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EY hiring CA, CPA, ACCA qualifiers

Taxscan Team

EY is hiring ICAI, CPA, ACCA qualifiers for the vacancy of GDS Assurance Senior. EY (India) LLP is a Limited Liability Partnership firm incorporated...

Critical Analysis of the Companies (Amendment) Bill, 2020

ICAI issues FAQs on LLP Settlement Scheme 2020

NCLT directs to pay INR One Lakh for Revival of Struck down LLP [Read Order]

MCA launches LLP Settlement Scheme, 2020; Shall allow a One-Time Condonation of Delay in Filing...

No Input Tax Restriction for Real Estate Limited Partnership Fund: UK Tribunal

The UK Tribunal has allowed the appeal by the general partner of Melford Special Situations LP (the Fund), concerning the recovery of input tax. The case was regarding the full deduction of VAT on...

UK Tribunal - No Input Tax - Real Estate - Taxscan

Company Law Committee recommends Decriminalisation of Compoundable Offences under Companies Act

The Company Law Committee, constituted by the Ministry of Corporate Affairs (MCA) vide order dated 18.09.2019, has submitted the first phase report to the Union Finance & Corporate Affairs...

MCA withdraws Memorandum restricting Manufacturing and Allied Services in LLPs

The Ministry of Corporate Affairs ( MCA ) has withdrawn office Memorandum restricting manufacturing and Allied Services in Limited Liability Partnerships ( LLP s ). In a communication published in...

Conversion of Company to LLP is ‘Transfer’: ITAT upholds Income Tax Liability [Read Order]

The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) has held that the conversion of a company into an LLP constitutes a "transfer" for the purpose of the Income Tax Act, 1961. The Tribunal...

Insolvency Professional suspended for using ‘IBBI’ in the Name of LLP [Read Order]

The Insolvency and Bankruptcy Board of India (IBBI) suspended an insolvency professional shall be for three months on the ground that he used the term ‘IBBI’ in his LLP’s name. In the present case,...

LLP Partners should obtain DPIN before Appointment: MCA amends LLP Rules [Read Notification]

The Ministry of Corporate Affairs (MCA) has amended the Limited Liability Partnership ( LLP ) Rules wherein it mandated that the partners should obtain a Designated Partner Identification Number...

GST: CBEC to probe on Proprietors, LLPs and HUF for Fraudulent Transitional claims

The Central Board of Excise and Customs ( CBEC ) has started enquiring about Proprietary businesses, LLPs and HUFs, which took registration under GST between October 2016 and June 2017, for claiming...

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