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FAQs on User Registration on MCA Portal: Answering Common Queries

June 11, 2023 4125 Views 0 comment Print

Get answers to frequently asked questions about user registration on the MCA Portal. Learn about Internet Explorer security settings, DSC requirements, lost DSCs, blocked user IDs, and more.

No addition can be made on Absence of Corroborative and Supporting Evidence regarding Satakat found during survey of Third Party Business Premises: ITAT

June 10, 2023 1332 Views 0 comment Print

Explore the recent ITAT Surat ruling on Mukesh Agarwal vs ITO, where no addition was justified without corroborative evidence on a discovered satakat during a third-party survey.

Setting up of Finance Company in GIFT IFSC

June 9, 2023 3744 Views 0 comment Print

Experience the advantages of GIFT City and India’s IFSC. Discover a green smart city with office spaces, residential areas, schools, hospitals, and more. GIFT City is a multi-service special economic zone and global financial service hub, attracting financial providers worldwide.

Anti Money Laundering Guidelines for Real Estate Agents in Maharashtra

June 8, 2023 6735 Views 0 comment Print

Read the Anti Money Laundering, Countering the Financing of Terrorism, and Combating Proliferation Financing Guidelines for Real Estate Agents issued by Maharashtra Real Estate Regulatory Authority (MahaRERA).

Delhi HC Orders Re-Adjudication on Same-Day Notice & Reassessment Order

June 8, 2023 1011 Views 0 comment Print

In a recent judgment, the Delhi High Court set aside the order and notice issued under Section 148A(d) and 148, respectively, in the case of Premium Estates Pvt. Ltd. vs. ACIT. The court directed the Assessing Officer to conduct a de novo assessment after the petitioner received the notice on the same day as the order.

Section 271AAC Penalty not applicable if tax under section 115BBE is nil

June 8, 2023 8493 Views 0 comment Print

ITAT Hyderabad in case of Shri Vijay Kumar Reddy Vs ACIT held that section 271AAC penalty not applicable if tax under section 115BBE of Income Tax Act is nil

TDS Credit Denial Due to Assessee’s Mistake is impermissible: ITAT  Ahmedabad

June 8, 2023 1647 Views 0 comment Print

ITAT Ahmedabad, in Kunvarji Fincorp Vs DCIT held that denial of TDS credit due to assessee’s mistake or misunderstanding is impermissible

Online processing of investor service requests and complaints by RTAs

June 8, 2023 1992 Views 0 comment Print

SEBI has proposed the digitization of the process for investors to submit service requests and complaints online to RTAs.

Mutual Funds’ Participation in Repo Transactions on Corporate Debt

June 8, 2023 1302 Views 0 comment Print

Mutual funds allowed to participate in repo transactions on listed AA and above rated corporate debt securities, as well as commercial papers (CPs) and certificate of deposits (CDs).

Branch Authorization Policy for Urban Co-operative Banks

June 8, 2023 5742 Views 0 comment Print

Reserve Bank of India’s rationalization of the branch authorization policy for Urban Co-operative Banks (UCBs). Understand the new general permission for branch expansion, simplified approval process, and reporting requirements and implications of these changes on UCBs and their growth opportunities. Reserve Bank of India (RBI) has recently announced a rationalization of the branch authorization policy […]

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