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Archive: 24 July 2020

Posts in 24 July 2020

Party Wise Break Up of TCS- CBDT Amends Income Tax rules

July 24, 2020 9600 Views 0 comment Print

Credit for tax collected at source shall be given to the person from whose account tax is collected and paid to the Central Government account for the assessment year relevant to the previous year in which such tax collection is made

Rajasthan HC Grants Interim Relief To J.K. Cement in High VAT/CST demand case

July 24, 2020 1437 Views 0 comment Print

Rajasthan High Court Grants Interim Relief To J.K. Cement Ltd. From Being Exposed To High Tax Demand Under Rajasthan Vat Act And Central Sales Tax Act.

Composition of Board of Director – LODR & Companies Act 2013

July 24, 2020 55281 Views 0 comment Print

Minimum / Maximum Number of Directors in a Company- Under Section 149 -Section 149 of the Companies Act, 2013 requires that every company shall have a minimum number of 3 directors in the case of a public company, 2 directors in the case of a private company, and 1 director in the case of a […]

Consumer Protection (Administrative Control over the State Commission and the District Commission) Regulations, 2020

July 24, 2020 2286 Views 0 comment Print

These regulations may be called the Consumer Protection (Administrative Control over the State Commission and the District Commission) Regulations, 2020. They shall come into force on the date of their publication in the Official Gazette.

Effective dates of provisions related to Consumer Protection Act, 2019

July 24, 2020 3276 Views 0 comment Print

–Notification No. S.O. 2351(E) dated 15th July 2020. -Notification No. S.O. 2421(E) dated 23rd July 2020. The Consumer Protection Act, 2019 (‘New Act’) received the assent of the President of India and was published in the official gazette on 9th August 2019. This New Act will replace the old Consumer Protection Act, 1986 (‘Old Act’). […]

Consumer Protection (Consumer Commission Procedure) Regulations, 2020

July 24, 2020 5646 Views 0 comment Print

(1)These regulations may be called the Consumer Protection (Consumer Commission Procedure) Regulations, 2020. (2) They shall come into force on the date of their publication in the Official Gazette.

Companies (Indian Accounting Standards) Amendment Rules, 2020

July 24, 2020 11085 Views 0 comment Print

(1) These rules may be called the Companies (Indian Accounting Standards) Amendment Rules, 2020. (2) They shall come into force on the date of their publication in the Official Gazette.

GST Liability – Payment In Installments

July 24, 2020 5766 Views 2 comments Print

It is held by the honourable Kerala High Court that the petitioner, who is an assessee under the GST Act, is not disputing his liability to tax, or the quantum thereof, for the period in question. It only seeks an installment facility to pay the admitted tax, together with interest thereon, in view of the financial difficulties faced by it during the Covid pandemic situation, when its business has come to a total standstill.

An Overview of Employee Provident Fund – Withdrawal

July 24, 2020 2850 Views 0 comment Print

CS Lily Bali We all know that provident fund is a welfare scheme for employees and where both employer and employee contribute their  part but it’s a liability of employer to deposit whole part. Employer deducted the employee share from the salary of the employee. PERCENTAGE OF CONTRIBUTION:  Both employee and employer are required to […]

File section 67(6) Application for provisional release of vehicle: HC

July 24, 2020 1143 Views 0 comment Print

Kiran  Choubey W/O Shri Narendra Choubey Vs State of Gujarat (Gujarat High Court) It appears that final order in Form MOV-11 has been passed. Thus, the truck has been ordered to be confiscated under the provisions of Section 130 of the CGST Act 2017. As a final order of confiscation has been passed and the […]

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