The Office of the Commissioner of Customs in Chennai, under the Ministry of Finance, Department of Revenue, has issued a public notice addressing queries and providing clarifications regarding the implementation of the Electronic Cash Ledger (ECL) in the Indian Customs EDI System. The notice informs importers, exporters, customs brokers, and other stakeholders about the resolution […]
The lapses in Audit identified in this Order relate to the EP’s failure in determining whether the accounting policy of the company conformed to the required standards, failure in applying sufficient audit procedure as per Standards on Auditing (‘SAs’ hereafter), failure to question the management represenations with professional skepticism, and failure in identifying and reporting material mistatements in the financial statements.
Ministry of Corporate Affairs penalized Kosamattam Nidhi Limited for not mentioning DIN of directors in documents attached with e-form ADT-1
Over time there has been increased participation of investors in Indian securities market, including, in the derivatives segment. While investors are expected to make investment decisions based on their own due diligence and risk appetite, it is important to empower them with detailed information about the risks associated with trading in derivatives.
Consultation Paper on proposed review of the definition of Unpublished Price Sensitive Information (UPSI) under SEBI (Prohibition of Insider Trading) Regulations, 2015 to bring greater clarity and uniformity of compliance in the ecosystem
Explore the Supreme Court’s judgment on sales tax implications for warranty claims in Tata Motors Ltd. vs. Deputy Commissioner case, addressing dealer-manufacturer transactions.
Income Tax Department conducted search and seizure operations on a business group operating largely in North Bengal region of the State of West Bengal. The business group is controlled by a person with an active political background. Search was also conducted on his close business associate.
Any car accident is very stressful, and even more so when you have to deal with all the paperwork and procedures to receive compensation for your injuries and property damage. Dealing with insurance companies after such an incident can affect your compensation claim; therefore, it is very important to know how to proceed.
CBIC notifies Customs Exchange rate for Import & Export with effect from 19th May, 2023 vide Exchange rate vide Notification No. 36/2023 – Customs (N.T.) Dated : 18th May, 2023. GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS ***** Notification No. 36/2023 – Customs (N.T.) | Dated: 18th […]
SEBI may consider grant of certificate to an applicant, notwithstanding that another entity in same group has been previously granted registration by it
