Bhagyalaxmi Conclave Pvt. Ltd. Vs DCIT (ITAT Kolkata) In the remand report, the AO clearly stated that notice u/s 143(2) of the Act was issued by DCIT, Circle-1, Kolkata. The ld. D/R could not controvert the contention of the assessee that no notice u/s 143(2) of the Act was issued by the DCIT-13(1), Kolkata, who […]
Providing copy of application to the Board, as mandated under Rule 9 of the Insolvency and Bankruptcy (Application to Adjudicating Authority for Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) Rules, 2019. Insolvency and Bankruptcy Board of India 7th Floor, Mayur Bhawan, Connaught Place, New Delhi-110001 CIRCULAR No. IBBI/II/39/2021 2nd February, 2021 To All […]
Specific instances have come to the notice of the Board and Central Vigilance Commission wherein proper procedures have apparently not been followed during search proceedings and/or the Panchnamas/ statements have not been recorded as per extant guidelines &. instructions.
The Working Group amongst other suggestions recommended that AMCs of Mutual Funds should set up a Limited Purpose Clearing Corporation (LPCC) for clearing and settling repo transactions in corporate debt securities by contributing an amount of INR 150 Crore.
The capital market in India has been an early adopter of technology. SEBI believes that encouraging adoption and usage of financial technology (‘FinTech’) would have a profound impact on the development of the securities market. FinTech can act as a catalyst to further develop and maintain an efficient, fair, transparent and inclusive securities market ecosystem.
(1) these rules may be called the Static and Mobile Pressure Vessels (Unfired) (Amendment) Rules 2021. (2) They shall come into force on the date of their publication in the Official Gazette.
Tariff Notification No. 13/2021-Customs (N.T.), Dated: 02.02.2021 in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver- Reg MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) NOTIFICATION New Delhi, the 2nd February, 2021 No. 13/2021-CUSTOMS (N.T.) S.O. 489(E).—In exercise of the […]
These regulations may be called the Food Safety and Standards (Prohibition and Restrictions on Sales) Second Amendment Regulations, 2021.
Notification No. 14/2021-Customs (N.T./CAA/EXTENSION/DRI) [S.O. 526 (E)], Dated: 02.02.2021- Appointing Common Adjudicating Authority MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) (Directorate of Revenue Intelligence) New Delhi, the 2nd February, 2021 Notification No. 14/2021-Customs (N.T./CAA/EXTENSION/DRI) S.O. 526 (E).—In exercise of powers conferred upon by first proviso to section 28(9) of […]
In the matter of CIRP of Murli Industries Limited, the DC notes that the invoices for the services rendered by Mr. Iyer were raised in the name of his firm, i.e., DTTILLP. Section 206 of the Code clearly provides that only individual (person) can render services as an IP. Section 5 (13) defines the term […]
