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Bogus capital gains from penny stocks- ITAT restricts addition to 30%

February 14, 2020 1329 Views 0 comment Print

Neha Chowdhary Vs ITO (ITAT Kolkata) Bogus capital gains from penny stocks- It emerges that from a perusal of these case files that although the assessee has produced her documentary evidence before the lower authorities about the impugned sums to be in the nature of income derived from the sales of shares, the fact remains […]

Sea Cargo Manifest and Transhipment (Amendment) Regulations, 2020

February 14, 2020 1749 Views 0 comment Print

These regulations may be called Sea Cargo Manifest and Transhipment (Amendment) Regulations, 2020. They shall come into force on the date of their publication in the Official Gazette.

Bus pass is not an actionable claim and liable to GST: AAAR

February 14, 2020 1662 Views 0 comment Print

We do not agree with the claim of the Appellant that the bus pass is an actionable claim not liable to GST. We agree with the ruling given by the lower Authority and hold that by virtue of Section 15 of the CGST Act, the value of the service supplied by the Appellants will include the value of the bus passes as well as the facilitation charges.

Amendments to procedural rules relating to Recurring Deposit (RD)

February 14, 2020 4587 Views 0 comment Print

Amendments to procedural rules relating to Recurring Deposit (RD) Schemes in POSB(CBS) Manual in the light of recent changes circulated vide SB Order 13/2019 dated 18.12.2019.

Amendment to ‘Sukanya Samriddhi Account scheme’ procedural rules

February 14, 2020 12123 Views 0 comment Print

Amendments to procedural rules relating to Sukanya Samriddhi Account scheme in POSB(CBS) Manual in the light of recent changes circulated vide SB Order 13/2019 dated 18.12.2019.

PPF Scheme- Amendments to procedural rules

February 14, 2020 2325 Views 1 comment Print

Amendments to procedural rules relating to Public Provident Fund Scheme in POSB (CBS) Manual in the light of recent changes circulated vide SB Order 13/2019 dated 18.12.2019.

Amendments to procedural rules relating to National Time Deposit Schemes

February 14, 2020 1080 Views 0 comment Print

Amendments to procedural rules relating to National Time Deposit Schemes in POSB(CBS) Manual in the light of recent changes circulated vide SB Order 13/2019 dated 18.12.2019. S.B. Order 07/2020 F.No. 116-12/2016-SB Government of India Ministry of Communication Department of Posts (F.S. Division) Dak Bhawan, New Delhi-110001 Dated :- 14/02/2020 To, All Head of Circles, Addl. […]

Monthly Income Account Scheme – Amendments to procedural rules

February 14, 2020 879 Views 0 comment Print

Provided that from the date of receipt of SB Order 13/2019 dated 18.12.2019, provisions of National Savings (Monthly Income Account) Scheme 2019 and Government Savings Promotion General Rules 2018 shall be applied on all accounts opened under this scheme.

SEBI constitutes ‘Municipal Bonds Development Committee’

February 14, 2020 555 Views 0 comment Print

In order to make recommendations to SEBI on policy matters pertaining to development of municipal debt securities market, SEBI has constituted a Municipal Bonds Development Committee headed by Shri Sujit Prasad, Executive Director, SEBI and comprising of representatives from ministry, municipal corporation, lawyers, professionals and market practitioners as members.

Amendments to procedural rules relating to Kisan Vikas Patras (KVP)

February 14, 2020 1947 Views 0 comment Print

Amendments to procedural rules relating to Kisan Vikas Patras (KVP) Issue schemes in POSB(CBS) Manual in the light of recent changes circulated vide SB Order 13/2019 dated 18.12.2019.

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