Master Circular for Infrastructure Investment Trusts (InvITs) is a compilation of relevant circulars issued by SEBI up to March 31, 2022 which are operational as on date of this circular. Circulars providing temporary relaxations with regards to certain compliance requirements for InvITs in the wake of the COVID-19 pandemic have not been ...

Slowly and steadily after a long gap, several countries have opened their door for foreign tourist. Last two years have been worse hit for travelling both domestic & international whether for fun or for business and education etc. But now since this restriction is almost over so for those who intend to pack their bags […]...

Income tax emBridge Utility ‘Stopped‘ Status Resolution: Reason for change in status of emBridge Utility: Restart of System; Windows Update; Change in Login Profile; In case the status of emBridge utility is “Stopped”, you will not be allowed to sign the forms online on the Income tax Portal. It will give you a message as ...

Sustainability linked lending incentivizes the borrowers’ sustainability performance by linking the interest margin to the improvement of the companies’ ESG score or to the improvement on tailored/predefined sustainability Key Performance Indicators (KPI) as measured by predefined Sustainability Performance Targets (SPTs)....

For assessment year 2021-22, an assessee had the following items of capital gains: Long Term Capital Gains(LTCG) B4e – On redemption of Tax free bonds @10%  – Net gains B10e – On redemption of other debt mutual funds @20% after indexation – Net gains B5c – On Sale of Equity Shares @10% – Net loss(or [&hell...

The value of leasehold interest in land is to be included in assets while determining the fair market value of the shares held and owned by the shareholders as on 01.04.1981...

Preference shares, more commonly referred to as preferred stock, are shares of a company’s stock with dividends that are paid out to shareholders before common stock dividends are issued. If the company enters bankruptcy, preferred stockholders are entitled to be paid from company assets before common stockholders. Most preference share...

In re Gecko Motors Pvt. Ltd. (CAAR Delhi) CAAR Gone through the request for withdrawal of the application for advance ruling dated 20.04.2022. It is pertinent to mention here that upon amendment to the Section 28 H (4) of the Customs Act 1962 by the Finance Act 2022, the stated Sub-Section reads as: An applicant […]...

Article explains What is XBRL, Does XBRL cause a change in accounting standards, Is India a member of XBRL International, Applicability of XBRL filing, Documents required for XBRL for MCA with FAQs. Introduction of What is XBRL?: XBRL is a language for the electronic communication of business and financial data which is revolutionizing bu...

In re Syrotech Networks Private Ltd. (CAAR Delhi) CAAR gone through the request for withdrawal of the application for advance ruling dated 20.04.2022. It is pertinent to mention here that upon amendment to the Section 28 H (4) of the Customs Act 1962 by the Finance Act 2022, the stated Sub-Section reads as: ‘An applicant […]...