Tweet
W.e.f. 01.04.2014, CSR spending mandatory for PSEs as per Guidelines on Corporate Social Responsibility & Sustainability for Central Public Sector Enterprises.
Adverse Position for assesses in respect of Cenvat Credit on invoices older than 6 Months [Mumbai Tribunal in Ashok Leyland Ltd vs. Commissioner of Central Excise, Nagpur].
When excess payment of service tax is established, its adjustment cannot be denied merely on non-compliance of procedural aspect [Hon’ble CESTAT, Delhi].
The Direct Taxes Committee of the ICAI is in the process of compiling suggestions on Income Tax Return forms (ITRs) and other forms to be made applicable for Assessment year 2015-2016.
Market regulator SEBI has notified new ESOP regulations, including for purchase of shares by employee welfare trusts from the secondary market with adequate safeguards.
Adverse Position for assesses in respect of Cenvat Credit on invoices older than 6 Months [Mumbai Tribunal in Ashok Leyland Ltd vs. Commissioner of Central Excise, Nagpur].
When excess payment of service tax is established, its adjustment cannot be denied merely on non-compliance of procedural aspect [Hon’ble CESTAT, Delhi].
The Direct Taxes Committee of the ICAI is in the process of compiling suggestions on Income Tax Return forms (ITRs) and other forms to be made applicable for Assessment year 2015-2016.
Market regulator SEBI has notified new ESOP regulations, including for purchase of shares by employee welfare trusts from the secondary market with adequate safeguards.
