rectifying the errors. Advocate Paras Jain has served the attached legal notice to Institute of Chartered Accountants of India (ICAI) for rectifying the mistakes committed by the Examiner in MCQ Answers […]

Delegated Legislation – Pain or Gain??

September 24, 2019 17541 Views 2 comments Print

The Theory of Separation of Power promulgated by Montesquieu states that, the responsibilities and power of these branches of government should be kept separate from each other without any kind of interference. However, broadly speaking, their categorical roles can’t exactly be confined into a water tight compartment.

Bench marking of Most Appropriate Option for Taxation of Domestic Companies

September 24, 2019 4257 Views 2 comments Print

Government has brought in the Taxation Laws (Amendment) Ordinance 2019 and announces major relief in corporate tax for domestic companies, in order to boost the Make in India initiative. Corporate tax reduced to 22% (Effective Tax Rate 25.17% inclusive of Surcharge and Cess) for domestic firms while for new manufacturing companies, tax rate has been […]

No ST under RCM on deployment of Employees of Parent Company & Payment of Salaries to them

September 24, 2019 1395 Views 0 comment Print

The issue under consideration is whether the service tax under RCM will be levied on deputed employees working under control, direction and supervision of overseas companies?

Request to extend due date for submitting Tax Audit Reports/related ITR

September 24, 2019 162066 Views 92 comments Print

Chartered Accountants’ Association Ahmedabad requested that CBDT shall exercise the discretionary powers vested in it under section 119 of the Act, by extending due date of 30th September, 2019, to ameliorate the difficulties faced by the assessees on account of no default on their part, by extending the due date for filing the income tax […]

HC Quashes Non-Speaking Order for Detention of Goods under GST Law

September 24, 2019 2451 Views 0 comment Print

India Logistics And Cargo Movers Vs The State of Gujarat (Gujarat High Court) It was incumbent upon the GST Department to give reasons in support of their conclusion that the goods in question and the conveyance are required to be confiscated. However, the impugned order is totally bereft of any reasons, in the absence of […]

e-File Your Income Tax Return

September 24, 2019 8571 Views 0 comment Print

Discover the convenience of e-Filing your income tax return from anywhere and anytime. Simplify the process and reduce your compliance burden with this technologically sophisticated solution.

Search Post by Date
July 2024
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
293031