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Archive: September, 2022

Posts in September, 2022

Reconstitution of Committee to Review IRDAI’s Information & Security Guidelines

September 6, 2022 867 Views 0 comment Print

IRDAI Reconstitutes  Committee to Review IRDAI’s Information & Security Guidelines vide Order No. IRDAI/GA & HR/ORD/MISC/186/09/2022 | Date: 06th Sep, 2022 INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA Order No. IRDAI/GA & HR/ORD/MISC/186/09/2022 | Date: 06th Sep, 2022 RECONSTITUTION OF COMMITTEE TO REVIEW IRDAI’S INFORMATION & SECURITY GUIDELINES Reference is drawn to IRDAI’s order ref: IRDA/IT/ORD/MISC/034/02/2021 dated […]

GST on service to non-chest branches is to be charged separately: RBI

September 6, 2022 1122 Views 0 comment Print

Applicability of GST on the service charges levied on cash deposited by non-chest bank branches to the Currency Chests.

Revenue cannot be restrained from collecting GST when Adverse Order sustains

September 6, 2022 912 Views 0 comment Print

An order has passed holding the issue adverse to interests of petitioner. So, prayer of petitioner for a mandamus forbearing respondents from levying, collecting or recovering GST does not arise.

Ultimate use of imported goods cannot be criteria for deciding valuation

September 6, 2022 921 Views 0 comment Print

Ultimate use of imported goods cannot be criteria for valuation. Every business man is free to adopt his own way of conducting business

Payment from electronic cash ledger under GST for SVLDRS allowed: HC

September 6, 2022 1107 Views 0 comment Print

Payment made by electronic cash ledger maintained by petitioner under CGST Act also amounts to payment through internet banking for SVLDRS: HC

Company penalised for not mentioning registered office address, CIN & email address on letterhead  

September 6, 2022 1695 Views 0 comment Print

Non-­compliance of provisions of section 12(3)(c) of Companies Act, 2013 by not stating registered office address, CIN and email address on letterhead of Company

Gist of Private Placement- Section 42 of Companies Act, 2013

September 6, 2022 3828 Views 0 comment Print

Unlock the essentials of Private Placement under Section 42 of Companies Act, 2013. Explore meanings, key points on subscription, allotment, and compliance. Stay informed about forms, limits, and shareholder approvals for a seamless process.

Basic concept of Allocation of fund under GST and refund in case of Inverted structures

September 6, 2022 1950 Views 0 comment Print

Understand the basics of fund allocation and refund in GST for inverted structures. Learn how funds are distributed based on consumption.

Section 148 Reassessment notice after due application of mind is valid

September 6, 2022 2616 Views 0 comment Print

Shrikant Phulchand Bhakkad Vs JCIT (Bombay High Court) It was seen that the issue under consideration of the office had not been examined by the assessing officer while passing the assessment order. The transactions entered into by the assessee were non genuine and were carried out with a view to avoid paying tax. The assessee […]

Applicability of RTI Act to Govt Aided Educational Institutions run by societies – HC directs Commission to decide

September 5, 2022 3129 Views 0 comment Print

Whether the societies and the educational institutions (aided) run by the societies are subject to Right to Information Act, 2005?

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