Follow Us:

Archive: April, 2021

Posts in April, 2021

Guidance & Checklist under Haryana RERA

April 13, 2021 6186 Views 1 comment Print

Guidance  and Checklist Under  Haryana Real Estate Regulatory Authority (HRERA or Haryana Rera) Haryana is one of the fastest developing states of the country. It is also one of the fastest urbanizing states. Haryana Government is fully committed to facilitate orderly growth of real estate sector and to protect rights of the apartment buyers. It […]

US Department of Treasury released President Biden’s Made in America Tax Plan

April 13, 2021 879 Views 0 comment Print

As per the tax plan, following are the flaws in the current tax system: (i) Evidence following the 2017 corporate rate cut from 35 percent to 21 percent, however, did not show an increase in investment or economic growth from trend levels. (ii) The share of federal revenue raised by the corporate tax has fallen […]

INC-22A – A Legacy of Legal Jeopardy !!

April 13, 2021 1782 Views 0 comment Print

Today, it has been more than two years since sub-section (9) of Section 12 in the Companies Act, 2013 was added and also to the introduction of e-Form INC-22A what we call as an ‘ACTIVE Form’ and still the comedy of errors continues to be with companies. We have been seeing companies still standing as […]

Compliance Related to Private Limited Company

April 13, 2021 3798 Views 1 comment Print

Compliance for Private Limited Company ♥ 1st Year of Incorporation > First 30 Days Board Meeting 1st Board Meeting (BM): – Within 30 days of Incorporation Auditor’s Appointment Appoint 1st Auditor: Should be appointed within 30 Day of Incorporation in BM Form MBP 1 (Disclosure of Interest by Director) : 1st BM of Every Financial […]

Interim orders of ‘not to arrest’ or ‘no coercive steps’ cannot be passed mechanically: SC

April 13, 2021 8286 Views 0 comment Print

Neeharika Infrastructure Pvt. Ltd. Vs State of Maharashtra (Supreme Court) The principal issue which arises is when and where the High Court would be justified in passing an interim order either staying the further investigation in the FIR/complaint or interim order in the nature of ‘no coercive steps’ and/or not to arrest the accused either […]

List of 26 LLPs who applied for removal of name before ROC Chandigarh

April 13, 2021 1680 Views 0 comment Print

List of the LLPs which have made an application in Form 24 for striking off their respective names from the Register in pursuance to Rule 37 (1) (b) of the Limited Liability Partnership Rules, 2009.

IBBI (Information Utilities) (Amendment) Regulations, 2021

April 13, 2021 1584 Views 0 comment Print

These Regulations may be called the Insolvency and Bankruptcy Board of India (Information Utilities) (Amendment) Regulations, 2021. (2) These Regulations shall come into force on the date of their publication in the Official Gazette.

Expense cannot be disallowed merely for non-production of vouchers by employees

April 13, 2021 6699 Views 0 comment Print

Hero Motocorp Ltd Vs ACIT (ITAT Delhi) FULL TEXT OF THE ORDER OF ITAT DELHI Regarding Ground No. 16 relating to disallowance of reimbursement of foreign travelling expenses to directors/employees amounting to 7.38 crores, the Ld. AR submitted that the disallowance was made on the ground of non-submission of evidence/proof of actual expenses incurred by employees. […]

Section 271(1)(c) Penalty without Specifying The Limb Is Invalid

April 13, 2021 1983 Views 0 comment Print

Elite Realtech Pvt. Ltd. Vs ACIT (ITAT Delhi) As regards penalty order, firstly, the correct limb was not struck off or rather indicated by the Assessing Officer in the notice under Section 274 r.w.s. 271(1)(c) of the Act and hence the decision of the Jurisdictional High Court in case of M/s Sahara India Life Insurance […]

Section 56(2)(viib) not applies to share issue at face value to Shareholders under Amalgamation Scheme

April 13, 2021 4209 Views 0 comment Print

DCIT Vs Ozone India Ltd. (ITAT Ahmedabad) In the instant case, pursuant to amalgamation, all assets, liabilities, undertaking of the amalgamating company (KEPL) are agreed to be vested in the amalgamated company( the Assessee) as a going concern. The amalgamated company has issued 300 equity shares of its company at face value for each shares […]

Search Post by Date
July 2026
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031