Sudarshan Kumar Jain Vs DCIT (ITAT Delhi) I find the son of the assessee Dr. Sandeep Jain who appeared before the Assessing Officer had categorically stated that whatever amount has been paid towards admission and donation/capitation fee has been paid by him. He and his wife are doctors since 1996 and have sufficient source to […]
CONSULTATION PAPER Review of SEBI (Issue and Listing of Debt Securities by Municipalities) Regulations, 2015 A. Objective: 1. To seek public comments on the proposals relating to SEBI (Issue and Listing of Debt Securities by Municipalities) Regulations, 2015 (hereinafter referred to as “ILDM Regulations”) with a view to, inter-alia, broadening the universe of issuers, strengthening […]
SEBI Consultation Paper on Innovators Growth Platform (IGP)- Norms for Companies listed on IGP to trade under regular category of mainboard of Recognized Stock Exchanges
Capital market in India have been early adopters of technology. SEBI believes that encouraging adoption and usage of financial technology (‘FinTech’) would have a profound impact on the development of securities market. FinTech can act as a catalyst to further develop and maintain an efficient, fair and transparent securities market ecosystem.
Recently, Ministry of Corporate Affairs has introduced MSME FORM I pursuant to Order 2 & 3 dated 22 January, 2019 issued under Section 405 of the Companies Act, 2013 for furnishing Initial and Half Yearly return with the Registrar of Companies with respect to outstanding payments to Micro or Small enterprises. The intention of introducing […]
In terms of Regulation 37(c) of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process For Corporate Persons) Regulations, 2016, a resolution plan shall provide for the measures, as may be necessary, for insolvency resolution of the corporate debtor for maximization of value of its assets, including but not limited to the substantial acquisition […]
Postal Ballot- Applicable Provisions: ♠ Sec 110 of Companies Act,2013 ♠ Rule 20 and 22 of Companies (Management and Administration) Rules, 2014 ♠ SS-2 (Secretarial Standard on General Meeting) ♠ SEBI (LODR) Regulation, 2015 Meaning: Postal Ballot means voting by ballot, post or through electronic means. Applicability: It applies on all Companies whether Private or […]
DETAILS OF RETURNS TO BE FILED UNDER THE GST LAWS- > GSTR-1 Details of outward supplies of taxable goods and/or services effected/provided filed by registered taxable supplier by 10th of the next month.
At present, the most talked about topic after Indian general elections and avengers-end game, is GST annual return and GST audit, i.e. Form GSTR-9 and Form GSTR 9C and Mr. Jain has approached Mr. GST to get the overview of the same. Following are the excerpts of their conversation: 1. What is GST annual return? […]
As per the provisions of the section 406(1) of the Companies Act, 2013, ‘Nidhi Company’ means a ‘company which has been incorporated as a Nidhi with the object of cultivating the habit of thrift and savings amongst its members, receiving deposits from, and lending to, its members only, for their mutual benefit’. After being incorporated […]
