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Archive: May, 2024

Posts in May, 2024

Non-appointment of Internal Auditor by Company: MCA imposes Penalty

May 10, 2024 15906 Views 0 comment Print

Learn about penalties imposed by MCA on Sector 113 Gatevida Developers Private Limited for failing to appoint an internal auditor. Analysis, implications, and order details included.

ICAI Announces New Branch in Tonk, Renames Aurangabad Branch & Detaches Theni from Madurai

May 10, 2024 750 Views 0 comment Print

ICAI opens a new branch in Tonk District, Rajasthan, and renames Aurangabad Branch. Theni detached from Madurai Branch. Learn about the latest updates.

Release Imported Used Digital Multifunction Machines on enhanced customs duty payment: Madras HC

May 10, 2024 300 Views 0 comment Print

Read the Madras High Court’s order directing release of imported second-hand digital multifunction printing and copying machines upon payment of enhanced customs duty.

Review of Chartered Accountants Act, 1949: Public Comments Invited

May 10, 2024 14730 Views 0 comment Print

Participate in the review of rules under the Chartered Accountants Act, 1949. Submit your suggestions to the Ministry of Corporate Affairs before the deadline.

Amendment in FTP: Import Provisions for Quality Control Orders

May 10, 2024 450 Views 0 comment Print

Learn about the latest amendment enabling import of QCO subjected inputs by Advance Authorisation holders, EOU, and SEZ. Details in Public Notice No. 04/2024-25-DGFT.

SEBI Consultation Paper: Easing Non-Convertible Securities Business

May 10, 2024 420 Views 0 comment Print

Dive into proposed amendments for non-convertible securities, including easing disclosure requirements and timeline modifications. Explore the potential impact on business and compliance.

Direct Payout to Client Demat: Enhancing Efficiency & Reducing Risk | SEBI Draft

May 10, 2024 519 Views 0 comment Print

SEBI’s draft circular proposes direct payout of securities to client demat accounts, aiming to enhance operational efficiency and reduce risk. Submit your comments by May 30, 2024.

SEBI Consultation paper: Ease of Doing Business for REITs & InvITs

May 10, 2024 780 Views 0 comment Print

Explore SEBIs proposals to simplify compliance for REITs and InvITs, including revised distribution timelines, unitholders meeting notice, investor complaints, and more.

Guidance Note on Inventory Valuation under Income Tax Act 1961

May 10, 2024 2250 Views 0 comment Print

Learn how to prepare Inventory Valuation Reports under Section 142(2A) of the Income Tax Act, 1961 with our comprehensive Guidance Note. Get insights on legal provisions, standards, and FAQs.

ITAT Directs Re-adjudication on allowbility of property tax paid in earlier years

May 10, 2024 447 Views 0 comment Print

Discover the ITAT Mumbai’s order directing re-adjudication regarding the liability of property tax paid by Rare Townships Pvt Ltd on behalf of the Collector.

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