Ocwen Financial Solutions Pvt. Ltd. Vs ACIT (ITAT Bangalore) During the previous year relevant to assessment year, the assessee had spent on buy-back of shares and debited the same to Profit & Loss account. The expenditure was disallowed by the AO in his draft assessment order holding the same to be capital expenditure. Hon’ble High […]
Export of Eggs, Potatoes, Onions, Rice, Wheat Flour, Sugar, Dal, Stone Aggregates and River Sand has been permitted to the Republic of Maldives under bilateral trade agreement between Government of India and Government of Maldives during the period 2021-22, 2022-23 and 2023-24 as per the quantities indicated in the Table at Para 1 above. The […]
Effect of this Public Notice: Para 2.96 (b) of Chapter-2 of Handbook of Procedures, 2015-2020 stands deleted, and revised format of ANF-2C is notified as a step towards reducing regulatory compliance burden. Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhawan, New Delhi -110 011 Public […]
Guidelines for Formation of Multi-disciplinary Partnership as per the Chartered Accountants Act, 1949 Introduction The complexity of business has increased manifolds and reliance on technology has resulted in a greater demand for specialists. There has been a swift increase in cross border movement of goods and services. The complex supply chains, ownership structures and transactions […]
Shreno Ltd Vs C.C.E. & S.T. (CESTAT Ahmedabad) Preferential Location Charges were correctly subjected to Service Tax at same rate as that of Construction of Residential Complex Service by the Appellant and the differential demand of Service Tax alongwith interest and penalty therefore must be quashed and set aside. The Appellant also becomes entitled to […]
ICAI Handbook On Moratorium Under The Insolvency And Bankruptcy Code, 2016 The Insolvency and Bankruptcy Code, 2016 in India has been in implementation phase over the last four years. Being a unitary codified legislation, it has several distinctive features which are essential to achieve the enshrined mandate of the Code which includes time bound resolution […]
ICAI Handbook On Resolution Plan Under The Insolvency and Bankruptcy Code, 2016 The Insolvency and Bankruptcy Code, 2016 (IBC) has been introduced with the overall objective of promoting entrepreneurship and balance the interest of all stakeholders by consolidating and amending the laws relating to reorganization and insolvency resolution of corporate persons, partnership firms and individuals […]
In re Aadhya Gold Private Limited (GST AAR Karnataka) Whether GST is to be paid only on the difference between the selling price and purchase price as stipulated under Rule 32(5) of CGST Rules, 2017, if applicant purchases used/second hand gold jewellery from individuals who are not dealers under the GST and at the time […]
SEBI (Issue of Sweat Equity) Regulations, 2002 (in short ‘Sweat Equity Regulations’) and SEBI (Share Based employee benefits) Regulations, 2014 (in short ‘SBEB Regulations’) were notified on September 24, 2002 and October 28, 2014 respectively.
In this post we have given details of appointment and allocation of portfolios among the members of the Council of Ministers which includes Cabinet Ministers, Ministers Of State (Independent Charge) and Ministers Of State. The post further provide details of resignation of the members of the Council of Ministers. President’s Secretariat PRESS COMMUNIQUE Posted On: […]
