ROC Chandigarh has given a notice on 08th June 2021 and specified that names of the 26 Limited Liability Partnerships (List given) have been struck off from the Register and the said Limited Liability Partnerships stand dissolved. Government Of India Ministry Of Corporate Affairs Office Of The Registrar Of Companies Cum Official Liquidator, Himachal Pradesh, […]
An overview of Companies (Creation and Maintenance of Databank of Independent Directors) Rules, 2019 Independent Directors serve as an important Institution of corporate governance contributing significantly at the boards by bringing a diverse set of skills with an independent judgement on the significant issues. The Desirable Corporate Governance Code by CII (1998) for the first […]
In furtherance to its announcement dated 4th May 2021, The Institute of Company Secretaries of India, has decided to hold its Examinations for Foundation Programme, Executive Programme (old and New syllabus) and Professional Programme (old and New Syllabus) from 10th August, 2021 to 20th August, 2021.
Recent circulars/ notifications/ rules/ clarifications/News ♦ Furnishing & upload of Form No. 34BB on Income Tax E-filling Portal (Notification No. 05 of 2021-Income Tax 24/05/2021) ♦ CBDT notifies Rule 11UAE Computation of Fair Market Value of Capital Assets for the purposes of section 50B of Income-tax Act, 1961 (Notification No.68/2021 [G.S.R. 338(E)] 24/05/2021) ♦ CBDT […]
ITAT Mumbai ruling on Anusmriti Sarkar vs ITO case. Analysis of LTCG from Kailash Auto Finance Scrip, added without independent verification. Get insights into key decisions.
Case No. AD-OI-09/2021 Initiation of Anti-dumping investigation concerning imports of Resin Bonded Thin Wheels originating in or exported from China PR.
Case No. SSR-AD-03/2021Initiation of sunset review anti-dumping investigation concerning imports of Plain Medium Density Fibreboard having thickness 6mm and above from Vietnam.
Ministry of corporate affairs (MCA) has recently notified some major changes in reporting requirements of financial statement by notifying amendments in Schedule III of companies Act 2013 to be applicable from FY 2021-22 these changes will correspondingly effect reporting and preparation of independent auditor’s report as well, though these changes are applicable from FY 2021-22, […]
Section 50B read with Section 48 of the Act provides that capital gains on slump sale will be the difference between the full value of the consideration received/ accruing as a result of transfer of capital asset and the net worth of the undertaking sold.
A critical analysis of Section 10(26) of Income Tax Act 1961 Introduction: Section 10(26) of Income Tax Act 1961 says “In the case of a member of a Scheduled Tribe as defined in clause (25) of article 366 of the Constitution, residing in any area specified in Part I or Part II of the Table […]