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Health insurance policy Information to be given to policyholders

March 1, 2021 1311 Views 0 comment Print

While the policy document is forwarded with relevant information, in order to continue the relationship with policyholders and to ensure information flow, it is considered. important to periodically notify the policyholders. pertain relevant and key details relating to health insurance coverage available to the policyholders.

HC dismisses VAT Assessment order passed merely based on report of Enforcement Wing

March 1, 2021 1098 Views 0 comment Print

Next IT World Vs Assistant Commissioner (CT) (Madras High Court) The respondent in all the three impugned orders had stated that the Inspecting Officers had verified the relevant records and that they had correctly proved along with recorded evidence and that it was accepted by one Thiru.S.Kathir Rajan, who was the Managing Director of the […]

SEBI issues Consultation paper on ‘Review of Regulatory Provisions related to Independent Directors’

March 1, 2021 3591 Views 0 comment Print

SEBI has over the years, strengthened the institution of independent directors (IDs) through the recommendations of various committees as also through stakeholder consultations. However, concerns around the efficacy of independent directors as a part of corporate governance framework continue.

Wildlife Crime Control Bureau notified under PML Act, 2002

March 1, 2021 777 Views 0 comment Print

Central Government notifies Wildlife Crime Control Bureau In exercise of the powers conferred by clause (ii) of sub-section (1) of section 66 of the Prevention of Money-laundering Act, 2002.

DGFT Online Module for Adjudication, Appeal, Review proceedings

March 1, 2021 5478 Views 0 comment Print

n online module for Adjudication, Appeal, Review proceedings under Foreign Trade (Development & Regulation) Act, 1992, (‘the Act’) as amended and Foreign Trade (Regulation) Rules, 1993, (“the Rules’ ) as amended has been implemented with effect from 27th February 2021.

AO cannot treat LTCG as Bogus merely on SEBI investigation report

March 1, 2021 3282 Views 0 comment Print

Kiran Kumar Vs ACIT (ITAT Chennai) The AO disallowed the exemption claimed u/s.10(38) solely based on the investigation report by SEBI pertaining to certain cases based from Kolkatta wherein share prices rigged substantially over a period of time. Merely on suspicion and surmises, this disallowance was made without any corroborative evidence. The AO failed to […]

Paper on review of Regulatory Provisions related to Independent Directors

March 1, 2021 1047 Views 0 comment Print

SEBI Consultation Paper on Review of Regulatory Provisions related to Independent Directors – To solicit public comments / views on the proposals on review of regulatory provisions related to Independent Directors (IDs) on the boards of listed entities.

Cabinet extends tenure of CBDT Chief P C Mody till 31.05.2021

February 28, 2021 2088 Views 0 comment Print

The Appointments Committee of the Cabinet has approved extension in the re-appointment of Shri Pramod Chandra Mody as Chairman, Central Board of Direct Taxes (CBDT), for a further period of three months with effect from 01.03.2021 to 31.05.2021 or until further orders, whichever is earlier.

Notification extending various Income Tax due dates

February 27, 2021 102162 Views 5 comments Print

(a) for imposition of penalty under Chapter XXI of the Income-tax Act, (i) the 29th day of June, 2021 shall be the end date of the period during which the time limit specified in or prescribed or notified under the Income-tax Act falls, for the completion of such action; and (ii) the 30th day of June, 2021 shall be the end date to which the time limit for completion of such action shall stand extended;

Sanction of Pending IGST Refund – GSTR-I & GSTR-3B Mismatch Error

February 27, 2021 1254 Views 0 comment Print

Extension of Board’s Circular No. 12/2018-customs dated 29.05.2018 for sanction of pending IGST refund claims where the records have not been transmitted to ICEGATE due to GSTR-I and GSTR- 3B mismatch error

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