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An entity requires only one RCMC from its relevant EPC : DGFT

May 22, 2019 1392 Views 0 comment Print

(i) An entity requires only one RCMC from its relevant EPC as per Appendix-2T. It can keep on adding any number of businesses afterwards and RCMCs from other EPCs will be optional only. (ii) If an entity, having RCMC for goods from a particular EPC/FIEO, exports services subsequently, there is no need to obtain second RCMC from SEPC(membership with SEPC in such a case is merely optional).

Framework for accreditation of investors for Innovators Growth Platform

May 22, 2019 1092 Views 0 comment Print

Accredited Investors (AIs) for the limited purpose of Innovators Growth Platform, are investors whose holding in the Issuer Company, is eligible for the computation of at least 25% of the pre-issue capital in accordance with Regulation 283.(1) of the SEBI (Issue of Capital & Disclosure Requirements) Regulations, 2018

SEBI Discussion Paper on Review of Rights Issue Process

May 22, 2019 2370 Views 0 comment Print

The objective of this discussion paper is to seek comments / views from the public and market intermediaries on Review of Rights Issue Process.

e- Tutorial on Online TDS / TCS Challan Correction

May 22, 2019 17046 Views 1 comment Print

Important Information on Online Correction of TDS / TCS Challan All type of corrections like Personal information , Deductee details and Challan correction can be made using Online correction functionality available from FY.2007-08 onwards depending upon the type of correction This feature is extremely useful as it is : Free of Cost :TRACES does not […]

Online Correction- Add/delete salary details in TDS/TCS Statement

May 22, 2019 47439 Views 2 comments Print

Important Information on Online Correction- Add/delete salary details All type of corrections like ‘Personal information, Deductee details and Challan correction’ can be made using Online correction functionality available from FY.2007-08 onwards depending upon the type of correction. This feature is extremely useful as it is : Free of Cost : TRACES does not charge any […]

How to add Challan to TDS / TCS statement Online

May 22, 2019 125412 Views 1 comment Print

Important Information on Online Correction All type of corrections like “Personal information , Deductee details and Challan correction” can be made using Online correction functionality available from FY.2007-08 onwards depending upon the type of correction This feature is extremely useful as it is : Free of Cost :TRACES does not charge any fee for doing […]

CBDT releases draft New FORM No. 10B and rule 17B

May 21, 2019 77955 Views 0 comment Print

Rule 17B of the Rules provide that said report of audit of the accounts of a trust or institution shall be in Form No. 10B. The Form No 10B besides providing the Audit Report provides for filing of Statement of particulars as Annexure.

HC instructs to consider extension of time for filing of GST Tran-1

May 21, 2019 1008 Views 0 comment Print

Without going into the issue as to whether the time for the purpose can be extended, as the petitioner has moved the aforesaid application, the Assistant Commissioner/Commissioner GST may consider the above application and pass appropriate order in accordance with law.

SEBI permits mutual funds to participate in ETCDs

May 21, 2019 1656 Views 0 comment Print

The participation of mutual funds in ETCDs would be subject to the following: Mutual funds are permitted to participate in ETCDs in India, except in commodity derivatives on ‘Sensitive Commodities’ as defined vide SEBI circular no. SEBI/HO/CDMRD/DMP/CIR/P/2017/84 dated July 25, 2017.

Exemption to GTA services available for transportation of biscuits

May 20, 2019 1875 Views 0 comment Print

CESTAT Allahabad has held that exemption to GTA services for transportation of foodstuff will apply to biscuits as well. The Tribunal observed that the size and time of eating biscuits may change but nevertheless biscuit is a food item.

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