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Notifications/Circulars

SEBI amends Investor Grievance Redressal Mechanism Circular

June 3, 2022 1389 Views 0 comment Print

For any dispute between the member and the client relating to or arising out of the transactions in Stock Exchange, which is of civil nature, the complainant/ member shall first refer the complaint to the IGRC and/ or to arbitration mechanism provided by the Stock Exchange before resorting to other remedies available under any other law.

Annual & other meetings of unitholders of REITs and InvITs – Extension

June 3, 2022 417 Views 0 comment Print

Extension of facility for conducting annual meeting and other meetings of unitholders of REITs and InvITs through Video Conferencing (VC) or through Other Audio-Visual means (OAVM)

Clarification regarding Form No 10AC issued till the date of this Circular

June 3, 2022 16440 Views 0 comment Print

PCIT or CIT can examine if there is any specified violation by the trust or institution registered or provisionally registered under relevant clauses of sub-section (1) of section 12AB or sub¬section (1) of section 12AA.

IBBI suspends registration of IP for violating the procedure under IBC 2016

June 3, 2022 960 Views 0 comment Print

Though it has been argued that monetary appropriation of fee by Mr. Khandelia is not significant, nevertheless, in case a lenient view is taken in the instant case, then it shall be sending a wrong message to the market that one can get away even with serious charge of violating the set procedure under the […]

IBBI celebrates ‘Azadi ka Amrit Mahotsav’

June 3, 2022 660 Views 0 comment Print

Azadi Ka Amrit Mahotsav (AKAM) is an initiative of the Government of India to celebrate and commemorate 75 years of progressive India and the glorious history of its people, culture and achievements.

Instructions to FSSAI & Customs Officers on testing of UHT Whipping Cream

June 3, 2022 468 Views 0 comment Print

FSSAI has stated that Commercial Sterility test as prescribed in Table-2B: Microbiological Standards for Milk and Milk Products – Food Safety Criteria, under FSS (Food Products Standards and Food Additives) Regulation, 2011, is not feasible for UHT Whipping Cream, given the nature of the product and its storage conditions that are conducive to give a negative test result, on evaluation.

Revised Guidelines for compulsory Income Tax returns scrutiny

June 3, 2022 24666 Views 0 comment Print

F.No.225/ 81/2022/ITA-II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (ITA-II division) North Block, New Delhi, the 3rd June, 2022 To All Pr. Chief Commissioners of Income-tax/ Chief Commissioners of Income-tax All Pr. Director Generals of Income-tax/ Director Generals of Income-tax. Madam/Sir Subject: Guidelines for compulsory selection of returns […]

IRDAI circular on Public Disclosures by FRBs/Lloyd’s India

June 3, 2022 489 Views 0 comment Print

IRDAI has received representations on the rationalization of compliance requirements on Public Disclosures of Foreign Reinsurance Branches (FRBs) and Lloyd’s India as they are not directly dealing with retail customers.

Analysis of Companies (Appointment & Qualification of Directors) Amendment Rules, 2022

June 3, 2022 4224 Views 0 comment Print

 Ministry of Corporate Affairs (MCA) vide its notification dated June 01, 2022, has notified Companies (Appointment and Qualification of Directors) Amendment Rules, 2022, and the said rules are applicable from immediate effect i.e. June 01, 2022. The Amendments provides for the following:  1. After the first proviso the following new proviso has been inserted in […]

ADD on import of Toluene Di-isocyanate (TDI)

June 3, 2022 1302 Views 0 comment Print

Notification No. 19/2022-Customs (ADD)- Seeks to extend the levy of ADD on import of Toluene Di-isocyanate (TDI) originating in or exported from China PR, Japan and Korea RP,by amending notification No. 3/2018-Customs (ADD) dated 23-01-2018. MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 3rd June, 2022 Notification No. 19/2022-Customs (ADD) G.S.R. 417(E).—Whereas, the designated authority […]

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