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Archive: 13 October 2023

Posts in 13 October 2023

Decoding SEBI’s Informal Guidance: Applicability of Contra Trade restrictions

October 13, 2023 999 Views 0 comment Print

Explore SEBI’s insights on contra trades involving warrant conversion. Understand rules for equity shares sale and acquire valuable guidance under the Informal Guidance Scheme

1116 days delay in CS Appointment- MCA imposes hefty 21.47 Lakh penalty

October 13, 2023 17178 Views 0 comment Print

Registrar of Companies Karnataka imposes a hefty 21.47 Lakh penalty on Webex Communications for 1116 days delay in appointing a company secretary. Full analysis and details.

GST Exemption for Gangajal and Puja Samagri: CBIC Clarification

October 13, 2023 4296 Views 0 comment Print

Get clarity on GST applicability to Gangajal used in household pujas. CBIC explains the exemption for puja samagri in 2017 GST Council meetings

ICSI Urges SEBI to Waive Notice & Report Dispatch for Debt-Listed Entities

October 13, 2023 1983 Views 0 comment Print

ICSI seeks SEBI’s exemption from sending physical copies of notices and annual reports for listed debt entities under Regulation 58(1).

ICSI requests dispensing Physical Copies for General Meetings of Listed Entities

October 13, 2023 4101 Views 0 comment Print

ICSI appeals for elimination of physical copies of notices and annual reports for general meetings of listed entities to align with recent MCA and SEBI relaxations.

CBI Initiates Case Against Delhi-Based Company for Violations of FCRA Provisions

October 13, 2023 678 Views 0 comment Print

CBI registers a case against a Delhi-based private company and its Director for alleged violations of FCRA provisions, involving unexplained remittances and foreign funds. Searches are underway at two locations in Delhi.

HC Directs ITO to Review Petitioner’s Claims Under Direct Tax Vivad se Vishwas Act, 2020

October 13, 2023 759 Views 0 comment Print

Read the Madras High Court’s judgment directing the ITO to refund Rs.9,04,260 under Vivad se Vishwas Act and consider the petitioner’s representations.

Appellate Authorities can Adopt Transfer Pricing Method different from that adopted by assessee

October 13, 2023 378 Views 0 comment Print

In PCIT vs. Hellmann Worldwide Logistics India Pvt. Ltd case, Delhi High Court upholds appellate authorities’ right to choose a different transfer pricing method.

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