CBDT notifies vide Order No. F. No. 187/3/2020-ITA-I | Dated: 17th March, 2022 the Assessments which shall he completed by the jurisdictional Assessing Officer (AO) i.e. Assessment orders in all cases for which the time for completion expires on 31.03.2022 pending with the jurisdictional Assessing Officer as on 15.03.2022 or thereafter, which cannot he completed […]
Cases for which the time limit for completion expires on 31.03.2022 pending with the jurisdictional Assessing Officer as on 15.03.2022 or thereafter, which cannot be completed as per the procedure laid down under Section 144B of the Act due to technical / procedural constraints in the given period of limitation
RBI specifies ten crore rupees as net owned fund (NOF) required for Investment and Credit Company (NBFC-ICC), Micro Finance Institution (NBFC-MFI) and Non-banking financial company – Factor (NBFC-Factor) to commence or carry on the business of non-banking financial institution from October 01, 2022 subject to some conditions. RESERVE BANK OF INDIA (Department of Regulation) CENTRAL […]
CBDT issues Income Tax Circular 06/2022 | Dated: 17th March, 2022 to condone the default in filing Form 10-IC to avail lower tax rate of 22% under section 115BAA for AY 2020-21. Form 10-IC can now be filed till 30 June 2022, if Income Tax return was originally filed within due date and the option […]
In the event, the said three certificate as submitted to the schedule bank operating the separate account entitles a promoter to withdraw a particular amount and if the promoter chooses to withdraw the said amount in tranches, then for every such withdrawal fresh certificates from project architect, project engineer and charted accountant in practice need not be submitted.
The limit on OPS may be further relaxed by the Stock Exchanges based on the increased peak order load observed and corresponding upgrade of infrastructure capacity to ensure that the capacity of trading system of the Stock Exchange remains at least four times the peak order load.
Regulation 9(1) of PIT Regulations states that the board of directors of every listed company and of intermediary shall ensure that the chief executive officer or managing director shall formulate a code of conduct to regulate, monitor and report trading by its DPs and immediate relatives of DPs towards achieving compliance with PIT Regulations, adopting […]
These Regulations may be called the Securities and Exchange Board of India (Alternative Investment Funds) (Second Amendment) Regulations, 2022. They shall come into force on the date of their publication in the Official Gazette.
Notification No. 3/2022-Customs (N.T./CAA/DRI), Dated: 16.03.2022 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) (Directorate of Revenue Intelligence) New Delhi, the 16th March, 2022 Notification No. 3/2022-Customs (N.T./CAA/DRI) S.O. 1205(E).—In pursuance of notification No. 60/2015-Customs (N.T.), published vide number G.S.R. 453(E), dated 4thJune 2015 in Gazette of India, Extra-ordinary, Part-II, […]
Scheme under Maharashtra Settlement of Arrears of Tax, Interest, Penalty or Late Fee Act, 2022mainly targets the class of dealers by providing lump sum payment option for settlement of dues and closure of old pending litigations.
