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Archive: 14 November 2020

Posts in 14 November 2020

Court grants Bail to person alleged of taking Fake ITC Credit

November 14, 2020 1680 Views 0 comment Print

No doubt, economic offences should be dealt with sternly, however mere allegations of economic offence does not dis-entitled any person from seeking personal liberty unless there are overwhelming material against such person. In the present case, no money trail has been brought on record which shows that accused Ashish Aggawal is the ultimate beneficiary of alleged fake ITC credits.

ICMAI notification- Merged Intermediate & Final Exams- Dec 2020

November 14, 2020 792 Views 0 comment Print

The Institute of Cost Accountants of India has decided to conduct the Intermediate and Final Examination in December, 2020 in Online Mode. This is the merged examinations of both June 2020 term and December 2020 term.

E-invoicing and its applicability with illustration

November 14, 2020 73377 Views 10 comments Print

What is e-invoicing under GST? e-invoicing refers as per Rule 48(4) of CGST Rules, notified class of registered persons have to prepare invoice by uploading specified particulars of invoice (in FORM GST INV-01) on Invoice Registration Portal (IRP) and obtain an Invoice Reference Number (IRN) Notified persons: A registered person, other than an SEZ unit*, […]

How to file Income Tax Return of Deceased Person???

November 14, 2020 42075 Views 22 comments Print

Find out how to file income tax return of a deceased person. Understand the process and requirements for legal representatives.

ICMAI Instruction for Foundation Examination December 2020

November 14, 2020 756 Views 0 comment Print

Instruction for Foundation Examination December 2020 The Institute of Cost Accountants of India has decided to conduct a Foundation Examination of December, 2020 in home based online mode due to pandemic Novel Corona Virus (COVID-19) to ensure the interest of all the stakeholders. All candidates/students will have to appear in the Foundation Examination of December, […]

Remedy u/s 14 of SARFAESI Act not rendered redundant if District Magistrate unable to handover possession

November 14, 2020 13698 Views 0 comment Print

C. Bright Vs District Collector & Ors. (Supreme Court) Whether the time limit of 30 days which is further extendable by a further period 30 days for a District Collector to secure the possession of a secured asset is mandatory or directory? The challenge in the present appeal is to an order passed by the […]

Representation to FM to Widen Scope of Benefit of 20% for flats

November 14, 2020 14796 Views 3 comments Print

Representation for widening the scope of benefit in case of difference in agreement price and Circle Rate of property is upto 20 per cent for the purpose of Income tax.

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