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FAQ’s on Consumer Court

June 18, 2020 8526 Views 0 comment Print

Consumer Court FAQ’s Q.1. Who is a Consumer ? Ans: A Consumer is a person who purchases a product or avails a service for a consideration, either for his personal use or to earn his livelihood by means of self employment. The consideration may be: Paid Promised Partly paid and partly promised. It also includes […]

SEBI (issue of capital and disclosure requirements) (amendment) regulations, 2020

June 16, 2020 1401 Views 0 comment Print

These regulations may be called the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) (Amendment) Regulations, 2020.

SEBI (Real Estate Investment Trusts) (Second Amendment) Regulations, 2020

June 16, 2020 1671 Views 0 comment Print

These regulations may be called the Securities and Exchange Board of India (Real Estate Investment Trusts) (Second Amendment) Regulations, 2020.

SEBI (Substantial Acquisition of Shares and Takeovers) (Amendment) Regulations, 2020

June 16, 2020 3735 Views 0 comment Print

SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 16th June, 2020 SECURITIES AND EXCHANGE BOARD OF INDIA (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) (AMENDMENT) REGULATIONS, 2020 No. SEBI/LAD-NRO/GN/2020/14.— exercise of the powers conferred under section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board hereby makes the […]

Applicable Study Material for November, 2020 CA Exams

June 16, 2020 17271 Views 0 comment Print

Applicable Study Material for November, 2020 Exams – Old Scheme Final Course and New Scheme Foundation, Intermediate and Final Course. THE INSTITUTION CHARTERED ACCOUNTANTS OF INDIA (Set up by an Act of parliament) Board of Studies (Academic) The Institute of Chartered Accountants of India 16th June, 2020 ANNOUNCEMENT APPLICABLE STUDY MATERIAL FOR NOVEMBER, 2020 EXAMS […]

AO cannot change valuation method from DCF to book value method

June 16, 2020 2337 Views 0 comment Print

Alishan Palace Resorts Pvt Ltd. Vs ITO (ITAT Cuttack) in the instant case, the value adopted and computed by the assessee as per Rule 11UA(2)(c)(b) by following DCF method at Rs.51/85 and the assessee company has received shares and issued/allotted @ Rs.50 per share including premium and this rate has not been contested or challenged […]

CBIC Begins Using e-Office in all CGST and Customs offices

June 15, 2020 1623 Views 0 comment Print

The launch of e-Office marks a fundamental change in internal office procedures which is so far based on manual handling of files and paper movement. The CBIC expects e-Office would complement its many other IT led reforms which are directly aimed at enhancing the ease of doing business for the trade and industry.

GST payable on leasing of residential hostel rooms

June 15, 2020 3132 Views 0 comment Print

In re Aluri Krishna Prasad (GST AAR Andhra Pradesh) Whether amount received for leasing residential hostel rooms is exempt under Sl.No.14 (Heading 9963) of Notification No.12/2017- Central Tax (Rate) dated 28.06.2017 as amended upto 25.01.2018 and Whether amount received for leasing residential hostel rooms is exempt under Sl.No.12 (Heading 9963) of Notification No.12/2017- Central Tax […]

ICSI advisory on CS exam postponement request on Social Media

June 12, 2020 630 Views 0 comment Print

It is noticed by the Institute that few members and students of the Institute are posting and circulating videos and messages on social media platforms (YouTube; WhatsApp; Facebook; Instagram; Twitter etc.) asking thereby for cancellation / postponement of aforesaid Examinations scheduled to held from 6th July, 2020.

Bogus GST Bill / ITC- HC grants anticipatory bail to accused

June 12, 2020 1392 Views 0 comment Print

The High Court of Punjab and Haryana granted anticipatory bail to a 24-year-old youth accused of  committing tax evasion to the tune of over Rs 4 crore by generating bogus invoices of sales and purchases.

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