Impact of ‘Model Prisons and Correctional Services Act, 2023’ on efficient prison management. Learn how states and UTs can adopt this progressive legislation for reform.
MCA imposed penalties on Yuva Nidhi Company Limited for failing to file annual return, in violation of Section 92(4) of Companies Act, 2013
Penalty imposed by MCA on Yuva Nidhi Company Limited for non-compliance of MGT-14 filing regarding Board Report approval
Weekly newsletter from Chairman, CBIC dated 25/05/2023 highlights the importance of organizational commitment and the need to prioritize the needs of the organization over personal aspirations. The newsletter encourages officers to embrace unexpected changes as opportunities for growth and emphasizes the potential to make a difference regardless of location or assignment. Additionally, the circular acknowledges […]
ITAT Cochin held that delayed audit report, due to illness of a partner and hardware damage, constituted a technical venial breach that did not result in any loss to exchequer.
Notification under clause (ii) of the first proviso to clause (viib) of sub section (2) of section 56 of the Income tax Act CBDT issued Notification No. 30/2023 under the Income Tax Act. The notification states that the provisions of clause (viib) of sub-section (2) of section 56 shall not apply to consideration received by […]
SEBI Consultation paper on proposal with respect to pro-rata and pari-passu rights of investors of Alternative Investment Funds (AIFs)
Central Board of Direct Taxes (CBDT) released guidelines outlining the parameters and procedures for the compulsory selection of income tax returns for complete scrutiny during the financial year 2023-24. The guidelines specify various scenarios, including cases related to surveys, search and seizure actions, non-filing of returns, addition in earlier assessment years, and specific information on […]
Office Order No. 78/2023 – With the approval of Competent Authority, the following transfer and posting in the grade of Deputy/ Assistant Commissioner of Indirect Taxes and Customs is hereby ordered with immediate effect and until further orders: –
The export policy of broken rice is prohibited; however, export will be allowed on the basis of permission granted by the Government of India to other countries to meet their food security needs and based on the request of their Government. MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) Notifications […]
