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Whether Revised Return can be filed after intimation is issued u/s 143(1)?

June 27, 2020 24465 Views 0 comment Print

[ACIT v. Padma Logistics &Khanij (P.) Ltd. – In present case, Kolkata Tribunal ordered that the intimation issued u/s 143(1) of the Act does not preclude the assessee from filing a revised return of income.

Relaxation for conducting of board meeting through VC or OAVM

June 26, 2020 14013 Views 2 comments Print

Relaxation for conducting of board meeting through video conferencing (VC)  or other audio-visual means (OAVM) till 30th September, 2020 [MCA Notification No. G.S.R. 395(E) dated 23th June, 2020] No doubt, there are lots of matters in any company which required board decisions immediately or frequently. However, Due to COVID-19 outbreak and lockdown situation prevailing in […]

CFSS-2020 MCA General Circular No. 12/2020 dated 30.03.2020

June 26, 2020 12039 Views 0 comment Print

COMPANIES FRESH START SCHEME, 2020 (CFSS-2020) [MCA General Circular No. 12/2020 dated 30th March, 2020] The Ministry of Corporate Affairs (‘MCA’) had, in the Circular No. 11/2020, dated 24th March, 2020, inter alia other relaxations / special measures provided in view of the Covid-19 pandemic, indicated regarding providing immunity to the Companies and LLPs with […]

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