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Archive: December, 2021

Posts in December, 2021

Bicycles- Retro Reflective Devices (Quality Control) Amendment Order, 2021

December 24, 2021 1188 Views 0 comment Print

(1) This order may be called the Bicycles- Retro Reflective Devices (Quality Control) Amendment Order, 2021. (2) It shall come into force on the date of its publication in the Official Gazette.

Notification No. 54/2021-Customs, Dated: 24.12.2021

December 24, 2021 3961 Views 0 comment Print

Notification No. 54/2021-Customs Seeks to further amend Notification No. 46/2011-Customs, dated the 1st June, 2011 to give effect to 13th tranche of preferential tariff as per ASEAN India Trade in Goods Agreement (AITIGA) MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 24th of December, 2021 Notification No. 54/2021-Customs G.S.R. 881(E).—In exercise of the powers […]

Govt notifies bullion spot delivery contract as security for issuance & Trading in IFSCA

December 24, 2021 2964 Views 0 comment Print

Govt notifies (i) bullion spot delivery contract; and (iii) bullion depository receipt with underlying bullion as securities for the purpose of Section 18 of the Securities Contracts (Regulation) Act, 1956 in respect of issuance and trading of such securities in an International Financial Services Centre under the International Financial Services Centres Authority Act, 2019. MINISTRY […]

Govt notifies Electronic Gold Receipt as security under Securities Contracts (Regulation) Act, 1956

December 24, 2021 2265 Views 0 comment Print

Electronic Gold Receipt means an electronic receipt issued on the basis of deposit of underlying physical gold in accordance with the regulations made by the Securities and Exchange Board of India under section 31 of the said Act.

Form – 23AC | Filing balance sheet & other documents with ROC

December 24, 2021 3639 Views 0 comment Print

 EFORM – 23AC – For filing Balance Sheet and other documents with the Registrar of Companies (ROC) The information to be provided in the eForm 23AC should be as on the date of the balance sheet. After the eForm has been filled, click the Prescrutiny button to pre-scrutinise the eForm 23AC. If the eForm 23AC […]

Amended provisions related to deduction for ESI/PF applicable from AY 2021-22

December 24, 2021 6129 Views 0 comment Print

Abhimanyu Sharma Vs ITO (ITAT Jaipur) In the instant case, admittedly and undisputedly, the employees’ contribution to ESI and PF collected by the assessee from its employees have been deposited well before the due date of filing of return of income u/s 139(1) of the Act and therefore, the legal proposition laid down in aforesaid […]

Form DPT-l | Circular or circular in the form of advertisement inviting deposits

December 24, 2021 1869 Views 0 comment Print

FORM DPT-l CIRCULAR OR CIRCULAR IN THE FORM OF ADVERTISEMENT INVITING DEPOSITS [Pursuant to section 73 (2)(a) and section 76 and rule 4(1) and 4(2) of the Companies (Acceptance of Deposits) Rules, 2014] The circular or circular in the form of advertisement shall contain the following: GENERAL INFORMATION (a) Name, address, website and other contact […]

Form 66 for submission of Compliance Certificate with ROC

December 24, 2021 3039 Views 0 comment Print

FILLING OF EFORM –66 – Form for submission of Compliance Certificate with the Registrar of Companies (ROC) After the eForm 66 has been filled, click the Prescrutiny button to prescrutinise the eForm. If the eForm 66 is not prescrutinised, it shall be rejected when you attempt to upload the eForm 66. This eForm 66 shall […]

All about filing of FORM – 23ACA with Registrar of Companies

December 24, 2021 5355 Views 0 comment Print

EFORM – 23ACA – For filing Profit and loss account and other documents with the registrar of Companies -The information to be provided in the eForm 23ACA should pertain to the financial year. -After the eForm 23ACA has been filled, click the Prescrutiny button to prescrutinise the eForm 23ACA. If the eForm 23ACA is not […]

AE cannot be considered as comparable as it lacks independent nature of uncontrolled transaction

December 24, 2021 963 Views 0 comment Print

An associate enterprise itself would not to be taken as a comparable since lacking the independent nature of an uncontrolled transaction in forming hallmark of Chapter X of the Act. We thus delete the impugned arms length price adjustment on receivables for this precise reason alone.

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