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Archive: 29 March 2023

Posts in 29 March 2023

Postmortem of Union Budget 2024: A Comprehensive Webinar

July 18, 2024 5115 Views 3 comments Print

Join our webinar on July 24-25 for an in-depth analysis of Union Budget 2024. Learn about tax proposals, sector impacts, and investment insights. Register now!

Live Course on 360 degree Analysis of Input Tax Credit from a Litigation Perspective

July 18, 2024 4395 Views 0 comment Print

Join CA Sachin Jain for a live course on Input Tax Credit from a litigation perspective. Gain practical insights and master ITC complexities. Register now!

Separate registration in respect of First time import & export at JNCH

March 29, 2023 3999 Views 0 comment Print

Once registration is completed by an IEC holder for, first time import, Customs Officers will not insist upon registration for export from same IEC holder if it undertakes export for first time.

Procedure for filling of application in Form No. 15C or Form No. 15D

March 29, 2023 11925 Views 0 comment Print

Procedure, format and standards for filling an application in Form No. 15C or Form No. 15D for grant of certificate for no-deduction of income-tax under section 195(3) of Income Tax Act, 1961 through TRACES

Common issues/concerns/ technical glitches on MCA- 21 V3 Portal

March 29, 2023 46101 Views 4 comments Print

Common issues/concerns/ technical glitches that are being faced by stakeholders while filing forms as required under the Companies Act, 2013

IBC CIRP withdrawal application cannot be kept pending for constitution of CoC: SC

March 29, 2023 1815 Views 0 comment Print

Section 12A of IBC permits withdrawal of applications admitted under sections 7, 9 and 10 of IBC. It permits withdrawal of such applications with approval of 90 percent voting share of CoC in such manner as may be specified.

SOP under SEBI (PIT) Regulations, 2015 for ensuring compliance with SDD

March 29, 2023 6837 Views 0 comment Print

Bombay Stock Exchange Notice No. 20230329-20 Notice Date: 29 Mar 2023 Category: Circulars Listed Companies Segment: Debt Subject: Standard Operating Process under SEBI(PIT) Regulations, 2015 for ensuring compliance with Structured Digital Database (“SDD”) To All Listed Entities This is with reference to Regulation 3(5) and 3(6) of SEBI (PIT) Regulations, 2015 which inter alia required […]

Review of time limit for disclosure of NAV of Mutual fund schemes investing overseas

March 29, 2023 816 Views 0 comment Print

Difficulties being faced in calculation of NAV for schemes investing overseas due to differences in time zones and market hours, partial modification with regard to timelines for declaration of NAV is prescribed depending on investment objective and asset allocation of schemes

Cyber Security and Cyber Resilience framework for Portfolio Managers

March 29, 2023 951 Views 0 comment Print

With rapid technological advancement in the securities market, there is a greater need for maintaining robust cyber security and to have a cyber-resilience framework to protect the integrity of data and guard against breaches of privacy.

ICSI requests MCA to relax levy of additional fees on 45 forms till 30.06.2023

March 29, 2023 4503 Views 0 comment Print

ICSI requests relaxation in the levy of additional fee for filing of 45 forms which are due for filing between 07.02.2023 and 30.06.2023 till June 30, 2023 and for allowing filing of such 6 Forms namely Form GNL-2, MGT-14, PAS-3, SH-8, SH-9, SH-11, in physical mode till June 30, 2023.

Credit Suisse : The Next bank to fall?

March 29, 2023 7893 Views 0 comment Print

All of us might remember the Financial Crisis of 2008 which begin with cheap credit and lax lending standards that fueled a housing bubble. When the bubble burst, the banks were left holding trillions of dollars of worthless investments in subprime mortgages. The Great Recession that followed cost many their jobs, their savings, and their homes.

Sugarcane juice classifiable under tariff item 20098990 & 12% GST applicable

March 29, 2023 3960 Views 0 comment Print

In re Gobind Sugar Mills Limited (GST AAR Uttar Pradesh) Question 1. Classification of Sugar Cane Juice. Answer: Sugarcane juice is classifiable under chapter 20 and tariff item 20098990. Question 2. Rate of GST applicable on sale of Sugarcane Juice. Answer: Sugarcane Juice is taxable at a rate of 6% CGST & 6% SGST or […]

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