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Archive: July, 2022

Posts in July, 2022

SEZ Rule 19A. Unit deemed to be in International Financial Services Centre

July 6, 2022 1668 Views 0 comment Print

SEZ rule 19A. Unit deemed to be in International Financial Services Centre.- Any Unit authorised under rule 19 to store bullion as the underlying asset for the purpose of issuance of a bullion spot delivery contract or bullion depository receipt with underlying bullion that is traded in a bullion exchange shall be deemed to be in an International Financial Services Centre.

IBBI (Employees’ Service) (Amendment) Regulations, 2022

July 6, 2022 615 Views 0 comment Print

These regulations may be called the Insolvency and Bankruptcy Board of India (Employees’ Service) (Amendment) Regulations, 2022.

CBDT notifies ‘Uttar Pradesh Electricity Regulatory Commission’ – Section 10(46)

July 6, 2022 441 Views 0 comment Print

CBDT notifies ‘Uttar Pradesh Electricity Regulatory Commission’ under Section 10(46) of Income-tax Act, 1961 vide Notification No. 79/2022- Income Tax | Dated: 6th July, 2022. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) New Delhi Notification No. 79/2022- Income Tax | Dated: 6th July, 2022 S.O. 3105(E).—In exercise of the powers conferred […]

Draft Aircraft (Amendment) Rules, 2022

July 6, 2022 1539 Views 0 comment Print

The following draft of certain rules further to amend the Aircraft Rules, 1937, which the Central Government proposes to make in exercise of the powers conferred by section 5 of the Aircraft Act, 1934 (22 of 1934),

Section 194R- Is the Issue Resolved?

July 5, 2022 14520 Views 3 comments Print

Understand the impact of Section 194R in the Income Tax Act. Learn about the taxation of benefits/perquisites in business or a profession.

CBI Arrests two Senior Tax Assistants of Income Tax Department

July 5, 2022 3291 Views 1 comment Print

The Central Bureau of Investigation has arrested two Tax Assistants posted at Income Tax Department, Hyderabad and Visakhapatnam in a bribery of Rs. 60,000/-.

CCI Approves Acquisition of Citrix Systems, Inc.

July 5, 2022 1152 Views 0 comment Print

CCI has  approved the acquisition of Citrix Systems, Inc. (Citrix) by funds managed by Vista Equity Partners Management, LLC (Vista) and funds and investment vehicles managed by Elliott Investment Management L.P. (Elliott)

IBBI warns IP & advised to be careful & ensure full compliance of IBC, 2016

July 5, 2022 1008 Views 0 comment Print

It is observed that in accordance with the regulation 36 of the CIRP Regulations, Mr. Gupta has not mentioned the amount of claims, voting share, details of security interest, date of acquisition, cost of acquisition, remaining useful life, identification number, depreciation charged, book value, and any other relevant details related to assets, as on the […]

MIS Statements- An solution for Startup Entrepreneurs.

July 5, 2022 8772 Views 0 comment Print

Discover how MIS Statements can revolutionize the way you track and analyze your startup’s financial performance. Simplify your reporting and impress venture capitalists.

Loan From Director or Shareholders Under Companies Act

July 5, 2022 536226 Views 2 comments Print

Understanding the rules and regulations of taking a loan from directors or shareholders under Companies Act 2013.

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