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CG extends Tenure of National Committee for promotion of Social & Economic Welfare

August 28, 2019 930 Views 1 comment Print

Central Govt further extends tenure of National Committee for promotion of Social and Economic Welfare for a further period of six months w.e.f. 1st October, 2019 i.e. till 31st March, 2020.   MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 28th August, 2019 S.O. 3122(E).—Whereas in exercise of the powers conferred by section 35AC […]

Companies (Incorporation) Seventh Amendment Rules, 2019

August 28, 2019 1311 Views 0 comment Print

In the Companies (Incorporation) Rules, 2014  in the annexure to the said rules, for forms RD-1 and RD GNL-5 forms shall be substituted vide Companies (Incorporation) Seventh Amendment Rules, 2019. GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi 28th August, 2019 G.S.R. 603(E)._ In exercise of the powers conferred by sub-sections (1) and […]

Circular on Sabka Vishwas (Legacy Dispute Resolution) Scheme Rules, 2019

August 27, 2019 21855 Views 1 comment Print

Circular No. 1071/4/2019-Central Excise.8 F. No. 267/78/2019/CX-8-Pt.III Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs Dated, the 27th August, 2019 To The Principal Chief Commissioners/ Chief Commissioners (All) The Principal Director Generals/ Director Generals (All) Dear Madam/Sir, I am directed to state that the Government has announced the […]

Pending IGST refunds due to mismatches between GSTR-1 & 3B- Reg.

August 27, 2019 1845 Views 1 comment Print

The comparison between the cumulative IGST payments in GSTR-1 and GSTR 3B would now be for the period April 2018 to March 2019 and the corresponding CA certificate evidencing that there is no discrepancy between the IGST amount refunded on exports under this circular and the actual IGST amount paid on exports of goods for […]

Trade War: Is it a prelude to deglobalisation?

August 27, 2019 498 Views 0 comment Print

The forex market is unique in several ways. A foreign currency is essentially a commodity outside its jurisdiction and therefore has attributes of an asset. But the exchange rate, the price of the foreign currency normalised to the home currency is an important macroeconomic variable that ought to be determined by economic fundamentals and influences behaviour of economic agents.

ICAI Relaxes CA Inter May 2020 Exam Eligibility for Direct Entry Students

August 27, 2019 2721 Views 2 comments Print

ICAI hereby orders that such students who have registered/applied for Intermediate Course through Direct Entry Route till 30th June, 2019 shall be eligible for admission to the Intermediate examination after completion of six months of Practical Training under Regulation 50 on the first day of the month i.e. May, 2020

Filling up of posts of Judicial and Technical Member in NCLT

August 26, 2019 750 Views 0 comment Print

Filling up of 06 (six) posts of Judicial Member and 05 (five) posts of Technical Members in the National Company Law Tribunal (NCLT) – inviting online applications for.

Customs duty increase – Effect of notification issued late after BE filed on same day

August 26, 2019 2745 Views 0 comment Print

M/s Rasrasna Food Pvt. Ltd. Vs Union of India & Ors. (Punjab High Court) Observing that the twin conditions of presentation of Bill of Entry and arrival of goods stood complied with on 16-2-2019, prior to the issue of notification dated 16-2-2019 at 8:45 pm raising Customs duty on imports from Pakistan, Punjab & Haryana […]

Suggestions for speedy disposal of matters & effective administration of justice

August 26, 2019 2667 Views 0 comment Print

We desire that in the new India Vision, the role of the judiciary cannot be left behind. As per the newspaper reports, your honour will be addressing the Conference of Chief Justices and Chief Ministers on 1-9-2019. We are making an appeal to your honour to consider the following issues to aid in the speedy disposal of the tax matters before various judicial and quasi-judicial forums and the better administration of justice.

Transfer/Postings (Local Changes) of 35 Additional/ Joint CIT

August 26, 2019 2079 Views 0 comment Print

Order No. 184 of 2019- Transfer/Postings (Local Changes) of the officers in the grade of Additional/ Joint Commissioner of Income Tax-reg. F.No. A-22012/1/2019-Ad-VI Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) North Block, New Delhi -110 001 Dated: 26.08.2019 Office Order No. 184 of 2019 The following transfer/postings (Local […]

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