Wednesday, March 4, 2020

Cabinet approves Companies (Second Amendment) Bill, 2019

In order to further amend the Companies Act, 2013, the Cabinet has approved the Companies (Second Amendment) Bill, 2019. This bill would remove criminality under the Act in case of default which can be determined objectively and which otherwise, lack of the element of fraud or do not involve larger public interest.

from taxmann.com News https://ift.tt/2IkWOM5

No comments:

Post a Comment

AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...