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Mukesh Ambani’s speech at RIL AGM 2021

June 25, 2021 1989 Views 0 comment Print

We Care – The Mantra That Energises New Reliance CHAIRMAN’S STATEMENT 44th Annual General Meeting (Post-IPO) Thursday, June 24, 2021 Reliance Industries Limited Growth is Life My Dear Shareowners, A very warm welcome to each and every one of you. It gives me great pleasure to greet you all at the 44 Annual General Meeting […]

ITAT directs CIT(E) to pass speaking order after considering submission & following Principal of Natural Justice

June 25, 2021 1158 Views 0 comment Print

Shree Digamber Jain Shiksha Samiti Vs CIT (E) (ITAT Agra) ITAT considered the rival contention of the parties and perused the material available on record, including the judgments cited at bar during the course of hearing by both the parties. As is evident from the paper book filed before us that the assessee has provided […]

Service Tax Refund | Date of reversal should be considered as date of payment | Cancellation of Flat Booking

June 25, 2021 2547 Views 0 comment Print

Ramesh Kumar Agarwal Vs Commissioner of Central Excise & Central GST (CESTAT Delhi) Coming to the plea of issue being barred by time, I hold that no doubt the service tax was deposited by the appellant on 4th October, 2016 and 24 October, 2016 and the refund claim has been filed on 7th May, 2018 […]

Action(s) to be initiated against listed companies for non-payment of outstanding Annual Listing Fees

June 25, 2021 11649 Views 0 comment Print

All listed entities are requested to take a note that as per the directions of Securities Exchange Board of India (SEBI) regarding Standard Operating Procedure (SOP) on actions for non-payment of Annual Listing Fees (ALF), following actions shall be taken if a listed entity fails to pay the outstanding ALF

RBI (Call, Notice and Term Money Markets) Directions, 2021

June 25, 2021 840 Views 0 comment Print

Reserve Bank of India (Call, Notice and Term Money Markets) Directions, 2021- On a review based on representations received, the prudential borrowing limits for transactions in Call, Notice and Term Money Markets have been revised.

IRDAI revokes certificate of Grand Insurance TPA (P) Limited

June 25, 2021 723 Views 0 comment Print

In the light of the violations of Regulation 19(9) of TPA Regulations, the Authority after careful consideration of the seriousness of violations observed and in exercise of the powers vested under Regulation 16(1) of IRDAI (TPA-Health Services) Regulations, 2016, hereby revokes the certificate of registration No. 029 granted to Grand TPA with immediate effect.

Appointment of Chief Risk Officer in Primary (Urban) Co-operative Banks

June 25, 2021 3342 Views 0 comment Print

The CRO shall be appointed for a fixed tenure with the approval of the Board. The CRO can be transferred / removed from the post before completion of the tenure only with the approval of the Board and such premature transfer / removal shall be reported to the concerned Regional Office3 of Department of Supervision, Reserve Bank of India.

How to use offline utilities to file Income Tax returns (ITR)

June 24, 2021 54627 Views 7 comments Print

FAQs on How to use offline utilities to file Income Tax returns (ITR) Q.1 Who can use the ITD’s offline utilities to file returns? Ans. All persons eligible to file ITR can download the offline utilities for ITRs and use them to file returns. Q.2 What is new about the ITD’s offline utility in AY […]

How to Know your ITR Status on new Income Tax Portal

June 24, 2021 80196 Views 13 comments Print

ITR status shows the current status/stage of your filed ITR. Once your ITR has been filed, you may check if it has been accepted and processed by the Income Tax Department. In certain cases where some discrepancies are found, you may need to respond to the communication from the ITD. Hence, it is advisable to periodically check your ITR status.

AS 24 – Discontinuing Operations

June 24, 2021 3609 Views 0 comment Print

Accounting Standards (AS) 24 Discontinuing Operations establish principles for reporting information about discontinuing operations, thereby enhancing the ability of users of financial statements to make projections of an enterprise’s cash flows, earnings-generating capacity, and financial position by segregating information about discontinuing operations from information about continuing operations.

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