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How to deal with third party assets in custody of financial service providers in Liquidation

January 30, 2020 1239 Views 0 comment Print

MCA notifies the manner of dealing with the third party assets in custody or possession of financial service providers by the Administrator appointed under Insolvency and Bankruptcy (Insolvency and Liquidation Proceedings of Financial Service Providers and Application to Adjudicating Authority) Rules, 2019. MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 30th January, 2020 S.O. 464(E).— […]

2% Additional Ad Hoc Incentive for HS Codes 85171211 and 85171219

January 29, 2020 4299 Views 0 comment Print

A 2% Additional Ad hoc Incentive for 2 HS Codes/ tariff lines 85171211 and 85171219 is notified for exports made with Let Export date from 01.01.2020 to 31.03.2020 vide Notification No: 43/2015-2020 dated 29 Jan, 2020,

CBDT notifies more modes of e-payments; 6DD limit reduced to ₹ 10000

January 29, 2020 13392 Views 0 comment Print

Notification No. 8/2020-Income-Tax- CBDT has notified Other electronic modes by inserting New Income TAx Rule 6ABBA. It also amended marginal heading of rule 6DD and in rule 6DD for the words ‘account payee bank draft, exceeds twenty thousand rupees’, the words, figures and letters ‘account payee bank draft or use of electronic clearing system through […]

CBDT notifies Institute of Pesticide Formulation Technology Gurugram u/s 35(1)(ii)

January 28, 2020 678 Views 0 comment Print

CBDT notifies Institute of Pesticide Formulation Technology Gurugram under section 35(1)(ii) vide Notification No. 07/2020-Income Tax dated 28th January, 2020.

CBDT further amends Income Tax jurisdiction

January 28, 2020 930 Views 0 comment Print

CBDT further amends Income Tax jurisdiction vide Notification No. 05/2020-Income Tax dated 28th January, 2020. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES Notification No. 05/2020-Income Tax New Delhi, the 28th January, 2020 S.O. 388(E).—In exercise of the powers conferred by sub-sections (1) and (2) of section 120 of the Income-tax Act, […]

CBDT revises jurisdiction of Principal CIT / CIT of Guwahati

January 27, 2020 891 Views 0 comment Print

CBDT revises jurisdiction of Principal Commissioner/ Commissioner of Income-tax, Guwahati vide Notification No. 6/2020 dated 27th January, 2020. .MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 06/2020-Income Tax New Delhi, the 27th January, 2020 S.O. 387(E).—In exercise of the powers conferred by sub-sections (1) and (2) of section 120 of […]

Govt appoints administrator for Dadra & Nagar Haveli and Daman & Diu Merger

January 24, 2020 1374 Views 1 comment Print

President of India is pleased to appoint Shri Prafulbhai Khodabhai Patel, as Administrator of Union Territory of Dadra and Nagar Haveli and Daman and Diu w.e.f. 26.01.2020 and until further orders.

Dadra and Nagar Haveli and Daman and Diu (Repeal) Regulation, 2020

January 24, 2020 1239 Views 0 comment Print

Govt notifies Dadra and Nagar Haveli and Daman and Diu (Repeal) Regulation, 2020. It shall come into force on the 26th day of January, 2020. MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, the 24th January, 2020/Magha 4, 1941 (Saka) THE DADRA AND NAGAR HAVELI AND DAMAN AND DIU (REPEAL) REGULATION, 2020 NO. 5 […]

Dadra and Nagar Haveli and Daman and Diu (Extension with modifications of the Goa, Daman and Diu Excise Duty Act, 1964) Excise Regulation, 2020

January 24, 2020 2403 Views 0 comment Print

Govt notifies Dadra and Nagar Haveli and Daman and Diu (Extension with modifications of the Goa, Daman and Diu Excise Duty Act, 1964) Excise Regulation, 2020. MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, the 24th January, 2020/Magha 4, 1941 (Saka) THE DADRA AND NAGAR HAVELI AND DAMAN AND DIU (EXTENSION WITH MODIFICATIONS OF […]

Dadra and Nagar Haveli VAT (Amendment) Regulation, 2020

January 24, 2020 1578 Views 0 comment Print

Govt notifies  Dadra and Nagar Haveli Value Added Tax (Amendment) Regulation, 2020.It shall come into force on the 26th day of January, 2020.

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