The Ministry of Corporate Affairs (MCA) by notification dated 14th August, 2019 has further amended the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 (the Rules). The amended provisions of these rules shall come into force from 20th August, 2019 except provisions of rule 6 which shall come into force […]
DPPI has reviewed Foreign Direct Investment (FDI) policy Coal & Lignite, Contract Manufacturing, Single Brand Retail Trading, Digital Media sector vide Press Note No. 4 (2019 Series). Government of India Ministry of Commerce & Industry Department for Promotion of Industry and Internal Trade FDI Policy Section Press Note No. 4 (2019 Series) Subject: Review of […]
Educate yourself on Income Tax Departments search and survey operations, crucial tools in combating tax evasion. Explore the powers and limitations under sections 132 and 133A, understanding when and how these operations are authorized. Learn about the circumstances, rights, and precautions associated with search and seizure procedures. Stay informed to ensure compliance and avoid legal repercussions.
‘Buy One Get Two Free’ or ‘Get a Bag free on purchasing items worth Rs 5,000/-‘ or ‘Get Additional 10% discount on annual purchases exceeding Rs 2,50,000/-‘ – Goods and Service Tax (GST) Impact Analysis Sales promotion includes several communications activities that attempt to provide added value or incentives to consumers, wholesalers, retailers, or other […]
Income tax Department department has introduced an e-filing facility for filing of appeal at the first appellate level i.e. the Commissioner of Income-tax (Appeals). This article explains the e-filing facility in simple user-friendly steps and puts forth in simple language, the relevant provisions and procedures under the Income-tax Act relating to filing of appeal before […]
In the New Scheme of Education and Training, the assessment of elective papers 6A to 6F at the Final level is case study based. Upto May, 2019 examination, the question paper of each elective subject comprised of three case studies for 50 marks, out which a candidate had to attempt any two.
Addressing the concerns raised by Agriculture Produce Market Committees (APMCs), it has been decided not to levy the 2% TDS on cash payments above Rs 1 crore made through APMCs, in order to make immediate payments to farmers for their produce. Further to the announcement made by Smt@nsitharaman on 23-08-2019, an additional 15% depreciation has […]
The Ministry of Corporate Affairs vide General Circular No. 09/2019 dated 21st August, 2019 clarified the Ministry’s stand on interpretation of Section 232(6) of the Companies Act, 2013 (Act) dealing with the concept of ‘Appointed Date’. However, before we get into the intricacies of the circular and the clarification it offers, it is very much […]
DETAIL NOTE ON SECTION 164 OF THE COMPANIES ACT 2013 VACATION OF OFFICE OF DIRECTOR This article is a detailed research under section 164 and section 167 of the Companies Act 2013 and to decide when and at which date the any person would be considered as disqualified. Illustration : Mr. A was appointed as the […]
Before we understand and deep diving, let us first know what provision actually say on the above two Acts and how the breach of doctrine of unrichment happening….. Sec 15 of Micro, Small and Medium Enterprises Development Act, 2006 states on the Liability of buyer to make payment.- “Where any supplier, supplies any goods or […]
