It can decisively be concluded that the question posed by the Appellant i.e. whether the GST is applicable on the Investment Advisory and Management Fees collected from the overseas Investors, is beyond the jurisdiction of the Advance Ruling, and hence cannot be decided by the Advance Ruling Authority
E-assessment Scheme, 2019 is notified vide Notification No. 61/2019- Income Tax dated 12th September, 2019. ‘Assessment’ means assessment of total income or loss of the assessee under sub-section (3) of section 143 of the Act. ‘e-assessment’ means the assessment proceedings conducted electronically in ‘e-Proceeding’ facility through assessee’s registered account in designated portal. The assessment under […]
In order to bring further uniformity, comparability and fair presentation of financial position in the Financial Statements filed by the insurers, Insurance Regulatory and Development Authority issues the following directions. Insurance Regulatory and Development Authority CIRCULAR Ref No: IRDA/F&A/CIR/MISC/184/10/2019 Date: 4th October, 2019 To, The CMDs/CEOs All Life Insurance Companies Sub : Preparation of Financial Statements […]
Raise a Grievance for refund claim (RFD 01A) filed which has not been processed -reg If you had filed claim for Refund using the Form GST RFD01A and In case your claim has not been processed by tax authorities i.e. sanctioned or rejected or you have not received the amount sanctioned to you, then you […]
This post contains Statement by RBI Governor – Fourth Bi-monthly Monetary Policy Statement, 2019-20, Fourth Bi-monthly Monetary Policy Statement, 2019-20 Resolution of the Monetary Policy Committee (MPC) and Statement on Developmental and Regulatory Policies. Reserve Bank of India Statement by Governor – Fourth Bi-monthly Monetary Policy Statement, 2019-20, October 4, 2019 Over the past three […]
OFFICE ORDER NO. 220 OF 2019 The following transfer/posting of the officers in the grade of Chief Commissioner of Income Tax and Principal Commissioner of Income Tax to the Newly Created Regional e-Assessment Centre (ReACs) at various Station across India are, hereby, ordered, with immediate effect and until further orders:
The role of the Company Secretaries as governance enablers in the Indian corporate scenario has been well acknowledged, both by the corporates and the Regulators. Company Secretaries, both in employment and in practice have distinct roles to play as far as the governance framework of the Indian corporate arena is concerned. The ICSI, too, has […]
The issue under consideration is whether the depreciation on purchase of New Weaving Looms allowed in case of assessee?
Can steel and steel parts be imported through airfreight without SIMS registration? Response: There is no restriction on mode of transport but SIMS will not be applicable on air freighted goods as this mode is used for emergency/small volume -high value goods required at short notice.
