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ICSI clarifies on Opt-Out facility from June to Dec 2021 Exam

June 16, 2021 2829 Views 0 comment Print

Institute of Company Secretaries of India Announcement for Submission of Request for availing Opt-Out facility from June 2021 to December 2021 Exam Session 1. The June, 2021 Session of Examinations shall be conducted from 10th August, 2021 till 20th August 2021. Time table for the same is already hosted on the website of Institute separately. […]

Process of Filing ITR-1 under New Income Tax e-Filing Portal 2.0

June 16, 2021 487452 Views 61 comments Print

For Filing the ITR you need to download a JSON-based offline utility. ITR-1 can be filed online also. The following steps are help to file ITR-1 at New e-Filing portal 2.0 STEP 1: After Login we should click on the Dashboard to find out the page where we can file our return STEP 2: Select […]

ICSI requests relaxation in RBI reporting requirements

June 15, 2021 870 Views 0 comment Print

We wish to submit that companies are facing difficulty in complying with RBI reporting requirements due to problem in signing of documents from Authorized Signatories. We, therefore, request your goodself to kindly consider to grant relaxation of time period for filing the following forms as mentioned below without levy of additional fees:

ICSI celebrates 33rd PCS Day

June 15, 2021 3900 Views 0 comment Print

On 15th June, 1988, Company Secretaries in Practise were accorded with the most remarkable recognition of certifying Annual Returns under the erstwhile Companies Act, 1956. Since then the Institute of Company Secretaries of India celebrates 15th June as PCS Day every year.

CBIC Chairman Weekly Newsletter Dated:15.06.2021

June 15, 2021 654 Views 1 comment Print

Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes & Customs North Block, New Delhi-110001 Tel. No.: +91-11-23092849, Fax : +91-11-23092890 E-mail : ajit.m@gov.in D.O. No. 73/CH(IC)/2020 Date: 15th June 2021 Today i.e. 15.06.2021 marks the completion of one year of launch of e-Office across the formations in our Department. […]

No Penalty for Non-Deduction of TDS as amount was not unquantifiable

June 14, 2021 2796 Views 0 comment Print

Biocon Ltd. Vs ITO (ITAT Bangalore) In the present facts of the case, the provision created at the end of the accounting year has not been credited to the relevant parties to whom the payments has to be made for the reason that it was unquantifiable. Further, assessee has suo moto disallowed the said sum […]

Extended period of limitation not invocable against NRSA

June 14, 2021 1470 Views 0 comment Print

Commissioner Vs National Remote Sensing Agency (Telangana High Court) the only issue which this Court is now required to consider is as to whether the respondent-NRSA had any intent to evade service tax on its activities during the period 16.07.2001 to 31.03.2005 and on advances received during the period 16.06.2005 to 31.12.2005, justifying the action […]

PFRDA (Point of Presence) (Amendment) Regulations, 2021

June 14, 2021 1611 Views 0 comment Print

These regulations may be called the Pension Fund Regulatory and Development Authority (Point of Presence) (Amendment) Regulations, 2021.

Cenvat credit eligible on service tax of commissions paid to commission agents

June 14, 2021 747 Views 0 comment Print

The issue that arises for consideration is that whether the appellants are eligible to avail Cenvat credit on the service tax of commissions paid to commission agents in regard to sales promotion of their products. At the time of hearing, the learned counsel Shri M.N. Bharathi submitted that the department has denied the credit alleging that it is post manufacturing activity.

No need for immediate change in COVISHIELD dosage interval

June 13, 2021 1098 Views 0 comment Print

There have been some media reports, quoting recent studies, that it would be better to shorten the gap between two doses of COVISHIELD vaccine, in light of the variants in circulation.

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