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ICAI FAQs on Company Fresh Start Scheme, 2020

April 4, 2020 2835 Views 0 comment Print

Frequently Asked Questions on Company Fresh Start Scheme, 2020 issued by the Ministry of Corporate Affairs, Government of India on 30th March, 2020 The Ministry of Corporate Affairs has issued a Circular 12/2020 dated 30th March, 2020, in order to facilitate the companies registered in India to make a fresh start on a clean slate, […]

Booking of train tickets never stopped except for lockdown period

April 3, 2020 2556 Views 0 comment Print

Rail Ministry of India has clarified on twitter that booking of reserved train tickets never stopped except for the lock down period from March 24 to April 14, 2020. CLARIFICATION A section of Media is reporting that Railways has resumed ticket booking from 15th April, which is not correct. It is clarified that booking of […]

COVID-19 lockdown- ITAT begins regular interactive sessions

April 3, 2020 453 Views 0 comment Print

The Income Tax Appellate Tribunal (ITAT) has commenced today a series of Video Conferences involving regular interactive sessions to productively utilise the time available during the 21-day lockdown to tackle the COVID-19 pandemic.

Relax compliance of Regulation 76 of SEBI- ICSI to NSDl & CDSL

April 3, 2020 5628 Views 0 comment Print

ICSI Request for relaxation from compliance with the provisions of Regulation 76 of the SEBI (Depositories and Participants) Regulations, 2018 to CDSL and NSDL.

Advisory on Amendments in SVLDRS Module

April 3, 2020 1221 Views 0 comment Print

The Designated Committee Members can issue SVLDRS Form-3 to the taxpayers on or before 31.05.2020. After 31.05.2020. Designate Committee Members will not able to issue SVLDRS Form-3, in any However, the Designated Committee Members will be able to issue Rectified SVLDRS Form-3 after 31.05.2020.

Premium payment for renewal of Motor Third Party Insurance policies during Lockdown

April 2, 2020 678 Views 0 comment Print

Premium payment for renewal of Motor Third Party Insurance policies falling due during the lockdown period (25th March, 2020 to 14th April, 2020) as a result of COVID 19 situation

MAHARERA: Revision of Project Registration Validity and Extended Timeline for Statutory Compliances

April 2, 2020 2043 Views 0 comment Print

For all MahaRERA Registered projects where completion date, revised completion date or extended completion date expires on or after 15th March 2020, the period of validity for registration of such projects shall be extended by three months. MahaRERA shall accordingly issue project registration certificates, with revised timelines for such projects, at the earliest.

FAQs on Filling forms under Vivad Se Vishwas Scheme

April 2, 2020 20919 Views 4 comments Print

Vivad Se Vishwas Scheme Q1: As per the form, the Assessee is required to mention reference number of appeal filed by it. When the matter is pending with CIT(A), Appeal No. may not be available with Assessee, as notice might not have been issued. Whether acknowledgement number of e-appeal can be mentioned? Reply : The […]

Mere permission to construct on land not results in transfer for capital gain tax

April 1, 2020 4383 Views 0 comment Print

SC held that, under the sale agreement, the Taxpayer had granted mere license to Vijay Shanthi Builders Ltd. which cannot be equated with possession of property which necessarily requires control over the property and not mere occupation and, hence, provisions of Transfer of Property Act, 1882 were not attracted.

PMLA- KYC- Small account to remain operational till June 30, 2020

April 1, 2020 1017 Views 1 comment Print

Amendment to the PML Rules, Master Direction on KYC- Notwithstanding anything contained in clauses (e) and (f) above, the small account shall remain operational between April 1, 2020 and June 30, 2020 and such other periods as may be notified by the Central Government.

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