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Archive: April, 2024

Posts in April, 2024

Relaxed Intimation Rules for AIFs’ Private Placement Changes via Merchant Bankers

April 29, 2024 1896 Views 0 comment Print

SEBI relaxes filing requirements for changes in Private Placement Memorandum terms by Alternative Investment Funds (AIFs) directly with SEBI, reducing compliance costs. 

Basic Concept of Tax Invoice and credit/debit note under GST

April 29, 2024 35265 Views 0 comment Print

Explore basic concepts of tax invoices, credit notes, and debit notes under GST. Learn about their importance, issuance, and compliance requirements. For detailed insights, read more.

Section 80P(2)(a)(i) Deduction cannot be denied without Substantiated Reasoning

April 29, 2024 1551 Views 0 comment Print

The Presbyterian Churc Co. Operating Credit & Thrift Society Ltd. Vs ITO (ITAT Jaipur) Section 80P(2)(a)(i) deduction cannot be denied without specifying how the claim of the assessee is not correctly claimed & for motioning  status as AOP

Non-disclosure of Related Party Transactions in Form AOC-2: MCA Imposes ₹4 Lakh Penalty

April 29, 2024 1686 Views 0 comment Print

The MCA imposes a Rs 4 lakh penalty on Trichy Fabricators Pvt Ltd for failing to disclose related party transactions in Form AOC-2. Learn more about the adjudication order.

NBFCs and IT Governance: Ensuring Future Readiness

April 29, 2024 1080 Views 0 comment Print

Discover how NBFCs are navigating IT governance challenges and embracing RBIs directives for cybersecurity. Explore key insights and strategies for future readiness.

Annual ROC Compliance Calendar

April 29, 2024 2982 Views 0 comment Print

Stay compliant with the Companies Act 2013 by following the annual compliance calendar. Learn about important forms and deadlines for directors, AGMs, filings, and more.

Accounting treatment of delayed interest under MSMED Act 2006

April 29, 2024 43311 Views 0 comment Print

Understand the accounting implications of delayed payments to Micro, Small, and Medium Enterprises under the MSMED Act. Learn about interest payable, waiver options, and accounting standards.

Ethical Consideration in Digital Age of Copyright, Creativity & Freedom of Expression

April 29, 2024 1290 Views 0 comment Print

Explore ethical considerations surrounding copyright, creativity, and freedom of expression in digital age. Discover challenges faced by copyright protection and resolutions like DRM, watermarking, and fair use guidelines.

Amounts covered by security deposits under agreements constitute financial debt: SC

April 29, 2024 2019 Views 0 comment Print

Supreme Court held that that the amounts covered by security deposits under the agreements constitute financial debt. Accordingly, section 5(7) of IBC categorizes the person as financial creditor if a financial debt is owned to it.

Unveiling the Future: The Rise of Fintech

April 29, 2024 618 Views 0 comment Print

Explore the transformative impact of fintech on the financial services sector, from payments and banking to lending and investing. Learn about innovative solutions and the future of digital finance.

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