{"id":5740,"date":"2019-04-22T11:21:41","date_gmt":"2019-04-22T05:51:41","guid":{"rendered":"http:\/\/carajput.com\/blog\/?p=5740"},"modified":"2021-08-17T17:49:20","modified_gmt":"2021-08-17T12:19:20","slug":"corporate-and-professional-updates-on-13th-april-2019","status":"publish","type":"post","link":"https:\/\/carajput.com\/blog\/corporate-and-professional-updates-on-13th-april-2019\/","title":{"rendered":"Corporate and Professional Updates on 13th April 2019"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_58 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Page Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69e2ed084ed24\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #000000;color:#000000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #000000;color:#000000\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69e2ed084ed24\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/carajput.com\/blog\/corporate-and-professional-updates-on-13th-april-2019\/#Direct_Tax_Updates\" title=\"Direct Tax Updates:\">Direct Tax Updates:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/carajput.com\/blog\/corporate-and-professional-updates-on-13th-april-2019\/#RBI_Updates\" title=\"RBI Updates:\">RBI Updates:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/carajput.com\/blog\/corporate-and-professional-updates-on-13th-april-2019\/#SEBI_updates\" title=\"SEBI updates:\">SEBI updates:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/carajput.com\/blog\/corporate-and-professional-updates-on-13th-april-2019\/#Other_Updates\" title=\"Other Updates:\">Other Updates:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/carajput.com\/blog\/corporate-and-professional-updates-on-13th-april-2019\/#Key_Due_Dates\" title=\"Key Due Dates:\">Key Due Dates:<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Direct_Tax_Updates\"><\/span><strong><em><span style=\"text-decoration: underline;\">Direct Tax Updates:<\/span><\/em><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"\" src=\"https:\/\/cdn.pixabay.com\/photo\/2015\/08\/01\/21\/03\/euro-870757__340.jpg\" alt=\"Image result for hd pics on direct tax\" width=\"669\" height=\"446\" \/><\/p>\n<ul>\n<li style=\"text-align: justify;\"><a href=\"https:\/\/carajput.com\/income-tax-services.php\">Income tax<\/a> department, and the collection of data, based on Permanent Account Numbers, the tax authorities have been\u00a0moving to a system of verification of such information, and taking action if such verification shows that the relevant income has not been offered to tax. The verification seems to have been carried out in many cases for financial year. Where income has not been offered to tax in the return of\u00a0income, a notice is issued for reassessment.<\/li>\n<li style=\"text-align: justify;\">This is absolutely fine and the correct thing to do, in order to detect cases of tax evasion. Unfortunately, as in the past, the problem lies in the\u00a0 The manner in which some of these enquiries have been conducted and reassessment proceedings commenced leaves much to be desired. Very often, the time given to the taxpayer to respond to the notices is very short, at times, just about a week.<\/li>\n<\/ul>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"RBI_Updates\"><\/span><strong><span style=\"text-decoration: underline;\"><a href=\"https:\/\/carajput.com\/rbi-consulting.php\">RBI<\/a> Updates:<\/span><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><img loading=\"lazy\" decoding=\"async\" class=\"\" src=\"https:\/\/images.firstpost.com\/wp-content\/uploads\/2018\/04\/RBI-afp.jpg\" alt=\"Image result for hd pics on rbi\" width=\"733\" height=\"550\" \/><\/p>\n<ul style=\"text-align: justify;\">\n<li>RBI injected a total liquidity of Rs 2.98 Lakh Crore in the market in 2018-19<\/li>\n<li>RBI permits Reinsurance Brokers to open Non-Interest Bearing Foreign Currency Accounts with banks for undertaking transactions.<\/li>\n<\/ul>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"SEBI_updates\"><\/span><strong><span style=\"text-decoration: underline;\">SEBI updates:<\/span><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><img loading=\"lazy\" decoding=\"async\" class=\"\" src=\"https:\/\/content3.jdmagicbox.com\/comp\/mumbai\/48\/022p8017048\/catalogue\/securities-and-exchange-board-of-india-head-office-bandra-kurla-complex-bandra-east-mumbai-government-organisations-vqurf.jpg\" alt=\"Image result for hd pics on Sebi\" width=\"604\" height=\"514\" \/><\/p>\n<ul style=\"text-align: justify;\">\n<li><a href=\"https:\/\/carajput.com\/sebi-consulting.php\">SEBI<\/a> issues Revised Guidelines for System Audit to be conducted by Mutual Funds and Asset Management Companies (AMCs). The guidelines come after &#8220;considering the importance of system audit in technology driven asset management activity and to enhance and standardise the system audit.<\/li>\n<\/ul>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Other_Updates\"><\/span><strong><span style=\"text-decoration: underline;\">Other Updates:<\/span><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul style=\"text-align: justify;\">\n<li>Panacea Biotec&#8217;s lenders approve one-time settlement of outstanding dues.<\/li>\n<li>Standard Chartered to pay $1.1 billion for sanctions violations.<\/li>\n<li>Fitch affirms \u2018BBB-\u2018 rating to Exim Bank, stable\u00a0outlook.<\/li>\n<li>\u2018No deal\u2019 Brexit risks severe economic shock, IMF\u00a0warns.<\/li>\n<li>India highest recipient of remittances at USD 79 billion in 2018.<\/li>\n<li>India probes dumping of \u2018aluminium, zinc coated flat products\u2019 from China, Vietnam,\u00a0Korea.<\/li>\n<li>Gold falls Rs 235 on muted demand.<\/li>\n<li>Government meets FY19 fiscal deficit goal of 3.4%<\/li>\n<li>India to grow at 7.3% in 2019 and 7.5% in 2020: IMF<\/li>\n<li>Tatas take over Usha Martin&#8217;s steel business<\/li>\n<li>Current economic atmosphere &#8216;a delicate moment&#8217;: IMF<\/li>\n<li>PSEs to stay PSUs even with below 51% govt stake<\/li>\n<li>BSNL collects record Rs 6,500 crore in revenue.<\/li>\n<\/ul>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Key_Due_Dates\"><\/span><strong><span style=\"text-decoration: underline;\">Key Due Dates:<\/span><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul style=\"text-align: justify;\">\n<li>13-04-2019\u00a0&#8211; GSTR-1\u00a0for the month of March 2019 for taxpayers with Annual Aggregate turnover\u00a0More than\u00a01.50 Crore.<\/li>\n<li>13-04-2019\u00a0&#8211; GSTR-6 for Input Service Distributor.<\/li>\n<li>18-04-2019\u00a0&#8211; Quarterly return for taxpayers opting for\u00a0Composition Scheme(GSTR-4)<\/li>\n<li>20-04-2019\u00a0&#8211;\u00a0GSTR-3B\u00a0for the m\/o March 2019.<\/li>\n<li>30-04-2019\u00a0&#8211; GSTR-1\u00a0for the quarter ending March 2019 for taxpayers with Annual Aggregate turnover\u00a0upto than\u00a01.50 Crore.<\/li>\n<li>14-04-2019\u00a0&#8211; Issue of <a href=\"https:\/\/carajput.com\/tds.php\">TDS Certificate<\/a> for tax deducted under section 194-IA\/194-IB in m\/o Feb&#8217;19.<\/li>\n<li>30-04-2019\u00a0&#8211; Deposit of TDS\/TCS for m\/o March 2019.<\/li>\n<li>30-04-2019\u00a0&#8211; Furnishing challan-cum-statement in respect of tax deducted u\/s 194-IA\/194IB in month of March&#8217;19<\/li>\n<li>30-04-2019\u00a0&#8211; Due date for uploading declarations received from recipients in Form. 15G\/15H during the quarter ending March, 2019.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Direct Tax Updates: Income tax department, and the collection of data, based on Permanent Account Numbers, the tax authorities have been\u00a0moving to a system of verification of such information, and taking action if such verification shows that the relevant income has not been offered to tax. The verification seems to have been carried out in &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[150,172,9,4],"tags":[7528,893,7532,6251],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/5740"}],"collection":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/comments?post=5740"}],"version-history":[{"count":4,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/5740\/revisions"}],"predecessor-version":[{"id":16104,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/5740\/revisions\/16104"}],"wp:attachment":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/media?parent=5740"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/categories?post=5740"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/tags?post=5740"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}