MCA has notified Companies (CSR Policy) Amendment Rules, 2021 Notification No. G.S.R. 40(E) dated 22/01/2021 and also notified Amendment to Section 135 of Companies Act, 2013 wef 22.01.2021. Articles compares changes to Companies (Corporate Social Responsibility Policy) Rules, 2014 with Companies (CSR Policy) Amendment Rules, 2021.
ICSI requested MCA to consider providing extension of the timelines for annual filing of e-forms AOC-4, AOC-4(XBRL), MGT-7 and DIR-3 KYC till 31St March, 2021. THE INSTITUTE OF Company Secretaries of India IN PURSUIT OF PROFESSIONAL EXCELLENCE Statutory body under an Act of Parliament (Under the jurisdiction of Ministry of Corporate Affairs) MCA: 2021 Shri […]
H.M. Leisure Vs State of West Bengal (Calcutta High Court) It is trite law that when an appeal provision has been provided under the statute, the Authorities are not allowed to recover the amount payable unless there are extenuating circumstances. In the present case the dispute is with regard to classification issue, and therefore, I […]
It has been brought to the notice of RBI that the recovery of excess /wrong pension payments from the pensioners are being made in a manner that is not in keeping with the extant guidelines / Court orders.
CBIC notifies Rate of Exchange of Foreign Currencies against India Rupees wef 22nd January, 2021, vide Notification No. 05/2021-Customs (N.T.), Dated: 21st January, 2021. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) ***** Notification No. 05/2021–Customs (N.T.) New Delhi, dated the 21st January, 2021 1 Magha 1942 […]
Learned counsel for the respondent on the other hand has relied on the Section 28AAA of the Customs Act to contend that the SCN is not time barred inasmuch as the petitioner is guilty of suppression of facts and wilful mis-statements in claiming the benefits under the Scheme. Prima facie we find merit in the contention of the respondent.
Empanelment of Chartered Accountant firms as Concurrent Auditor ♥ IDBI Bank invites online applications from practicing partnership firms of Chartered Accountants within India, in the prescribed format, who are willing to have their firms empanelled as Concurrent Auditors of the Bank. ♥ The online system shall be available from 01.2021 to 05.02.2021 (both dates inclusive) […]
These regulations may be called the Securities and Exchange Board of India (Intermediaries) (Amendment) Regulations, 2021. 2. They shall come into force on the date of their publication in the Official Gazette.
In this article I am taking two inter related definitions for discussion. Central Goods and Services Tax Act, 2017 specifically defines ‘address of delivery’ and ‘address on record’ under sub-section (2) & (3), respectively, of section 2. It is worth to mention that none of the said term was defined in the Central Excise Act, 1944, Customs Act, 1962, The Finance Act, 1994 or Rules framed under the said Acts.
INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA Ref. No:– Date:20-01-2021 Exposure Draft Re: Report of the Working Group (WG) to Study Cyber Liability Insurance. A Working Group was set up by the Authority vide order Ref: IRDAI/NL/ORD/MISC/260/10/2020 dated 19th October, 2020 to Study Cyber Liability Insurance. The Working Group has submitted its report in two parts, Part-I (Page. No:1 […]
