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FAQs On E-Filing on MCA Portal – Your Complete Guide

June 10, 2023 4161 Views 0 comment Print

Get answers to frequently asked questions about e-filing on the MCA portal. Learn how to apply for a company name, validity period of name approval, minimum requirements for company formation, documents to be filed with RoC, prerequisites for e-filing, and more.

Execution of Warrants by MahaRERA: Circular No. 44/2023

June 9, 2023 2241 Views 0 comment Print

Read the procedural note regarding the execution of warrants issued by the Maharashtra Real Estate Regulatory Authority (MahaRERA). Understand the legal framework, rules, and regulations for recovering interest, penalty, and compensation. Explore the importance of expedited compliance and the role of the Collectors in ensuring effective execution.

Courier Agency, Exhibition, Insurance & Internet Services qualifies for Cenvat credit

June 8, 2023 282 Views 0 comment Print

CESTAT held that services such as Courier Agency, Exhibition, Insurance, Internet fall under Input Service, thus qualifies for Cenvat credit

Bombay High Court Directs Re-adjudication of GST Registration Suspension

June 8, 2023 264 Views 0 comment Print

Bombay High Court’s ruling in Focus Ingredients Impex Vs State of Maharashtra case, centers on suspension of GST registration. Court’s directive for re-adjudication underlines importance of a fair and efficient tax system.

RBI Reviews Borrowing Limits in Call and Notice Money Markets

June 8, 2023 1416 Views 0 comment Print

Reserve Bank of India (RBI) has reviewed the borrowing limits in Call and Notice Money Markets for Scheduled Commercial Banks.

Analysis of RBI Guidelines on Default Loss Guarantee in Digital Lending

June 8, 2023 1401 Views 0 comment Print

RBI’s recent circular on guidelines for Default Loss Guarantee in Digital Lending, its potential impact on financial institutions, and its role in shaping future of digital finance in India.

IBBI Disciplinary Committee Suspends IP Registration for 1 Year

June 8, 2023 597 Views 0 comment Print

IBBI) Disciplinary Committee has suspended the registration of Mr. Brij Kishore Sharma, an Insolvency Professional (IP), for a period of one year. The suspension comes after findings of contraventions related to various violations in his role as IRP and RP in corporate insolvency resolution processes and as a Liquidator in voluntary liquidation. The Insolvency and […]

Turkish Lira Exchange Rate for Import & Export from 09.06.2023

June 8, 2023 558 Views 0 comment Print

CBIC Notifies Exchange Rate of Turkish Lira for Import & Export, effective from 09.06.2023, via Notification No. 41/2023- Customs (N.T.) dated 8th June 2023. Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs ***** Notification No. 41/2023-Customs (N.T.) Dated : 08th June, 2023 In exercise of the powers […]

Draft Guidance Note – FAIS 420 : Evidence Discovery in Digital Domain

June 6, 2023 462 Views 0 comment Print

The Forensic Accounting and Investigation Standard (FAIS) 420 on Evidence Gathering in Digital Domain provides guidance to the Professional for the gathering of electronic evidence in the Digital Domain, or DD for short (as defined in the Standard), ensuring that it satisfies the requirements of judicial scrutiny

Draft Guidance Note – FAIS 330 : Conducting Work Procedures

June 6, 2023 387 Views 0 comment Print

FAIS 330 on Conducting Work Procedures expects the Professional to conduct work procedures which give direction to effective execution of the Forensic Accounting and Investigation (FAI) assignment and help achieve its objectives.

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