The Tribunal noticed that the assessee was holding 1.07% shares of sister concern whereas the partners of the assessee firm Shri Balbir Kumar and Shri Harsh Kumar were holding 6.64% and 6% shareholding respectively.
The due date for a person (other than a company) whose accounts are required to be audited under the Income Tax Act, 1961, may be increased to 31st October 2019 as the numbers of cases of audit are increasing and auditors have to incorporate data of GST Returns in the audit report apart from checking of the purchases, turnover, ITC, etc., and also tax audit forms have seen changes.
PROCEDURE FOR OBTAINING INFORMATION UNDER THE RIGHT TO INFORMATION ACT, 2005 FROM THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA. Any citizen of India can obtain the required information by making a request under his / her signature addressed to the Central Public Information Officer / Central Assistant Public Information Officer of The Institute of Chartered […]
Stock broking is quite a sought out profession in India and the Indian Stock Market has seen a tremendous growth in the past decade or so. This article focuses on different types of stock brokers in India. We will also discuss the process of selecting a stock broker in India and the charges associated by […]
Satish Kumar Vs ITO (ITAT Delhi) It is an admitted fact that assessee filed reply in response to the notice under section 148 of the I.T. Act and submitted before A.O. that original return filed before him may be treated as return filed in response to the notice under section 148 of the I.T. Act. […]
Discover how life insurance can provide tax benefits and financial protection for your family. Learn more about the importance of life insurance policies.
As a business owner, you have to make many decisions related to your business, from how to market your products to how to deal with your employees. One employee-related decision is what employee benefits you will offer, from paid overtime to health care benefits. While there are many ways of ensuring that your employees are […]
The key recommendations of the Committee, guided by the broad perspective of enhancing efficiency and transparency of securitisation transactions, are as follows: setting up of a government sponsored intermediary, through the National Housing Bank, to enable market making and standard setting;
1. (1) These rules may be called the Employees’ State Insurance (Central) Amendment Rules, 2019. (2) They shall come into force on the date of their publication in the Official Gazette. 2. In the Employees’ State Insurance (Central) Rules, 1950, in rule 52, for the words rupees one hundred thirty seven, the words rupees one hundred seventy six shall be substituted.
CORRIGENDUM to Notification No. 33/2019-Customs (ADD), dated the 26th August, 2019 MINISTRY OF FINANCE (Department of Revenue) CORRIGENDUM New Delhi, the 6th September, 2019 G.S.R. 639(E).—In the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 33/2019-Customs (ADD), dated the 26th August, 2019, published in the Gazette of India, […]
