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Latest Articles


Aligning ESG Compliance With SDGS: Addressing The Lacunae

SEBI : Explore how aligning ESG compliance with SDGs can bridge gaps in corporate sustainability, ensuring a holistic approach to environ...

July 9, 2024 510 Views 0 comment Print

Effect of Global Pandemic on Evolution of Corporate Insolvency Laws

Corporate Law : Explore the evolution of corporate insolvency laws pre and post the pandemic. Learn about the challenges faced, judicial interpret...

April 23, 2024 318 Views 0 comment Print

Going Concern – Standards on Auditing (SA) 570

CA, CS, CMA : Explore the significance of SA 570 in financial audits, focusing on the going concern basis, auditor responsibilities, risk assess...

March 5, 2024 1365 Views 0 comment Print

Delhi HC Directs E-Filing Overhaul and Record Digitization in District Courts

Corporate Law : Delhi High Court issues landmark directions for e-filing and digitization in district courts, streamlining procedures and ensuring...

January 17, 2024 315 Views 0 comment Print

Revisiting POSH Policy- Post Covid Scenario

Corporate Law : Explore the evolving landscape of POSH policies post-COVID. Discover key amendments and crucial clauses for a comprehensive Sexual...

July 31, 2023 960 Views 0 comment Print


Latest News


Representation on Incorrect/Delay In Submitting Application U/S 12A(1)(ac)

CA, CS, CMA : Explore the challenges faced by Charitable Trusts due to delays or errors in submitting applications under Section 12A(1)(ac) of t...

April 8, 2024 9660 Views 1 comment Print

Parliament’s Interim Budget Session 2024 Concludes Successfully

Finance : Interim Budget Session 2024 sees high productivity with 12 Bills passed, Lok Sabha and Rajya Sabha exceeding performance targets....

February 12, 2024 558 Views 0 comment Print

Centre’s Advisory Amid COVID Surge: States Urged for Vigilance & Genome Sequencing

Corporate Law : Stay vigilant against COVID-19 surge! Centre issues advisory to states, emphasizing vigilance, district-wise monitoring, and incre...

December 19, 2023 435 Views 0 comment Print

ICAI BoS Live Learning Classes for CA Final & Intermediate May 2024 Exams

CA, CS, CMA : Join free BoS Live Learning Classes by ICAI for CA Final & Intermediate courses appearing in May 2024 exams. Get expert guidance a...

September 21, 2023 9516 Views 0 comment Print

Vivad se Vishwas scheme for relief to MSMEs – Last date to Submit claims till 30.06.2023

Corporate Law : Vivad se Vishwas scheme for relief to MSMEs for COVID-19 period was commenced from 17.04.2023 & last date for submission of claims...

May 2, 2023 2556 Views 0 comment Print


Latest Judiciary


Calcutta HC provides Relief to Petitioner Amid absence of GST Appellate Tribunal

Goods and Services Tax : Calcutta HC grants relief to petitioner Amit Kumar Singh due to the absence of a GST Appellate Tribunal, directing partial tax dep...

July 1, 2024 372 Views 0 comment Print

Kerala High Court Directs Deferred Repayment Plan in Loan Recovery Case

Corporate Law : Kerala High Court intervenes in coercive recovery proceedings against petitioners for financial advance default, granting time for...

May 26, 2024 159 Views 0 comment Print

TDS Return Filing in Form 24Q Instead of 26Q Shouldn’t Attract Late Fees if No Revenue Loss

Income Tax : Read the detailed analysis of Birla Cement Works STFF Provident Fund's appeal against the late fee imposed under section 234E of t...

May 22, 2024 3192 Views 0 comment Print

Madras HC condone delay in filing ITR due to CA’s illness and demise

Income Tax : Seramudali Kabeer Hamidali's delay in filing ITR due to CA's illness and demise is condoned by Madras HC, setting aside rejection ...

May 12, 2024 414 Views 0 comment Print

Late fees for belated GSTR 9C cannot be levied if filed before commencement of amnesty 

Goods and Services Tax : Kerala High Court ruling deems notice demanding late fees on GSTR-9C filed pre-GST Amnesty Scheme unjust. Full text analysis provi...

April 23, 2024 11007 Views 0 comment Print


Latest Notifications


Extension of time limit for compliance under section 54 to 54GB

Income Tax : For claiming exemption Section 54 to 54 GB of the Act, for which last date falls between 01st April. 2021 to 28th February, 2022 m...

January 6, 2023 19797 Views 1 comment Print

No CS was willing to join hospital after Covid-19 pandemic – Penalty reduced

Company Law : After the Covid-19 pandemic no Company Secretary from far of places shown interest to come and join in a hospital business as the ...

November 10, 2022 756 Views 0 comment Print

CBDT notifies conditions for exemption to money received from employer or other person in Covid cases by family of deceased

Income Tax : CBDT specifies conditions for exemption to money received from employer or other person in Covid cases by family of deceased ide N...

August 5, 2022 2598 Views 0 comment Print

Amount received for Covid-19 Treatment from any person- CBDT notifies conditions & Forms

Income Tax : Clause (XII) of the first proviso of clause (x) of sub-section (2) of section 56 of the Income-tax Act, 1961 provides that any sum...

August 5, 2022 1812 Views 0 comment Print

Document to be submitted by employee to claim exemption on sum received for COVID-19 treatment

Income Tax : CBDT specifies Document to be submitted by employee to claim exemption on sum received for COVID-19 treatment vide Notification No...

August 5, 2022 1530 Views 0 comment Print


SEBI Relaxes compliance requirements pertaining to Mutual Funds

March 23, 2020 885 Views 0 comment Print

In light of the recent market events pursuant to COVID 19, a need has been felt for temporary relaxations with respect to compliance requirements for Mutual Funds. Accordingly, SEBI has decided to grant the following relaxations specified in SEBI (Mutual Funds) Regulations, 1996

Be sensitive to constraints of taxpayers & treat them with empathy: CBIC Chairman

March 23, 2020 651 Views 0 comment Print

While I have been reminding you every week to keep your focus on revenue, in the current situation, we need to be sensitive to the constraints of taxpayers and treat them with empathy. The days ahead may test our mettle but I am sure our senior officers will be able to provide the leadership and guidance to enable our officers and staff to cope with the challenges.

Covid-19 Global Pandemic Related Instructions to Life Insurers

March 23, 2020 978 Views 0 comment Print

This has reference to various measures being taken by Central and State Governments including lockdown of certain states impacting the normal functioning of offices and the possible difficulties to policyholders in accessing various services including timely payment of premium, settlement of claims. In this regard the following directions are being issued under Section 34(1)(a) of the Insurance Act,1938.

MCA Guidelines to File MCA E-form CAR-2020 & Key Features

March 23, 2020 4425 Views 2 comments Print

Introduction: Ministry of Corporate Affairs vide a notification dated 20.02.2020 conveyed and strongly advised to all the Companies and LLPs  to put in place an immediate plan to implement ‘Work from Home’ Policy in their headquarters and field offices.  > MCA has came up with a new web based form CAR (Companies Affirmation of Readiness […]

Banks may selectively keep their branches open after discussion with authorities: IBA

March 23, 2020 2802 Views 0 comment Print

Lock down and suspension of public transport services has been announced by many Local authorities/State Governments  to curtail the spread of  COVID 19 across various geographies. Keeping this in view , after due deliberation, it is suggested that Member Banks may selectively keep their branches open at such locations after due consultation  with  the  local  state  government/authorities  to  carry  out  the   basic   essential transactions as per appeal circulated today.

Relaxation from compliance to REITs and InvITs -CoVID -19 Impact

March 23, 2020 507 Views 0 comment Print

Due to the developments arising due to the spread of the COVID 19 virus, a need for temporary relaxations in compliance requirements for REITs and InvITs is warranted. Accordingly, it has been decided to extend the due date for regulatory filings and compliances for REIT and InvIT for the period ending March 31, 2020 by one month over and above the timelines, prescribed under SEBI (Infrastructure Investment Trusts) Regulations, 2014 (InvIT Regulations) and SEBI (Real estate Investment Trusts) Regulations, 2014 (REIT Regulations) and circulars issued thereunder.

Extend time barring date, Shut Down I-T Offices: Rajasthan IRS

March 23, 2020 8925 Views 1 comment Print

Neena Nigam, IRS posted at Rajasthan requested CBDT Chairman that instructions may be issued for complete shutdown of Income tax offices in Rajasthan  and extend time barring date i.e. 31.03.2020 for all the proceedings in Income tax Act and to extend deadlines in other Acts implemented by the Income tax Department. Neena Nigam, IRS Principal […]

IRDAI releaxes Payment dates of life / health insurance policies

March 23, 2020 735 Views 0 comment Print

Insurance Regulatory and Development Authority Date:23-03-2020 PRESS RELEASE To prevent the spread of Covid-19, Government of India has initiated various measures. Several States have enforced lock-down in some areas. This may result in some disruption in the operations of insurance companies and other entities connected with insurance industry. To ensure proper service to policyholders and […]

Application date to import 4 Lakh MT Urad for fiscal year 2020-21 extended

March 23, 2020 309 Views 0 comment Print

Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade 23rd March, 2020 TRADE NOTICE NO. 58/2019-2020 To 1. Regional Authorities of DGFT 2. Customs Commissionarates 3. Members of Trade 4. Joint Secretary (Customs), CBIC, Department of Revenue. Subject: Modalities for import of 4 Lakh MT of Urad for […]

CAR Form – Company Affirmation of Readiness Towards COVID-19

March 23, 2020 7956 Views 0 comment Print

MCA has introduced a new form CAR (Company Affirmation of Readiness towards COVID-19) w.e.f. 23rd March, 2020. Following type of entities have to file Form CAR-2020: -Company -LLP -Foreign Company -Foreign LLP Key Features of Form It is Web based form (need to file online) There are no fees for this form. No need of […]

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