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Archive: 23 September 2022

Posts in 23 September 2022

Empanelment of Chartered Accountant as special Income Tax Auditor

September 23, 2022 10449 Views 0 comment Print

The Pr. Chief Commissioner of Income-tax, NWR, Chandigarh invites applications from Chartered Accountants for empanelment as Special Auditors for the period 01.01 .2023 to 31.12.2024 Govt. of India Office of the Pr.Chief Commissioner of Income Tax, N.W. Region, Aayakar Bhawan, Sector-17 E, Chandigarh Telefax: 0172-2544252  e-mail : chandigarh.dcit.hq.iudicialRincometax.gov.in PUBLIC NOTICE The Pr. Chief Commissioner of […]

CA Firms mandated to assess their current level of maturity model using AQMM

September 23, 2022 1680 Views 0 comment Print

ICAI) has mandated CA firms to undertake audit quality maturity evaluation through AQMM rev v1.0 w.e.f. 1st of April 2023.

Fact Sheet on Amendment in India’s export policy on Rice

September 23, 2022 579 Views 0 comment Print

Recent changes in India’s rice-export rules have helped keep a check on domestic prices without reducing the availability for exports. The changes have been done keeping in mind the need to support the ethanol-blending programme that saves costly oil imports and to help the animal husbandry and poultry sectors by reducing the cost of animal […]

ED attached assets worth Rs. 2747.69 Crore in ABG Shipyard Limited case

September 23, 2022 750 Views 0 comment Print

Directorate of Enforcement (ED) has attached assets worth Rs. 2747.69 Crore in ABG Shipyard Limited case Press Release 22.09.2022 Directorate of Enforcement (ED) has attached assets worth Rs. 2747.69 Crore in ABG Shipyard Limited case. The attached assets include Shipyard at Surat and Dahej located in Gujarat, agricultural lands and plots, various commercial and residential premises […]

GST Registration: Not issuing notice for physical verification amounts to violation of principle of natural justice

September 23, 2022 3417 Views 0 comment Print

High Court held that non supply of notice for physical inspection during the search proceeding, before issuing an order, will be termed as violation of principle of natural justice.

Concept of Buy-Back of Shares under SEBI Regulations & Companies Act, 2013

September 23, 2022 3888 Views 0 comment Print

Buy-back of shares means purchase of its own shares by a company. When shares are bought back by a company, they have to be cancelled by the company. Thus, shares buy-back results in decrease in share capital of the company. A company cannot buy its own shares for the purpose of investment.

GST on operation & maintenance of Municipal Wet Waste processing facility

September 23, 2022 2523 Views 0 comment Print

In re Simoco Telecommunications (South Asia) Limited (GST AAR West Bengal) Classification and rate of tax of supply to be provided by the applicant to State Urban Development Agency for Municipal Wet Waste processing facility along with operation & maintenance under Swachh Bharat Mission/Mission Nirmal Bangla. Supply of services to be provided by the applicant […]

IBBI suspends registration of Insolvency Professional for repeated contraventions

September 23, 2022 1608 Views 0 comment Print

IBBI Disciplinary Committee is aware of the previous orders dated 22.07.2021 and 26.05.2022 and the present order being the third in row, it appears that Mr. Manish Kumar Gupta is a habitual offender and has not learnt from mistakes committed and penalty imposed. In this matter too, as recorded above, on several counts, the contraventions […]

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