# ICAI has given an opportunity to students to change the Centre or Group or Medium as filled by them in Nov’ 18 examination form by 24.10.2018 on a payment of a fee of ₹ 1,000/-.
# MCA: SPice form is likely to be revised w.e.f 16.10.18. Stakeholders are advised to check the latest version before filing.
# GST: Levy of GST or VAT - Work Contracts executed up to 30.06.2017 - since the raising of invoices and payment for the supplies would be under the GST regime and the transaction were not accounted under the VAT - interim relief granted – Partho Kumar Nath Vs State of Assam & Ors. (2018 (10) TMI 779 - Gauhati HC).
# IBC: The right to sue (Sections 7 & 9 of the Code) accrues when a default occurs. If the default has occurred over three years prior to the date of filing of the application, the application can be rejected under Limitation Act unless condoned in deserving cases - B. K. Educational Services Pvt. Ltd. Vs Parag Gupta & Associates (2018 (10) TMI 777 - Supreme Court).
# IT: Disallowance u/s 14A not to be made for the expenses i.e audit fees, ROC fee etc. required to maintain corporate identity of the appellant – Bisnauth Investments Ltd. Vs DCIT (2018 (10) TMI 786 - ITAT Kolkata).
TMI: taxmanagementindia.com
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Inter Banking Accounts Transactions between Group Companies can’t be treated as ‘ Deemed Dividend ’: ITAT [Read Order]
Read more at: http://www.taxscan.in/inter-banking-accounts-transactions-group-companies-deemed-dividend-itat/29702/
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No Section 68 additions if identity of applicants was clearly revealed; SLP dismissed by the Honourable SUPREME COURT OF India in the case of Principal Commissioner of Income Tax Vs. Himachal Fibers Ltd.
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The revenue department has issued preliminary notices to about 10,000 people under the benami law seeking source of income details as it analyses data on deposits of cancelled notes after the November 2016 demonetisation.
Allahabad HC issues notice to CBDT on the issue of levy of interest u/s 234A despite due date extension
SEBI clarified with respect to amendments to regulation 40 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which stated that transfers of listed securities would not be processed after 5 December 2018, unless such securities are held in a dematerialized form with a depository.
RBI will not relax the October 15 deadline for global financial technology (fintech) companies to comply with its data localisation norms in the public interest.
RBI sold the highest amount of dollars in five years to curb the slide in the rupee. In the five months April-August, RBI sold almost $34 billion in spot and forward markets $18.6 billion in spot and $15 billion in forwards.
ICAI has given an opportunity to students to change the Centre or Group or Medium as filled by them in examination form from 15.10.2018 to 24.10.2018 fee Rs. 1000.
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Gujarat Sales Tax Bar Association requests Govt to postpone GST Returns Due Date [Read Representation]
Read more at: http://www.taxscan.in/gujarat-sales-tax-bar-association-requests-govt-postpone-gst-returns-due-date/29719/
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Sec 19(5)(c) of the TN VAT Act not Discriminatory: Supreme Court [Read Judgment]
Read more at: http://www.taxscan.in/sec-195c-tn-vat-act-not-discriminatory-supreme-court/29688/
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Delhi HC asks details of processing Refund Claims from Govt [Read Order]
Read more at: http://www.taxscan.in/delhi-hc-details-processing-refund-claims-govt/29734/
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Petition seeks Interest for Delayed IGST Refunds: Gujarat HC issues notice to Centre and GST Council [Read Order]
Read more at: http://www.taxscan.in/petition-interest-delayed-igst-refunds-gujarat-hc-issuescentre-gst-council/29739/
