If you are running a Nidhi Company or planning to open a Nidhi Company and not sure about the NDH-4 will get approval or not and already frustrated with the amount of compliance you face, we have some good news for you. The government of India after certain recommendations from committee formed for Nidhi Company […]
PAN-AADHAR LINKING At present in India, PAN Card & Aadhar Card has become the necessity of every person. Aadhar is a unique number linked to the biometrics of a resident individual and therefore no individual can have a dual aadhar. It avoids fake identities and help to maintain a correct & genuine database of the […]
Batra Enterprises Vs ACIT (ITAT Delhi) The facts relating to the ground are that during the course of assessment proceedings the Assessing Officer noticed that the assessee had made payment of Rs. 2,74,846/- being commission paid to Shri Ishan Batra. In response to the query of the Assessing Officer, the assessee had stated that Shri […]
The Ministry of Corporate Affairs vide Nidhi (Amendment) Rules, 2022, dated 19th April, 2022, introduced substantial amendments in terms of Nidhi Rules, 2014. The Nidhi (Amendment) Rules, 2022 has been explained in a very effortless simple terms as under. The following clause in Rule 3A of the said rules, after the third proviso, the following […]
Atal Pension Yojana total enrolments crossed 4 crore – More than 99 lakh APY accounts enrolled during FY 2021-22 The total enrollments under APY Scheme have crossed 4.01 crore as on March 2022 out of which more than 99 lakh APY accounts were opened during FY 2021-22. The scheme had seen this tremendous success due to […]
In order to facilitate trade and extend more proactive helpdesk support to the exporting community, it is informed that the services of DGFT Helpdesk will now be available on a 24×7 basis.
ICAI removes name of A Chartered Accountant based at Bangalore with (M.No. 209581 from the Register of Members for a period of one month after finding him guilty of ‘Other Misconduct’ falling within the meaning of Section 22 read with Section 21 of the Chartered Accountants Act, 1949. THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA […]
Central Government with a view to increase production of ethanol and its supply under Ethanol Blended with Petrol (EBP) Programme, especially in the surplus season and thereby to improve the liquidity position of the sugar mills enabling them to clear cane price arrears of the farmers notified the scheme namely ―Scheme for extending financial assistance to sugar mills for enhancement and augmentation of ethanol production capacity
Vide Notification No. 44/2022-Income Tax, Dated: 22.04.2022 CBDT designates Court in the State of Madhya Pradesh as the Special Court for the purposes of section 280A(1) of Income-tax Act, 1961 and section 84 of Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015. MINISTRY OF FINANCE (Department of Revenue) [CENTRAL BOARD OF […]
Vide Notification No. 43/2022-Income Tax, Dated: 22.04.2022 CBDT designates Court in the State of Andhra Pradesh as the Special Court for the purposes of section 280A(1) of Income-tax Act, 1961 and section 84 of Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015. MINISTRY OF FINANCE (Department of Revenue) [CENTRAL BOARD […]
