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Guidelines

Income Tax demand Notice due to Tax credit mismatch against Army Officers

July 14, 2022 6345 Views 3 comments Print

ADVISORY NO.: 45 Dated:- 14.07.2022 0/o PCDA(0) Pune, Public Relation office (PRO) Subject: Income Tax Demand Notice under section 143(1) due to mismatch of Tax credit for the Financial Year 2021-22 (AY 2022-23). ********* Your kind attention is invited to the intricate contentious issue of reflecting o/s Income Tax Demand shown against more than Army […]

SEBI reply on purchase of shares by promoter group from open market during pendency of QIP

July 12, 2022 5472 Views 0 comment Print

Whether individual promoters which include the Chairman & Managing Director and Executive Director & CEO of the company or any member of the promoter group can purchase shares of the Company from open market during pendency of QIP? As per regulation 2(1) (g), “insider” means a “connected person” or a person “in possession of or […]

Guidelines for Prevention of Misleading Advertisements and Endorsements for Misleading Advertisements, 2022

July 9, 2022 2724 Views 0 comment Print

‘Guidelines on Prevention of Misleading Advertisements and Endorsements for Misleading Advertisements, 2022’ seek to ensure that consumers are not being fooled with unsubstantiated claims, exaggerated promises, misinformation and false claims. Such advertisements violates various rights of consumers such as right to be informed, right to choose and right to be safeguarded against potentially unsafe products and services.

Exemption from GST on final cost of Indian National Flag Tiranga

July 8, 2022 9048 Views 0 comment Print

Govt clarified that GST in exempt on on final cost of Indian National Flag Tiranga supplied under Har Ghar Tiranga programme. Relevant clarification is as follows:- MOST IMMEDIATE F. No. 354/17/2022-TRU Government of India Ministry of Finance Department of Revenue Tax Research Unit Room No. 156, North Block New Delhi, 8th July, 2022 OFFICE MEMORANDUM […]

Changes in System with respect of AD Code Registration in exports

June 14, 2022 24852 Views 1 comment Print

There was a demand from trade that an AD code should required to be registered only once in Customs System for filing documents across all the customs locations. To facilitate trade, the following changes have been made in the System in respect of AD Code registration

Advisory on Advertisements of Online Betting Platforms

June 13, 2022 663 Views 0 comment Print

No. DM/15/2022-DM Government of India Ministry of Information & Broadcasting A Wing, Shastri Bhawan New Delhi-110001 Dated 13th June, 2022 ADVISORY To i. Newspapers registered under Press and Registration of Books Act, 1867 ii. Private Satellite Television Channels iii. Publishers of news and current affairs content on digital media Subject: Advisory on Advertisements of Online […]

Guidance note for filing intimations w.r.t. IBC/Inter-Creditors Agreement

June 7, 2022 2283 Views 0 comment Print

Guidance note for filing intimations w.r.t. Insolvency and Bankruptcy Code (IBC) / Inter-Creditors Agreement (ICA) Notice No. 20220607-10 Notice Date 07 Jun 2022 Category Circulars Listed Companies Segment Equity Subject Guidance note for filing intimations w.r.t. Insolvency and Bankruptcy Code (IBC) / Inter-Creditors Agreement (ICA) Content The Company Secretary All Listed Companies / Interim Resolution […]

Insurance product approvals made easy

June 1, 2022 651 Views 0 comment Print

Insurance product approvals made easy- -stepping towards Ease of doing business The Insurance Regulatory and Development Authority of India (IRDAI) has extended the ‘Use and File’ procedure for all the Health Insurance products and almost all the General Insurance products in line with the reforms agenda taken up towards having a fully insured India. This is […]

IAs should advise clients only in direct plans on products & not on regular mode

May 20, 2022 300 Views 0 comment Print

In view of the SEBI Circular dated September 23, 2020 which, inter alia, states that ‘IA’ shall, wherever applicable, advice direct plans (non-commission based) on products only, it is informed that the extant provisions envisage lAs advising its clients only in direct plans on products and not on regular mode. Thus, you may advise your […]

Cyber Security Advisory: Data Wiper Malware

May 18, 2022 480 Views 0 comment Print

A surge in use of data wiper malware by nation sponsored threat actors is being reported. The Primary motive of the attacker for using these malware is the destruction of the victim machine/ data.

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