Sponsored
    Follow Us:

SEBI penalises NDTV for concealing material & price sensitive information

December 29, 2020 1908 Views 0 comment Print

In re New Delhi Television limited (SEBI) Disclosure requirements have their root in the continuous listing requirements laid down in the listing agreement which prescribed that the information must be disclosed at the time of occurrence of the event in order to enable the shareholders and the public to appraise the position of the company, […]

HC direct banks to maintain Classification of Accounts of RCOM & its subsidiary

December 28, 2020 750 Views 0 comment Print

Punit Garg & Anr Vs Union Bank Of India & Ors. (Delhi High Court) 1. Issue notice. Mr. O. P. Gaggar, Advocate accepts notice for R-1 and Mr. Shantanu Tyagi, Advocate accepts notice for R-4 and R-5. On steps being taken, notice be issued to the respondent No.3/RBI through all permissible modes including Dasti Service. […]

DGFT notifies 18 Agencies as PSIAs

December 28, 2020 3048 Views 2 comments Print

18 Agencies are notified as PSIAs alongwith their approved equipments. Additional areas of operation in respect of Agency as at Sl. No. 19 is notified for a period upto 31st December, 2020 only. Government of India Ministry of Commerce & Industry Department of Commerce Udyog Bhawan, New Delhi Public Notice No. 35/2015-2020-DGFT Dated the 28th […]

Exposure Drafts of FAIS 250, 360, 370, 510, 520, 530 & 540

December 28, 2020 2754 Views 0 comment Print

Invitation of Comments on Exposure Drafts of Forensic Accounting and Investigation Standards(FAIS) – 250, 360, 370, 510, 520, 530 and 540 – (28-12-2020) Digital Accounting Assurance Board The Institute of Chartered Accountants of India 28th December, 2020 Announcement The Digital Accounting Assurance Board of The Institute of Chartered Accountants of India (ICAI) invites comments on […]

IRDAI revises Panel of Actuaries For Life Insurance Segment

December 28, 2020 540 Views 0 comment Print

1.  This is further to the Authority’s Cir No. IRDA/ACT/CIR/MISC/283/11/2020 dated 17.11.2020 on Panel of Actuaries. 2. Subsequent to the information received from Mr. A V Ramanan under Para- 11 of Cir No. IRDA/ACT/CIR/MISC/228/08/2020 dated 31.08.2020, the Panel of Actuaries is revised as under:

Compensation for Loss of Trees is agricultural income

December 28, 2020 5364 Views 0 comment Print

Flower valley Agro Tech Pvt. Ltd Vs ITO (ITAT Mumbai) We find that certain trees lying on assessee’s land were cut since the same were obstructing the hire tension wires of the Electricity Company. For the same, the assessee was compensated for Rs.10.14 Lacs during the year. We observe that the assessee was engaged in […]

Interest allowed U/s. 24(b) cannot be allowed as part of cost of acquisition

December 26, 2020 3378 Views 0 comment Print

Shree Bal Properties & Finance P. Ltd Vs PCIT (ITAT Mumbai) Admittedly, the assessee while computing its income in the previous years under the head ‘Income from House Property‘ had claimed deduction u/s 24(b) of the interest paid on loan raised from ‘Janalaxmi Co-op Bank Ltd’, which funds are stated to have been utilized in […]

Extend due date for filing TAR/ITR/GSTR9/9A/9C

December 25, 2020 50997 Views 15 comments Print

All Odisha Tax Advocates Association made a Request for extension of due date for filing Tax Audit Reports (TARs), Income Tax Return (ITR) for the AY-2020-2021, statement under Vivad Se Vishwas Act, Audit and Annual Return (GSTR9, GSTR 9A, GSTR 9C)  under the GST Act. Full Text of their representation is as follows:- ALL ODISHA […]

GST: Communication between Recipient & Supplier Taxpayers- FAQs & Manual

December 25, 2020 7728 Views 0 comment Print

A. FAQs on Communication between Recipient and Supplier Taxpayers Overview Q.1 What is ‘Communication between Taxpayers’ functionality? Ans. “Communication between Taxpayers” functionality facilitate in sending and receiving notifications to /from another taxpayer. Q.2 Who all taxpayers are eligible to use ‘Communication Between Taxpayers’ facility? Ans. All taxpayers except TDS, TCS and NRTP taxpayers are eligible […]

Provisions for modifying PAN based IEC introduced

December 24, 2020 4026 Views 0 comment Print

In case of change in constitution of a PAN based IEC by way of merger, acquisition, liquidation, inheritance etc. such that PAN of the new entity so formed is different from the earlier one, an IEC can be availed against the new PAN, if not existing already. Previous IEC(s) can also be operationally linked to the PAN/IEC of the new entity.

Sponsored
Sponsored
Search Post by Date
February 2025
M T W T F S S
 12
3456789
10111213141516
17181920212223
2425262728