SEBI notifies Format for Statement indicating Deviation or Variation in the use of proceeds of issue of listed non-convertible debt securities (NCDs) or listed non-convertible redeemable preference shares (NCRPs) alongwith its salient features. Securities and Exchange Board of India Circular No. SEBI/HO/DDHS/08/2020 Dated: January 17, 2020 To All entities whose debt securities are listed All […]
In re Security and Intelligence Services (India) Ltd (GST AAR Maharashtra) Visvesvaraya National Institute of Technology (VNIT) has neither been set up by an Act of Parliament or a State Legislature, nor has been established by any Government, with ninety percent or more participation by way of equity or control, to carry out any function entrusted […]
In re Sri Satya Sai Water Supply Project Board (GST AAR Andhra Pradesh) 1. Whether the applicant qualifies as a ‘Governmental Authority’ under the Act and whether the services availed by it are exempt from the GST by virtue of Entry 3 in Notification 12/2017 (Rate), dt: 28.06.2017? The applicant is constituted by the Government […]
CA Final Nov 2019 result has been declared yesterday and there would be many who would have not got the desired result this time. It is always very disheartening when you see negative result but the structure of the Chartered Accountancy course is such that number of students not qualifying is always more than number […]
The Government of Himachal Pradesh has approved the Himachal Pradesh (Legacy Cases Resolution) Scheme under the Department of Excise and Taxation in the Cabinet Meeting held on 16.01.2020. The Scheme will address settlement of legacy cases under General Sales Tax, VAT, CST and other taxation laws subsumed under GST. 2. The scheme will be applicable […]
No deduction shall be allowed in respect of the expenditure incurred by the assessee in relation of the income which does not form part of his total income under the Act. As assessee had not incurred any expenditure in relation to dividend income, therefore, no dis allowance could be made under section 14A.
