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Notifications/Circulars

CBDT approves Krea University, Sricity for Research under Section 35(1)(iii)

October 28, 2022 405 Views 0 comment Print

CBDT approves Krea University, Sricity for for research in ‘Social science or Statistical research’ for the purposes of clause (iii) of sub-section (1) of section 35 of the Income-tax Act, 1961 read with rules 5C and 5E of the Income-tax Rules, 1962 vide Notification No. 118/2022-Income Tax | Dated : 28.10.2022. MINISTRY OF FINANCE (Department […]

Procedure for identification of parboiled rice varieties during export

October 28, 2022 2625 Views 0 comment Print

References have been received of variation in procedure followed for identification of parboiled rice variety of CTH 1006.30.10 (which attracts nil rate of duty) at the time of export so as to distinguish it from other varieties of rice under the CTH 1006.30.90 which are dutiable.

MahaRERA: Maintain Professional etiquette during hearing of complaints

October 28, 2022 531 Views 0 comment Print

Parties at all times during the hearing, shall avoid speaking on phones having refreshment etc. shall maintain formal dress code and maintain proper decorum befitting the dignity as maintained in open court.

Company into huge losses & not in a position to appoint CS – Penalty reduced

October 28, 2022 735 Views 0 comment Print

Company is into huge losses and not in a position to appoint Company Secretary and stated initially company is having Company Secretary upto 2019 and also put all its efforts to retain the Company Secretaries on long term basis as well as to fill the vacancy to the office of the Whole Time Company Secretary. However, the Company was unable to find a suitable candidate who are committed to work on long term basis.

Pre-deposit payment method for cases pertaining to Excise & Service Tax

October 28, 2022 15522 Views 0 comment Print

It may be seen that Form GST DRC -03 is prescribed for payment of tax, interest, penalty under sub-sections (5) and (8) of both sections 73 and 74, and section 129 (I) of the CGST Act, 2017 or any other payment due in accordance with the provisions of the CGST Act, 2017 as specified in rule 142 (2) and 142 (3) of the CGST Rules, 2017

IBBI imposes penalty on IP for payment of pre-CIRP dues in violation to IBC

October 28, 2022 2016 Views 0 comment Print

DC notes that Anil Mehta has violated section 14(1)(b) and 208(2)(a) of the Code, regulation 7(2)(a) and 7(2)(h) of IP Regulations read with Clause 1, 2, 3 and 14 of the Code of Conduct as specified in the First Schedule of IP Regulations (Code of Conduct) for payment of pre-CIRP expenses during Moratorium. The contraventions […]

Clause 2(IV)(A) of SEBI Circular on Development of Passive Funds applicable wef 01.05.2023

October 28, 2022 621 Views 0 comment Print

SEBI decided that Clause 2(IV)(A) of SEBI Circular on Development of Passive Funds shall be applicable with effect from May 01, 2023.

SEBI reduces face value for debt securities & non-convertible redeemable preference shares

October 28, 2022 3144 Views 0 comment Print

Face value of listed debt security and non-convertible redeemable preference share issued on private placement basis traded on a stock exchange or OTC basis shall be Rs. One lakh.

SOP under SEBI (PIT) Regulations, 2015 for compliance with SDD

October 28, 2022 15966 Views 0 comment Print

SOP, FAQS & SDD compliance certificate under SEBI (PIT) Regulations, 2015 for ensuring compliance with Structured Digital Database (SDD)

IFSCA (AML/CFT and KYC) Guidelines, 2022

October 28, 2022 5190 Views 0 comment Print

International Financial Services Centres Authority (Anti Money Laundering, Counter-Terrorist Financing and Know Your Customer) Guidelines, 2022 i.e. IFSCA (AML/CFT and KYC) Guidelines, 2022. INTERNATIONAL FINANCIAL SERVICES CENTRES AUTHORITY NOTIFICATION Gandhinagar, the 28th October, 2022 IFSCA/2022-23/GN/GL001.—International Financial Services Centres Authority (Anti Money Laundering, Counter-Terrorist Financing and Know Your Customer) Guidelines, 2022 TABLE OF CONTENTS Sl. No. […]

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