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Govt extends Uday Kotak’s term as IL&FS non-exec chairman till 02.04.2022

September 21, 2021 576 Views 0 comment Print

Shri Uday Kotak, Managing Director and Chief Executive Officer of Kotak Mahindra Bank Limited would continue being the non-executive director on the board of IL&FS until April 2, 2022 MINISTRY OF FINANCE (Department of Financial Services) NOTIFICATION New Delhi, the 21st September, 2021 S.O. 3905(E).—Whereas sub-clause (i) of clause (c) of sub-section (1) of section […]

Patents (Amendment) Rules, 2021

September 21, 2021 3885 Views 0 comment Print

1. (1) These rules may be called the Patents (Amendment) Rules, 2021. (2) They shall come into force on the date of their publication in the Official Gazette.

Income Tax Dept searches leading textile & yarn manufacturer

September 21, 2021 1416 Views 0 comment Print

Income Tax Department carried out a search and seizure operation on 18.09.2021 on a leading business house of India involved in manufacture of textile and filament yarn having corporate offices in Delhi, Punjab and Kolkata.

CAIT demands CBI probe & suspension of Amazon’s portal

September 20, 2021 669 Views 0 comment Print

In a very important communication to  Shri Piyush Goyal today Confederation of All India Traders (CAIT) has urged the Govt to take immediate cognisance of the sensational news regarding Amazon’s admission of bribery to Govt officials. CAIT demanded a thorough CBI probe & suspension of Amazon’s portal. Confederation of All India Traders (CAIT) Ref. No. 3281/1/50 […]

Challenge By Tax Bar Association to New Income Tax Portal System

September 20, 2021 38364 Views 29 comments Print

The writ petition filed by the tax Bar Association before the Gauhati High Court seeking a direction from the respondent authorities to restore the old income tax portal immediately due to non functioning to the new income tax portal system (Income Tax Portal 2.0) inasmuch as the genuine tax payer who are interested in paying due taxes and submit the returns are not being able to pay the taxes and submit returns and other forms.

Application Forms for Recognition and Renewal of Market Infrastructure Institutions (MIIs)

September 20, 2021 903 Views 0 comment Print

Application for recognition of a stock exchange under regulation 5/ Application for renewal of recognition of a stock exchange under regulation 12 of the International Financial Services Centres Authority (Market Infrastructure Institutions) Regulations, 2021.

Weekly newsletter from Chairman, CBIC dated 20/09/2021

September 20, 2021 855 Views 0 comment Print

The 45th GST Council Meeting was held on 16th-17th September 2021 at Lucknow under the Chairmanship of the Union Finance Minister and the Chairperson, GST Council Smt. Nirmala Sitharaman. A series of trade friendly recommendations were discussed and agreed upon by the GST Council.

Request for extension of Rajasthan VAT Amnesty Scheme 2021

September 20, 2021 4095 Views 1 comment Print

Tax Bar Association Bhiwadi humbly request your good self to advise / direct the authorities to consider the above points and extend the Rajashthan Amnesty Scheme 2021 by at least 3 months.

Master Circular on Investments by Primary (Urban) Co-operative Banks

September 20, 2021 9783 Views 0 comment Print

Section 19 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) (BR Act, 1949 (AACS)) stipulates that no co- operative bank shall hold shares in any other co-operative society except to such extent and subject to such conditions as the Reserve Bank of India (Reserve Bank) may specify in that behalf. However, nothing contained in the section applies to –

CA IPC/Intermediate July 2021 Exam Pass Percentage & Toppers

September 19, 2021 39849 Views 1 comment Print

The Institute of Chartered Accountants of India (ICAI) today announced the results of Chartered Accountants Intermediate (IPC) & Intermediate (New) examination held in July, 2021. A. Result of Chartered Accountants Intermediate (IPC) Examination Held in July – 2021 The result of the Chartered Accountants Intermediate (IPC) Examination was declared recently. 1. Toppers Of Chartered Accountant […]

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