Avoid late fees for not linking your PAN with Aadhaar. Learn about the new section in the Income-tax Act and how to comply with the requirements.
IFSC (Banking) Regulation, 2020- Directions for implementation – Criteria for BUs to become trading/clearing members of IFSCA recognized stock exchanges- clarification
Discover the taxation benefits of investing in Sovereign Gold Bonds. Learn about the tax exemption on interest income and more.
Brief of The Securities And Exchange Board of India (Listing Obligations And Disclosure Requirements) (Second Amendment) Regulations, 2021 SEBI (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2021 Regulation New Provision (effective immediately unless otherwise prescribed) 7(3) Compliance Certificate With effect from the recent amendment, the listed entity shall submit a compliance certificate to the […]
Analysis of SEBI (Alternative Investment Funds) (Second Amendment) Regulations, 2021 Securities and Exchange Board of India vide its Gazette notification dated May 5, 2021 published its latest regulations on Alternate Investment Funds which is being reproduced below: https://taxguru.in/sebi/sebi-alternative-investment-funds-second-amendment-regulations-2021.html e-gazette deals with some basic information on alternative invest funds. Let us discover the latest instructions on […]
Compulsory use of Standard Mark.–The goods or articles specified in column (1) of the Table shall conform to the corresponding Indian Standard mentioned in column (2) of the said Table and shall bear the Standard Mark under a licence from the Bureau as per Scheme I of Schedule-II of the Bureau of Indian Standard (Conformity Assessment) Regulations, 2018:
Note on Preparing books of accounts to be maintained under Section 44AA of Income Tax Act, 1961 Some important points to be considered white completing the Books of Accounts and preparing of the Balance sheet for business or profession by an accountant and an assessee. Sometimes it is seen that when an assessee is required […]
Computer Assisted Scrutiny Selection (CASS) 2020 Cycle for ITRs of A.Y. 2019-20 for the current year has been finalized. The Board has approved the parameters for selection of cases and cases are visible to the Assessing Officers.
The National Company Law Tribunal possesses the following powers in its hand: 1. To Modify or Supervise scheme of Compromises or Arrangements: Supervision generally starts when the scheme of Compromise & Arrangement is accepted and even during and after its implementation too, NCLT has powers to pass reasonable order. Castron Technologies Ltd. vs. Castron Mining […]
Workmen of Renault Vs State of Tami Nadu (Madras High Court) Workmen of Renault-Nisan, Wipro Infrastructure & MRF filed Petitions with Madras High Court & contended that the safety or health of the workment cannot be compromised to keep the units functioning. High Court Observed as follows:- Prima facie, it appears that a policy decision […]
