Advance Ruling Name of the Applicant:- M/s Crown Tour and Travels Advance Ruling No. :- RAJ/AAR/2019-20/25 Date Of Ruling :- 26/11/2019 Brief facts of case:- The application in business of providing Tour Operator as well Support Services in particular set of transactions, the Applicant received service orders from the main tour operator to operator to […]
As I promised in previous post related to GST Registration requirement, If covered under bill to ship to model? That I will provide the solutions relating to Litigation posted in previous post on sec 10(1)(a) and 10(1)(b). However, Following Advance Ruling covered same litigation as we already discussed in our previous post, that provides you […]
The GST Council, in its 39th meeting held on 14th March 2020, had recommended to adopt and implement linking of GSTR-1 & GSTR-2A with GSTR-3B. As we know GSTR-2A is a dynamic return, so to solve this issue, GSTR-2B has been introduced. All About GSTR-2B The GST Council, in its 39th meeting held on 14th […]
An employee cannot be Removed or Reduced in Rank Due to Disability –Punjab and Haryana High Court The Punjab and Haryana High Court has on 25th August 2020 has passed a ruling reaffirming his right to work and confirming that a person with a physical disability has the right to continue his job and a mere disability cannot be […]
The market regulator has proposed relaxing norms pertaining to 25 percent minimum public shareholding for companies that undergo corporate insolvency resolution process and seek to relist afterward. SEBI’s proposal comes from the insolvency proceedings of Ruchi Soya Industries extreme share price movement after the company went through insolvency proceedings, the SEBI proposed to change the minimum public shareholdings norms for entities undergoing insolvency […]
Compliance requirement of the Online Payment Gateway Channels in Indian and regulatory requirements for the overseas e-Commerce operators in India. DETAILED REPORT ON THE COMPLIANCE REQUIREMENT OF THE ONLINE PAYMENT GATEWAY CHANNELS IN INDIAN AND REGULATORY REQUIREMENTS FOR THE OVERSEAS COMPANY FOR DOING E-COMMERCE OPERATIONS IN INDIA. 1. Brief History of Payment Gateways with their […]
Extension of Annual General Meeting (AGM) for the financial year ended as on 31st March,2020 through e-form GNL-1 Due to spread of novel corona virus pandemic and consequent nationwide lockdown announced by Government of India, several representations were made to Ministry of Corporate affairs (MCA) to allow companies to hold their annual general meeting (AGM) […]
Some technical aspects of faceless assessment 1. It is electronic mode procedure, no need to go department. 2. No Human interface 3. This is applicable on section 143(3) and 144. 4. Cases to be allocated to assessment units in a random manner 5. Central Cell to be the single point of contact between taxpayer and […]
This article is about judgment of NCALT/NCLT in the matter of STATE BANK OF INDA V. M/S METENERE Ltd, on aspect of Interim Resolution Professional (herein refers as IRP). NCALT affirmed in the judgement in which it has been held that an ex-employee of creditor, having long association with creditor should be substituted, because he […]
According to Section 2(51) of the Companies Act 2013, Key Managerial Personnel in a Company are: -Chief executive Officer (CEO) OR the Managing Director. -Chief Financial Officer (CFO). -Manager -Company Secretary (CS). -Whole-Time Director. These are a group of people who are in charge of managing the operations of a Company; they are responsible for […]
