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Archive: 19 February 2022

Posts in 19 February 2022

Postmortem of Union Budget 2024: A Comprehensive Webinar

July 18, 2024 5724 Views 3 comments Print

Join our webinar on July 24-25 for an in-depth analysis of Union Budget 2024. Learn about tax proposals, sector impacts, and investment insights. Register now!

Live Course on 360 degree Analysis of Input Tax Credit from a Litigation Perspective

July 18, 2024 4689 Views 0 comment Print

Join CA Sachin Jain for a live course on Input Tax Credit from a litigation perspective. Gain practical insights and master ITC complexities. Register now!

Exclusive Jurisdiction of MACT In Motor Accident Cases

February 19, 2022 32193 Views 0 comment Print

The major objective of this act was to concentrate on the innocent people who are traveling on the road and can get affected by the drivers. The drivers of this motor vehicle were not held accountable for until this act. Thus, under the motor vehicle act, there was a provision for compensation for these helpless people on the road.

GST Council Newsletter for the Month of January 2022

February 19, 2022 2574 Views 1 comment Print

GST Revenue Collection For January, 2022 Rs 1,38,394 crore Gross GST Revenue collected for January 2022 The gross GST revenue collected in the month of January 2022 till 3:00 PM on 31.01.2022 is Rs 1,38,394 crore of which CGST is Rs 24,674 crore, SGST is Rs 32,016 crore, IGST is Rs 72,030 crore (including Rs […]

Consultation Paper- Disclosures for ‘Basis of Issue Price’ section in offer document

February 19, 2022 1626 Views 0 comment Print

The objective of this consultation paper on Disclosures for ‘Basis of Issue Price’ section in offer document under SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 is to seek comments from the public on Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 (ICDR Regulations), regarding provisions relating to disclosures for ‘Basis of Issue Price’ section in offer document.

CARO, 2020 – Companies Auditor’s Report Order, 2020

February 19, 2022 51309 Views 0 comment Print

Companies Auditor’s Report Order 2020 brings more enhanced reporting disclosures which will provide more accurate insights to the business with completeness and accuracy providing the stakeholders knowledge about operational and financial position of the company. Such enhanced disclosures will provide foreshadow about corporate failures before the actual collapse Onus of comprehensive disclosure lies on both […]

Notaries in foreign country can be legally recognized by court even without reciprocity between countries

February 19, 2022 27228 Views 1 comment Print

The Court has held that even though there might be no reciprocity between India and another country under Section 14 of the Notaries Act, 1952, the notarial acts of the Notaries in the foreign country could be given legal recognition by the courts and authorities in India.

Agriculture Income : Taxability and Exemption

February 19, 2022 19992 Views 1 comment Print

The common perception among general public tells that Agriculture Income is totally exempt from taxation. Through this article we will analyse into this perception and the provision of taxation on agriculture income What is the meaning of Agriculture Income? As per section 2(1A) of the Income Tax Act, Agriculture income means: 1) Income from sale […]

CAAR closes application of ‘Jabil Circuit India Pvt. Ltd.’ for non-prosecution

February 19, 2022 999 Views 0 comment Print

In re Jabil Circuit (CAAR Mumbai) As applicant has failed to submit the requisite information and express their willingness to appear for personal hearing, CAAR order that the said application of M/s. Jabil Circuit India Pvt. Ltd. shall be treated as closed on the ground of non-prosecution. FULL TEXT OF ORDER OF CUSTOMS AUTHORITY OF […]

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