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Archive: 16 March 2022

Posts in 16 March 2022

General Questions That Arises Before Starting A Business or Industry

March 16, 2022 1524 Views 1 comment Print

Getting the right advice at the right time is absolutely vital to business success. Starting a business involves consideration of various factors such as type of business entity to be set up, how and where to set-up, registrations & approvals required, post set -up activities to be undertaken  and such other factors. Since it is […]

Carriage by Road Rules, 2011 (a Gist)

March 16, 2022 2937 Views 0 comment Print

Notes on Carriage by Road Rules, 2011 Application to be made in Form-1 for grant/renewal of certificate of registration (COR) in triplicate to registering authority along with fees Conditions for GRANT of registration:- 1. Produce registration certificate of 2 commercial vehicles in organisation’s /director’s name or contract letter/work order for carrying out functions as common […]

Corporate Debtor incorporated outside India can file CIRP Application

March 16, 2022 2634 Views 0 comment Print

A person falling under definition of Corporate Debtor as defined under provisions of IBC, 2016, whether incorporated in India or outside India has right to file CIRP Application under provisions of Section 9 of the IBC,2016 in India.

Yes Bank employees covered as DPs & their immediate relatives may invest in units of AIF

March 16, 2022 951 Views 0 comment Print

Regulation 9(1) of PIT Regulations states that the board of directors of every listed company and of intermediary shall ensure that the chief executive officer or managing director shall formulate a code of conduct to regulate, monitor and report trading by its DPs and immediate relatives of DPs towards achieving compliance with PIT Regulations, adopting […]

SEBI (Alternative Investment Funds) (Second Amendment) Regulations, 2022

March 16, 2022 1920 Views 0 comment Print

These Regulations may be called the Securities and Exchange Board of India (Alternative Investment Funds) (Second Amendment) Regulations, 2022. They shall come into force on the date of their publication in the Official Gazette.

CAIT suggests Formation of Municipal Corporation in Delhi as in Mumbai

March 16, 2022 612 Views 0 comment Print

We appreciate the step of the Union Government to unified three Municipal Corporations in Delhi into one single body which will certainly provide effective civic services in Delhi under the current scenario and also for future development of Delhi in a most responsible and structured way.

Notification No. 3/2022-Customs (N.T./CAA/DRI), Dated: 16.03.2022

March 16, 2022 762 Views 0 comment Print

Notification No. 3/2022-Customs (N.T./CAA/DRI), Dated: 16.03.2022 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) (Directorate of Revenue Intelligence) New Delhi, the 16th March, 2022 Notification No. 3/2022-Customs (N.T./CAA/DRI) S.O. 1205(E).—In pursuance of notification No. 60/2015-Customs (N.T.), published vide number G.S.R. 453(E), dated 4thJune 2015 in Gazette of India, Extra-ordinary, Part-II, […]

Stop discriminate selling of medicines by e-commerce companies: CAIT

March 16, 2022 1299 Views 0 comment Print

It is aptly clear that the intent of the Government of India in DC Act and DC Rules is simple — that the manufacture, import, sale and distribution of drugs must be done with due diligence and under the watchful eye of the law so that the health and safety of the consumer is paramount and is protected at all costs.

Request for extension of Time Barring Date for Faceless Assessment

March 16, 2022 7305 Views 0 comment Print

Income Tax Gazetted Officers Association has made a request to Honourable Finance Minister for extension of the Time Barring Date for certain proceedings exercising the power vested in the GOI Income Tax Gazetted Officers Association President ARAVIND TRIVEDI (7599101090) Secretary General BHASKAR BHATTACHARYA (8902198888) Date: 10.03.2022. To The Honourable Finance Minister, Government of […]

Mere digitally signing the notice is not the issuance of notice

March 16, 2022 5388 Views 2 comments Print

Daujee Abhushan Bhandar Pvt. Ltd Vs Union of India (Allahabad High Court) Considering the provisions of Section 282 and 282 A of the Act, 1961 and the provisions of Section 13 of the Act, 2000 and meaning of the word “issue” we find that firstly notice shall be signed by the assessing authority and then […]

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March 2022