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Notifications/Circulars

Insolvency and Bankruptcy Code (Amendment) Ordinance, 2021

April 4, 2021 2532 Views 0 comment Print

Insolvency and Bankruptcy Code (Amendment) Ordinance, 2021 An application for initiating pre-packaged insolvency resolution process may be made in respect of a corporate debtor classified as a micro, small or medium enterprise under sub-section (1) of section 7 of the Micro, Small and Medium Enterprises Development Act, 2006.

Mah Govt notifies strict measures & curbs for containment of COVID 19

April 4, 2021 1512 Views 0 comment Print

a) All beaches/ gardens/ public grounds to remain closed from 8 PM to 7 AM on weekdays and from 8 PM Friday to 7 AM Monday. b) Between 7 AM to 8 PM on Monday to Friday, visitors to follow strictly Covid Appropriate Behaviour.

Tribunals Reforms (Rationalisation & Conditions of Service) Ordinance, 2021

April 4, 2021 921 Views 0 comment Print

(1) This Ordinance may be called the Tribunals Reforms (Rationalisation and Conditions of Service) Ordinance, 2021. (2) It shall come into force at once.

RBI replies on signing of non-audited financials by CAs

April 3, 2021 120450 Views 18 comments Print

In reply to RTI by Nitin Pandurang Hargude on requirement of signing of project report, un-audited financials and certificate for utilisation of loan funds  vide Order No. DOR0021/04.03.001/2020-21 dated April 03 2021 RBI has replied as follows:- Query 1 Signing on Project Report for Loan Purposes with seal/UDIN of CA thereon. I wish to ask […]

Enabling dealings by IFSC Banking Units in Bullion Unallocated Accounts

April 3, 2021 348 Views 0 comment Print

This circular is being issued to enable Banking Units – IBU (Indian Banking Units) /FBU (Foreign Banking Units) in IFSC to operate Unallocated Accounts for the purpose of trading, hedging and swapping with Physical Gold / Silver (Allocated).

Audit Report on Maintenance of Software with Audit Trail postponed

April 1, 2021 8868 Views 0 comment Print

Companies (Audit and Auditors) Second Amendment Rules, 2021- MCA has earlier mandated that Auditor has to report in his Audit report starting from 01.04.2021 that if the Company is maintaining its books of account in a Accounting Software which has a feature of recording audit trail (edit log) facility or not. This report is now […]

Companies Audit Trail Software Mandate postponed to 01-04-2022

April 1, 2021 36633 Views 0 comment Print

Companies (Accounts) Second Amendment Rules, 2021- MCA has postponed the applicability of software with Audit features for Companies from 01.04.2022 instead of 01.04.2021 notified earlier. Also Read:Audit Report on Maintenance of Software with Audit Trail postponed MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 1st April, 2021 G.S. R. 247 (E).— In exercise of the […]

Govt withdraws reduction in Small Saving interest Rates

April 1, 2021 1101 Views 1 comment Print

It has been decided that the rate of interest on various small savings schemes for the first quarter of FY 2021-22 starting from 01st April and ending on 30th June, 2021 shall remain unchanged from those notified for the fourth quarter (01.01.2021 to 31.03.2021) of the FY 2020-21.

MVAT: Amendment in Criteria for withdrawal of Assessment based on probable revenue

April 1, 2021 1209 Views 0 comment Print

Amendment in Maharashtra Criteria for Selection (on the basis of probable revenue earnings) of the cases for Assessment (Amendment) Scheme, 2021 FINANCE DEPARTMENT Madam Cama Marg, Hutatma Raiguru Chowk, Mantralaya, Mumbai 400 032, dated the 1st April 2021. NOTIFICATION MAHARASHTRA VALUE ADDED TAX ACT, 2002. No. VAT-1521/C.R. 1(A)/Taxation-1.— In exercise of the powers conferred by […]

MVAT: Criteria for withdrawal of Assessment based on probable revenue

April 1, 2021 4623 Views 0 comment Print

Maharashtra Value Added Tax Criteria for withdrawal (on the basis of probable revenue involved) of the Assessment Proceeding Scheme, 2021- Maharashtra Value Added Tax Criteria for Withdrawal (on the basis of probable revenue involved) of the Assessment Proceedings Scheme, 2021 FINANCE DEPARTMENT Madam Cama Marg, Hutatma Rajguru Chowk, Mantralaya, Mumbai 400 032, dated 1st April, […]

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