Notification No. PPR/P/052/18/DD/12/ INF/19/DC/1355/2020, No. PR/22/16-DD/88/16/DC/1018/2019, No. PR/219/17-DD/216/17/DC/995/2019 and No. PR-52/2015-DD/58/2015-DC/781/2018 -
04/02/2022
THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA (Set up by an Act of Parliament) NOTIFICATION New Delhi, the 4th February, 2022 (Chartered Accountants) No. PPR/P/052/18/DD/12/ INF/19/DC/1355/2020.— In terms of the provisions of Section 21B(3) of the Chartered Accountants Act, 1949 read with Rules 18(17) and 19(1) of the Chartered Accoun...
Read More
Heavy Vehicles Factory Vs Commissioner of GST & CE (CESTAT Chennai) -
Heavy Vehicles Factory Vs Commissioner of GST & CE (CESTAT Chennai) provisions of Rule 4 are very clear as regards the time limit for availment of Cenvat credit. We find that the provisions of Rules cannot be read in isolation. The entire set of Rules covering availment/utilization of credit i.e., CCR, 2004, has to be […]...
Read More
Toyota Material Handling India Private Limited Vs Principal Commissioner of Customs (Import) (CESTAT Delhi) -
Toyota Material Handling India Private Limited Vs Principal Commissioner of Customs (Import) (CESTAT Delhi) The issue that arises for consideration is whether the Principal Additional Director General, DRI had the jurisdiction to issue the notice. This precise issue was examined by the Supreme Court in Canon India. The Supreme Court obser...
Read More
Cloudwalker Streaming & Technologies Pvt Ltd Vs Commissioner of Customs (NS-V) (CESTAT Mumbai) -
Cloudwalker Streaming Technologies Pvt Ltd Vs Commissioner of Customs (CESTAT Mumbai) In valuation, rejection of the declared amount is a pre-requisite because the relevant Rules afford consequential alternatives but rejection of declared classification at the outset carries the burden of saddling the exercise with re-classification that ...
Read More
In the Union Budget, 2022, there is no proposal for changing the rates of tax applicable for individuals or HUFs or AOPs or BOIs or Artificial Juridical persons or Firms or Co-operative societies or companies. Therefore, tax rates applicable for such persons would remain unchanged for the A.Y. 2023-24. Likewise, the basic exemption limit ...
Read More
Circular No. SEBI/HO/IMD-II/DOF8/P/CIR/2022/12 -
04/02/2022
SEBI vide notification dated January 25, 2022 amended SEBI (Mutual Funds) Regulations, 1996 (MF Regulations), which, inter-alia, mandated that the AMCs shall prepare the Financial Statements and Accounts of the Mutual Fund Schemes in accordance with IND AS with effect from April 01, 2023....
Read More
Abstract In this paper I would like to cover the different committees use for the governance the work of board of director. Also in this i would like to raise the question and answer that why is the need of the different committee in the company? I would like to raise the question “What are […]...
Read More
1) Meaning of Attachment of Property If the government attaches the property of a person, the person cannot transfer the said property to anyone else. Even if he does manage to transfer the attached property, the transfer shall be deemed void and thus not recognised by law. Even bank accounts can be attached – he […]...
Read More
In this article we are going to discuss provisions of Section 185 of Companies Act 2013, under this article we are undertaking question when a company can give loan to its director and what are the conditions to give such loans. This section is applicable to both Private as well as Public companies. The section […]...
Read More
It is that time of the year when we have to learn, Unlearn and Re-Learn few things. Yes, the Budget 2022 has brought in few amendments via Finance Bill, 2022. Though, the changes this year are quite few it is important to keep ourselves abreast with latest updates. This Article Summarises certain significant amendments brought […...
Read More