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‘Conduct of Accused’ is Relevant to decide Application for Interim Compensation

July 1, 2022 2091 Views 0 comment Print

Explore the legal intricacies of V. Krishnamurthy vs. Diary Classic Ice Creams in Karnataka High Court. Analysis of interim compensation order under Section 143A of the Negotiable Instruments Act.

ICAI cost clarifies on social media rumours related to ongoing June exams

July 1, 2022 2850 Views 0 comment Print

Some miscreants are engaged in unwarranted and unnecessary posting or spreading rumours on social media about the online Intermediate and Final, June 2022 term of examination. The students are advised to follow only official notification from the official email id/website of the institute.

UDIN for Audit Forms/Certificates can be updated till 30.09.2022

June 30, 2022 105237 Views 3 comments Print

The timeline to update UDIN is extended till 30th Sep 2022 to give more time to CAs to correctly verify and upload UDINs.

New TDS Provisions (Section 194R & 194S) applicable from 01.07.2022

June 30, 2022 52347 Views 1 comment Print

New TDS Provisions (Section 194R and section 194S of Income-tax Act, 1961) are applicable from 01.07.2022.and inserted vide Finance Act 2022.

Interest rates of small saving schemes for July 22 to September 22

June 30, 2022 17442 Views 1 comment Print

Revision of interest rates for Small Savings Schemes for Q2 of 2022-23 (i.e. from 1st July 2022 to 30th September 2022) Interest rates of small saving schemes for the Second quarter of financial year 2022-23 starting from 1st July, 2022 and ending on 30th September, 2022 shall remain unchanged from the current rates applicable for […]

Recommendations of 47th GST Council Meeting

June 29, 2022 34533 Views 1 comment Print

GoM on Casino, Race Course and Online Gaming to re-examine the issues based on further inputs from States and submit its report within a short duration GoM to be constituted to address various concerns raised by the States on GST Appellate Tribunal and amendments in CGST Act GoM on IT Reforms, inter alia, recommended that […]

Last date for filing of LLP Form 11 without additional fee extended

June 29, 2022 21555 Views 0 comment Print

In continuation of MCA General Circular no. 04/2022 dated 27.5.2022 on the captioned subject, it has been decided to further extend the timeline and allow LLPs to file e-Form 11 (Annual Return) for the Financial Year 2021-2022 without paying additional fees up to 15th July, 2022.

A glance at gamma in options trading

June 28, 2022 966 Views 0 comment Print

#AD Derivative contracts such as futures and options allow traders to use various strategies in the stock market to reduce risk and maximise returns. Future and option trading or F&O trading requires traders to take certain positions by taking into consideration all the factors that can influence the price. To be able to do this […]

Foreign Arbitral Award Enforcement can be Filed in multiple High Courts

June 27, 2022 894 Views 0 comment Print

Explore the ACIT Vs Zodiac Transport case as ITAT Delhi directs fresh adjudication on protective additions, influenced by the SVP Group entities recent partial relief.

Income Tax Department conducts searches in Rajasthan & Mumbai

June 25, 2022 789 Views 0 comment Print

Income Tax Department carried out search and seizure operations on 16.06.2022 on a business group involved in retail and export sale of handicrafts, cash financing, purchase and sale of land and buildings, alongwith some bullion traders. The search operation covered more than 25 premises spread across Rajasthan and Mumbai. During the course of the search […]

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