Ministry of Corporate Affairs Cabinet approves Promulgation of the Companies (Second Amendment) Ordinance 2019 Posted On: 19 FEB 2019 The Union Cabinet chaired by Prime Minister Narendra Modi has approved the Promulgation of the Companies (Second Amendment) Ordinance 2019 and for replacement of the said Ordinance in Parliament by a replacement Bill. It is based on… Read More »
Cabinet Cabinet approves Promulgation of the Banning of Unregulated Deposit Schemes Ordinance, 2019 Posted On: 19 FEB 2019 The Union Cabinet chaired by Prime Minister Narendra Modi has approved the Promulgation of Unregulated Deposit Schemes Ordinance, 2019. Benefits: The proposed Ordinance will immediately tackle the menace of illicit deposit taking activities in the country launched… Read More »
Ministry of Finance Cabinet approves release of an additional instalment of DA to Central Government employees and DR to Pensioners, due from 1.1.2019 Posted On: 19 FEB 2019 The Union Cabinet chaired by Prime Minister Narendra Modi has given its approval to the release of an additional instalment of Dearness Allowance (DA) to Central Government… Read More »
Cabinet Cabinet approves the proposal of National Policy on Electronics 2019 Posted On: 19 FEB 2019 Decision The Union Cabinet today gave its approval to the National Policy on Electronics 2019 (NPE 2019), proposed by the Ministry of Electronics and Information Technology (MeitY). The Policy envisions positioning India as a global hub for Electronics System… Read More »
THE INSTITUTE OF COST ACCOUNTANTS OF INDIANOTIFICATIONNew Delhi, the 1st February, 2019 F. No. CWA/21/2019.— “In exercise of the powers conferred on it under the Regulation No. 10 of the Cost and Works Accountants Regulation, 1959, the Council of the Institute of Cost Accountants of India hereby issues the following conditions for issuing or renewing… Read More »
MINISTRY OF COMMERCE AND INDUSTRY (Department for Promotion of Industry and Internal Trade) NOTIFICATION New Delhi, the 19th February, 2019 G.S.R. 127(E).— This notification is being issued in supersession of the GazetteNotification No. G.S.R. 364(E) dated April 11, 2018 as modified vide Gazette Notification No. G.S.R. 34 (E) dated January 16, 2019. Definitions 1. In this notification,—… Read More »
AUTHORITY FOR ADVANCE RULINGS, WEST BENGAL Tewari Warehousing Co. (P.) Ltd., In re SYDNEY D’SILVA AND PARTHASARATHI DEY, MEMBER ORDER NO. 40/WBAAR/2018-19 FEBRUARY 18, 2019 Arani Tewari FCA for the Applicant. RULING 1. The Applicant, stated to be supplying warehousing services, is constructing a warehouse on leasehold land, using pre-fabricated technology. According to the Applicant, it can be dismantled and… Read More »
The date of conversion of capital asset into stock in trade shall be determined either on the basis of entry passed in the books of account of the assessee or the intention of the assessee to exploit the capital asset into stock in trade for its business purpose. In this case, undisputedly, the assessee has… Read More »
HIGH COURT OF BOMBAY Shafi Khan Khokhar v. State of Maharashtra AKIL KURESHI AND M. S. SANKLECHA, JJ. WP NO. 2951 OF 2018 DECEMBER 21, 2018 Anand Mishra for the Petitioner. Amit Shastri, AGP Pradeep S. Jetly and J.B. Mishra for the Respondent. JUDGMENT 1. This petition under Article 226 of the Constitution of India seeks to challenge an enquiry initiated by respondent No.… Read More »
Seeks to clarify situations of mentioning details of inter-State supplies made to unregistered persons in Table 3.2 of FORM GSTR-3B and Table 7B of FORM GSTR-1. Circular No. 89/08/2019-GST F. No. CBEC-20/16/04/2018 – GSTGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Indirect Taxes and CustomsGST Policy Wing Madam/Sir,Subject: Mentioning details of inter-State supplies made… Read More »