Q1. Whether the Applicant which is already acting as the Investment Manager of the SEBI registered Alternative Investment Fund can provide investment management services to the offshore fund and Whether the Applicant is required to obtain registration as a Portfolio Manager under the SEBI (Portfolio Managers) Regulations, 2020, in order to provide investment management services […]
CGST Commissionerate, Raigad of CGST Mumbai Zone has smashed a racket of fake GST Input Tax Credit (ITC) involving fake invoices amounting to Rs. 70 Crore involving ITC of Rs. 13 Crore and has arrested the proprietor of a Kalamboli based firm, M/s. Zaid Enterprises.
These regulations may be called the Chartered Accountants (Amendment) Regulations, 2022. (2) They shall come into force on the date of their final publication in the Official Gazette.
A draft notification to prescribe base premium for Motor Third Party Insurance Premium for the Financial Year 2022-23 has been prepared and attached as Annexure B, along with Basic methodology used for arriving at the Premium Rates for Motor Third Party Insurance Cover for the Financial Year 2022-23 (Annexure -A to this letter), for inviting objections and suggestions from all persons likely to be affected thereby, before the expiry of 10 days from the date the same is placed on the MoRTH Et IRDAI website and made available to the public.
It has recently come to notice that, An account was de-freezed on the basis of the letter signed by the Ward In-charge, whereas it was later found that no such letters/communications was issued from the concerned Ward In-charge.
With a view to enhance the efficiency and professionalism of officers/teams deployed for carrying out anti-evasion/anti-smuggling work, particularly when they are required to search premises, vehicles; verify a stock of goods; draw up a panchnama or to arrest a person away from their office premises, Board has received a suggestion that a standard toolkit may be provided.
The Ministry of Corporate Affairs (MCA) vide its Notification dated 04th March, 2022 has notified Limited Liability Partnership (Second Amendment) Rules, 2022 to further amend the existing Limited Liability Partnership Rules, 2009, which shall come into force on the date of its publication in the Official Gazette. Sr. No. Amendment Effect/ Comments 1 Substitution: Rule […]
Section 74 of DGST Act, 2017 provides that in cases of tax not paid or short paid or erroneously refunded or input tax credit wrongly availed or utilized, for reasons of fraud or willful mis-statement or suppression of facts , the adjudication order will be issued within five years from the due date of filing of annual return for the year to which the discrepancy is noticed. Further, the show cause notice is required to be issued at least six months prior to the time limit.
ICAI decided to reinstall the examination centre 15 cities, provided that sufficient number of candidates offer themselves to appear from thereat. THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA [Set Up By An Act of Parliament] NOTIFICATION New Delhi, the 4th March, 2022 No. 13-CA (EXAM)/M/2022/II.—In continuation to Notification No. 13-CA (EXAM)/M/2022 dated 28th January 2022, […]
Income Tax payable on the contribution in a PF account exceeding Rs. 5 lakh per annum w.e.f. financial year 2021-22-reg. Ministry of Finance Department of Expenditure O/o Controller General of Accounts, GPO Complex, E-Block, INA New Delhi. TA-3-07001/7/2021-TA-III-Part (1)/cs-8084/81 | Dated: 04.03.2022 OFFICE MEMORANDUM Subject: Income Tax payable on the contribution in a PF account […]
