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Notifications/Circulars

IRDAI Clarification on Appointment or Continuation of Common Director

September 13, 2022 1875 Views 0 comment Print

Directors appointed under section 48A of the Insurance Act, 1938 after obtaining due approval of the Authority may continue to hold the directorship till completion of tenure of appointment.

CBDT issues Additional Guidelines For TDS under section 194R

September 13, 2022 60180 Views 1 comment Print

Additional Guidelines for removal of difficulties under section 194R(2) of Income-tax Act, 1961 – Circular No. 18/2022-Income Tax

Details of insolvency matters pending with SC & various High Courts

September 13, 2022 576 Views 0 comment Print

Insolvency professionals being the main link with IBBI in relation to processes under the Code wherefrom such litigations arise. It is, therefore, deemed appropriate that the Insolvency Professionals to proactively provide prompt information and papers to IBBI to enable it to examine the provision of statute under question with a view to implead itself for appropriate defence.

SEBI Master Circular on Surveillance of Securities Market

September 13, 2022 3075 Views 0 comment Print

In order to ensure availability of comprehensive information mentioned in the circulars pertaining to Surveillance of Securities Market at one place, SEBI has been issuing Master Circular.

Revision of Health Insurance Regulatory Returns

September 13, 2022 1182 Views 0 comment Print

i. All yearly returns shall be furnished within 90 days from the close of the reporting financial year. ii. All quarterly returns shall be furnished within five days from the close of the reporting quarter.

Rajiv Ranjan appointed as member of Maharashtra Advance Ruling Authority

September 13, 2022 1599 Views 0 comment Print

Mr. Rajiv Ranjan has been appointed as member of Maharashtra Advance Ruling Authority in the place of Mr. Rajiv Magoo. FINANCE DEPARTMENT Madam Cama Marg, Hutatma Rajguru Chowk, Mantralaya, Mumbai 400 032, dated the 13th September 2022. NOTIFICATION MAHARASHTRA GOODS AND SERVICES TAX ACT, 2017. No. GST-1022/C.R.38/Taxation-1.— In exercise of the powers conferred by section […]

CA Banned for 3 years by NFRA and imposes penalty for lapses in Audit

September 13, 2022 80589 Views 0 comment Print

The primary function of the Auditor in the present case was to ensure compliance with SAs to achieve the necessary audit quality to lend credibility to financial statements and facilitate its users. A critical, questioning attitude, an unwillingness to be satisfied by superficial explanations, not concluding on material matters without rigorous verification, diligent and methodical […]

Weekly newsletter from Chairman, CBIC dated 13/09/2022

September 13, 2022 606 Views 0 comment Print

Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes & Customs North Block, New Delhi-110 001 Tel. : +91-11-23092849, Fax : +91-11-23092890 E-mail : vivekjohri.irs@gov.in 13th September, 2022 Chairman DO No. 41/CH(IC)/2022 These lines from Shivmangal Singh Suman’s celebrated poem [with a slight poetic twist] formed a part of the inauguration […]

IBBI (Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations, 2022

September 13, 2022 1464 Views 0 comment Print

Amendments to Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, and Insolvency and Bankruptcy Board of India (Insolvency Professionals), Regulations 2016. The Insolvency and Bankruptcy Board India (IBBI) notified the following regulations on 13th September 2022: a) Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) […]

IBBI (Insolvency Professionals) (Second Amendment) Regulations, 2022

September 13, 2022 876 Views 0 comment Print

These regulations may be called the Insolvency and Bankruptcy Board of India (Insolvency Professionals) (Second Amendment) Regulations, 2022.

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