Follow Us:

Advisory on Treatment of Various Items of Cost in view of COVID19

April 4, 2021 1206 Views 0 comment Print

Advisory on the Treatment of various items of Cost in light of Covid-19 pandemic & their Presentation / Disclosures in form CRA 3 of The Companies (Cost Records & Audit) Rules 2014 relating to the Accounting Period ending March 31, 2021

Request for extension of time to file returns of income

April 2, 2021 54042 Views 53 comments Print

Request for extension of time to file the returns of income U/s. 139(4) of the Income-tax Act 1961 (the Act) – Unsatisfactory working of income tax computer portal and spread of another wave of Corona virus in certain parts of country

CIT (A) cannot delve on any issue not arising from assessment order

April 1, 2021 3681 Views 0 comment Print

United Provinces Sugar Company Ltd Vs ITO (ITAT Kolkata) A perusal of the propositions of law laid down in all these case-law, takes us to the conclusion that the ld. CIT(A) cannot touch or delve on any issue which does not arise from the order of assessment and which was outside the scope of or […]

IRDAI Guidelines for Practical Training for Surveyors & Loss Assessors

April 1, 2021 5379 Views 0 comment Print

a) Institutional Practical training for Two Months with National Insurance Academy (NIA) or Insurance Institute of India (III). This should include but not limited to the following: (i) Introduction to different types of policies, endorsements, various terminologies used in insurance, and nature of claims;

Standard Technical Note (Template)- Health Insurance

April 1, 2021 1590 Views 0 comment Print

In order to expedite the product clearance process, it has been decided to standardize the Technical Note so that insurers can provide all necessary details in a prescribed standard format. This will help to ensure uniformity amongst insurers in the matter of filing pricing and product related information for health insurance products.

All stake holders are treading in new GST regime with uncertainties: HC

April 1, 2021 1068 Views 0 comment Print

H.R. Enterprises Vs State Of Rajasthan (Rajasthan High Court at Jodhpur) High Court observed that The assessees and the authorities under CGST/SGST/IGST are giving their own interpretation of the provisions of the Act relating to Goods in Transit. All stake holders are treading in the new GST regime with uncertainties as the path is comparatively […]

Amendment to Orders under Para 3 & 4 of Faceless Penalty Scheme, 2021

April 1, 2021 2358 Views 0 comment Print

The words National Faceless Assessment Centre (NeAC) and Regional Faceless Assessment Centre (ReAC) shall henceforth be read as National Faceless Assessment Centre (NaFAC) and Regional Faceless Assessment Centre (ReFAC) respectively.

RBI extends timeline for processing of recurring online transactions

March 31, 2021 1125 Views 0 comment Print

To prevent any inconvenience to the customers, Reserve Bank has decided to extend the timeline for the stakeholders to migrate to the framework by six months, i.e., till September 30, 2021.

Panel of Insolvency Professionals for appointment as Administrator

March 31, 2021 1260 Views 0 comment Print

Panel of IPs prepared in accordance with ‘Guidelines for Appointment of IPs as Administrators under the SEBI (Appointment of Administrator and Procedure for Refunding to the Investors) Regulations, 2018 for appointment as Administrator for a period from April 1, 2021 to September 30, 2021.

Emergency Credit Line Guarantee Scheme 1.0 & 2.0 extended upto 30.6.2021

March 31, 2021 1104 Views 0 comment Print

ECLGS 3.0 would involve extension of credit of upto 40% of total credit outstanding across all lending institutions as on 29.02.2020. The tenor of loans granted under ECLGS 3.0 shall be 6 years including moratorium period of 2 years.

Search Post by Date
July 2026
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031