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MahaRERA Amended Proforma of Allotment Letter

July 1, 2022 1623 Views 0 comment Print

Submission of proforma of the allotment letter and agreement for sale at the time of registration of a real estate project in compliance of Clause (g) of Sub-section 2 of Section 4 of the Real Estate (Regulation and Development Act, 2016.

ICAI President’s Message – June 2022

June 30, 2022 1431 Views 1 comment Print

Our nation has shown great resilience and willingness to overcome the ill effects of pandemic and move ahead towards the path of self-reliance. Our economy is not only able to sustain, but is also one of the few growth stories globally because of the will, determination and collective eff orts of all the stakeholders. The […]

SEBI amends format of Statement showing shareholding pattern of Public shareholder/foreign ownership limits

June 30, 2022 7866 Views 0 comment Print

i. In the disclosure of public shareholding, names of the shareholders holding 1% or more than 1% of shares of the listed entity is to be disclosed. ii. Names of the shareholders who are persons acting in concert, if available, shall be disclosed separately.

FAQ’s- Disclosure of holding of specified securities and Holding of specified securities in dematerialized form

June 30, 2022 5292 Views 0 comment Print

National Stock Exchange of India Circular Ref. No.: NSE/CML/2022/31 | Date: June 30, 2022 The Company Secretary All Listed Companies Subject: FAQ’s – Disclosure of holding of specified securities and Holding of specified securities in dematerialized form Dear Sir/ Madam, This is in furtherance to the circular number SEBI/HO/CFD/PoD-1/P/CIR/2022/92 dated June 30, 2022 in relation […]

Court denies bail to CA in alleged forged Certificate Case & added Sections publishable with life imprisonment

June 30, 2022 12711 Views 0 comment Print

It is not the matter of mere initiation of refund under the CGST Act only, rather now it appears to have become an offence punishable under Sections 420/467/468/471 of IPC wherein the maximum punishment prescribed is imprisonment for life.

Reassessment without Service of Section 148 Notice is void ab initio

June 30, 2022 3300 Views 0 comment Print

Naveen Tyagi Vs ITO (ITAT Delhi) HC held that if notice u/s 148 was not served on the assessee in accordance with law the reassessment made consequent thereto was without jurisdiction and liable to be quashed. In the case on hand as the Revenue could not prove the service of notice u/s 148 on the […]

Exclusion of certain digital assets from definition of virtual digital asset

June 30, 2022 2025 Views 0 comment Print

Central Government hereby notifies following virtual digital assets which shall be excluded from the definition of virtual digital asset: (i) Gift card or vouchers, being a record that may be used to obtain goods or services or a discount on goods or services;

Courier Imports and Exports (Electronic Declaration and Processing) Amendment Regulations, 2022

June 30, 2022 1968 Views 0 comment Print

Notification No. 57/2022-Customs (N.T.) Courier Imports and Exports (Electronic Declaration and Processing ), Amendment, Regulations, 2022 for facilitating E-commerce exports of jewellery MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) New Delhi, the 30th June, 2022 Notification No. 57/2022-Customs (N.T.) G.S.R. 485(E).—In exercise of the powers conferred by section 157 […]

Tariff Notification No. 55/2022-Custom (N.T.), Dated: 30.06.2022

June 30, 2022 1098 Views 1 comment Print

Tariff Notification No. 55/2022-Custom (N.T.), Dated: 30.06.2022 on Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) New Delhi, the 30th June, 2022 Notification No. 55/2022-Custom (N.T.) S.O. 2960(E).—In exercise of the powers conferred by sub-section (2) […]

RTI Act – No Penalty for Destruction of Information in Absence of Malafide

June 30, 2022 528 Views 0 comment Print

It was submitted by appellant that as per the provisions of Section 20(2) of the Right to Information Act, 2005 (RTI Act) the record of the deceased petitioner, which has been illegally destroyed, appropriate penalty may be imposed upon the respondent.

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