Saturday, 21 July 2018

21 July 2018 News

21.07.18 Economic News

👉Excess salary paid to MD in contravention of limit provided under Co. Act was taxable as income: ITAT

👉Delhi bench of ITAT held that the failure on the part of the Professional to File TDS Returns would Constitute a ‘Reasonable Cause’ for the delay to avoid the penalty under the provisions of the Income Tax Act.

👉NCLT approves JK Paper's Rs 371 Crore Bid for Sirpur Paper Mills, under the Insolvency Resolution Process

👉NCLAT directs CoC of Bhushan Power to consider all three bids submitted by Tata Steel, Liberty House and JSW Steel.

👉Gujarat HC Issues Notice to Centre, GST Council On Challenge Against CGST Rule On Filing, Revising TRAN-1

👉Union Bank of India partners with Invoicemart to Discount Invoices for MSMEs