Sponsored
    Follow Us:

CA Exams May 2019 – Apply for Changes/Corrections

March 15, 2019 1011 Views 0 comment Print

CA exams to be held in May 2019 have been rescheduled in terms of the announcemnt dated 11th March 2019, hosted on www.icai.org.CA May 2019 exams will now be held from 27th May 2019 to 12th June, 2019

Once Presumption U/s 139 is drawn, Complainant need not prove source of fund till accused discharges his burden

March 15, 2019 13227 Views 0 comment Print

SC held that once the court has drawn presumption of existence of legally enforceable debt as per Section 139 of the NI Act, factors like source of funds are not relevant if the accused has not been able to rebut the presumption.

No Confiscation unless GST Tax and Penalty is quantified

March 14, 2019 14574 Views 1 comment Print

Shree Enterprises Vs CTO  (Karnataka High Court) Facts- Petitioners have challenged the order of confiscation as illegal, seeking all consequential reliefs. Petitioners are claiming to be the consignee and transporter of the goods in question. It is their contention that the Respondent has detained the goods and vehicle illegally for more than a month in […]

Insolvency and Bankruptcy (Application to Adjudicating Authority) Amendment Rules, 2019

March 14, 2019 1824 Views 0 comment Print

1. (1) These rules may be called the Insolvency and Bankruptcy (Application to Adjudicating Authority) Amendment Rules, 2019.(2) These rules shall come into force from the date of their publication in the Official Gazette.

CBDT exempts income of Prayagraj Mela Pradhikaran u/s 10(46)

March 14, 2019 783 Views 0 comment Print

Central Government hereby notifies for the purposes of the said clause, ‘Prayagraj Mela Pradhikaran, Prayagraj’, an authority constituted by the State Government of Uttar Pradesh, in respect of the following specified income arising to that authority, namely:—

Notification No. 13/2019-Customs (ADD) Dated: 14th March, 2019

March 14, 2019 1275 Views 0 comment Print

Seeks to prescribe provisional assessment for ‘Saturated Fatty Alcohols’ when originating in or exported from subject countries by M/s PT. Energi Sejahtera Mas (producer) Indonesia through M/s Sinarmas Cespa Pte Ltd (exporter/trader) Singapore and imported into India. MINISTRY OF FINANCE (Department of Revenue) Notification No. 13/2019-Customs (ADD) New Delhi, the 14th March, 2019 G.S.R. 219(E).—Whereas, […]

LTCG can’t be treated as bogus for mere astronomical rise in share price

March 14, 2019 1389 Views 1 comment Print

Mukta Gupta Vs ITO (ITAT Delhi) Conclusion: Long-term capital gains on sale of shares could not be treated as bogus on the reason that the price of these shares had risen manifolds and the reason for astronomical rise was not related to any fundamentals of market. Once the transactions were duly proved by trading from […]

Sec. 2(22)(e) not applicable to inter banking transactions between group concerns

March 13, 2019 1110 Views 0 comment Print

Since the transaction between assessee-company and other group concern were in the nature of current account and inter banking account containing both types of entries i.e., receipts and payments and assessee was neither the beneficial nor the registered shareholder of the company, therefore, the amount received from other group concern could not be brought in the purview of loans and advances so as to attract Section 2(22)(e).

Choosing the right health insurance for senior citizens

March 13, 2019 1115 Views 0 comment Print

The best way to make your aging parents feel cared for is to give them a health insurance policy. A customized health insurance for senior citizens plans is critical; as it assures that they’re independent financially and taken care of in case of critical illness. With several health insurances for senior citizens available at your disposal […]

Narcotic Drugs and Psychotropic Substances (Amendment) Rules, 2019

March 13, 2019 10872 Views 0 comment Print

Government hereby makes the following rules further to amend the Narcotic Drugs and Psychotropic Substances Rules, 1985, namely: ‑(1) These rules may be called the Narcotic Drugs and Psychotropic Substances (Amendment) Rules, 2019.

Sponsored
Sponsored
Search Post by Date
August 2024
M T W T F S S
 1234
567891011
12131415161718
19202122232425
262728293031