"17 March 2020" Archive - Page 4

LLP Settlement Scheme 2020 for defaulting LLPs wef 16.03.2020

What is LLP Settlement scheme 2020 The defaulting LLP (which has made default in filing of documents in due dates specified under LLP Act,2008) can file the documents which were due for filing till 31st October,2019 on payment of additional fees of Rs. 10/-per day instead of Rs. 100/- per day provided that such payment of additional fe...

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Posted Under: Corporate Law |

Is it Mandatory to issue notice for dispute in reply to Demand Notice for raising dispute under IBC

In this article we would be discussing the third moot question i.e. is it mandatory to issue notice for dispute in reply to demand notice for raising dispute under IBC...

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Posted Under: Corporate Law |

Agreement between India & Brunei for Exchange of Information notified

NA (17/03/2020)

The Agreement between the Government of the Republic of India and the Government of Brunei Darussalam for the exchange of information and assistance in collection with respect of taxes (hereinafter referred to as the Agreement), was signed in New Delhi, India on 28th of February, 2019. The Agreement has been notified in the Gazette of Ind...

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ICAI Postpones Practical Training Assessment to be held on 22.03.2020

ICAI Practical Training Assessment scheduled to be held on March 22, 2020 stands postponed for all locations in India and Dubai. Fresh date will be announced shortly....

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Posted Under: Corporate Law |

President Assents Direct Tax Vivad se Vishwas Act, 2020

NO. 3 OF 2020 (17/03/2020)

President Assents Direct Tax Vivad se Vishwas Act, 2020 on 17th March, 2020 the Act will help Government to reduce Litigation on Direct Taxes and also offer an Opportunity to Taxpayers to get rid of Litigation by opting this Scheme. Full Text of the Direct Tax Vivad se Vishwas Act, 2020 is as follows- MINISTRY […]...

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Govt introduces Companies (Amendment) Bill, 2020 in Lok Sabha

Bill No. 88 of 2020 (17/03/2020)

Government introduces Companies (Amendment) Bill, 2020 in Lok Sabha on 17th March 2020.  The Companies (Amendment) Bill, 2020, inter alia, provides for the following, namely:— (a) to decriminalise certain offences under the Act in case of defaults which can be determined objectively and which otherwise lack any element of fraud or do n...

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