In re M/s. National Dairy Development Board (GST AAR Gujarat)Whether NDDB can be considered as financial institution for the purpose of availing credit to the extent of fifty per cent of input tax credit, as prescribed in Section 17 of CGST Act, 2017?
in the ‘Statement on Developmental and Regulatory Policies’ of the Sixth Bi-monthly Monetary Policy Statement dated February 07, 2019, it has been decided to revise the definition of ‘bulk deposits’ and provide operational freedom to banks in raising these deposits.
Amendments to the Indian Stamp Act, 1899 for Rationalization of Stamp Duty & Design of Zero Evasion Collection Mechanism in Respect of Securities market instruments
(1) This Ordinance may be called the Companies (Amendment) Second Ordinance, 2019. (2) It shall be deemed to have come into force on the 2nd day of November, 2018.
Customs Rate of Exchange of Foreign Currency Conversion wef 22.02.2019 notified vide Notification No. 13/2019 – Customs (N.T.) dated 21st February, 2019. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) ***** Notification No. 13/2019 – Customs (N.T.) New Delhi, dated the 21st February, 2019 2 Phalguna, 1940 (SAKA) […]
Income Tax Department requested Eastern India Regional Council of Institute of Chartered Accountants of India to request its members to immediately pay the outstanding demands which have become collectible.
Ifthe employees’ share of contribution is paid before the due date of filing the return u/s 139(1) of the Income-tax Act, 1961 then no disallowance can be made.
Shri Rajkumar Mandhani Vs DCIT (ITAT Hyderabad) In the case before us, the assessee and his wife are independent income tax assessees and the assessee already owned one house at Kilpauk, Chennai. The assessee therefore, cannot be said to have invested in order to avoid capital gains to tax in his hands, as u/s 54F(1), […]
Addition made under section 68 consequent to notice issued under section 153C was deleted because the AO had initiated assessment proceedings under section 153C for the relevant assessment years without pointing out or referring to any seized document belonging to those years and, therefore, there was no prima facierationale or logic behind issuing the said notice.
MINISTRY OF FINANCE (Department Of Revenue) (OFFICE OF THE PRINCIPAL COMMISSIONER OF CUSTOMS) NOTIFICATION No. 01/2019 (CUSTOMS) (NT)(VSP) Vishakhapatnam, the 19th February, 2019 Sub—Declaration of Green Channel Berth of Visakhapatnam Port Trust as Customs Area—regarding. S.O. 1021(E).—In exercise of powers conferred under sub-section (b) of Section 8 of the Customs Act, 1962 (52 of 1962), […]
