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Archive: 27 September 2019

Posts in 27 September 2019

Modification Guidelines on Standardization in Health Insurance

September 27, 2019 2277 Views 0 comment Print

Pre-existing Disease means any condition, ailment, injury or disease: a) That is/are diagnosed by a physician within 48 months prior to the effective date of the policy issued by the insurer or b) For which medical advice or treatment was recommended by, or received from, a physician within 48 months prior to the effective date of the policy or its reinstatement.

Modification Guidelines on Product Filing in Health Insurance Business

September 27, 2019 1365 Views 0 comment Print

Every Health Insurance product shall cover all Pre Existing Diseases disclosed by the persons to be insured immediately after the expiry of the forty-eight months waiting period or such lower period as stipulated in the product.

Section 194N TDS Credit to be available in year of deduction: CBDT

September 27, 2019 5142 Views 0 comment Print

Notification No. 74/2019-Income Tax- CBDT inserted a new sub-rule (3A) in rule 37BA to provide that for the purposes of section 194N, credit for tax deducted at source shall be given to the person from whose account tax is deducted and paid to the Central Government account for the assessment year relevant to the previous […]

Authorization for export of imported SCOMET items for repair/ replacement

September 27, 2019 2976 Views 0 comment Print

Paragraph 2.79C of Handbook of Procedures of FTP 2015-20 has been amended to lay down the procedure for export of SCOMET items imported for repair / replacement in the repair facilities set up in the country.

Amtek Auto Case: The new rulings in offing for IBC

September 27, 2019 4236 Views 0 comment Print

The Supreme Court has granted the Resolution Professional of Amtek Auto 21 days to invite fresh bids. This need to invite fresh bids has been necessitated because of backtracking of Liberty House, a London based Business House which amongst other Resolution Applicants had submitted its resolution plan where it offered Rs.4025 crore, which included an […]

Checklist for Scheme of Compromise, Arrangements and Amalgamations

September 27, 2019 43938 Views 7 comments Print

Section 230 and 232 of Companies Act 2103 read with rules Companies (Compromise, Arrangements and Amalgamation) Rules, 2016  Step: 1 AUTHORISATION IN MOA AOA Step: 2 DRAFT SCHEME OF MERGER Step: 3 CALL BOARD MEETING ⇓  Call Board Meeting and approve following resolutions: a. Approve the draft scheme of Merger. b. Authorization to filing of […]

Notification No. 51/2019-Customs (N.T./CAA/Extension/DRI), Dated: 27.09.2019

September 27, 2019 981 Views 0 comment Print

Appointment of CAA by DGRI -reg – Notification No. 51/2019-Customs (N.T./CAA/DRI) Dated 27th September, 2019 Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Directorate of Revenue Intelligence Notification No. 51/2019-Customs (N.T./CAA/DRI) New Delhi, dated the 27th September, 2019 S.O. (E). – In pursuance of notification No. 60/2015-Customs (N.T.), published […]

Extend last date of filing of Income tax returns in Tax Audit case

September 27, 2019 1122 Views 0 comment Print

Representation regarding extension of last date of filing of Income tax returns in Audit case and Audit Reports from 30-09-2019 to 30-11-2019 by District taxation Bar Association, Karnal to Hon Smt Nirmala Sitharaman, Hon. Union Minister of Finance, Ministry of Finance, Government of India’. DISTRICT TAXTATION BAR ASSOCIATION (REGD.) REGD. OFF : AAYKAR BHAWAN, SECTOR […]

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