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Archive: April, 2022

Posts in April, 2022

Oriental Fire and General Insurance Company Limited (Merger) Amendment Scheme, 2022

April 13, 2022 687 Views 0 comment Print

(1) This Scheme may be called the Oriental Fire and General Insurance Company Limited (Merger) Amendment Scheme, 2022. (2) It shall come into force on the date of its publication in the Official Gazette.

National Insurance Company Limited (Merger) Amendment Scheme, 2022

April 13, 2022 762 Views 0 comment Print

(1) This Scheme may be called the National Insurance Company Limited (Merger) Amendment Scheme, 2022. (2) It shall come into force on the date of its publication in the Official Gazette.

United India Fire and General Insurance Company Limited (Merger) Amendment Scheme, 2022

April 13, 2022 663 Views 0 comment Print

(1) This Scheme may be called the United India Fire and General Insurance Company Limited (Merger) Amendment Scheme, 2022. (2) It shall come into force on the date of its publication in the Official Gazette.

DGAP cannot compute profiteering amount for period not covered under investigation

April 13, 2022 1014 Views 0 comment Print

Deputy Commissioner of State Tax Vs A. J. Enterprises (NAA) NAA observe that the DGAP in his Report dated 20.08.2020 has mentioned the investigation period from 15.11.2017 to 30.09.2019 while the profiteering has been computed upto 31.10.2019 as has been shown in Annexure 25 of his Report. The DGAP vide his supplementary Report dated 24.11.2020 […]

GST Portal Updates – New Functionalities

April 12, 2022 23595 Views 0 comment Print

Stay updated with the latest GST portal functionalities. Learn about the new interest calculator in GSTR-3B and how it can assist taxpayers with self-assessment.

Obligation & Duties of Direct Selling Entities under Consumer Protection (Direct Selling) Rules, 2021

April 12, 2022 5133 Views 0 comment Print

Consumer Protection (Direct Selling) Rules, 2021 has been come into existence from 28th December, 2021. The Ministry of Consumer affairs has laid down Obligation and Duties for Direct Selling Entities and this mandate is to be followed by every Direct Selling Entities. WHAT ARE THE OBLIGATIONS OF DIRECT SELLING ENTITIES  Direct Selling Entity shall  Be […]

Filing of patents increases by more than 50% in the last 7 years

April 12, 2022 834 Views 0 comment Print

For the first time in 11 years, the number of domestic patent filing surpasses the number of international patent filing in India during Jan-Mar 2022 Shri Piyush Goyal appreciates consistent efforts made by DPIIT to strengthen the IPR regime in India The coordinated efforts by Department for Promotion of Industry and Internal Trade (DPIIT) and […]

Guidance on updating UDIN for Audit Reports submitted by CA users

April 12, 2022 39084 Views 9 comments Print

The functionality for updating UDIN against the Audit reports submitted by CA users has been enabled at e-filing portal www.incometax.gov.in. Please note that this functionality may not be used for updating UDIN for Forms submitted prior to April 2021. In this functionality only those Forms will be shown which are accepted by the Assessee. This Instruction […]

IP cannot appoint related parties to provide support services in CD: IBBI

April 12, 2022 1689 Views 0 comment Print

Under the Code, RP plays a central role in resolution process of the CD, he is appointed by the Adjudicating Authority as an officer of the Court to conduct the resolution process and it is the duty of RP to conduct CIRP with integrity and accountability in the process and to take reasonable care and […]

Updated Return under Income Tax Act

April 12, 2022 14313 Views 1 comment Print

Learn about the updated provision of filing an income tax return under the Income Tax Act. Find out how to file an updated return within two years from the end of the assessment year.

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