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Archive: 25 July 2023

Posts in 25 July 2023

Draft Supplier Finance Arrangements – Amendments to Ind AS 7 & Ind AS 107

July 25, 2023 945 Views 0 comment Print

Accounting Standards Board has issued Exposure Draft of Supplier Finance Arrangements – Amendments to Ind AS 7 and Ind AS 107 corresponding to Amendments in IAS 12 issued by the IASB.

Draft International Tax Reform—Pillar Two Model Rules – Amendments to Ind AS 12

July 25, 2023 864 Views 0 comment Print

Accounting Standards Board has issued Exposure Draft of International Tax Reform—Pillar Two Model Rules – Amendments to Ind AS 12 corresponding to Amendments to IAS 12 issued by the IASB.

Exposure Draft: International Tax Reform – AS 22 Amendments

July 25, 2023 426 Views 0 comment Print

The Accounting Standards Board issues an Exposure Draft of International Tax Reform—Pillar Two Model Rules, proposing Amendments to AS 22 for deferred tax asset and liability recognition. Comment by August 25, 2023.

CESTAT allows re-export of imported insecticides without payment of redemption fine & penalties

July 25, 2023 546 Views 0 comment Print

CESTAT Chennai has ruled in favor of SDS Ramcides Crop Science Pvt. Ltd., allowing them to re-export the imported insecticides without payment of redemption fine and penalties.

ICSI FAQs on Unique Document Identification Number (UDIN)

July 25, 2023 5421 Views 0 comment Print

UDIN is a 17 digit system generated number which is used to verify the authenticity of documents attested / certified by a Company Secretary in Practice.

Step-by-Step Process for Surrendering Director Identification Number (DIN)

July 25, 2023 9963 Views 0 comment Print

Comprehensive guide on how to surrender a Director Identification Number (DIN) in India, according to the Companies Act & Rule 11 provisions.

Whether a person can Surrender DIN After Strike off of Company?

July 25, 2023 3786 Views 0 comment Print

Delve into the legality of surrendering a Director Identification Number (DIN) after a company strike-off. Learn about the conditions and implications involved.

Can a Person Hold Multiple Director Identification Numbers (DIN)?

July 25, 2023 4188 Views 0 comment Print

Explore whether an individual can hold more than one Director Identification Number (DIN) in India. Understand the legal provisions, consequences, and solutions.

Income Tax Return Guidelines for Assessment Year 2023-24 -Important Provisions

July 25, 2023 3450 Views 0 comment Print

Understand who must submit an income tax return for AY 2023-24, due dates, forms to use, and late fee provisions. Essential tax filing guide here

CESTAT denies Exemption of SAD on Imported Natural Rock Phosphate

July 25, 2023 606 Views 0 comment Print

CESTAT Chennai has ruled that ‘Natural Rock Phosphate’ imported goods are not considered as ‘fertilizers’ under the FCO, making them ineligible to claim exemption of SAD under the specified notification.

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