Notification No. 92/2019-Income Tax, Dated: 05.11.2019 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 92/2019 New Delhi, the 5th November, 2019 (INCOME-TAX) S.O. 4002(E).—In exercise of the powers conferred by sub-sections (1) and (2) of section 120 read with section 295 of the Income-tax Act, 1961 (43 of 1961) the […]
CBDT notifies Special Court for trial of offences under section section 280A of Income-tax Act, 1961 vide Notification No. 87/2019-Income Tax dated 5th November, 2019.
Importers who have got the quota but do not import the same by the same deadline (31st October for Urad and Moong and 15th November for Toor), proceedings will be initiated against them under FTDR Act.
The issue in these writ petitions is whether multi-function devices (MFDs) are covered under the term ‘printers’. This dispute has arisen in view of the document Annexure P-12 by a clarification which was issued by way of Circular No.1 of 2019 dated 2.5.2019 as per which it was ‘clarified’ that multi-function devices which are basically printers with additional features like photocopy, scan, fax etc. are covered within the ambit of ‘printers’.
In re M/s Penguin Trading and Agencies Limited (GST AAAR Odisha) The Applicant has referred to Advance Ruling in the case of M/s Pioneer Partners, wherein the Haryana Authority for Advance Ruling held that “The services for the right to use minerals including its exploration and evaluation, as per Sr. No 257 of the annexure […]
The new dispensation is coming into effect from 01.11.2019, after which the declaration of SIMS registration number and Expiry date will become mandatory in the Bills of Entry filed for the goods as specified in the notification.
SEBI issues Operational guidelines for foreign Portfolio Investors (FPIs), Designated Depository Participants DDPs) and Eligible Foreign Investors (EFIs) to facilitate implementation of SEBI (Foreign Portfolio Investors) Regulations, 2019.
Finance Minister Launches two new IT Initiatives -ICEDASH & ATITHI for improved monitoring and pace of Customs clearance of imported goods and facilitating arriving international passengers. ICEDASH : Ease of Doing Business monitoring dashboard of the Indian Customs helping public see the daily Customs clearance times of import cargo. ATITHI : Easy to use mobile app for international travelers to file the Customs declaration in advance.
CRAs shall meet the audit committee of the rated entity, at least once in a year, to discuss issues including related party transactions, internal financial control and other material disclosures made by the management, which have a bearing on rating of the listed NCDs.
The compensation practices, especially of large financial institutions, were one of the important factors which contributed to the global financial crisis in 2008. Employees were often rewarded for increasing short-term profit without adequate recognition of the risks and long-term consequences that their activities posed to the organisations.
