Appointment of Common Adjudicating Authority by DGRI vide Notification No. 19/2018-Customs (N.T./CAA/DRI) dated 5th September, 2018.
Appointment of Common Adjudicating Authority by DGRI vide Notification No. 18/2018-Customs (N.T./CAA/DRI) dated 5th September, 2018.
Appointment of Common Adjudicating Authority by DGRI vide Notification No. 17/2018-Customs (N.T./CAA/DRI) dated 5th September, 2018.
Industrial Infrastructure Development Corporation (Gwalior) M.P. Ltd. Vs CIT (Supreme Court of India) The CIT had no express power of cancellation of the registration certificate once granted by him to the assessee under section 12A till 1-10-2004. It is for the reasons that, first, there was no express provision in the Act vesting the CIT […]
How will the financial guarantee be accounted for in the separate financial statements of S Ltd.? S Ltd. has accumulated losses and has not paid any dividend in the past. (ii) How would financial guarantee be subsequently measured in the separate financial statements of S Ltd.?
THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA NEW DELHI ELECTION CODE OF CONDUCT [made under rule 16 of the Chartered Accountants (Election to the Council) Rules, 2006] for Compliance by Candidates and their authorized representatives for Election to the Twenty Fourth Council and Twenty Third Regional Councils to be held on 7th and 8th December, 2018. Effective date: The […]
The Election to the ICAI Council shall be held on a date or dates to be determined by the Council, which shall, in any case, not be less than one month before the expiry of the term of the existing Council:
In re Ideal Construction (GST AAR Maharashtra) Question 1.What is the rate of tax to be levied on the sale of Flats/Units to the prospective buyers? And whether registration of project under Pradhan Mantri Awas Yojana is required? Answer :- The rate of tax to be levied is 12% (8% GST after deducting value of […]
Interest expenditure could be allowed only if the loan was borrowed for the purpose of the business of the assessee and if it is used for the purchase of an asset which yielded exempted income, that interest expenditure cannot be allowed u/s. 36(1)(iii) of the Act.
Various representations have been received on the matter pertaining to the textile sector and problems being faced by weavers & artisans regarding storage of their goods in the warehouse of the transporter. It has been stated that textile traders use transporters’ godown for storage of their goods due to their weak financial conditions.
