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The Major Disadvantages of Bad Credit

March 10, 2021 1491 Views 5 comments Print

Ideally, all the decisions we make in life involve considering both the pros and cons of possible outcomes. Check out the article written by Ali Sami Farooq to know more. Most things in life have both positive and negative sides, and our actions should be – though not always – based on the fact that […]

Buy Back of Shares/Securities under Companies Act & SEBI Regulations

March 10, 2021 37749 Views 0 comment Print

Buy Back of Shares/Securities As Per Companies Act And SEBI Regulations (Buy Back of Securities) 2018  Statutory Provisions of Buy-Back of Shares as Per Companies Act 2013 and SEBI Act SEBI Regulations (Buy Back of Securities) 2018 Criteria Tender Offer Stock Market Book-Building Meaning Buy-back by a Letter of Offer to shareholders @ Fixed Price […]

SC: Exclude Period from 15.03.2020 to 14.03.2021 in computing Limitation Period

March 10, 2021 2583 Views 1 comment Print

[Suo motu Writ Petition (Civil) No. 3 of 2020, In Re: Cognizance for Extension of Limitation] The Supreme Court on 08th March, 2021 decided to end the extended limitation period granted to litigants for filing appeals. A Bench led by Chief Justice of India (CJI) S.A. Bobde, on March 23 last year, invoked its extraordinary […]

E- Invoices for turnover exceeding Rs 50 Crores w.e.f. 01.04.2021

March 10, 2021 40530 Views 9 comments Print

Sub-rule (4), (5) and (6) were inserted in Rule 48 (Manner of issuing Invoice) of the Central Goods and Services Tax Rules, 2017 (“CGST Rules”) vide Notification No. 68/2019 -Central Tax dated 13th December, 2019 in respect to generate e-invoice as under- “Rule (4) The invoice shall be prepared by such class of registered persons as […]

16 Bullet Points on GST HSN Code Requirements wef 01.04.2021

March 10, 2021 89037 Views 14 comments Print

16 Bullet Points to be taken care of while implementing HSN digits from the new financial year 2021-22 A major change for which the businesses have to gear up starting 01st April 2021 is mentioning of HSN codes on all the tax invoices. Major points to be considered for this new provision are as below: […]

Ombudsman Scheme Under Insurance Industry

March 9, 2021 10896 Views 2 comments Print

OMBUDSMAN: An Ombudsman is an officer ,appointed by the Government , who investigate complaints ,lodged by citizen against Government, Universities, Colleges , Municipalities, Companies, Financial Institutions etc., and attempt to resolve the complaint with mediation or marking recommendations. “Ombudsman” is taken from a Swedish word it means “ Legal Representative”, appointed to investigate the cases […]

Tax on Purchase of Property-Some Points to Keep in Mind while Buying Property

March 9, 2021 151773 Views 15 comments Print

Buying property is dream come true for buyers. Every person wants to earn and purchase property which he or she can own in his or his family members and loved one name. Buyers invests his hard-earned money in buying property and many a times land up in difficult situation because everyone knows that tax is […]

Evolution of Performance of Board of Directors

March 9, 2021 18264 Views 1 comment Print

Evolution is a process through which a company access performance , ability ,virtues and eligibilities of its Board of members. Evolution is a process based on some fixed parameters on which performance of Board members are accessed. Performance evaluation is the process of evaluating how effectively employees are fulfilling their job responsibilities and contributing to […]

E-invoicing/QR Code on invoices- Latest NN 05/2021 dated 8/3/2021 -The Specter of “Notifications”

March 9, 2021 8136 Views 0 comment Print

E-invoicing/QR Code on invoices- Latest NN 05/2021 did. 8/3/2021 -The Specter of Notifications Opening Remarks: To the one who has tracked the E invoice and QR’s nascency and adolescence, cannot help be ‘sadly amused’  by the ironical twists and histrionics of the ‘Notification Apparition’. The turn of events, as will be discussed in the following […]

Supreme Court: Period from 15.03.2020 to 14.03.2021 to be excluded from limitation period

March 9, 2021 10884 Views 3 comments Print

SC lifted the extension of the limitation period for filing of cases, granted by the Court vide Order dated March 23, 2020 on account of COVID-19 pandemic and the national lockdown which was extended from time to time

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