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Notifications/Circulars

MCA notifies Court at Pune U/s. 435(1)

July 17, 2019 801 Views 0 comment Print

Notification of Special Court (Court of District Judge-1 and Additional Sessions Judge) at Pune (Maharashtra) under sub-section (1) of Section 435 of the Companies Act, 2013 MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 17th July, 2019 S.O. 2564(E).—In exercise of the powers conferred by sub-section (1) of section 435 of the Companies Act, 2013 (18 […]

CBDT notifies Revised India -China DTAA Protocol

July 17, 2019 14943 Views 1 comment Print

Protocol amending the Agreement between the Government of the Republic of India and the Government of the People’s Republic of China for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income and the Protocol thereto Signed at New Delhi on 18th July, 1994. MINISTRY OF FINANCE (Department […]

Changes in disclosure norms of divergence in asset classification & provisioning by banks

July 17, 2019 1083 Views 0 comment Print

Vide Circular No. SEBI/CIR/CFD/CMD/80/2017 dated July 18, 2017, it was specified that banks which have listed specified securities shall disclose to the stock exchanges, divergences in the asset classification and provisioning wherever the additional provisioning requirements assessed by RBI/ the additional Gross NPAs identified by RBI exceeded a certain threshold.

Committee to examine Data Structure & Modalities of upload of data for E-Assessment

July 17, 2019 720 Views 0 comment Print

A Committee to examine the feasibility of laying out the modalities, formats and data structures for uploading online, analysing and archiving of information sought during e-assessment in a forensically sound secure and importable data-structure to facilitate e-assessmcnt and to mitigate difficulties of both the taxpayers and Assessing Officer has been setup with the approval of Chairman, CBDT.

DGFT allocates additional 1239 MTRV for sugar export to USA under TRQ

July 17, 2019 384 Views 0 comment Print

Additional quantity of 1239 MTs (One Thousand Two Hundred Thirty Nine Metric Ton Raw Value) of raw cane sugar to be exported to USA under TRQ upto 30.09.2019 has been notified. Government of India Ministry of Commerce & Industry Department of Commerce Udyog Bhawan Public Notice No. 19/2015-2020-DGFT New Delhi, the 17 July, 2019 Subject:- […]

IP not responsible for appointment as IRP in CIRP if he conveyed of expiry of his registration

July 17, 2019 912 Views 0 comment Print

It, therefore, appears that despite making it clear that he did not have a valid registration as an IP, he was made to serve as the IRP in the CIRP. In such circumstances, it is difficult to hold Mr. Mallik liable for contravention of section 206 of the Code. In view of this, I dispose of the notice without any direction.

Merger of Council for Trade Development and Promotion into BoT

July 17, 2019 1020 Views 0 comment Print

It has been decided to merge the Council for Trade Development and Promotion (CTDP) with the Board of Trade (BOT) and the new forum will remain as Board of Trade (BOT) Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Notification No. 11/2015-20-DGFT New Delhi, the 17 July, 2019 […]

SEBI amends formats for Compliance Report on Corporate Governance

July 16, 2019 9978 Views 0 comment Print

SEBI amends  formats for Compliance Report on Corporate Governance as per Annexure I, II and III to this circular are being prescribed:- Annex – I – on quarterly basis; Annex – II – at the end of a financial year (for the whole of financial year); Annex – III – within six months from end […]

LPCOs not allowed to be uploaded on eSANCHIT w.e.f 01/08/2019

July 16, 2019 3216 Views 0 comment Print

Since the facility to upload the LPCOs is now being fully made available to these 16 new PGAs, therefore, the beneficiaries i.e. importer/exporters/customs brokers would not be allowed to upload the previously issued LPCOs on eSANCHIT w.e.f 01/08/2019. Further, to facilitate the members of the trade (beneficiaries), the PGAs are required to upload the LPCOs […]

National Savings Time Deposit (Amendment) Rules, 2019

July 16, 2019 1212 Views 0 comment Print

These rules may be called the National Savings Time Deposit (Amendment) Rules, 2019. They shall deemed to have come into force on the 1st day of July, 2019.

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