Sponsored
    Follow Us:

TDS Under section 194C deductible on Payment of outsourcing expenses

November 7, 2019 30705 Views 0 comment Print

Where assessee had hired the services for various works such as storage of data, scanning of documents, processing charges, call center operations, etc. and the same were basically clerical services of repetitive nature of work therefore, work outsourced was in the nature of clerical work and was rightly deducted under section 194C.

Income from commercial exploitation of popularity of Cricket not incidental to main object U/s. 2(15)

November 7, 2019 1512 Views 0 comment Print

Punjab Cricket Association Vs ACIT (ITAT Chandigarh) Punjab Cricket Association (Assessee) is regularly following commercial activity by commercially exploiting its property and rights to hold matches and thereby earning huge income, hence the said activity can not be said to be incidental activity rather the commercial exploitation of the match is one of the main […]

Delhi Court convicts a Director for holding Directorship of More than 20 Companies

November 6, 2019 4323 Views 0 comment Print

Under the Rule 16 of The Companies (Appointment and Qualification of Directors) Rules 2014, the accused has the responsibility being Director to forward to the Registrar copy of resignation along with the applicable fees in Form DIR-11 within 30 days of such resignation.

Sluggishness of real estate sector needs to be addressed

November 6, 2019 381 Views 0 comment Print

Sluggishness of real estate sector needs to be addressed; Government is working with RBI to examine how existing laws can be tweaked to help the people who have been affected in the real estate sector: Finance Minister

Assessment based on Section 153D approval in mechanical manner without application of mind is invalid

November 6, 2019 3843 Views 0 comment Print

Rajesh Ladhani Vs DCIT (ITAT Agra) It is evident from the  CBDT Circular No. 3 of 2008, dated 12.3.2008 that the legislature in its highest wisdom made it compulsory that the assessments of search cases should be made with the prior approval of superior authority, so that the superior authority apply their mind on the […]

Notification No. 90/2019-Income Tax Dated: 05.11.2019

November 5, 2019 1125 Views 0 comment Print

Notification No. 90/2019-Income Tax Dated: 05.11.2019 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 90/2019 New Delhi, the 5th November, 2019 (INCOME-TAX) S.O. 4000(E).—In exercise of the powers conferred by sub-sections (1) and (2) of section 120 read with section 295 of the Income-tax Act, 1961 (43 of 1961), the […]

Notification No. 89/2019-Income Tax, Dated: 05.11.2019

November 5, 2019 1035 Views 0 comment Print

Notification No. 89/2019-Income Tax, Dated: 05.11.2019 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 89/2019 New Delhi, the 5th November, 2019 (INCOME-TAX) S.O. 3999(E).—In exercise of the powers conferred by sub-sections (1) and (2) of section 120 read with section 295 of the Income-tax Act, 1961 (43 of 1961), the […]

Listed cos. to submit data of members holding physical shares by 31.12.2019

November 5, 2019 2967 Views 0 comment Print

All Listed companies or their RTAs shall provide data of their members holding shares in physical mode, viz the name of shareholders, folio numbers, certificate numbers, distinctive numbers and PAN etc. (hereinafter, static database) as on March 31, 2019, to the Depositories, latest by December 31, 2019.

Notaries (Third Amendment) Rules, 2019

November 5, 2019 25149 Views 11 comments Print

A person may make an application for appointment as a notary online in Form I or Form II as applicable, addressed to such officer or authority of the appropriate Government as that Government may, by notification in the Official Gazette, designate in this behalf

Revised Award Guidelines for winning medals in Sports events for CBIC Dept officials

November 5, 2019 534 Views 0 comment Print

Revision of Guidelines for Cash Awards for winning medals/civilian Awards in Sports and financial assistance, for participation in Sports events/ competitions) to the departmental officials

Sponsored
Search Post by Date
July 2024
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
293031