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23.45 crore e-KYC transactions executed via Aadhaar in August

October 2, 2022 834 Views 0 comment Print

23.45 crore e-KYC transactions executed via Aadhaar in August Almost 220 crore Aadhaar authentications done in August, Aadhaar usage and adoption continues to grow UIDAI successfully executes 1.46 crore Aadhaar updation requests from residents during the month 24.2 lakh fresh Aadhaar enrolments happened in August; Aadhaar saturation near universal among adults in India Aadhaar usage […]

Listed companies to submit Shareholding Pattern in latest XBRL utility

September 30, 2022 3957 Views 0 comment Print

Listed companies are required to submit Shareholding Pattern by downloading the latest XBRL utility of the Exchange.

 Submission of Annual Life Certificate

September 30, 2022 2451 Views 0 comment Print

Every Central Government pensioner has to submit Annual Life Certificate in the month of November for further continuation of pension. It has been observed that a large number of Central Government pensioners physically visit bank branches for this purpose.

Amendment in Import Policy of Fresh (green) Areca Nut from Bhutan

September 28, 2022 3246 Views 0 comment Print

Import of 17,000 MTs of Fresh (green) Areca Nut without Minimum Import Price (MIP) condition shall he allowed from Bhutan every year through LCS Jaigaon (INJIG13), subject to valid Registration Certificate issued by DGFT.

Guidelines for preferential issue & institutional placement of units by a listed REIT amended

September 28, 2022 1080 Views 0 comment Print

Units of the same class, which are proposed to be allotted have been listed on a stock exchange for a period of at least six months prior to the date of issuance of notice to its unit holders for convening the meeting to pass the resolution in terms of clause 2.1 above

Guidelines for preferential issue & institutional placement of units by a listed InvIT amended

September 28, 2022 885 Views 0 comment Print

Amendments to guidelines for preferential issue and institutional placement of units by a listed InvIT vide Circular No. SEBI/HO/DDHS/DDHS_Div3/P/CIR/2022/129 | Dated: September 28, 2022. Securities and Exchange Board of India Circular No. SEBI/HO/DDHS/DDHS_Div3/P/CIR/2022/129 | Dated: September 28, 2022 To All Infrastructure Investment Trusts (“InvITs”) All Parties to InvITs All Recognised Stock Exchanges All Depositories All […]

ITAT allowed section 115BAA benefit as CIT(A) wrongly concluded that assessee not filed return of income

September 28, 2022 3156 Views 0 comment Print

Ujjivan Small Finance Bank Vs ADIT (ITAT Bangalore) In this case The CIT(A) had denied the benefit of lower tax rate u/s 115BAA of the I.T. Act for the reason that the assessee has not filed the return of income on or before the due date specified u/s 139(1) of the I.T. Act. In this […]

IBBI mandates liquidator to appoint only registered valuers wef 01.02.2019

September 28, 2022 915 Views 0 comment Print

IBBI Circular No. IBBI/RV/019/2018 dated 17.10.2018 which mandates the liquidator to appoint only registered valuers with effect from 01.02.2019 to conduct valuation under the Code and Regulations made thereunder.

IBBI (Insolvency Professionals) (Fourth Amendment) Regulations, 2022

September 28, 2022 2040 Views 0 comment Print

These regulations may be called the Insolvency and Bankruptcy Board of India (Insolvency Professionals) (Fourth Amendment) Regulations, 2022.

GST registration cannot be cancelled based on Legally Flawed Proceedings

September 27, 2022 8532 Views 0 comment Print

Pratibha-Mosinzhstroi Consortium Vs Commissioner of CGST (Delhi High Court) High Court held that Impugned order cannot cancelling GST Registration of Appellant be sustained for the following reasons which proves that entire Proceedings was Legally Flawed (i) Firstly, the SCN dated 08.07.2021 gave no clue whatsoever, as to what was the infraction committed by the petitioner-consortium, […]

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