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Archive: January, 2023

Posts in January, 2023

Convertible Notes

January 20, 2023 13605 Views 0 comment Print

Convertible Notes is a type of financial instrument which contains an option of conversion into equity on a future date.

You can file your income tax return under ITR U

January 20, 2023 4329 Views 4 comments Print

Taxpayers who have not yet filed their income tax returns for 2022 and 2023 can still file their income tax returns under ITR U. In addition to this, the income tax returns of the taxpayers for the assessment year 2020-2021 and 2021-2022 can also be filed through ITR-U.

Companies (Registration Offices and Fees) Amendment Rules, 2023

January 20, 2023 4287 Views 0 comment Print

Companies (Registration Offices and Fees) Amendment Rules, 2023 shall come into force with effect from 23rd January, 2023.

FSSAI (Financial) Regulations, 2023

January 20, 2023 1818 Views 0 comment Print

Food Safety and Standards Authority of India (Financial) Regulations, 2023 shall come into force on 20th January, 2023

Section 143-A of Negotiable Instrument Act, 1881

January 20, 2023 25452 Views 0 comment Print

As per section 143-A of Negotiable Instrument Act, the court trying an offense under section 138 may order the drawer of the cheque to pay interim compensation to the complainant even where the accused is denying its liability or pleading not guilty to the accusation of the complainant which shall not be exceeding 20% of the amount of the cheque payable within 60 days.

Arbitration is an alternative but whether it is equally efficacious or not?

January 20, 2023 1206 Views 0 comment Print

Even before the law was codified there was an old tradition to settle the disputes amicably through arbitration and in order to make it easier and more systematic, the Arbitration Act, 1940 was enacted by Act No.10 of 1940 on 11.03.1940 to consolidate and amend the law relating to arbitration.

Districts as Export Hubs

January 20, 2023 3228 Views 0 comment Print

India is known as a Land of Rich Diversities in the world. It’s Geographical & Demographical uniqueness in Cultures, Language and Surroundings, Environment and Diverse Agro-climatic Zones bears  a Rich Source of Resources, Artistic Works, Crafts, Crops and Variety of Foods and other Products.

Analysis of Section 269SS, 269ST & 269T of Income Tax Act, 1961

January 20, 2023 45921 Views 0 comment Print

Learn about Sec 269SS, 269ST & 269T of the Income Tax Act & how they affect businesses. Analysis of these sections & their importance for maintaining business success.

GST on designing and development of tools for the overseas OEMs/Machinist

January 20, 2023 4545 Views 1 comment Print

In re Precision Camshafts Limited (GST AAAR Maharashtra) The moot issues before us are as to whether activity of appellant is an intermediary service as held by the MAAR or as contended by the appellant, an activity of design and development of patterns/tools used for manufacturing of camshafts, for a overseas customer is a composite […]

Security/ bank guarantee necessary for provisional release of confiscated goods before adjudication

January 20, 2023 3015 Views 0 comment Print

Whether the submission of bank guarantee for provisional release can be completely waived off if differential duty has been paid?

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