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.
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 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 […]
Representation to extend the due date of filing of Audit reports under Income Tax Act, 1961, from 30th September, 2022 to 31st October, 2022. Please Read: CBDT extends due date for filing various Income Tax Audit reports ALL INDIA FEDERATION OF TAX PRACTITIONERS Dated: September 19,2022 To, 1. Smt. Nirmala Sitharaman Ji, The Honorable Union […]
It has been decided that, InvITs may issue listed commercial papers subject to the following: InvITs shall abide by the guidelines prescribed by Reserve Bank of India for issuances of commercial papers.
n terms of Reserve Bank Commercial Paper Directions, 2017 dated August 10,2022 Real Estate Investment Trust (REIT) having net worth of INR 100 Crore or higher are eligible to issue commercial paper.
Technical Guide on Audit of Charitable Institutions under Section 12A of Income-tax Act, 1961 provides guidance on audit of Public Charitable Institutions
Understand the appeal and revision process under GST. Learn about the difference between revision and review and the role of the commissioner in these proceedings.
There is always a narrative going on, a trend. Even in financial markets, there is a pattern that goes on for a time duration. Based on that pattern, the narration is taken into technical aspects and presented in different formats like charts and candlesticks.
Online submission of Maternity Claim has been deployed. The I.W. whose UAN number has been seeded in the system, can claim for Maternity Benefit through IP Portal.
