RESULTS OF CHARTERED ACCOUNTANTS FOUNDATION EXAMINATION HELD IN JUNE- 2022 PRESS RELEASE The result of the Foundation Examination Held in June 2022 was declared recently. The details of percentage of candidates passed in the above said examination are given below: GENDER No. of candidates appeared No. of candidates passed % of Pass No. of Exam […]
Activity of fabrication & mounting of Tanker and Tripper on chasis supplied and owned by principal is supply of Service – 18% GST Payable
ITC available on input services used for making outward taxable supply of same line of business subject to Notification No. 11/2017-CT (Rate)
Income Tax Department conducts searches in Tamil Nadu The Income Tax Department carried out search and seizure operations on 02.08.2022 in the cases of certain producers, distributors, and financiers associated with the film Industry. The search operations were conducted at almost 40 premises located in Chennai, Madurai, Coimbatore and Vellore. During the course of the […]
RBI is prohibited from disclosing borrower-wise credit information, since the credit information submitted by a bank is Confidential
Chhote Lal Gupta Vs Jai Balaji Jyoti Steels Ltd (NCLAT Delhi) Under Section 61 (2) of IBC Code, the period provided for filing the Appeal is 30 days from the date of Order. The Appellant is entitled to exclude the period for which certified copy was under preparation. Certified Copy was applied on 08th June, […]
Where surplus funds were utilized for additions to a building, which was let out and the income thereof applied for charitable or religious purposes, the utilization of such surplus was held to amount to application of income for religious or charitable purposes
If the application filed for incorporation is complete in all respect, the same is processed and approved for incorporation on an average within 1 day of filing.
There is no specific incentive mechanism in place to incentivise the effective utilisation of Corporate Social Responsibility (CSR) funds by companies as this is a regulatory requirement under Companies Act, 2013
The requirement of advance registration of minimum 5 days from the expected date of arrival of import consignment under NFMIMS has been abolished/made zero. Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade, New Delhi Notification No. 26/2015-2020 | Dated: 10th August, 2022 Subject: Amendment in minimum registration […]
