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Archive: 09 June 2021

Posts in 09 June 2021

Opening of an Indian LLP With Foreign Capital Contribution

June 9, 2021 408 Views 0 comment Print

Any Foreign LLP can establish its place of business in India by filling Form 27 (Registration of particulars by Foreign Limited Liability Partnership (FLLP)). The eForm has to be digitally signed by authorized representative of the FLLP. There is no mandatory requirement to apply and obtain DPIN or DIN for Designated Partners of FLLP but […]

IP to collect information from other sources if suspended director of CD not Co-operate

June 9, 2021 1227 Views 0 comment Print

In respect of fourth issue of failure to collect information about the CD from other sources, the DC notes that IP has a duty to collect all information relating to the assets, finances, and operations of the CD for determining the financial position of the CD. The DC notes that in situation when there is […]

IEPF Authority (Accounting, Audit, Transfer and Refund) Amendment Rules, 2021

June 9, 2021 7227 Views 0 comment Print

MCA notifies Investor Education and Protection Fund (IEPF) Authority (Accounting, Audit, Transfer and Refund) Amendment Rules, 2021 to amend the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016. MCA inserts new Rule 6A. Manner of transfer of shares under sub-section (9) of section 90 of the Act to the Fund […]

Section 10(46) exemption to ‘Competition Commission of India’

June 9, 2021 1557 Views 0 comment Print

Vide Notification No. 72/2021-Income Tax | Dated: 9th June, 2021 CBDT notifies Tax Exemption to ‘Competition Commission of India’, a Commission established under Section 7(1) of the Competition Act, 2002 in respect of the specified income under section 10(46) of Income Tax Act, 1961. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) […]

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