The norms pertaining to transmission of securities to joint holders(s) are provided in clause 23 of Table F in schedule 1 read with section 56(2) & 56(4)(c) of the Companies Act 2013.
Cognizant Technology Solutions India Pvt. Ltd. Vs Commissioner of Central Excise & Service Tax (CESTAT Chennai) Service Tax refund: Certificate of existing Statutory Auditor cannot be denied for earlier period The second issue is that the auditor’s certificate is not signed by the statutory auditor who was engaged during the period when the refund is […]
The formats for limited review/ audit reports on financial information to be adopted by listed entities other than insurance companies has been given in the Annexure, as under:
Securities and Exchange Board of India CIRCULAR SEBI/HO/OIAE/IG RD/CI R/P/2021/642 October 14, 2021 To All Companies who are intending to list their securities on SEBI recognized Stock Exchanges (through SEBI registered Merchant Bankers) All recognized Stock Exchanges All registered Merchant Bankers Dear Sir/Madam, Sub: Streamlining issuance of SCORES Authentication for companies intending to list their […]
The officers of Central Goods and Services Tax (CGST) Commissionerate, Delhi East, carried out the detailed analysis and unearthed a network of fictitious exporters who were availing and utilizing fake Input Tax Credit (ITC) of Rs 134 crore under the Goods and Services Tax (GST) with an intent to claim IGST refund fraudulently.
Gopalakrishna Aswini Kumar Vs Assistant Director of Income Tax (ITAT Banglore) Hon’ble Karnataka High Court in the case of Essae Teraoka Pvt. Ltd., (supra) has taken the view that employee’s contribution under section 36(1)(va) of the Act would also be covered under section 43B of the Act and therefore if the share of the employee’s […]
CCI issues cease and desist order against firms found guilty of bid rigging and cartelization in tender floated by Eastern Railway The Competition Commission of India (CCI) issued a final order today against eight firms which were found to have contravened the provisions of Section 3(1) of the Competition Act, 2002 read with Section 3(3)(d) […]
Seeks to reduce AIDC on crude soya, sunflower and palm oils till 31.03.2022 vide Notification No. 49/2021-Customs Dated 13th October,2021. GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) Notification No. 49/2021-Customs New Delhi, the 13th October, 2021 G.S.R. 734 (E). – In exercise of the powers conferred by sub-section (1) of section 25 of the […]
Form and manner of furnishing undertaking under first proviso to section 119.- The form and manner of furnishing undertaking under Explanation to fifth and sixth proviso to Explanation 5 to clause (i) of sub-section (1) of section 9 of the Income-tax Act, 1961 (43 of 1961), as prescribed under sub-rule (1) and sub-rule (3) of rule 11UE and rule 11UF of the Income-tax Rules, 1962, shall mutatis mutandis apply to clauses (i), (ii) and (iii) of the first proviso to section 119 of the Finance Act, 2012 (23 of 2012).
In Re Spraytec India Ltd (CAAR Delhi) Product in question is a component of spray mechanism, capable of spraying fluid (aerosol) from a bottle/container. Therefore, I am of the considered opinion that goods in question can also be mounted on bottle/can of Scent spray for delivery of Scent/perfume which can be containerized under pressure. Thus, […]
