1. Applicability of LLP Settlement Scheme, 2020: – Any LLP which has made a default in filing of specified forms on the due date is permitted to file belated documents, under this Scheme. 2. Specified Forms: – (i) Form-3– Information with regard to limited liability partnership agreement and changes, if any, made therein; (ii) Form-4– […]
Guidance Note on Audit of Banks 2020 edition As you all are aware that the Bank Statutory Audit season is just around the corner, We take this opportunity to place in your hands, the Guidance Note on Audit of Banks – 2020 edition, issued by the Auditing and Assurance Standards Board of ICAI. Over the […]
Exchange Rate Notification No. 20/2020-Customs (NT) dated 5th March, 2020 Notifying Customs Rate of Exchange of Foreign Currency Conversion w.e.f. 6th March, 2020. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) ***** Notification No. 20/2020–Customs (N.T.) New Delhi, dated the 5th March, 2020 15 Phalguna 1941 (SAKA) […]
Q 1. What is the LLP SETTLEMENT SCHEME -2020? Ans. In order to promote ease of doing business, the Central Government decided to give a Onetime relaxation in additional fees to the defaulting LLPs to make good their default by filing pending documents and to serve as a compliant LLP in the future. This scheme […]
COPIES OF MEMORANDUM, ARTICLES, ETC., TO BE GIVEN TO MEMBERS Section 17 deals with the list of documents that are to be made available to the shareholders on the Request. A company shall, on being so requested by a member, send to him within 7 days of the request and subject to the payment of such fees as […]
POWER OF SECURITIES AND EXCHANGE BOARD OF INDIA (SEBI) TO REGULATE ISSUE AND TRANSFER OF SECURITIES, ETC SECTION 24 of Companies Act, 2013 deals with the provisions contained in this Chapter, Chapter IV and in section 127 shall,— (a) in so far as they relate to — (i) issue and transfer of securities; and (ii) […]
Investment made by a person, authorised under section 4 of the Payment and Settlement Systems Act, 2007, in the equity share capital or bonds or debentures of a company- (A) which is engaged in operations of retail payments system or digital payments settlement or similar activities in India and abroad and is approved by the Reserve Bank of India for this purpose; and (B) in which at least fifty-one per cent of equity shares are held by National Payments Corporation of India.”
The issue under consideration is whether the re-opening of assessment u/s 147 is justified if the details on the basis of which case is re-opened was already available at the time of original assessment?
In its efforts to improve the ease of doing business, SEBI today launched a Mobile Application for the convenience of investors to lodge their grievances in SEBI Complaints Redress System (SCORES).
The Special Judge, CBI cases, Ernakulam (Kerala) has sentenced Shri A. Antony George, then Inspector of Central Excise, Customs and Service Tax, Cochin, to undergo two years Rigorous Imprisonment with fine of Rs. 4 lakh in a bribery case.
