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Archive: December, 2023

Posts in December, 2023

Once NCLT approves resolution plan, the appeal before CESTAT abates

December 13, 2023 921 Views 0 comment Print

Explore the implications of the National Company Law Tribunal’s resolution plan approval on the CESTAT Bangalore’s jurisdiction in the case of Patanjali Foods Ltd. vs. Commissioner of Customs.

Mere Doubts & suspicions cannot lead to adverse findings against assessee: HC

December 13, 2023 1149 Views 0 comment Print

Explore the detailed analysis of Allahabad High Court’s judgment in the case of PCIT Vs Pnc Infratech Ltd. (AY 2010-11). Understand the dispute, evidence, and the court’s decision on unexplained credits.

NPCI’s UPI Revolution: Enhanced Payment Options Unveiled

December 13, 2023 2604 Views 0 comment Print

Discover NPCI’s groundbreaking move to link multiple payment instruments on UPI, offering a comprehensive payment experience. Learn about guidelines and compliance for seamless transactions.

MahaRERA: Final Extension for Real Estate Agent Certificate of Competency

December 13, 2023 2352 Views 0 comment Print

Stay informed on the latest MahaRERA Order 41B/2023 granting a final extension for obtaining Real Estate Agent Certificates. Know the deadlines and implications for agents and promoters

Veterinary Health Certificate for Import of Milk and Milk Products into India

December 12, 2023 1881 Views 0 comment Print

Learn about the latest Customs Instruction No. 29/2023 mandating Veterinary Health Certificates for Milk Imports into India. Get insights on the changes, implementation challenges, and key modifications

BIS Registration and Sampling Mandate for Import Goods

December 12, 2023 8442 Views 0 comment Print

Stay compliant with Customs Instruction No.28/2023-Customs. Learn about BIS registration requirements and random sampling for LED products. Important updates for importers

MCA Fines Auditors Rs. 180,000 for Disclosure Failures under Sections 143(3) & (11)

December 12, 2023 1461 Views 0 comment Print

Ministry of Corporate Affairs imposes Rs. 180,000 penalty on M/S Mukund M Chitale & Co., auditors of The Peerless General Finance & Investment Co Ltd, for Section 143(3) violations.

IASB’s Exposure Draft: Amendments to Financial Instruments Standards

December 12, 2023 699 Views 0 comment Print

Explore proposed amendments to IAS 32, IFRS 7, and IAS 1 in the Exposure Draft by IASB. Learn how the changes address challenges in classifying complex financial instruments. Submit your comments by February 10, 2024.

RBI Raises Transaction Limits: New Rules for E-Mandates in 2024

December 12, 2023 4284 Views 0 comment Print

Stay informed about RBI’s latest circular on e-mandates. Transaction limits increased to ₹1,00,000 for mutual funds, insurance premiums, and credit card bill payments.

SEBI’s Revised Framework: Upstreaming Clients’ Funds by Stock Brokers to Clearing Corporations

December 12, 2023 2292 Views 0 comment Print

Explore SEBI’s latest circular on upstreaming clients’ funds by stock brokers, addressing operational difficulties. Learn the revised framework for enhanced transparency.

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