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Archive: 10 March 2022

Posts in 10 March 2022

SEBI cautions investors not to rely on unsolicited investment tips

March 10, 2022 513 Views 0 comment Print

SEBI conducts search and seizure operations in multiple locations across country; SEBI cautions investors not to rely on unsolicited investment tips received through Social Media platforms

TPo cannot reject a Comparable for not figuring in his search matrix

March 10, 2022 3024 Views 0 comment Print

Prism Networks Private Limited Vs ACIT (ITAT Bangalore) The Hon’ble Tribunal held that the DRP has not considered the plea of assessee in proper perspective. The fact that the TPO rejected the TP Study of the Assessee cannot be the basis not to consider the claim of the Assessee for inclusion of comparable companies. The […]

Can ITC for a financial year be taken beyond September of following year?

March 10, 2022 65220 Views 1 comment Print

Understanding input tax credit (ITC) deadlines in GST. Can you claim ITC beyond September of the following year? Learn more in this blog post.

SOP on extension of time limit to apply for revocation of cancellation of GST registration

March 10, 2022 30066 Views 0 comment Print

SOP on extension of time limit to apply for revocation of cancellation of GST registration

Company Registration and its annual compliances

March 10, 2022 3291 Views 0 comment Print

TYPES OF BUSINESS REGISTRATION -Sole Proprietorship Registration -Partnership Firm Registration -Limited Liability Partnership Firm -Company Registration COMPANY DEFINITION A company is essentially an artificial person—also known as corporate personhood—in that it is an entity separate from the individuals who own, manage, and support its operations. Companies are generally organized to earn a profit from business […]

Acceptance of deposits under Companies Act, 2013 – Provisions

March 10, 2022 34068 Views 1 comment Print

In this Blog author discusses Definition of deposit, Limits Applicable on deposit and Various compliances and their timelines under Companies Act, 2013 read with Companies (Acceptance of Deposits) Rules, 2014. Applicable provisions: Chapter V The Companies (Acceptance of Deposits) Rules, 2014 Chapter V Acceptance of Deposits By Companies (Sec 73 to Sec 76 A)  Definition […]

Provisions For Inter Corporate Loan under Companies Act 2013

March 10, 2022 17991 Views 0 comment Print

In this article we are going to discuss provisions of Section 186 of Companies Act 2013, under this article we are discussing about Loan and investment by company and what are the conditions to give such loans and investments.

Conditions for FDI in Broadcasting, Print Media & Civil Aviation

March 10, 2022 2313 Views 0 comment Print

SECTOR-SPECIFIC CONDITIONS ON FDI SERVICES SECTOR PART A FDI is permitted in Different Sectors like Agriculture, Mining and Petroleum & Natural Gas Manufacturing, Services Sector, Financial Services, and Other sectors such as Pharmaceuticals, etc., we will discuss sector-specific conditions specified in Services Sector. Also Read: Conditions on FDI in Construction Development, Industrial Parks & Satellites […]

RBI excludes Mapusa Urban Co-op Bank of Goa from schedule bank list

March 10, 2022 579 Views 0 comment Print

Reserve Bank of India, hereby, directs the exclusion of Mapusa Urban Co-operative Bank of Goa Ltd. from second schedule of RBI Act.

Matter already pending before a Custom officer- CAAR rejects Application

March 10, 2022 1254 Views 0 comment Print

In re Multi Channel Inc (CAAR Mumbai) It is clear from a plain reading of proviso (a) to sub-section (2) of section 28-1 of the Customs Act, 1962, that the question involved in the application is already pending in the applicant’s case before an officer of customs, the law does not allow CAAR to pronounce […]

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