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Archive: 11 April 2022

Posts in 11 April 2022

Svamitva Yojana

April 11, 2022 4674 Views 0 comment Print

Svamitva is an abbreviated form of ‘Survey of Villages Abadi and Mapping with Improvised Technology in Village Area’. Svamitva Yojana was launched by the Prime Minister of India, Shri Narendra Modi, on National Panchayat Day in the year 2020 i.e., on 24th April 2020. It is a central- sector scheme that promotes socio-economic empowerment developing […]

SEBI (Debenture Trustees) (Amendment) Regulations, 2022

April 11, 2022 2148 Views 0 comment Print

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

Compliance Function & Role of Chief Compliance Officer (CCO) – NBFCs

April 11, 2022 5097 Views 0 comment Print

As part of the overall structure for Corporate Governance, Compliance Function serves a critical role. Accordingly, it has been decided to introduce certain principles, standards and procedures for Compliance Function in NBFC-UL and NBFC-ML, keeping in view the principles of proportionality.

GST AAR Telangana allows Swan Environmental Private Limited to withdraw application

April 11, 2022 702 Views 0 comment Print

In re Swan Environmental Private Limited (GST AAR Telangana) In the reference 1st cited, M/s. Swan Environmental Private Limited, Hyderabad, (36AADCS4126R1ZW) has sought certain clarification by filing an application for Advance Ruling. The Case was posted for personal hearing on 05.01.2022 ,10.03.2022.& 24.03.2022. However, in the reference 9th cited, M/s. Swan Environmental Private Limited, Hyderabad, […]

GST on supply of supply of fortified rice to different Rice Millers

April 11, 2022 4413 Views 0 comment Print

In re AS Bharat Refinery (India) Private Limited (GST AAR Uttarakhand) AAR observed that the designated Rice Millers have been requisitioned for supply of the fortified rice and the applicant has neither been supplying the said goods for free distribution to the economically weaker sections of the society under a programme duly approved by the […]

Insider Trading Compliances checklist

April 11, 2022 13236 Views 0 comment Print

Stay compliant with insider trading regulations. Learn about the checklist for listed entities under SEBI (Prohibition of Insider Trading) Regulations.

Key Changes in Income Tax Returns (ITRs) for AY 2022-23

April 11, 2022 78831 Views 3 comments Print

Discover the key changes in income tax returns (ITRs) for AY 2022-23. Stay updated with the latest amendments and understand the impact on your taxes.

Proposed Amendments in CGST Act 2017

April 11, 2022 3156 Views 0 comment Print

Amendments in GST Acts ♦ Certain changes have been proposed in the CGST Act through Finance Bill, 2022 based on the recommendations made by the GST Council. ♦ The Amendments pertaining to GST law are mainly in Clause 99 to 113 of the Finance Bill, 2022, which will come into effect from a date to […]

One person arrested for bogus ITC claim from fake bills of Rs.102 Crores

April 11, 2022 1773 Views 0 comment Print

Maharashtra State GST department arrested one person for bogus ITC claim worth Rs.14 crore from fake bills of around Rs.102 crore. The department has also been able to get revenue of Rs. 8 Crore from the suppliers linked to M/s. Cermix.

HC directs I-T department to pay interest on refund as per Section 244A

April 11, 2022 3876 Views 0 comment Print

Ingenico International India Pvt. Ltd. Vs JCIT (Delhi High Court) By way of the present petition, Petitioner is seeking a direction to the Respondents to issue interest of Rs.53,92,420/- for the Assessment Year 2018-19 (Rs. 51,11,299/- upto May, 2021 and Rs.2,81,121/- as additional amount). Learned counsel for the Petitioner states that this Court vide order […]

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