Daily Archives: August 22, 2019

Multipurpose Empanelment Form (MEF) for the year 2019-20 for Practicing Chartered Accountants

By | August 22, 2019

Practicing Chartered Accountants are invited to fill the Multipurpose Empanelment Form (MEF) for the year 2019-20 at www.meficai.org . The key highlights of the MEF- 2019-20 are: Applicants registered earlier for MEF 2018-19 have to simply login with MEF 2018-19 credentials. Most of fields are pre-filled and auto-populated from Institute’s records or last year’s MEF. Please refer… Read More »

CBDT issues clarification on eligibility of small Start-ups to avail tax holiday

By | August 22, 2019

Ministry of Finance CBDT issues clarification on eligibility of small Start-ups to avail tax holiday Posted On: 22 AUG 2019 The Central Board of Direct Taxes (CBDT) has clarified today that small start-ups with turnover upto Rs. 25 crore will continue to get the promised tax holiday as specified in Section 80-IAC of the Income… Read More »

Sabka Vishwas (Legacy Dispute Resolution) Scheme (SVLDRS), 2019 effective from 01.09.2019 to 31.12.2019

By | August 22, 2019

The central government notifies that the Sabka Vishwas (Legacy Dispute Resolution) Scheme (SVLDRS), 2019 will come into effect w.e.f 1st September, 2019 till 31st December, 2019 [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes… Read More »

Sabka Vishwas (Legacy Dispute Resolution) Scheme (SVLDRS) Rules 2019 Notified

By | August 22, 2019

The Central Government notifies the Sabka Vishwas (Legacy Dispute Resolution) Scheme (SVLDRS) Rules, 2019 [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs Notification No. 05/2019 Central Excise-NT New Delhi, the 21st August,… Read More »

Declaring LTCG in ITR instead of STCG is not unavoidable circumstance , No Waiver of Interest u/s 234A/B/C : HC

By | August 22, 2019

HIGH COURT OF MADRAS Tushin T.Mehta v. Chief Commissioner of Income-tax, Chennai G.R. SWAMINATHAN, J. WP NO. 15097 OF 2007 AUGUST  14, 2019 R. Sivaraman for the Appellant. D. Naveen Durai Babu and Hema Muralikrishnan for the Respondent. ORDER   The writ petitioner’s father late Mr.Tushaar Mehta voluntarily filed his return of income for the assessment year 1996-97 on 28.03.1997… Read More »

Notification No 37/2019 Central Tax : GSTR 3B Date Extended for July 2019.

By | August 22, 2019

Notification No 37/2019 Central Tax [To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)] Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Notification No 37/2019 Central Tax New Delhi, the 21st August, 2019 Seeks to extend the due date for furnishing… Read More »