Follow Us :

Archive: 07 June 2021

Posts in 07 June 2021

Live Course on Appeal, Pleading & Drafting under GST by CA Sachin Jain

May 15, 2024 7167 Views 0 comment Print

oin us for an immersive live course led by renowned expert CA Sachin Jain, as we delve into the intricacies of appeal, pleading, and drafting under GST.

Direct & Indirect Taxes Updates- May 2021

June 7, 2021 10212 Views 2 comments Print

Recent circulars/ notifications/ rules/ clarifications/News ♦ Furnishing & upload of Form No. 34BB on Income Tax E-filling Portal (Notification No. 05 of 2021-Income Tax 24/05/2021) ♦ CBDT notifies Rule 11UAE Computation of Fair Market Value of Capital Assets for the purposes of section 50B of Income-tax Act, 1961 (Notification No.68/2021 [G.S.R. 338(E)] 24/05/2021) ♦ CBDT […]

ITAT deletes addition for LTCG made without Independent Verification

June 7, 2021 1299 Views 0 comment Print

ITAT Mumbai ruling on Anusmriti Sarkar vs ITO case. Analysis of LTCG from Kailash Auto Finance Scrip, added without independent verification. Get insights into key decisions.

Anti-dumping investigation on imports of Resin Bonded Thin Wheels

June 7, 2021 2415 Views 0 comment Print

Case No. AD-OI-09/2021 Initiation of Anti-dumping investigation concerning imports of Resin Bonded Thin Wheels originating in or exported from China PR.

Anti-dumping investigation on imports of Plain Medium Density Fibreboard

June 7, 2021 453 Views 0 comment Print

Case No. SSR-AD-03/2021Initiation of sunset review anti-dumping investigation concerning imports of Plain Medium Density Fibreboard having thickness 6mm and above from Vietnam.

Audit Reports for Corporates FY 2020-21

June 7, 2021 90207 Views 0 comment Print

Ministry of corporate affairs (MCA) has recently notified some major changes in reporting requirements of financial statement by notifying amendments in Schedule III of companies Act 2013 to be applicable from FY 2021-22 these changes will correspondingly effect reporting and preparation of independent auditor’s report as well, though these changes are applicable from FY 2021-22, […]

Rules for calculation of FMV of Capital Assets in case of Slump Salele

June 7, 2021 8820 Views 0 comment Print

Section 50B read with Section 48 of the Act provides that capital gains on slump sale will be the difference between the full value of the consideration received/ accruing as a result of transfer of capital asset and the net worth of the undertaking sold.

Applicability of Income Tax on Tribals of North Eastern States

June 7, 2021 72489 Views 65 comments Print

A critical analysis of Section 10(26) of Income Tax Act 1961 Introduction: Section 10(26) of Income Tax Act 1961 says “In the case of a member of a Scheduled Tribe as defined in clause (25) of article 366 of the Constitution, residing in any area specified in Part I or Part II of the Table […]

A Brief Coverage of Startup’s In India

June 7, 2021 7659 Views 0 comment Print

Discover the Startup India initiative and its impact on entrepreneurship in India. Learn how it has transformed the country into a hub of innovation and job creators.

Summary of NCLAT Judgement on IBC 2016 for May 2021

June 7, 2021 3051 Views 1 comment Print

NCLAT JUDGEMENT SUMMARY FOR THE MONTH OF MAY’ 2021 ON IBC, 2016 It gives us immense pleasure to share our 3rd Edition of NCLAT Judgement Summary for the month of May’ 2021 covering summary/ gist of finding of the Hon’ble NCLAT. The Judgement summary prepared by us is for the purpose of understanding in short […]

Issue & Redemption of Preference Shares by A Private Limited Company

June 7, 2021 26352 Views 0 comment Print

According to the provisions of Section 55 of the Companies Act 2013 a company limited by shares, if authorized by the Articles of Association [AOA] of the company may issue preference shares which are liable to be redeemed within 20 years from the date of their issue. No company shall be allowed to issue irredeemable preference shares.

Search Post by Date
May 2024