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Section 10(46) CBDT notifies Haryana Electricity Regulatory Commission

September 5, 2022 897 Views 0 comment Print

CBDT notifies Haryana Electricity Regulatory Commission under Section 10(46) of income Tax Act, 1961 vide Notification No. 108/2022 – Income Tax | Dated: 5th September, 2022 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) New Delhi Notification No. 108/2022 – Income Tax | Dated: 5th September, 2022 S.O. 4155(E).—In exercise of the powers […]

CBDT notifies CERSAI under Section 10(46)

September 5, 2022 3006 Views 0 comment Print

CBDT notifies ‘Central Registry of Securitisation Asset Reconstruction and Security Interest of India (CERSAI )’ under Section 10(46) of income Tax Act, 1961 vide Notification No. 107/2022 – Income Tax | Dated: 5th September, 2022 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) New Delhi Notification No. 107/2022 – Income Tax | […]

Chinese Loan App Case – ED searches 6 premises in Bengaluru

September 3, 2022 1113 Views 0 comment Print

ED carried out search operations on 02.09.2022 at 06 premises in Bengaluru, in respect to an investigation relating to Chinese Loan App Case

RBI Guidelines on Digital Lending

September 2, 2022 3243 Views 0 comment Print

Digital Lending Apps/Platforms (DLAs): Mobile and web-based applications with user interface that facilitate digital lending services. DLAs will include apps of the Regulated Entities (REs) as well as those operated by Lending Service Providers (LSPs) engaged by REs for extending any credit facilitation services in conformity with extant outsourcing guidelines issued by the Reserve Bank.

SEBI cautions against unregulated platforms offering algorithmic strategies for trading

September 2, 2022 4512 Views 0 comment Print

It has come to notice of SEBI that stock brokers provide algorithmic trading facility to investors through such platforms. In order to prevent any mis-selling and to protect the interest of investors in securities market, SEBI has now issued a circular

CBDT notifies Control of income-tax authorities under Section 118

September 2, 2022 2415 Views 0 comment Print

CBDT notifies Control of income-tax authorities under Section 118 of the Income-tax Act, 1961 vide Notification No. 106/2022- Income Tax | Dated: 2nd September, 2022. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) New Delhi Notification No. 106/2022- Income Tax | Dated: 2nd September, 2022 S.O. 4156(E).—In exercise of the powers conferred by […]

Siphoning off foreign exchange – ED attaches properties of G V Films

September 2, 2022 1029 Views 0 comment Print

ED has seized immovable property at Thanjavur valued at Rs. 8.94 Crore belonging to M/s G V Films Limited, Chennai under FEMA, 1999 in connection with siphoning off foreign exchange in the guise of issuance of 6.4 million number of Global Depository Receipts (GDR) to the tune of Rs. 345.6 Crore. Press Release 01.09.2022 Directorate […]

63 SCN issued to manufacturers/importers of weighing & measuring instruments

September 1, 2022 1206 Views 0 comment Print

Centre issues 63 show cause notices to the manufactures/importers of weighing and measuring instruments to seek details of compliance Centre, through Department of Legal Metrology has issued 63 show cause notices to the manufacturers/importers of the weighing and measuring instruments for seeking details of compliance. The notices were issued to manufacturers/ importers/ sellers on e-commerce […]

ICAI President’s Message – September 2022

September 1, 2022 2379 Views 0 comment Print

It is a pleasure to inform you all that the Direct Taxes Committee of ICAI has released the much awaited and thoroughly revised edition of its flagship publication ‘Guidance Note on Tax Audit under section 44AB of the Income-tax Act, 1961 – AY 2022-23’.

CBDT relaxes quoting of PAN-Aadhaar No. in certain transactions

September 1, 2022 4380 Views 0 comment Print

CBDT relaxes quoting of PAN-Aadhaar No. in certain transactions vide Notification No. 105/2022 -Income Tax | Dated: 1st September, 2022. MINISTRY OF FINANCE (Department of Revenue) (Central Board of Taxes) New Delhi Notification No. 105/2022 -Income Tax | Dated: 1st September, 2022 G.S.R. 677(E).—In exercise of the powers conferred by section 139A read with section 295 […]

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