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‘National Anti-Doping Bill, 2021’ introduced in Lok Sabha

December 18, 2021 1194 Views 0 comment Print

National Anti-Doping Bill, 2021 is been introduced in Lok Sabha to to provide for the constitution of the National Anti-Doping Agency for regulating anti-doping activities in sports and to give effect to the United Nations Educational, Scientific and Cultural Organisation International Convention against doping in sport, and compliance of such other obligations and commitments thereunder […]

All about filing of eForm MGT-3

December 18, 2021 3549 Views 0 comment Print

eForm MGT-3 – Notice of situation or change of situation or discontinuation of situation, of place where foreign register shall be kept Part I – Law(s) Governing the eForm MGT-3 eForm MGT-3 is required to be filed pursuant to section 88(4) of the Companies Act, 2013 and rule 7(2) of the of the Companies (Management […]

eForm SH-9 | Declaration of Solvency

December 18, 2021 13290 Views 0 comment Print

Part I – Law(s) Governing the eForm SH-9 Section 68(6) of Companies Act 2013 Where a company proposes to buy-back its own shares or other specified securities under this section in pursuance of a special resolution under clause (b) of sub-section (2) or a resolution under item (ii) of the proviso thereto, it shall, before […]

SOP for Physical/ Virtual/ Hybrid hearing of cases before NCLT

December 18, 2021 1176 Views 0 comment Print

NCLT is pleased to issue the present Standard Operating Procedure (SOP) for physical hearing, as well as the continuation of Virtual. The following SOP is made applicable to all NCLT Benches.

SC dismisses plea challenging validity of Section 194A(3)(ixa)

December 17, 2021 1200 Views 0 comment Print

Explore Amit Sahni’s challenge to Income Tax Act Section 194A(3)(ixa) at the Supreme Court of India. Details on the dismissal and legal considerations.

Anti-dumping Duty on Imports of Sodium Hydrosulphite

December 17, 2021 2067 Views 0 comment Print

Notification No. 71/2021-Customs (ADD), Dated: 17/12/2021- Seeks to impose Anti-dumping Duty on Imports of Sodium Hydrosulphite from China PR and Korea RP MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 17th December, 2021 Notification No. 71/2021-Customs (ADD) G.S.R. 865(E).—Whereas, in the matter of “Sodium Hydrosulphite” (hereinafter referred to as the subject goods), falling under […]

Reg. ADD on Natural Mica based Pearl Industrial Pigment excluding cosmetic grade

December 17, 2021 1224 Views 0 comment Print

Notification No. 70/2021-Customs (ADD)- Seeks to amend Notification No. 47/2021-Customs (ADD) dated 26.08.2021 regarding levy of anti-dumping duty on ‘Natural Mica based Pearl Industrial Pigment excluding cosmetic grade’ to amend the name of exporter from ‘Nanyang Lingbao Pearl Pigment Company Limited Materials’ to ‘Henan Lingbao New Materials Technology Co., Ltd.’ MINISTRY OF FINANCE (Department of […]

eForm FC-4 | Annual Return of a Foreign Company

December 17, 2021 7179 Views 0 comment Print

eForm FC-4 is required to be filed pursuant to Section 384(2) of the Companies Act 2013 and Rule 7 of Companies (Registration of Foreign Companies) Rules, 2014

Punjab One Time Settlement of Outstanding Dues (Second) Scheme, 2021

December 17, 2021 10581 Views 0 comment Print

(1) This scheme may be called the Punjab One Time Settlement of Outstanding Dues (Second) Scheme, 2021. (2) It extends to the whole of the State of Punjab.

Section 40A(2) disallowances on mere conjectures & surmises not sustainable

December 17, 2021 2331 Views 0 comment Print

Sh. Chander Mohan Lall Vs ACIT (ITAT Delhi) A plain reading of section 40A(2) of the Act would make it clear that where the payment made to a related party, in the opinion of the Assessing Officer, is excessive or unreasonable having regard to the fair market value of the goods, services or facilities for […]

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