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Dispute Resolution Mechanism for Limited Purpose Clearing Corporation

April 17, 2023 1122 Views 0 comment Print

Dispute Resolution Mechanism for Limited Purpose Clearing Corporation (LPCC) for Disputes between Clearing Members inter-se, Disputes between Clearing Member or its Clients and the LPCC, Disputes Between the Clearing Member(s) and their Clients and Disputes between the LPCC and its vendors/suppliers/service providers. Securities and Exchange Board of India Circular No. SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/57 Dated:  April 17, 2023 To […]

PFRDA (National Pension System Trust) (Amendment) Regulations, 2023

April 17, 2023 1731 Views 0 comment Print

These regulations may be called the Pension Fund Regulatory and Development Authority (National Pension System Trust) (Amendment) Regulations, 2023.

Amendments in condition for import of Gold under TRQ under India-UAE CEPA

April 17, 2023 3351 Views 0 comment Print

Condition (g) regarding manufacturer requirement for import of Gold under HS code 7108 under the TRQ of India UAE CEPA has been waived off

Registration of Importers as per provision of Plastic Waste Management Rues, 2016, as amended

April 17, 2023 3240 Views 1 comment Print

As a background, importers of plastic packaging product or products with plastic packaging or carry bags or multi-layered packaging or plastic sheets or like require registration with CPCB/SPCB/PCC at the time of clearance.

ICAI CPE Hours requirements Calendar year wise from year 2023

April 17, 2023 1914 Views 0 comment Print

Continuing Professional Education Committee The Institute of Chartered Accountants of India 12th April, 2023 Granting of 4 Structured CPE hours in online mode through Digital Learning Hub and compliance of CPE Hours requirements Calendar year wise from calendar year 2023 onwards. Dear Members, Kind attention of the members is drawn towards the following decisions of […]

Exemption from GST on Liquidated Damages: Arbitral Award & Mutual Agreement

April 17, 2023 6963 Views 0 comment Print

This article analyzes the arbitral award and mutual agreement, providing insights into the taxability of compensation without supply of goods or services under GST guidelines.

MCA Imposes Penalty of Rs. 13,00,000 for non-submission of Balance Sheet

April 17, 2023 972 Views 0 comment Print

Learn about the penalties imposed on RAMUDRAURBAN BACHAT MUTUAL BENEFIT NIDHI LIMITED for violating the Companies Act, 2013. Understand the violations, fines, and the appeal process

No section 271(1)(c) penalty when Sustainability of Addition is debatable

April 16, 2023 1506 Views 0 comment Print

Manjulata Sahoo Vs PCIT (ITAT Cuttack) It was the submission that against the order of the Tribunal, the assessee has filed appeal before the Hon’ble Jurisdictional High court of Orissa and the Hon’ble Jurisdictional High Court of Orissa was pleased to admit the appeal of the assessee in ITA No.8 of 2021 vide order dated […]

Road permit should not be insisted if Assessee possesses valid e-way bills

April 16, 2023 525 Views 0 comment Print

Tzudi Forest Products Vs State of Assam (Guwahati High Court) The grievance of the petitioner is against the action of the respondents in seeking road permit for transporting goods/forest products after obtaining e-way bills. It is the case of the petitioner that previously, there were check gates but, however after coming into effect the Goods […]

HC dismisses request for Amendment of TRAN-1 for filing too late

April 16, 2023 489 Views 0 comment Print

Sugan Clothing Vs Assistant Commissioner of GST & CE (Madras High Court) The petitioner is an assessee under the provisions of the Central Goods and Services Tax Act, 2017 (in short ‘Act’) and challenges an order passed by the 2nd respondent dated 05.03.2020 rejecting the request for amendment of TRAN-1. 2. I am of the considered […]

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