Pitambra Books Pvt. Ltd. Vs Union of India & Ors. (Delhi High Court); W.P.(C) 627/2020; Dated: 21/01/2020 The Delhi High Court, has stayed the Paragraph 8 of Circular No. 125/44/2019-GST dated 18.11.2019 which stated that Refund Period can’t be spread across Two Financial Years and to be filed in Chronological Order. Introduction :- The petitioner […]
ICSI came with amendment Company Secretaries (Amendment) Regulations, 2020. Under this amendment it seems that, now a Practicing Member (COP Holder) of Institute of Company Secretaries of India (ICSI) can enter into partnership with Chartered Accountant, Cost and Works Accountants, Advocates etc.
Special Features of Spice+ (Step Towards ‘Ease of Doing Business) I. SPICe+ would have two parts viz.: Part A-for Name reservation for new companies and Part B offering a bouquet of services viz. (i) Incorporation (ii) DIN allotment (iii) Mandatory issue of PAN (iv) Mandatory issue of TAN (v) Mandatory issue of EPFO registration (vi) […]
A registered office is the official address of a company to which all official letters and reminders will be sent by any person, any government or non government or regulatory body. In terms of Section 7 of the Companies Act, 2013 (the Act)
A company being a legal entity must have a name of its own to establish its Separate identity. The name of the company is a symbol of its independent corporate existence. The first clause in the Memorandum of Association of the company states the name by which a company is known.
1. Introduction 1.1 Background The GST Council has approved introduction of ‘E-invoicing’ or ‘electronic invoicing’ in a phased manner for reporting of business to business (B2B) invoices to GST System, starting from 1st January 2020 on voluntary basis. Since there was no standard for e-invoice existing in the country, standard for the same has been […]
The GST Council has approved introduction of ‘E-invoicing’ or ‘electronic invoicing’ in a phased manner for reporting of business to business (B2B) invoices to GST System, starting from 1st January 2020 on voluntary basis.
The inflation print for January jumped up to 7.6% while Industrial production contracted by -0.3% in December 2019. The inflation spike was driven by higher food prices, rise in medicine and telecom prices and an unfavorable base effect. We expect the January print to be the peak as onions prices have started cooling off in recent days and the sequential momentum in food is slowing down.
NBFC –Peer to Peer Lending platform (NBFC-P2P) is a type of Non-Banking Financial Company which carries on the business of providing services of Loan facilitation to willing lenders and borrowers through online platform. This type of Non-Banking Financial Company is not allowed to accept deposits or lend on its own.
Understanding section 271G penalty for failure to furnish information/documents under section 92D of the Income Tax Act.
