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Archive: 18 May 2021

Posts in 18 May 2021

A Standard Health Insurance Policy or COVID19 Specific Policy- Still Confused?

May 18, 2021 816 Views 0 comment Print

The highly asked question in the current times is definitely about the right health insurance policy. People at large extent are having a tough time in making selection between a comprehensive health insurance policy and COVID 19 specific policy, or do they really require a COVID19 related policy even when they have a health insurance […]

Guidelines for functioning of MahaRERA Conciliation & Dispute Resolution Forum

May 18, 2021 5481 Views 1 comment Print

Following procedure is prescribed for hearing to be conducted by the MahaRERA Conciliation and Disputes Resolution Forum in referred conciliation matters (online complaints) transferred by MahaRERA:

Insurance Ombudsman (Second Amendment) Rules, 2021

May 18, 2021 654 Views 0 comment Print

In rule 7 of the Insurance Ombudsman Rules, 2017, in sub-rule (2), in clause (a), after the words may authorise, the words, and in case there is a vacancy in the office of the Chairperson of the Authority, the senior-most whole-time member of the Authority shall be inserted.

Guidelines for Determining Seniority of Complaints Filed Before Maharera

May 18, 2021 414 Views 0 comment Print

And whereas at present, when a complaint is registered before the MahaRERA, it is scheduled for hearing before the concerned Bench of MahaRERA as per its seniority, which is decided as per the date of registration/filing of the online complaint before the MahaRERA.

Sale of plots is not a supply under GST

May 18, 2021 7269 Views 0 comment Print

In re Shantilal Real Estate Services (GST AAR Goa) As per entry 5(b) of Schedule II of SGST Act, construction of a complex, building, civil structure or part thereof, including a complex or building intended for sale to a buyer, wholly or partly, except where the entire consideration has been received after issuance of completion […]

ICSI Special Covid-19 Assistance Corpus

May 18, 2021 324 Views 0 comment Print

ICSI Special Covid-19 Assistance Corpus for non-CSBF members & CSBF members of age 60 years and above – ICSI has created a dedicated Corpus Fund of Rs.10,00,00,000/- (Rupees Ten Crore only) for benevolence by providing financial assistance to the declared dependent (s) / legal heir(s) of deceased members of ICSI in case of Covid-19 related unfortunate demises, who were not members of CSBF or were CSBF members of age 60 years and above.

Central Goods and Services Tax (Fourth Amendment) Rules, 2021

May 18, 2021 11904 Views 0 comment Print

Notification No. 15/2021–Central Tax Dated: 18th May, 2021 1. Days counting from RFD 01 to RFD 03, not to be counted in the period of 2 years in case of fresh refund application after rectifying the deficiencies 2. Form RFD -01W introduced, being refund withdrwal form, which can be filed before  RFD 04 or RFD […]

Issue new FDI & e-commerce policy to save 80 million traders: CAIT

May 18, 2021 2604 Views 0 comment Print

Confederation of All India Traders has written a letter to Shri Piyush Goyal  and demanded for Issuance of a new Press Note on FDI Policy and release of an e-commerce policy on behalf of 80 million traders and alleged that due to failure of DPIIT India to issue a press note foreign eCommerce giants are […]

Maintenance charges not allowable under the head House Property Income

May 18, 2021 3342 Views 0 comment Print

Rockcastle Property Private Ltd Vs ITO (ITAT Mumbai) As per the provisions of Section 23(1)(b), annual value shall be deemed to be the actual rent received or receivable by the assessee. The proviso provides for deduction of municipal taxes levied by any local authority. As per Explanation, the actual rent received or receivable would not […]

Annual General Meeting In OPC Under Companies Act, 2013

May 18, 2021 14796 Views 1 comment Print

Annual General Meeting In OPC (One Person Company) Under Companies Act, 2013 Annual General Meeting in a private limited company is familiar to us, but what should be the course of action in the case of a one-person Company (OPC) As per the Companies Act, 2013 is explained herein, we have also tried to summarize […]

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