"22 October 2019" Archive

Companies (Accounts) Amendment Rules, 2019

G.S.R. 803(E). (22/10/2019)

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 22 October, 2019 G.S.R. 803(E). In exercise of the powers conferred by section 134 read with section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies (Accounts) Rules, 2014, namely:- 1. (1) These rul...

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MCA notifies IICA to create & maintain data base related to independent directors

S.O. 3791(E) (22/10/2019)

Central Government notifies Indian Institute of Corporate Affairs (IICA) at Manesar (Haryana) to create and maintain data bank containing names, addresses and qualifications of persons who are eligible and willing to act as independent directors, for the use of the company making the appointment of such directors. MINISTRY OF CORPORATE AF...

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Companies (Appointment and Qualification of Directors) Fifth Amendment Rules, 2019

G.S.R. 804(E). (22/10/2019)

Companies (Appointment and Qualification of Directors) Fifth Amendment Rules, 2019 shall come into force with effect from the 1st day of December, 2019....

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Companies (Creation and Maintenance of databank of Independent Directors) Rules, 2019

G.S.R. 805(E) (22/10/2019)

(1) These rules may be called the Companies (Creation and Maintenance of databank of Independent Directors) Rules, 2019. (2) The provisions of these rules, other than rule 2 and 5, shall come into force with effect from the 1st day of December, 2019....

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Protocol amending DTAA between India & Morocco

Notification No. 84/2019 [S.O. 3789(E)] (22/10/2019)

Agreement between the Government of the Republic of India and the Government of the Kingdom of Morocco for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes MINISTRY OF FINANCE (Department of Revenue) Notification No. 84/2019-Income Tax New Delhi, the 22nd October, 2019 S.O. 3789(E).—Whereas, th...

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Extend last date for annual filing under Companies Act, 2013: ICSI

ICSI received many requests from companies/ professionals for extension of last date for filing of annual forms due to the following reasons:...

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Posted Under: Company Law | ,

TDS cannot be imposed on payment made before amendment of law

DCIT (TDS) Vs M/s. Rediff. Com. India Ltd. (ITAT Mumbai)

Even though amendment was given a retrospective effect but by that time assessee had already done the transactions without complying section 194J for payment made towards data line charges, therefore, assessee could not be held to have violated the provisions of section 194J, because the law cannot possibly compel a person to do something...

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Examine feasibility of vesting powers under GST to VAT Tribunals/CESTAT

Hari Om Ispat Udyog Vs State of Punjab and Other (Punjab and Haryana High Court)

Hence, we request Mr. Satya Pal Jain, Additional Solicitor General to examine the feasibility of vesting the powers under GST regime to the already functional VAT/Sales Tax Tribunals/CESTAT as a temporary measure....

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TDS on payments made to government/government agencies

As most of you are aware, from years this issue is bothering many vendors who are dealing with either the government or with governmental agencies. I researched in many websites, but no article/discussion/query provided me the satisfaction or clarity on this debatable issue. In this article I have tried to breakdown the logic and provide ...

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Posted Under: Company Law |

ED not Liable to disclose Panama Papers details under RTI: CIC

Mr. Durga Prasad Choudhary Vs CPIO & Dy. Director Directorate of Enforcement (Central Information Commission)

Mr. Durga Prasad Choudhary Vs CPIO & Dy. Director Directorate of Enforcement (Central Information Commission) Appellant stated that the information sought by him had not been provided whereas this was a serious matter pertaining to corruption at higher levels. He drew the attention of the Commission to various media reports in Nationa...

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