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Archive: June, 2021

Posts in June, 2021

Mandating mentioning of TSSAI License on receipts /invoices

June 8, 2021 1980 Views 0 comment Print

File No. 15(31)2020/FoSCoS/RCD/FSSAI Food Safety and Standards Authority of India (A Statutory Authority established under the Food Safety & Standards Act, 2006) (Regulatory Compliance Division) FDA Bhawan, Kotla Road, New Delhi-110002 Dated, the 8th June, 2021 ORDER Subject: Mandating the mentioning of TSSAI License/Registration number on receipts/invoices/cash memo/bills etc. by food businesses on sale of […]

NFRA Paper on Enhancing Engagement with Stakeholders Report of Technical Advisory Committee

June 8, 2021 822 Views 0 comment Print

Ministry of Corporate Affairs National Financial Reporting Authority seeks comments/suggestions from public and stakeholders on consultation paper on NFRA’s engagement with its stakeholders Posted On: 08 JUN 2021 7:00PM by PIB Delhi National Financial Reporting Authority (NFRA) has set up a Technical Advisory Committee (TAC) to, inter alia, provide NFRA with inputs from the perspective […]

Income assessed by CPC, Bangalore cannot be taken as returned income

June 8, 2021 2922 Views 0 comment Print

Ranuj Nagrik Sahakari Bank Ltd. Vs ITO (ITAT Ahmedabad) Assessee has filed return of income declaring total income at Rs.32,01,050/-which was processed by the CPC, Bangalore under section 143(1) and assessed at Rs.37,66,259/-. In the scrutiny assessment under section 143(3), the ld.AO has taken the income of Rs.37,66,259/- assessed under section 143(1) by the CPC […]

Draft Model Rules for Live-Streaming & Recording of Court Proceedings

June 8, 2021 1218 Views 0 comment Print

e-Committee of Supreme Court releases Draft Model Rules for Live-Streaming and Recording of Court Proceedings; Comments/inputs sought from stakeholders Draft Model Rules aims to imbue greater transparency, inclusivity and foster access to justice

ICSI revises Schedule of CS Exam (Read Revised Schedule)

June 8, 2021 1068 Views 0 comment Print

The Institute of Company Secretaries Of India A. Important Examination Announcement for Revised Schedule of CS Exams This is in continuation with the earlier important examination announcement dated 4th May, 2021 It is hereby announced that the CS Examinations for Foundation Programme, Executive Programme (Old and New Syllabus) and Professional Programme (Old and New Syllabus) […]

Corporate Social Responsibility (CSR) Benefiting Employees (CSR) Series – Part I

June 8, 2021 19809 Views 1 comment Print

Corporate Social Responsibility Benefiting Employees (CSR) Series – Part 1 Corporate Social Responsibility (CSR) activity means an activity undertaken by a company in pursuance of its statutory obligation laid down in Sec 135 of the Companies Act. The Corporate Social Responsibility (CSR) Amendment Rule 2021 vide Rule 2(d)(iv) excludes the activities benefitting employees of the […]

One-time Golden Opportunity for CA Final Exam passed students

June 8, 2021 1041 Views 0 comment Print

One-time Golden Opportunity for CA Final Exam passed students – Complete virtual MCS/Adv. ITT any-time any-where and become a member of ICAI

Annual Returns Form For Private And Public Company

June 8, 2021 4242 Views 0 comment Print

Every Company registered under Companies Act, 2013 needs to file some regular kind of forms with the Registrar of Companies within the prescribed time period. Followings are the forms for filling: 1.DPT-3: DPT-3 is one of annual return need to file every year with loan or advances as on 31st March within the period of […]

All about recent Changes in GST Late Fees, Interest Rate & Due Dates

June 8, 2021 173166 Views 17 comments Print

GST Compliance Relaxations pursuant to GST Council Recommendations – Pursuant to the GST Council recommendations in their 43rd meeting held on 28th May 2021 at New Delhi, CBIC has issued series of notifications relaxing GST compliance requirements. The changes are categorized in below major areas and summarized for ease of understanding – A. Reduction of […]

GST on Annuity payments – The need for clarification?

June 8, 2021 16983 Views 1 comment Print

Introduction India has the second-largest road network in the world, spanning a total of 62.16 Lakhs kilometres (kms). This comprises National Highways, Expressways, State Highways, District Roads and Village Roads. Historically, investments in the transport sector have been made by the Government. However, in order to encourage private sector participation, the Ministry has laid down […]

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