Follow Us:

ROC imposes penalty of Rs. 7.50 Lakh for not appointing woman director

October 21, 2022 3288 Views 0 comment Print

Company is required to appoint a woman director based on Rule 3(ii) of Companies (Appointment and qualification of Directors) Rules, 2014 as Turnover of company is more than 300 Crore.

AO cannot mechanically apply provisions of section 56(2) to difference in value

October 21, 2022 5406 Views 0 comment Print

Mohd. Ilyas Ansari Vs ITO (ITAT Mumbai) Assessing Officer mechanically applied provisions of section 56(2) to difference between stamp duty value and actual sale consideration paid by assessee and made additions, without making any efforts to find out actual cost of property, additions made by Assessing Officer were to be set aside. In this case […]

Exposure Draft of IRDAI (Actuarial Report and Abstract for Life Business) (First Amendment) Regulations, 2022

October 21, 2022 873 Views 0 comment Print

Insurance Regulatory and Development Authority of India Exposure Draft of the Insurance Regulatory and Development Authority of India (Actuarial Report and Abstract for Life Business) (First Amendment) Regulations, 2022 1. In exercise of the powers conferred by clauses (g), (y), (z) of subsection (2) of section 114A read with Sections 13, 64V and 64VA of […]

Exposure draft of IRDAI (Assets, Liabilities and Solvency Margin of General Insurance Business) (First Amendment) Regulations, 2022

October 21, 2022 1332 Views 0 comment Print

Insurance Regulatory and Development Authority of India Exposure draft of IRDAI (Assets, Liabilities and Solvency Margin of General Insurance Business) (First Amendment) Regulations, 2022 1. In exercise of the powers conferred by clauses (y), (z), (za) and (zab) of subsection (2) of section 114A read with Sections 64V and 64VA of the Insurance Act, 1938, […]

GST refund rejection inadmissible if no reason assigned for rejection

October 21, 2022 1386 Views 0 comment Print

High Court are of the view that the same is not at all a speaking order. No reasons have been assigned for rejecting the refund application of the petitioner. Assessing officer did not advert to the objections filed by the petitioner on 10.03.2022.

SEBI allows brokers to place bids on RFQ platform

October 20, 2022 876 Views 0 comment Print

SEBI has allowed stock brokers registered under the debt segment of the Stock Exchange(s) to place/seek bids on the Request for Quote (RFQ) platform on behalf of client(s), in addition to the existing option of placing bids in a proprietary capacity.

CBIC notifies Customs Exchange rate for Import & Export wef 21.10.2022

October 20, 2022 1800 Views 0 comment Print

CBIC notifies Customs Exchange rate for Import & Export wef 21st October, 2022 vide Exchange rate Notification No. 90/2022 – Customs (N.T.) | dated the 20th October, 2022. GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS New Delhi ***** Notification No. 90/2022 – Customs (N.T.) | dated the […]

Clarification on operation of SB Pension & Joint Accounts opened by 3 adults jointly opened before 18.12.2019

October 20, 2022 798 Views 0 comment Print

If any depositor is already having one SB Pension Single Account and one normal SB Single Account opened before 18.12.2019, both the accounts can be continued in operation and they shall be treated as normal savings accounts for operation.

Conditions for TRQ imports under tariff head 7108 under India-UAE CEPA updated

October 20, 2022 2067 Views 0 comment Print

Conditions for TRQ imports under tariff head 7108 under India-UAE CEPA are updated in line with Customs Notification No. 74/2022-Customs(N.T.) dated 09.09.2022 read with Circular No.18/2022-Customs 10.09.2022. Government of India Ministry of Commerce & Industry Department of Commerce Vanijya Bhawan, New Delhi Public Notice No. 32/2015-2020-DGFT | Dated: 20th October, 2022 Subject: Amendment in Para […]

Guideline for Handling NPS corpus of deceased Subscribers meant for purchase of Annuity

October 19, 2022 879 Views 0 comment Print

It is observed that in certain cases, the subscribers post availing lump sum had met with unfortunate death but before issuance of annuity and the amount meant for Annuity lie in CRA System. In such cases, the following are the guidelines which can be applicable to handle the corpus meant for issue of Annuity,

Search Post by Date
July 2026
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031