Cabinet on Wednesday cleared promulgation of an ordinance to penalize persons holding junked Rs 500 and Rs 1,000 notes beyond March 31.
Article analyses section 230 of Companies Act, 2013 which deals with Power to Compromise or Make Arrangements with Creditors and Members.
Whether Tribunal was correct in holding that loss on sale of actionable claim by assessee was a business loss allowable as a deduction?
Article covers Place of Supply provisions under section 7, 8 9 & 10 of IGST Act and Time of Supply provisions U/s. 12, 13 & 14 of CGST Act.
Procedure for closure of defunct company under Fast Track Exit is to be replaced by new rules which has been notified by MCA on 27/12/2016.
Articles covers, Sec. 171 of Revised Model GST on Credit of Eligible Duties and Taxes In Respect of Inputs or Input Services During Transit
Section 179 of Act pertains to a Director of a Private Limited Company and permits revenue to recover unpaid taxes from Director of such a company, subject to fulfillment of certain conditions.
The new Unified Portals has been launched by EPFO for PF members, employers and field offices, and can be accessed through epfindia.gov.in.
Consequent upon withdrawal of legal tender status of Specified Bank Notes (SBN) of Rs. 500 and Rs. 1000 denominations and based on feedback that some MSEs are facing temporary difficulties in carrying out their normal business due to cash flow mismatches, it has been decided to review the above instructions.
The Reserve Bank of India today released the statutory Report on Trend and Progress of Banking in India 2015-16 (RTP) as also the fourteenth issue of the Financial Stability Report (FSR).
