In 1st part, GST शास्त्र : Redevelopment agreements ‐ Taxability and other aspects (Part 1), we have analysed flow of transactions & 1st limb of transaction viz., transfer of development rights. In this article, we are going to analyse 2nd and 3rd limb of transactions. Flow of transactions have been re‐produced for easy reference of the readers.
SC allows Interstate Purchase of goods under the CST Act for Manufacturing, Mining etc against ‘C’ Forms in GST Scenario also: But is nullified by Finance Act, 2021 Section 8 of the Central Sales Tax Act of 1956 (CST Act for brevity) prescribes the mechanism for concessional rate of tax. As per the said section, […]
Meaning of ‘Minority Shareholder’: Minority shareholders are the equity holders of a firm who does not enjoy the voting power of the firm by the virtue of his or her below 50% ownership of the firm’s equity capital. Fiduciary Duty Owed by Majority Shareholders: The majority shareholders owe a fiduciary duty to the minority shareholders. […]
THE DOCUMENTS TO BE FILED WITH REGISTRAR FILING OF DOCUMENTS WITH REGISTRAR OF COMPANIES {ROC} Application for incorporation in Memorandum and Articles of Association of the company duly stamped and signed by each subscriber to the Memorandum filed in E Form SPICE +. Declaration from the professional PCA/PCS/PCMA Furnishing verification of Registered Office Particulars of […]
Pankaj Behari Saha Vs State of Tripura (Tripura High Court) Analysis of Section 53 of the TVAT Act would show that as per sub-section (1) thereof, for a dealer whose turnover crosses the prescribed threshold limit for any year, has to get his accounts audited within six months from the end of that year and […]
With the approval of the Competent Authority, an updated Harmonized Master List of Infrastructure Sub-sectors (Annexure-I) is hereby notified. The new list incorporates the following change to the notification dated 13th August, 2018:
This is normally seen that most of the employees and workers not properly aware about how properly maintain his or her UAN and PF account. Also, they are operating this causally not understand the importance of its. But when they very need of it found them helpless and in very problematic situations. Some of basic […]
Yourself was kind enough in giving concessions up to 30.04.2021, for registration of docs, on which stamp duty is paid on or before 31.12.2020. But, due to sudden declaration of lockdown and restriction on movements, many people are not able to submit docs for registration.
Delhi, CM, yesterday on 25th day of April, 2021 has announced and extended the Lockdown in Delhi for further period of one week, till 03rd May, 2021 (till 5 am). Earlier, lockdown was imposed last week, from April 19, 2021, to April 26, 2021. Only the essential services will be allowed during the lockdown and […]
This circular shall be adopted for computation of regulatory capital prescribed for an FC/FU as the case may be, registered under section 3 of IFSCA (Finance Company) Regulations, 2021 and intending to undertake the activities as mentioned in point 5 and point 6 of the Schedule therein, viz.;
