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Additional Requirements for Finance Company as Ship Leasing Lessor

May 8, 2024 300 Views 0 comment Print

IFSCA issued a circular dated May 8, 2024, addressing finance companies registered with IFSCA for ship leasing activity. The circular outlines additional requirements for carrying out permissible activities under the ‘Framework for Ship Leasing.’

ICAI Disciplinary Committee Ruling against a CA & six CA firms affiliated with PwC

May 8, 2024 2781 Views 0 comment Print

The ICAI Disciplinary Committee imposes penalties on Neeraj Kumar Gupta for professional misconduct. Read the detailed analysis of the 2024 verdict.

Yellow Pea Imports Free from MIP & Port Restrictions till October 31, 2024

May 8, 2024 435 Views 0 comment Print

Get details on the extension of import period for Yellow Peas under ITC (HS) Code 07131010 by the Government of India. Read Notification No.12/2024-25-DGFT here.

SEBI Master Circular for Registrars to an Issue and Share Transfer Agents

May 7, 2024 1890 Views 0 comment Print

Stay updated with SEBI’s latest directives for Registrars to an Issue and Share Transfer Agents (RTAs) in the 2024 Master Circular. Access all relevant circulars in one place.

ICAI Penalizes CA for Negligence in Certifying Form 8

May 7, 2024 1503 Views 0 comment Print

The case revolves around allegations of negligence and failure to exercise due diligence while certifying Form 8 and reporting financial transactions accurately.

Optical Line Terminals not Eligible for Concessional Duty rate: CAAR Mumbai

May 7, 2024 333 Views 0 comment Print

Explore the ruling by Customs Authority of Advance Ruling, Mumbai, on whether Optical Line Terminals qualify for a concessional Basic Customs Duty rate of 10%.

Draft Static and Mobile Pressure Vessels (Unfired) Rules (Amendment), 2024

May 7, 2024 627 Views 0 comment Print

The Indian government proposes amendments to the Static and Mobile Pressure Vessels (Unfired) Rules, 2016, with new definitions and regulations. Feedback invited.

ICAI Disciplinary Board Has No Jurisdiction over Civil Property Disputes

May 7, 2024 387 Views 0 comment Print

Dive into the detailed analysis of a property dispute case involving CA Prasan Kumar Deshlahra, highlighting findings, allegations, hearings, and the Board of Discipline’s conclusion.

CA’s Facebook Post: No Misconduct Without Malicious Intent or Defamation- ICAI

May 7, 2024 2853 Views 0 comment Print

Explore the findings of a disciplinary board regarding a CA’s Facebook post on the New Code of Ethics. Was it misconduct or freedom of speech? Dive into the analysis.

ICAI disciplinary board closes Time-Barred Case filed after 11 years 

May 7, 2024 432 Views 0 comment Print

Explore the case analysis of CA Rajesh Nakra’s alleged involvement in a bribery case, leading to a detailed examination of the proceedings and the Board’s decision.

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