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Archive: May, 2022

Posts in May, 2022

Some Significant Cases Related To Deemed Dividends

May 25, 2022 7461 Views 0 comment Print

Understand the tax implications of bonus shares in deemed dividends. Explore the case of PCIT vs. Dr. Ranjan Pai and its impact on shareholders.

Provisions of Inspection, Search, Seizure & Arrest under GST

May 25, 2022 43758 Views 0 comment Print

Understand the provisions of inspection, search, seizure & arrest under GST. Learn about the changes and amendments in the GST Act,2017.

Committee of Creditors cannot consider another Fresh Resolution Plan once a Resolution Plan Approved

May 25, 2022 6480 Views 0 comment Print

NCLAT held that a fresh resolution plan cannot be considered by committee of creditors of AMW Autocomponent Limited (CoC).

‘Deinon’ guilty of acting as insurance intermediary without Registration: IRDAI

May 25, 2022 2229 Views 0 comment Print

Deinon, by acting in the capacity of insurance intermediary by offering and transacting such services, without having a registration from the Authority is in violation section 42D(8) of the Act.

Amendment in import policy of Paper

May 25, 2022 9153 Views 0 comment Print

Import of Paper brought under Compulsory Registration from 1st October Import policy of Specific tariff lines under Chapter 48 of ITC(HS) 2022 as given at Annexure -I to this Notification is revised from ‘Free’ to ‘Free subject to compulsory registration under Paper Import Monitoring System (PIMS)’. Move addresses dumping concerns of domestic paper industry and […]

Guidelines for processing request for issuance of duplicate securities

May 25, 2022 9834 Views 0 comment Print

Securities and Exchange Board of India Circular No. SEBI/HO/MIRSD/MIRSD_RTAMB/P/CIR/2022/70 | Dated: May 25, 2022 To All Registered Registrars to an Issue and Share Transfer Agents (RTAs) All Recognized Stock Exchanges All Listed Companies through Recognized Stock Exchanges All Investors’ Associations Dear Sir / Madam, Subject: Simplification of procedure and standardization of formats of documents for issuance of […]

Guidelines on import of gold by Qualified Jewellers as notified by IFSCA

May 25, 2022 3201 Views 0 comment Print

AD banks may allow Qualified Jewellers to remit advance payments for eleven days for import of Gold through IIBX in compliance to the extant Foreign Trade Policy and regulations issued under IFSC Act.

Govt to share details of Commercial Rent/Lease Deed to curb evasion of GST

May 25, 2022 2478 Views 0 comment Print

Haryana Revenue Department to share data of Commercial Rent/Lease Deed with Haryana Excise and Taxation Department to curb evasion of GST

Setting up Portfolio Management Services (PMS) in GIFT SEZ IFSC

May 25, 2022 6012 Views 0 comment Print

Learn how to set up Portfolio Management Services (PMS) in GIFT SEZ IFSC, the only operational green smart city in India.

HC set-asides faceless assessment order passed without granting hearing opportunity

May 25, 2022 5403 Views 0 comment Print

Cisco Systems Services B.V. – India Branch Vs DCIT (ITAT Bangalore) In the present case, the Ld.AO passed the draft assessment order u/s. 143(3) r.w.s. 144C (13) of the Act on 23.03.2016 which is accompanied with demand notice issued u/s. 156 of the Act dated 23.03.2016. It is also noticed that in the draft assessment […]

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