The issue under consideration is Whether compensation paid to earlier buyer to cancel the agreement is deductible expenditure u/s 48 for calculation of Capital Gains?
The mechanism of pledge / re-pledge shall be implemented with effect from August 01, 2020. Trading member (TM) / Clearing member (CM) shall endeavor to align their systems and accept client collateral and margin funded stocks by way of creation of pledge / re-pledge in the Depository system.
In view of the prevailing situation due to COVID-19 pandemic and representation received from the Depositories, it has been decided to further extend the timelines for compliance with the regulatory requirements by DPs / RTAs / KRAs.
In view of the prevailing situation due to Covid-19 pandemic and representations received from the Stock Exchanges, it has been decided to further extend the timelines for compliance with the regulatory requirements by the Trading Members / Clearing Members / Depository Participants (DPs). Securities and Exchange Board of India CIRCULAR SEBI/HO/MIRSD/DOP/CIR/P/2020/141 July 29, 2020 To, […]
whether the office which is established merely for the sake of communication is covered under the character of Permanent Establishment (PE) under India-Korea DTAA?
SEBI extends the timeline for submission of financial results under Regulation 33 of the LODR Regulations, for the quarter/half year/financial year ended 30th June 2020, to September 15, 2020.
Office of the Commissioner of State Tax, Maharashtra State, 1st Floor, GST Bhavan, Mazgaon, Mumbai-10. TRADE CIRCULAR To, ____________ ___________ ____________ No. ACST(VAT-3)/App/E-submi. & Hearing/Bal Mumbai. Date. 29/07/20. Trade Circular 11T of 2020. Sub. Guidelines for online e-submission and e-hearing in first appeals‑reg. Ref. 1. Maharashtra Act No XXXI of 2017 dated 15th April 2017. […]
It was requested by the Trade and Associations that time limit provided for submission of application for refund of security deposit of Rs. 25,000/- be extended.
1. INTRODUCTION The Govt. in Budget 2019 introduced section 194N in Income-tax Act, 1961 to promote digital payments and discourage the practice of making business payments in cash. In Budget 2020 the scope and applicability of this section has been increased to discourage delay in filing of return of income. The Govt. wants people to […]
Article explains What is Trademark, Who can apply for a Trademark, What are the various types of Trademarks that can be registered, What are the Documents Required for the Registration of Trademark, What steps involved in Trademark application filling process and What are the Benefits of getting Trademark Registered. 1. What is Trademark? A registered […]
