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Archive: 11 April 2022

Posts in 11 April 2022

Live Course on Appeal, Pleading & Drafting under GST by CA Sachin Jain

May 15, 2024 6699 Views 0 comment Print

oin us for an immersive live course led by renowned expert CA Sachin Jain, as we delve into the intricacies of appeal, pleading, and drafting under GST.

Weekly newsletter from Chairman, CBIC dated 11.04.2022

April 11, 2022 1098 Views 0 comment Print

Last week also saw Delhi Airport Customs seize 5.85 kg of Cocaine and 18 kg Heroin, in two separate cases. These are the latest in the string of recent cases of seizures of narcotics at the Delhi Airport. In the past six months alone, Delhi Airport Customs has seized more than 50 kg of Heroin and more than 12 kg of Cocaine at the Indira Gandhi International Airport. Kudos to the officers for a job well done!

Re-operationalisation of the Scrip Transfer Recording Module on DGFT

April 11, 2022 2439 Views 0 comment Print

The original duty scrip holder is required to register the duty credit scrip at the Port of Registration with Customs and the ‘transfer’ of scrips from one IEC to another IEC will be as per the negotiated terms & conditions between the buyer and the seller. DGFT/Customs shall not be responsible for any lapse between the transferor or the transferee (old or new owner of the scrips) or any dispute in this regard.

SEBI (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2022

April 11, 2022 2736 Views 0 comment Print

1. These regulations may be called the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2022. 2. They shall come into force on the date of their publication in the Official Gazette.

RBI Increases Market Trading Hours

April 11, 2022 1881 Views 0 comment Print

The trading hours for various markets regulated by the Reserve Bank were amended with effect from April 7, 2020 in view of the operational dislocations and elevated levels of health risks posed by COVID-19. Subsequently, with abatement of operational constraints, the trading hours were partially restored with effect from November 9, 2020.

SEBI (Issue and Listing of Non-Convertible Securities) (Amendment) Regulations, 2022

April 11, 2022 2460 Views 0 comment Print

The issuer shall ensure that the secured debt securities are secured by hundred percent security cover or higher security cover as per the terms of the offer document and/or Debenture Trust Deed, sufficient to discharge the principal amount and the interest thereon at all times for the issued debt securities.

Section 10(46): CBDT notifies Rajasthan Electricity Regulatory Commission

April 11, 2022 627 Views 0 comment Print

CBDT notifies Rajasthan Electricity Regulatory Commission under section 10(46) of Income Tax Act vide Notification No. 30/2022-Income Tax Dated: 11th April, 2022. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) New Delhi Notification No. 30/2022-Income Tax | Dated: 11th April, 2022 S.O. 1769(E).—In exercise of the powers conferred by clause (46) of […]

CBDT notifies Somnath Temple as place of historic importance for Section 80G

April 11, 2022 1941 Views 0 comment Print

CBDT notifies Somnath Temple as place of historic importance and a place of public worship of renown under section 80G  of  Income-tax Act, 1961  vide Notification No. 29/2022-Income Tax Dated: 11th April, 2022. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) New Delhi Notification No. 29/2022-Income Tax | Dated: 11th April, 2022 […]

MCA writes CMA institute for Lack of compliances by its members in Company/LLP incorporation

April 11, 2022 25818 Views 0 comment Print

It has been brought to the notice of the Ministry that the various instances have been observed where it has been found that practicing members of your Institute are not carrying out due diligence and verification of documents while incorporating a company or a LLP.

Now Agriculture Income Under Strict Scrutiny

April 11, 2022 21930 Views 1 comment Print

CAG (Comptroller and Auditor General of India) has prepared a report on Assessments Relating to Agriculture Income which was presented in the 49th report of the Public Accounts Committee which clearly stated that the rich farmers whose agriculture income exceeds Rs 10 lakh per year limit, will face stricter scrutiny of agricultural income.

Conditions & Restrictions on ITC specified in Notification No. 11/2017 CT(R)

April 11, 2022 4923 Views 0 comment Print

Discover the conditions and restrictions on ITC specified in Notification No. 11/2017 CT(R). Understand how it impacts various services and their GST rates.

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