Part I – Law(s) Governing the eForm NDH-3 Rule Number(s) eForm NDH-3 is required to be filed pursuant to rule 21 of the Nidhi Rules, 2014 which are reproduced for your reference. Rule 21: Every company covered under rule 2 shall file half yearly return with the Registrar in Form NDH-3 along with such fee […]
Asis Global Ltd. V. Dy. Commissioner of State Tax (NCLT Mumbai) 1. The above present Interlocutory Application has been filed by the Liquidator against the Respondent Dy. Commissioner of State Tax (Respondent No. 1) and Axis Bank Limited (Respondent No. 2) seeking direction from this Tribunal to unfreeze/lift the attachment on the Bank Account of […]
Part I – Law(s) Governing the eForm GNL-2 Section and Rule Number(s) eForm GNL-2 is required to be filed pursuant to the Companies Act, 2013 and the Companies Act, 1956. Purpose of the eForm Company can file certain documents with the Registrar of Companies by filing this eForm GNL-2 and in case there is no […]
MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, the 20th December, 2021/Agrahayana 29, 1943 (Saka) The following Act of Parliament received the assent of the President on the 18th December, 2021 and is hereby published for general information:— THE ASSISTED REPRODUCTIVE TECHNOLOGY (REGULATION) ACT, 2021 (NO. 42 OF 2021) [18th December, 2021] An Act […]
MEASURES UNDERTAKEN TO BOOST MANUFACTURING SECTOR IN INDIA The Government has undertaken the following major reforms/measures to boost manufacturing sector in the country and to make India a favoured manufacturing and investment destination: i. Production-Linked Incentive (PLI) Scheme in 14 key sectors, under the aegis of Aatma Nirbhar Bharat for enhancing India’s manufacturing capabilities and […]
Notification No. 73/2021-Customs (ADD) Dated: 17.12.2021- Seeks to impose Anti-dumping Duty on Imports of calcined gypsum powder from Iran, Oman, Saudi Arabia and United Arab Emirates (UAE) MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 17th December, 2021 Notification No. 73/2021-Customs (ADD) G.S.R. 867(E).—Whereas, in the matter of “Calcined Gypsum Powder” (hereinafter referred to […]
Ministry of Corporate Affairs (MCA) has mandated the filing of financial statements in XBRL format for the specified class of companies for which the XBRL Taxonomies for Commercial and Industrial Sector- AS and Ind AS Based are already in place.
In re Broadcast Engineering Consultants India Limited (GST AAR Uttar Pradesh) As per Section 2 (31) of CGST Act, 2017 ‘consideration’ includes any payment made or to be made, whether in money or otherwise, in respect of, in response to, or for the inducement of, the supply of goods or services or both, whether by […]
ITO Vs Indian Youth Centre Trust (ITAT Delhi) The assessee company is a trust registered u/s 12A of the Act and is also registered u/s 80G(5)(vi). The return filed by the assessee trust was subjected to the scrutiny assessment. In the course of the scrutiny assessment the Assessing Officer took a view that the receipts […]
For commodity derivatives segment, clearing corporations shall send an additional minimum two snapshots for commodity derivative contracts which are traded till 9:00 PM and additional minimum three snapshots for the commodity derivatives contracts which are traded till 11:30/11:55 PM. Margins/EOD margins shall be determined as per the relevant Risk Parameter Files.