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FORM GSTR-3B to continue till March, 2019- CBIC notifies due date

August 10, 2018 27450 Views 1 comment Print

CBIC prescribe the due dates for filing FORM GSTR-3B for the months from July, 2018 to March, 2019 vide Notification No. 34/2018–Central Tax dated 10th August, 2018

Due dates to file GSTR-1 -Turnover upto Rs.1.5 Crore- July 2018 to March 2019

August 10, 2018 33423 Views 0 comment Print

CBIC prescribes due dates for quarterly furnishing of FORM GSTR-1 for those taxpayers with aggregate turnover of upto Rs.1.5 crores for the period from July, 2018 to March, 2019 vide Notification No. 33/2018–Central Tax dated 10th August, 2018

Due dates to file Form GSTR-1 -Turnover more than 1.5 Crore- July 2018 to March 2019

August 10, 2018 19284 Views 0 comment Print

G.S.R……(E). – In exercise of the powers conferred by the second proviso to sub-section (1) of section 37 read with section 168 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter in this notification referred to as the said Act), the Commissioner, on the recommendations of the Council, hereby extends the time limit for furnishing the details of outward supplies in FORM GSTR-1 of the Central Goods and Services Tax Rules, 2017,

Addition U/s. 68 for Receipt of share capital not justified when Identity, creditworthiness & genuineness proved

August 10, 2018 2979 Views 0 comment Print

ACIT Vs Ravnet Solutions (P.) Ltd. (ITAT Delhi)  Where assessee, in receipt of share capital, had established onus cast on it to explain identity and creditworthiness of subscribers and genuineness of impugned share transactions by filing evidences such as copies of confirmations, ITRs, PANs and bank statements, etc. AO was not justified in making addition […]

Sec. 10(46) exemption: CBDT notifies ‘Madhya Pradesh Real Estate Regulatory Authority’

August 10, 2018 1851 Views 0 comment Print

S.O. 3960(E).—In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies for the purposes of the said clause, Madhya Pradesh Real Estate Regulatory Authority, a body constituted by Government of Madhya Pradesh, in respect of the following specified income arising to that body

Sec. 10(46) exemption: CBDT notifies ‘Insolvency and Bankruptcy Board of India’

August 10, 2018 1041 Views 0 comment Print

Central Government hereby notifies ‘Insolvency and Bankruptcy Board of India’, a board established by the Central Government under Section 10(46) of Income Tax Act, 1961 vide Notification No. 38/2018 dated 10th August, 2018.

Notification No. 15/2018-Customs (N.T./CAA/DRI), Dated: 10.08.2018

August 10, 2018 963 Views 0 comment Print

Notification No. 15/2018-Customs (N.T./CAA/DRI) Director General, Revenue Intelligence, hereby appoints officers mentioned in column (5) of the Table below to act as a common adjudicating authority to exercise the powers and discharge the duties conferred or imposed on officers mentioned in column (4) of the said Table in respect of noticees mentioned in column (2) of the said Table for the purpose of adjudication of show cause notices mentioned in column (3) of the said Table, namely:-

Notification No. 14/2018-Customs (N.T./CAA/DRI), Dated: 10.08.2018

August 10, 2018 876 Views 0 comment Print

Notification No. 14/2018-Customs (N.T./CAA/DRI) Director General, Revenue Intelligence, hereby appoints officers mentioned in column (5) of the Table below to act as a common adjudicating authority to exercise the powers and discharge the duties conferred or imposed on officers mentioned in column (4) of the said Table in respect of noticees mentioned in column (2) of the said Table for the purpose of adjudication of show cause notices mentioned in column (3) of the said Table, namely:-

SMS PACL Investors Seeking Their Original Certificates / Receipts

August 10, 2018 2739 Views 2 comments Print

SMSes have been sent to investors asking them to send their original PACL certificates/receipts to the Committee at the address: SEBI Committee in the matter of PACL, Regus Grandeur Offices Pvt. Ltd., 8th Floor Samson Towers, Pantheon Road, Block No.31, Egmore, Chennai-600008.

Transfer of Share in Physical Form only after Demat, post 05.12.2018

August 10, 2018 2550 Views 0 comment Print

SEBI amended Regulation 40 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 wherein it was intimated that transfer of securities shall not be processed unless the securities are held in the dematerialized form with a depository with effect from December 5, 2018.

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