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NFRA imposes Rs 15 lakh fine, 5-year ban on a Deloitte partner in IL&FS Case

July 28, 2020 1683 Views 0 comment Print

Order Under Section 132(4) of the Companies Act in respect of the Show Cause Notice issued to CA Shrenik Baid (Membership No 103884) Extract from the order D. PENALTY 199. As discussed in detail in the above paras, the charges framed against CA Shrenik Baid in the SCN have been held to have been proved. […]

NCLT & NCLAT(Procedure for investigation of misbehaviour or incapacity of Chairperson, President and other Members) Rules, 2020

July 28, 2020 2313 Views 0 comment Print

These rules may be called the National Company Law Tribunal and National Company Law Appellate Tribunal (Procedure for investigation of misbehavior or incapacity of Chairperson, President and other Members) Rules, 2020.

Rule 12CB- Section 115UB(7) Statement & new Form No. 64C & 64D

July 28, 2020 32931 Views 1 comment Print

12CB. Statement under sub-section (7) of section 115UB.—(1) The statement of income paid or credited by an investment fund to its unit holder shall be furnished by the person responsible for crediting or making payment of the income on behalf of an investment fund and the investment fund to the-

DFGT amends Export Policy of 2/3 ply surgical masks & medical goggles

July 28, 2020 1197 Views 0 comment Print

DGFT vide Notification No. 21 dated 28.07.2020 has amended the export policy of 2/3 ply surgical masks & medical goggles to ‘restricted’ with Monthly quota and removed prohibition on export of face shields Notification No. 20 dated 21.07.2020 read with Notification No. 16 dated 29.06.2020 is amended to the extent that the export policy of […]

Tariff  Notification No. 62/2020-Customs (N.T.) dated 27.07.2020

July 27, 2020 198 Views 0 comment Print

Tariff  Notification No. 62/2020-Customs (N.T.) dated 27th July, 2020 in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seed, Areca nut, Gold & Silver – reg Government of India Ministry of Finance (Department of Revenue) (Central Board of Indirect Taxes and Customs) Notification No. 62/2020-Customs (N.T.) New Delhi, 27th July, 2020 […]

Draft FSSAI Regulations related to Shea/Borneo tallow/Illipe butter

July 27, 2020 1212 Views 0 comment Print

FOOD SAFETY AND STANDARDS AUTHORITY OF INDIA NOTIFICATION New Delhi, the 27th July, 2020 F. No. Stds/O& F/Notification (5)/FSSAI-2017- The following draft of certain regulations, further to amend the Food Safety and Standards (Food Products Standards and Food Additives) Regulations, 2011, which the Food Safety and Standards Authority of India proposes to make with previous […]

SC SOP: Advocate-on-Record & Party-in-Person to file soft copy of petition

July 27, 2020 1050 Views 0 comment Print

SC direct that henceforth Advocate-on-Record and Party-in-Person shall file soft copy of the petition as well as the accompanying documents, filed in physical form at the filing counter of the Registry.

Extended due dates for TDS/TCS related compliances

July 25, 2020 507402 Views 44 comments Print

Due date of TDS/TCS related compliances were extended by CBDT on 24.06.2020 vide CBDT’s notification No. 35/2020, dated 24-06-2020. Here we have compiled due date of filing TDS/TCS statement (Form 24Q, 26Q, 26QB, 26QC, 26QD 27Q and 27EQ) of FY 2019-20 and due date for issue of TDS/TCS certificate (Form 16 and Form 16A). EXTENSION […]

FM lauds IT Department for being responsive to people

July 24, 2020 516 Views 0 comment Print

Finance Minister Smt. Nirmala Sitharaman lauds IT Department for being responsive to people as CBDT observes 160th Income Tax day towards Nation Building

Companies (Indian Accounting Standards) Amendment Rules, 2020

July 24, 2020 10977 Views 0 comment Print

(1) These rules may be called the Companies (Indian Accounting Standards) Amendment Rules, 2020. (2) They shall come into force on the date of their publication in the Official Gazette.

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