Following consignments of broken rice will be allowed to be exported: i. where loading of broken rice on the ship has commenced before this Notification,
IFSCA Issues Guidelines and Application Form for IFSCA FinTech Incentive Scheme, 2022 The International Financial Services Centres Authority (Authority or IFSCA), with an overall objective to promote the establishment of a world-class FinTech Hub, at GIFT International Financial Services Centre (IFSC) in India, launched the IFSCA (FinTech Incentive) Scheme for providing financial support to FinTech […]
If the sales / turnover / Gross receipts is less than or equal to 1 crore and he/she is not showing profit as per section (1) of section 44AD and is less than 8% of the sales, then he/she is not required to get his/her accounts audited as per section 44AB(a)
Penalty charged for mere expiration of e-way bill by few hours not leviable as it not amount to tax evasion, fraudulent intent or gross negligence
Sudhir Kumar Tiwari Vs ITO (ITAT Allahabad) It is apparent that the Assessing Officer initially initiated the scrutiny proceedings to examine the cash deposit of Rs. 18,00,000/- during the demonetization period. However, on verification of the bank account as well as the reply of the assessee as well as bank, the Assessing Officer found that […]
Think and Learn Private Limited Vs PCIT (ITAT Bangalore) Conclusion: An assessment order passed by an Assessing Officer, deciding on an issue pending before the AAR, in contravention of the mandate laid down in Section 245R(2)(i) of the Income Tax Act, 1961, would not make the entire assessment order void. Held: PCIT, under section 263 […]
In present facts of the case, the Hon’ble High Court observed that in no manner under Commercial Courts Act, the Jurisdiction of the High Court under Section 11 has been either disturbed or divested in matters of appointment of an arbitral tribunal as provided for under section 11 of the Arbitration and Conciliation Act, 1996
Key Companies Act, 2013 provisions for website disclosure by Public Unlisted Companies outlined. Explore requirements, including contact details, change of objects, notice of meetings, voting mechanisms, deposit circulars, subsidiary audit accounts, postal ballot details, unpaid dividend statements, CSR policies, vigil mechanisms, and more. Stay compliant and informed with the comprehensive list of disclosures for public unlisted companies under the Companies Act, 2013.
Whether the company is maintaining proper records showing full particulars, including quantitative details and situation of Property, Plant and Equipment.
Explore the IMFs World Economic Outlook for July 2022, revealing a challenging global economic landscape. Uncover key insights into the economic slowdown, inflation concerns, and the impact on various regions. Delve into IMF’s projections, prescriptions, and SDR allocations, shedding light on India’s economic performance amidst the COVID-19 aftermath. Discover how nations are grappling with declining GDP, rising bond yields, and equity market fluctuations. Gain valuable perspectives on India’s efforts, including vaccination drives and financial assistance, as it navigates through these unprecedented times.
