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Archive: 30 September 2021

Posts in 30 September 2021

IBBI’s Electronic Platform for hosting Public Notices of Auctions of Liquidation Assets

September 30, 2021 714 Views 0 comment Print

IBBI’s Electronic Platform for hosting Public Notices of Auctions of Liquidation Assets under the IBBI (Liquidation Process) Regulations, 2016. A liquidator is required to issue public notice of auctions on the website designated by IBBI, in addition to other specified modes of publication, under sub-regulation (3) of regulation 12 of the IBBI (Liquidation Process) Regulations, 2016 (Liquidation Process Regulations) read with clause (5) of paragraph 1 of its Schedule I.

FAQs on SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

September 30, 2021 7396 Views 0 comment Print

Regulation 2(1)(b) of Listing Regulations defines an ‘associate company’ to mean any entity which is an associate under the Companies Act, 2013 or under the applicable accounting Whether both conditions have to be met or either of the two?

Allahabad HC Quashes section 148 Notices issued Post 31.03.2021

September 30, 2021 27624 Views 0 comment Print

Ashok Kumar Agarwal Vs Union of India and 2 Others (Allahabad High Court) Ashok Kumar Agarwal (the Petitioner) had filed a Petition to challenge the initiation of re-assessment proceedings under Section 148 of the Income Tax Act, 1961 (the IT Act) for different Assessment Years (AYs). The Petitioners contended that all the impugned re-assessment proceedings had […]

Changes in CGST exemption on Supply of services WEF 01.10.2021

September 30, 2021 20757 Views 0 comment Print

CBIC amend notification No. 12/2017- Central Tax (Rate) so as to implement recommendations made by GST Council in its 45th meeting held on 17.09.2021 related to Changes in CGST exemption on Supply of services WEF 01.10.2021 vide Notification No. 07/2021- Central Tax (Rate) | Dated: 30th September, 2021. Exemptions in services ♦ S. No. 19A, […]

NFRA wants Statutory Audit exemption for Certain class of Companies

September 30, 2021 20343 Views 1 comment Print

Consultation Paper on Statutory Audit and Auditing Standards for Micro, Small and Medium Companies (MSMCs) India is unique among the big economies of the world in statutorily mandating compulsory audit for all companies, irrespective of their size and characteristics. In view of the significant role played by companies in India in the economic growth and […]

FSSSAI license requirement deferred till 1st January 2022

September 30, 2021 8463 Views 0 comment Print

Requirement to mention FSSAI License/ Registration number  on receipts /invoices /cash memo/ bills etc. by food businesses on sale of food products deferred till 1st January 2022

CBIC notifies CGST Rate on various services WEF 01.10.2021

September 30, 2021 34923 Views 3 comments Print

CBIC amendsnotification No. 11/2017- Central Tax (Rate) so as to notify CGST rates of various services as recommended by GST Council in its 45th meeting held on 17.09.2021 with effect from 1st day of October, 2021. Notification No. 06/2021- Central Tax (Rate) | Dated: 30th September, 2021. Rate changes in Services ♦  No. 17- Heading […]

Ashok Kumar Gupta assigned charge of Chairperson NFRA

September 30, 2021 1236 Views 0 comment Print

Government assign the charge of post of Chairperson, NFRA to Shri Ashok Kumar Gupta, Chairperson, Competition CCl w.e.f. 01.10.2021 (F/N) for a period of three months or till appointment of a regular incumbent or till further orders, whichever is earlier. No. NFRA -051 412021 Comp-MCA Government of lndia Ministry of Corporate Affairs (NFRA Section) 5th […]

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