The Income Tax Department conducted a search and survey action on a group having interest in…
Year: 2019
MCA amended Companies (Cost Records and Audit) Amendment Rules due to implementation of GST, other procedural changes and consequent revision of connected forms i.e. CRA-1 and CRA-3
The Ministry of Corporate Affairs (MCA) vide Notification No. G.S.R. 792 (E) dated 15.10.2019 has amended…
MCA filed 11,082 Prosecutions For Non-Filling Of Statement of Accounts By Companies
As per the provisions of the Companies Act, prosecutions are filed by the Ministry of Corporate…
Rs.1,03,492 Crore Gross GST Revenue Collected In The Month Of November, 2019
The gross GST revenue collected in the month of November, 2019 is Rs 1,03,492 crore of which CGST is Rs…
Cabinet Approves Agreement and Protocol Between India and Chile For The Avoidance Of Double Daxation
The Union Cabinet chaired by Prime Minister Shri Narendra Modi today approved the signing of the…
DGGI, Gurugram, Arrests Two For GST Fraud Involving Rs 141 Crores
The Directorate General of GST Intelligence (DGGI), Gurugram Zonal Unit (GZU), Haryana has arrested Shri Deepak…
Central GST Delhi North Commissionerate Unearth A Racket Involving Supply Of Goods-Less Invoices And Invoice-Less Goods
Central GST Delhi North Commissionerate has unearthed a racket involving supply of goods-less invoices and invoice-less…
Section 194N: TDS On Certain Cash Withdrawl
To discourage cash transactions and move towards less cash economy, the Finance (No. 2) Act, 2019…
Amendment In Related Party Transactions
MCA has issued notification Dated 18th November 2019, to Amend Rule 15 (Condition of related party…
Section 194M: TDS On Payment By Individual/HUF to contractors and professionals
A New section 194M has inserted by Finance Act, 2019 to break loophole while payment by…