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Circular on Filing of Advertisements under SEBI (Mutual Funds) Regulations, 1996

March 8, 2019 1275 Views 0 comment Print

In continuation to the various Go Green initiatives in Mutual Funds, the Mutual Funds are now advised to submit links to access the advertisements to be filed under the MF Regulations by sending the same through e-mail to SEBI atmf_advertisement@sebi.gov.in. However, advertisement materials like pamphlets may be submitted as attachment along with e-mail, if the size of the attachment does not exceed 250 KB.

Expenditure on payment of software – Revenue or Capital?

March 8, 2019 14079 Views 0 comment Print

Lovelock & Lewes  case: Expenditure incurred by the assessee on payment of software licence fees for applications software for the right to use the software for limited/particular period of time held to be revenue expenditure

SEBI (Procedure for Holding Inquiry and Imposing Penalties by Adjudicating Officer) Amendment Rules, 2019

March 8, 2019 2271 Views 0 comment Print

These rules may be called the Securities and Exchange Board of India (Procedure for Holding Inquiry and Imposing Penalties by Adjudicating Officer) Amendment Rules, 2019. They shall come into force on the date of their publication in the Official Gazette.

Advance Income Tax Provisions in a brief

March 7, 2019 65469 Views 3 comments Print

Understand advance income tax provisions and avoid interest levies. Learn about the schedule and mode of payment for advance tax under the Income Tax Act, 1961.

PM releases new series of visually impaired friendly coins

March 7, 2019 705 Views 0 comment Print

The Prime Minister, Shri Narendra Modi, today, released the new series of visually impaired friendly circulation coins,in New Delhi.Rs.1, Rs.2, Rs.5, Rs.10 and Rs.20 are the various denominations of coins released as part of the new series. The coins were released at a function at 7, Lok Kalyan Marg, where visually impaired children were specially […]

File Appeal on Legal Paper, Typed in Double space: CESTAT Delhi

March 6, 2019 7818 Views 0 comment Print

Every memorandum of appeal, cross-objections, reference applications, stay applications or any other Miscellaneous applications shall be typed neatly in double space on Legal size paper and the same shall be duly paged, indexed and tagged/punched firmly with each paper book in separate folder. Copies of all documents shall also be in Legal size paper.

Maharashtra Settlement of Arrears of Tax, Interest, Penalty or Late Fee Ordinance, 2019

March 6, 2019 29508 Views 0 comment Print

AN ORDINANCE to provide for settlement of arrears of tax, interest, penalty or late fee which were levied, payable or imposed, respectively under various Acts administered by the Goods and Services Tax Department and for the matters connected therewith or incidental thereto.

Govt to issue new series Rs.1, Rs.2, Rs.5, Rs.10 and Rs. 20 coins

March 6, 2019 2124 Views 0 comment Print

The coins of One Rupee, Two Rupees, Five Rupees, Ten Rupees and Twenty Rupees shall also be coined at the Mint for issue under the authority of the Central Government.

IBBI signs Cooperation Agreement with International Finance Corporation

March 6, 2019 693 Views 0 comment Print

The Insolvency and Bankruptcy Board of India (IBBI) signed a Cooperation Agreement today with the International Finance Corporation (IFC), a member of the World Bank Group (WBG).

No service tax on training under Deen Dayal Upadhyaya Grameen Kaushalya Yojana

March 6, 2019 5181 Views 0 comment Print

Central Government hereby directs that service tax  on the services provided by training providers (project implementation agencies) under the Deen Dayal Upadhyaya Grameen Kaushalya Yojana (DDUGKY) under the Ministry of Rural Development by way of offering skill or vocational training courses certified by the National Council for Vocational Training, in the said period, but for […]

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