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Archive: May, 2019

Posts in May, 2019

SEBI (Portfolio Managers) (Amendment) Regulations, 2019

May 10, 2019 2943 Views 0 comment Print

Securities and Exchange Board of India (Portfolio Managers) (Amendment) Regulations, 2019 shall come into force on the date of their publication in the Official Gazette.

SEBI (Alternative Investment Funds) (Amendment) Regulations, 2019

May 10, 2019 3777 Views 0 comment Print

Securities and Exchange Board of India (Alternative Investment Funds) (Amendment) Regulations, 2019 shall come into force on the date of their publication in the Official Gazette.

File DIR-3 KYC upto 30th June 2019

May 10, 2019 12774 Views 3 comments Print

Analysis of MCA Notification regarding filing of E Form DIR-3 KYC upto 30th June every year  as notified by Companies (Appointment and Qualification of Directors) Amendment Rules, 2019 The Ministry of Corporate Affairs has issued Companies (Appointment and Qualification of Directors) Amendment Rules, 2019 which shall come into force from 30.04.19 wherein Rule 12A related […]

File one time Return in DPT-3 Form up to 29th June, 2019

May 10, 2019 35979 Views 2 comments Print

Analysis of MCA Notification regarding filing of DPT – 3 Form upto 29th June, 2019 – One time Return Companies (Acceptance of Deposits) Second Amendment Rules, 2019 regarding filing of DPT-3 upto 29th June 2019 The Ministry of Corporate Affairs has issued Companies (Acceptance of Deposits) Second Amendment Rules, 2019 which shall come into force from […]

Draft amendments to (Information Utilities) Regulations & Model Bye-Laws and Governing Board of Insolvency Professional Agencies) Regulations

May 10, 2019 570 Views 0 comment Print

IBBI Discussion Paper on Amendments to (i) the Insolvency and Bankruptcy Board of India (Information Utilities) Regulations, 2017; and (ii) the Insolvency and Bankruptcy Board of India (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) Regulations, 2016.

Draft Corporate Insolvency Resolution Process and Regulations

May 10, 2019 2781 Views 0 comment Print

Discussion Paper on Corporate Insolvency Resolution Process along with Draft RegulationsThis discussion paper assimilates the suggestions received on public portal, suggestions by mail /letters, suggestions received in round tables and the emerging jurisprudence.

Ind AS Technical Facilitation Group Clarification Bulletin 19

May 10, 2019 4216 Views 0 comment Print

Issue 1: Entity A is required to apply Ind ASs in preparing its financial statements for periods beginning on or after April 1, 2018. Thus, the date of Entity A’s transition to Ind ASs is April 1, 2017.

AO must establish existence of international transaction before undertaking benchmarking of AMP expenses

May 10, 2019 1719 Views 1 comment Print

In the instant case, we notice that the TPO has entertained the belief on the basis of presumptions that the assessee’s AMP expenses have promoted the brand value of its AE, i.e., no material has been brought on record to show the existence of International transaction. Before us, the Ld A.R placed his reliance on various case laws.

Draft Insolvency and Bankruptcy (Application to Adjudicating Authority for Bankruptcy Process for Personal Guarantors to Corporate Debtors), Rules, 2019

May 10, 2019 2769 Views 0 comment Print

Invitation of Public Comments on the draft Insolvency and Bankruptcy (Application to Adjudicating Authority for Bankruptcy Process for Personal Guarantors to Corporate Debtors), Rules, 2019. Government of India Ministry of Corporate Affairs File No. 30/21/2018- Insolvency Section Dated: 8th May, 2019 Invitation of Public Comments on the draft Insolvency and Bankruptcy (Application to Adjudicating Authority […]

UTGST: Real Estate- Exercise of Option to pay tax- Date extended

May 10, 2019 822 Views 0 comment Print

Seeks to amend notification No. 11/ 2017- Union Territory Tax (Rate) so as to extend the last date for exercising the option by promoters to pay tax at the old rates of 12%/ 8% with ITC vide Notification No. 10/2019- Union Territory Tax (Rate) Dated 10th May, 2019. Government of India Ministry of Finance (Department […]

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