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Archive: June, 2021

Posts in June, 2021

Composition of Audit Committees under Company Law & SEBI LODR

June 10, 2021 9255 Views 0 comment Print

Brief overview about the composition, quorum requirement about the company -Audit Committee -Nomination and Remuneration Committee -Stakeholder Relationship Committee -Risk Management Committee (For Top 1000 Listed Companies) -CSR Committee AUDIT COMMITTEE S.No. Particulars As per Companies Act,2013 As per SEBI (LODR) 1. Minimum Requirement of Director 3 directors with ID forming majority 3 directors where […]

GST: Validity of Section 13(8)(B) ‘Intermediary Service’ – HC Judges Differs

June 10, 2021 14331 Views 0 comment Print

Dharmendra M. Jani Vs Union of India and others (Bombay High Court) Vide this petition challenge made in this writ petition is to the constitutionality of section 13(8)(b) and section 8(2) of the Integrated Goods and Services Tax Act, 2017. Justice Ujjal Bhuyan while coming to the judgment of the Gujarat High Court in Material […]

Relaxation in GST Compliance due to COVID19 second wave

June 10, 2021 3174 Views 0 comment Print

Introduction: Due to second wave of COVID’19 prevailing in our country, GST council in its 43rd meeting held on 28th of May’ 2021 decided to provide certain relaxations for the compliances to be done for April’21 and May’21 month. Various central tax notifications in this regard has been issued by the Ministry dated on 1st […]

Late fee waiver under Maharashtra Value Added Tax Rules, 2005

June 10, 2021 2319 Views 0 comment Print

FINANCE DEPARTMENT Hutatma Rajguru Chowk, Madam Cama Marg, Mantralaya, Mumbai 400 032, dated the 3rd June 2021. NOTIFICATION MAHARASHTRA VALUE ADDED TAX ACT, 2002. No. VAT-1521/C.R. 55/Taxation-1.—In exercise of the powers conferred by the proviso to sub-section (6) of section 20 of the Maharashtra Value Added Tax Act, 2002 (Mah. IX of 2005), the Government […]

ICAI postpone Special Examinations Under MRA / MOU

June 10, 2021 633 Views 0 comment Print

Postponement of Special Examination for Members of Institutions with whom ICAI had entered into Mutual Recognition Agreement (MRAs) / Memorandum of Understanding (MOUs), June 2021

Weekly newsletter from Chairman, CBIC dated 09/06/2021

June 10, 2021 879 Views 0 comment Print

CBIC has lost a number of its serving officers and staff during the Covid pandemic, more so in the recent second wave, leaving their families, colleagues and indeed the entire organization, disconsolate and in a state of shock. We will always remember their valuable contribution, to the department and to the trade and industry, done in a spirit of service to the nation even during these challenging times.

Latest updates in GST e-Invoice Portal

June 10, 2021 4725 Views 0 comment Print

The eicore (IRN) and eiewb (E-WAY BILL) APIs are improved with few new validations and some fixes. It may be noted that there are no change in the structure or format of the request and response payloads. These APIs will continue with version no. 1.03

ICSI reopens window For Submission of Request for Exam Centre Change

June 10, 2021 858 Views 0 comment Print

All students enrolled for June 2021 exam session of the Institute (which is now scheduled to be held from 10th August to 20th August 2021), are hereby informed that it has been decided to re-open the online window from 00.01 Hours on Thursday, 10th June 2021 to 23.59 Hours on Saturday, 12th June 2021 for submission of request for change of Exam Centre.

Pendency of applications cannot be used as a subterfuge to stifle voting of Home Buyers: NCLT

June 10, 2021 1248 Views 1 comment Print

 Vishwanath Sharma Vs Pawan Kumar Singal (NCLT Delhi) In relation to repeated assertion made by Senior Counsel Mr. Ganda that without disposing of the Application filed by Dhankalash Distributors Pvt. Ltd in IA-2116/2021 and IA-2184/2021 challenging the constitution of the voting share percentage of the Homebuyers, which will have a significant impact on the voting […]

PIL In Supreme Court Against July 2021 CA Exams

June 10, 2021 12969 Views 5 comments Print

Adv Anubha Shrivastava Sahai has filed a Plea In Supreme Court with respect to the Chartered’ Accountants Examinations, May 2020 cycle which is not having ‘Opt Out’ option and issue new notification providing opt out option for those willing to opt out before and during exam and carry forward all the benefits. PIL also sought […]

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