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Archive: 01 November 2021

Posts in 01 November 2021

CBDT notifies ‘E Settlement Scheme, 2021’

November 1, 2021 6555 Views 0 comment Print

CBDT notifies ‘E Settlement Scheme, 2021’ vide Notification No. 129/2021-Income Tax Dated: 1st November, 2021.  ‘E Settlement Scheme, 2021’ shall be applicable to pending applications in respect of which the applicant has not exercised the option under sub-section (1) of section 245M of the Act and which has been allotted or transferred by Central Board […]

DGGI Jaipur Zonal Unit detects Excise & GST evasion of Rs. 870 crores

November 1, 2021 1809 Views 0 comment Print

DGGI Jaipur Zonal Unit has made a Central Excise and GST evasion case of Rs. 870 crores pertaining to clandestine manufacture and supply of tobacco products. Rs. 10 crores has been recovered, with an arrest of one person so far.

Preferential Allotment of shares | Companies Act, 2013 | Procedure

November 1, 2021 169956 Views 0 comment Print

Company having share capital can increase its subscribed capital through following modes of issues: Preferential allotment Sec 62(1)(c) Rights issue Sec 62(1)(a) ESOP Sec 62(1)(b) Private Placement Sec 42 Bonus shares Sec 63 Many times because of availability of many options to issue securities a dilemma arises that which one will be better option to […]

Setting Up of Business in India

November 1, 2021 3213 Views 0 comment Print

As a result of the efforts, India’s ranking on the World Bank’s Doing Business Report (DBR) of 190 countries, has improved from 142nd position in 2014 to 63rd position in 2020. It has earned a place among the world’s top 10 improvers for the third year in a row. The ease of doing business in India has […]

Problem with Over Emphasis on ‘Degrees’

November 1, 2021 1218 Views 0 comment Print

As always, thanks to all of you for your responses to my previous posts. Whenever I receive a response, it gives me immense pleasure that I need to keep going. Well, this isn’t a topic never spoken of before. It’s just that certain things aren’t so simple just to be explained in a few articles. […]

There Cannot Be Total Ban on Firecrackers : SC

November 1, 2021 1116 Views 0 comment Print

Goutam Roy & Anr. Vs The State Of West Bengal & Ors. (Supreme Court of India) Supreme Court held that There cannot be complete ban on firecrackers. Strengthen mechanism to supervise and implement (Supreme Court’s earlier directions). FULL TEXT OF THE SUPREME COURT JUDGMENT/ORDER 1. SLP (C) No.17994/2021 @ Diary No.26789/2021 and SLP (C) Nos. 17995­97/2021 @ […]

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