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Section 144B(7) get triggers if petitioner’s income got varied

August 3, 2021 1857 Views 0 comment Print

Satia Industries Limited Vs National Faceless Assessment Centre (Delhi High Court) In the case of Satia Industries Limited Vs. National Faceless Assessment Centre, Delhi in W.P.(C ) 5587/2021 & CM APPL. 17382/2021 (Delhi High Court), it has been considered that since an adverse view was taken, and petitioner’s income got varied, provisions of section 144B(7) […]

Framework for Outsourcing of Payment and Settlement-related Activities by Payment System Operators

August 3, 2021 831 Views 0 comment Print

The Payment System Operators (PSOs), by virtue of services they provide and the construct of models on which they operate, largely outsource their payment and settlement-related activities to various other entities.

CBDT notifies pension fund ‘Ontario Inc.’ U/s. 10(23FE)

August 3, 2021 1377 Views 0 comment Print

Central Government hereby specifies ‘ Ontario Inc.’, as the specified person for the purposes of sub-clause (iv) of clause (c) of the Explanation 1 to clause (23FE) of section 10 of Income-tax Act, 1961 in respect of the eligible investment made by it in India on or after 3rd August, 2021 but on or before […]

SEBI (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2021

August 3, 2021 7788 Views 0 comment Print

These regulations may be called the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2021. They shall come into force on the date of their publication in the Official Gazette.

SEBI (Regulatory Sandbox) (Amendment) Regulations, 2021

August 3, 2021 1827 Views 0 comment Print

These regulations may be called the Securities and Exchange Board of India (Regulatory Sandbox) (Amendment) Regulations, 2021. They shall come into force from 3rd August, 2021.

Constitution (Scheduled Tribes) Order (Amendment) Bill, 2021

August 2, 2021 528 Views 0 comment Print

Constitution (Scheduled Tribes) Order (Amendment) Bill, 2021 was introduced in Rajya Sabha on 02nd August 2021. Constitution (Scheduled Tribes) Order (Amendment) Bill, 2021 further amend the Constitution (Scheduled Tribes) Order, 1950 to modify the list of Scheduled Tribes in relation to the State of Arunachal Pradesh. Full text of the Bill is as follows:- AS […]

Central Motor Vehicles (Sixteenth Amendment) Rules, 2021

August 2, 2021 2049 Views 0 comment Print

Central Motor Vehicles (Sixteenth Amendment) Rules, 2021. Battery Operated Vehicles shall be exempted from the payment of fees for the purpose of issue or renewal of registration certificate and assignment of new registration mark.

Initiation of Anti-dumping investigation on import of ATS-8 from China

August 2, 2021 1503 Views 0 comment Print

MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF TRADE REMEDIES) INITIATION NOTIFICATION New Delhi, the 2nd August, 2021 (Case No. AD-OI-11/2021) Subject : Initiation of Anti-dumping investigation concerning imports of “(4R-Cis)-1, 1-Dimethylethyl-6-cyanomethyl-2, 2-dimethyl-1, 3-dioxane-4-acetate also known as ATS-8” originating in or exported from China PR. No- 6/11/2021-DGTR.— 1. An application has been […]

ICAI President’s Message – August 2021

August 1, 2021 1266 Views 0 comment Print

Institute of Chartered Accountants of India My Dear Professional Colleagues, For too long mankind, indiscriminately extricating natural resources has treated nature as a limitless source for its needs. In the process, what nature took millions of years to create is being used up and destroyed in a flip in the geological lifetime of the earth. […]

Shri Deepak Das takes charge as new Controller General of Accounts

August 1, 2021 1005 Views 0 comment Print

Shri Deepak Das took charge as the new Controller General of Accounts here today. Shri Deepak Das is the 25th officer to hold the position of Controller General of Accounts (CGA).

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