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

December 18, 2021 1893 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 1701 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 3069 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 2031 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 13014 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 11316 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 2913 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 […]

eForm SH-11 | Return in respect of buy-back of Securities

December 17, 2021 14301 Views 0 comment Print

eForm SH-11 is required to be filed pursuant to Section 68(10) of the Companies Act 2013 and pursuant to rule 17(13) of the Companies (Share Capital and Debentures) Rules, 2014

Presents Gifted By Parents For Welfare of Daughter is Not Dowry

December 17, 2021 1377 Views 0 comment Print

Vishnu R. Vs State of Kerala (Kerala High Court)  On going through the above rules, it is clear that on receiving a complaint, the District Dowry Prohibition Officer is bound to scrutinize the complaint and find whether it would come within the purview of Sections 2, 3, 6 etc. of the Act and conduct an […]

DGFT amends MEIS schedule

December 16, 2021 3510 Views 0 comment Print

Certain additions/amendments have been made to Table 2 of Appendix 3B, the MEIS schedule to harmonize it with Notification No. 48 dated 22.12.2020 and changes as enacted by the Finance Act 2020. Also Read: Corrigendum to Public Notice No. 43/2015-2020 dated 16.12.2021 Government of India Ministry of Commerce & Industry Department of Commerce Directorate General […]

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