Assessee assailed the imposition of penalty under section 271B imposed by AO on account of failure to get accounts audited under section 44AB. Assessee contended that penalty was not justified as no books of account were maintained by assessee.
The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has approved creation of additional posts of three Judicial Members and three Technical Members in the National Company Law Appellate Tribunal (NCLAT).
By virtue of clause (iic) in Explanation to section 115JB by the Finance Act, 2015 share of profit received from AOP could not be added while computing book profit under section 115JB.
You can still file your ITR for A.Y. 2018-19 (F.Y. 2017-18) by 31 st March, 2019 with a late fee of Rs. 10,000/- if you have not filed yet. It is easy, Let us show you how in simple steps Step 1: Register Register at e-filing portal (www.incometaxindiaefiling.gov.in) using PAN Step 2: Prepare and submit Return […]
Notification No. 26/2019-Customs (N.T.) CBIC hereby appoints Commissioner of Customs, Chennai (Import), Chennai-II to act as a Common Adjudicating Authority
Facility to view Form 2 Declaration filed with DPIIT by startup available in Income tax e-Filing portal CBDT has enabled Facility to view Form 2 Declaration filed with DPIIT (Department for Promotion of Industry and Internal Trade) by a startup on its e-filing portal. Form 2 (Section 56 Exemption declaration) is a Declaration by a […]
No political party has betrayed India for more than seven decades other than the Congress Party. It gave to the people of India many slogans and very little resources to implement them.
CBI Arrests Two Superintendents of GST In A Bribery Case of Rs. One Lakh The Central Bureau of Investigation has arrested two Superintendents posted at the GST office, Pune (Maharashtra) for demanding and accepting a bribe of Rs. One lakh from the complainant. A case has been registered against the two Superintendents of GST, Pune […]
Securities and Exchange Board of India CIRCULAR SEBI/HO/MRD/DMS1/CIR/P/2019/43 March 26, 2019 To, All Stock Exchanges, All Depositories, All Clearing Corporations Dear Sir/ Madam, Guidelines for Business Continuity Plan (BCP) and Disaster Recovery (DR) of Market Infrastructure Institutions (MIIs) 1. SEBI vide circular CIR/MRD/DMS/12/2012 dated April 13, 2012 and CIR/MRD/DMS/17/2012 dated June 22, 2012 prescribed framework […]
In general, FinTech stands for financial technology and describes technologically enabled financial innovations. From ‘start-ups’ to ‘big-techs’ to established financial institutions, all the key players are harnessing this technological edge along the financial services’ value chain to provide agile, efficient and differentiated experiences to the end-user.
