Daily Archives: March 12, 2019

No ITC on Gift of Gold Coins to customer at end of Scheme : AAR

By | March 12, 2019

Applicant, engaged in business of developing, manufacturing and distributing crop protection chemicals and hybrid seeds, have a contractual agreement as per which if distributor purchases certain amount of company’s product or makes payment in a prescribed manner, then he shall be entitled to a gold coin of specific weight. Held since distribution of gold coins… Read More »

Rs 20 Lakh Income Tax Exemption Limit for Gratuity : Notification No. 16 /2019

By | March 12, 2019

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 8th March, 2019 (Income-tax) S.O. 1213(E).—In exercise of the powers conferred by sub-clause (iii) of clause (10) of section 10 of the Income-tax Act, 1961 (43 of 1961), and in supersession of Ministry of Finance, Department of Revenue, notification number… Read More »

GST How to Meet Your Obligations (Set of 2 Volumes) (Budget 2019 7th Edition) – by S.S. Gupta 

By | March 12, 2019

GST How to Meet Your Obligations (Set of 2 Volumes) (Budget 2019 Edition) Paperback – 2019 by S.S. Gupta (Author) Price Rs. 5199 to Buy Click here Product description Volume 1 :  Basic Concepts,Transitional provisions,Levy of GST,Supplies,Non-Taxable Supplies,Time of Supply,Place of Supply,Value of Supply,Reverse Charge,Job Works,E-Commerce & TCS,TDS,Threshold Exemption,Composition Levy,Export of Goods & Services,Import of Goods & services,Taxable Person,Tax Invoice,e-Way… Read More »

Interest Subvention Scheme for Short Term Crop Loans during the years 2018-19 and 2019-20

By | March 12, 2019

Interest Subvention Scheme for Short Term Crop Loans during the years 2018-19 and 2019-20 RBI/2018-19/137 FIDD.CO.FSD.BC.No.15/05.02.001/2018-19 March 7, 2019 The Chairman / Managing Director & CEOs All Public & Private Sector Scheduled Commercial Banks Madam/Dear Sir, Interest Subvention Scheme for Short Term Crop Loans during the years 2018-19 and 2019-20 Please refer to our circular FIDD… Read More »

CA May 2019 Exam Postponed to June 2019

By | March 12, 2019

The Institute of Chartered Accountants of India [Set up by an Act of Parliament] Post Box No. 7112, ‘ICAI BHAWAN’, Indraprastha Marg New Delhi – 110002 11th March, 2019 IMPORTANT ANNOUNCEMENT POSTPONEMENT OF CHARTERED ACCOUNTANT EXAMINATIONS, MAY 2019 It is hereby notified for general information that in view of Elections to the 17th Lok Sabha… Read More »

White Label ATMs (WLAs) in India – Review of Guidelines

By | March 12, 2019

White Label ATMs (WLAs) in India – Review of Guidelines RBI/2018-19/138DPSS.CO.OD.No.1916/06.07.011/2018-19 March 7, 2019 The Chairman and Managing Director / Chief Executive OfficerAll Scheduled Commercial Banks including RRBs /Urban Co-operative Banks / State Co-operative Banks /District Central Co-operative Banks /Authorised ATM Network Operators /Card Payment Network Operators /White Label ATM Operators Madam / Dear Sir,… Read More »

Extension of One time condonation under the EPCG Scheme : Public Notice No. 78/2015-20

By | March 12, 2019

(To be Published in the Gazette of India Extraordinary Part I, Section-I) Government of IndiaMinistry of Commerce and IndustryDepartment of CommerceDirectorate General of Foreign TradeUdyog Bhawan ***** Public Notice No. 78/2015-20 New Delhi, Dated 11, March, 2019 Subject:- Onetime condonation under the EPCG Scheme — Extension till 30.09.2019. The following Public Notices have been issued by… Read More »

Effective date of Finance ACT 2018 Amendment in Securities contract , SEBI Act, Depository Act

By | March 12, 2019

MINISTRY OF FINANCE(Department of Economic Affairs)NOTIFICATIONNew Delhi, the 8th March, 2019 S.O. 1314(E) —In exercise of the powers conferred by sections 146, 178 and 191 of the Finance Act, 2018 (13 of 2018), the Central Government hereby appoints the 08th day of March, 2019, as the date on which the provisions of Part VI, Part X… Read More »