Sponsored
    Follow Us:

Archive: 14 September 2021

Posts in 14 September 2021

What was Cairn-Vodafone tax dispute with Government of India regarding Retrospective Tax ?

September 14, 2021 4077 Views 0 comment Print

The Indian government in Budget 2012-13, amended the Income Tax Act, 1961 to retrospectively tax cross-border transactions in which the underlying assets are located in India by which all persons, whether resident or non-residents, having a business connection in India, were required to deduct tax at source, even if the transaction was executed on a foreign soil.

ACAE request to extend timelines for holding AGM

September 14, 2021 7944 Views 0 comment Print

ACAE Request for extension of timelines for holding Annual General Meeting (AGM) under the Companies Act, 2013 for the Financial Year ended 31.03.2021 due to COVID-19 outbreak till 31st December 2021. ASSOCIATION OF CORPORATE ADVISERS & EXECUTIVES (Registered under the Societies Registration Act, 1860) An ISO 9001 : 2015 Certified Organization 6, Lyons Range, 3rd […]

Valuation – As A Profession

September 14, 2021 4086 Views 4 comments Print

Valuation is based on the relation between demand and supply as a basic principle. It had been explained in simpler terms by the great Indian Guru and thinker, CHANAKYA long ago, that Value is a measure of yield.

HC directs Income Tax Dept to refund amounts collected in excess of 20% of disputed outstanding taxes

September 14, 2021 753 Views 0 comment Print

Religare Finvest Limited Vs DCIT (Delhi High Court) Learned counsel for the petitioner relies on the judgment dated 03rd August, 2021 passed by this Court in Eko India Financial Services Pvt Ltd vs. ACIT, WP(C) No.5819/2021 wherein under similar circumstances the Respondents were directed to refund the amounts collected in excess of 20% of the […]

Capturing mandatory additional parameters for CTHs 23040020 & 23040030

September 14, 2021 573 Views 0 comment Print

For effective monitoring of imports of GM soya de-oiled cake by the Government of India and the directions received from Board in this regard, certain additional mandatory declarations are being sought from the importer in order to distinguish the GM soya de-oiled cake from other non-GM commodities or ones fit for human consumption.

Reinforcing Non-Taxability of Gains Solely due To Forex Fluctuations

September 14, 2021 1761 Views 0 comment Print

Time and again, the income tax authorities are faced with the issue of determining whether a particular receipt is capital in nature and hence exempt from taxation or is a revenue receipt and hence, taxable. This quagmire is attributable to the fact that the Income Tax Act does not stipulate any definition of the term […]

New Class of Investors – Accredited Investors

September 14, 2021 2109 Views 0 comment Print

Accredited Investors SEBI has notified and classified a new class of investors as Accredited Investors thereby raising of funds and investment in the various products may be expected to go up with lesser regulatory restrictions. SEBI earlier had issued consultation paper on the concept of Accredited Investors in the month of February, the concept is […]

Documents Required For LLP Registration

September 14, 2021 16617 Views 0 comment Print

What is LLP in Actual? LLP is a Limited Liability Partnership is a corporate business platform that provides the benefits of limited liability of a company to its members and also allows them to manage their internal management based on the mutually arrived agreement as in the case of a partnership firm. A corporate business […]

Advance Ruling Under GST- Meaning, Procedure, Applicability

September 14, 2021 21873 Views 0 comment Print

Many individuals want to start a new business or retain the existing business in the market but they don’t know about their venture and its risks. The entrepreneur needs to get a clear knowledge about taxation matters before he decides to maintain. Clarity about the taxation matters for the business is a must. Otherwise, they […]

Madras HC stays GST exemption on RWA contributions

September 14, 2021 10470 Views 0 comment Print

Madras High Court stays single-Judge ruling on GST exemption for RWA contributions upto ₹ 7,500. No exemption is applicable when the monthly contribution exceeds ₹ 7,500, the Centre told the Court.

Sponsored
Sponsored
Search Post by Date
May 2025
M T W T F S S
 1234
567891011
12131415161718
19202122232425
262728293031