There are two interpretations one can make from the above words said by Warren Buffett. One, if you are a professional investor managing large funds, diversification won’t help much and two, for the average retail investor out there, owning a concentrated portfolio without the proper research can be a daunting experience.
In terms of the provisions of section 42(8) of the Act r/w Rule 14 (6) of Companies (Prospectus and Allotment of Securities) Rules, 2014 the Company was required to file e-forms PAS-3 within fifteen(15) days of the date of each allotment.
larification to SEBI circular dated August 04, 2022 on enhanced guidelines for debenture trustees and listed issuer companies on security creation and initial due diligence
In re Aluri Krishna Prasad (GST AAAR Andhra Pradesh) In this case The agreement between the appellant and the lessee is on built up area basis and not on the basis of unit cost of accommodation and hence, it cannot be treated as given for residential dwelling. The appellant is not extending accommodation to the […]
In re Allied Blenders and Distillers Private Limited (GST AAAR Telangana) Issue in brief is that the applicant is engaged in manufacture of alcohol. In the process of manufacturing alcohol, certain by products emerge viz., distillery dry gain soluble (DDGS) and distillery wet rain soluble (DWGS). It was the contention of the applicant that these […]
In re Avantika Contracts (I) Limited (GST AAAR Telangana) Q1. Whether the construction of Institute of Security and Law Enforcement studies at Addu City in Maldives, constructed for Government of Maldives under an Memorandum of Understanding between India and Maldives falls within the GST net? A1. Yes, the supply is within the ambit of GST. Q2. […]
AMC Repo Clearing Limited was granted recognition as a Clearing Corporation for the purpose of clearing and settling transactions in repo and reverse repo in the debt securities that are dealt with or traded on a recognised stock exchange, which was notified vide Gazette notification dated January 24, 2022.
CBDT Instruction No. 2/2022 – Standard operating procedure (SCOP) on filing of Appeals/Special leave petition (SLPs) by the Income Tax Department in the Supreme Court (SC) and related matters. Instruction No. 2/2022 F.No.279/Misc./M-72/2022-ITJ Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes ******* New Delhi the 15th December, 2022 To All the […]
ITAT held that Interest received under section 28 of Land Acquisition Act, 1894 is not taxable under section 56(2)(viii) read with sections 57(iv) and 145A of Income Tax Act,1961.
It has been decided by the Exchange that filings for the Equity Announcements and Financial Results will be made available only on NEAPS portal with effect from December 17, 2022.