Clarification on Form 3CA- Form 3CD, Form 3CB- Form 3CD In order to avoid errors in form filing and verification, kindly ensure that following points are considered: 1. Use the latest version of the utility for generating JSON 2. Please re-enter data, if any, in clauses 11, 18, 20, 21, 26 and 34 and generate […]
The primary function of a stock market index is to measure stock market performance. A well-constructed index not only enables measuring of market performance but also serves as a portfolio for investment. Such an index finds use case for a variety of purposes such as benchmarking funds, launching of index funds, exchange traded funds (ETFs), underlying index for exchange traded derivative and structured products.
Shri Piyush Goyal calls for a Single window portal for doing robust common KYC system for Stock Brokers, Mutual Fund and depositories etc Shri Piyush Goyal calls for transparency and integrity in the stock markets to empower households and investment besides encourage investments. The NSE has been able to eliminate a lot of bad practices […]
Searches conducted by Income Tax Department largely in Uttar Pradesh and Maharashtra The Income Tax Department carried out search and seizure operation on 31.12.2021 on two groups engaged in the business of perfume manufacturing and real estate. Over 40 premises in the states of Uttar Pradesh, Maharashtra, Delhi, Tamil Nadu and Gujarat have been covered […]
Please find Central Goods And Services Tax Act, 2017 (CGST Act, 2017) Updated till 01.01.2022. MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, the 12th April, 2017/Chaitra 22, 1939 (Saka) The following Act of Parliament received the assent of the President on the 12th April, 2017, and is hereby published for general information:— THE […]
ICAI, Indore has requested CBDT Chairman to consider waiver of penalty for delay in furnishing of Report of Audit under any provision of the Income-tax Act, 1961 for the A. Y. 2021-22. Full Text of their representation is as follows:- THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA (Set up by an Act of parliament) Indore (CIRC) Indore/2021-22/Rep-1 […]
New Functionalities made available for Taxpayers on GST Portal in December, 2021 New Functionalities made available for Taxpayers for the Month of December, 2021 on GST Portal related to Changes in Form GSTR-1/IFF, Creation of My Masters facility in Form GSTR-1/IFF, Allowing entry of suspended GSTINs as recipients in Form GSTR 1/IFF (B2B Tables), Integration […]
Update on 06.01.2022 at 11 PM Matter was listed today for hearing. Advocate (Dr.) Avinash Poddar along with Advocate Nipun Singhvi appeared in the matter and argued the matter. On hearing Dr. Poddar, Hon’ble Court was pleased to issued notice to Union and CBDT. Now the matter is scheduled to get listed for further hearing […]
Based upon an intelligence that M/s Xiaomi Technology India Private Limited (Xiaomi India) was evading customs duty by way of undervaluation, an investigation was initiated by the Directorate of Revenue Intelligence (DRI) against Xiaomi India and its contract manufacturers
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the signing of Agreement between India and Spain on Cooperation and Mutual Assistance in Customs Matters.
