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Notifications

Amendment in Export Policy of Onions

September 14, 2020 684 Views 0 comment Print

The Export of all varieties of Onions, as described above, is prohibited, with immediate effect. The provisions under Transitional Arrangement (Para 1.05 of the FTP 2015-20) shall not be applicable under this notification. MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) NOTIFICATION NO. 31/2015-20 New Delhi, the 14th September, 2020 […]

T. R. Ramnani appointed as member of Advance Ruling Authority, Maharashtra

September 14, 2020 1071 Views 0 comment Print

Shri. T. R. Ramnani has been appointed as member of Advance Ruling Authority in place of Shri. A. A. Chahure. FINANCE DEPARTMENT Madam Cama Marg, Hutatma Rajguru Chowk, Mantralaya, Mumbai 400 032, dated the 14th September 2020. NOTIFICATION MAHARASHTRA GOODS AND SERVICES TAX ACT, 2017. No. GST.1020/C.R.84/Taxation-1.— In exercise of the powers conferred by section […]

ICAI – Clear Assessment if applying for membership after 3 years

September 14, 2020 52680 Views 6 comments Print

ICAI proposes following Draft Regulations which provides that A Chartered Accountants has to appear and pass the Assessment if applying for membership after 3 years of clearing CA Finals or Members who have not renewed their membership for 3 years.

Section 10(47) L&T Infra Debt Fund notified as Infrastructure Debt Fund

September 11, 2020 7380 Views 0 comment Print

CBDT notifies L&T Infra Debt Fund as Infrastructure Debt Fund under section 10(47) of Income Tax Act, 1961  for the assessment year 2018-2019 and subsequent years. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 74/2020-Income Tax New Delhi, the 11th September, 2020 S.O. 3122(E).—In exercise of the powers conferred by […]

Indian Boiler (Second Amendment) Regulations, 2020

September 11, 2020 10215 Views 0 comment Print

(1) These regulations may be called the Indian Boiler (Second Amendment) Regulations, 2020. (2) They shall come into force on the date of their publication in the Official Gazette.

IBBI (Annual Report) Amendment Rules, 2020

September 10, 2020 624 Views 0 comment Print

Insolvency and Bankruptcy Board of India (Annual Report) Amendment Rules, 2020- Dates for submission of the annual report referred to in rule 3 of annual accounts for audit leading to the issue of Audit Certificate by the Comptroller and Auditor General of India and for submission to the Ministry of Corporate Affairs for timely submission […]

Section 10(46) exemption to District Mineral Foundation Trust

September 10, 2020 2910 Views 0 comment Print

Notification No. 73/2020 Central Government notifies ‘District Mineral Foundation Trust’ constituted by Government in exercise of powers conferred under section 9(B) of the Mines and Minerals (Development and Regulation) Amendment Act, 2015 (10 of 2015) as a ‘class of Authority’, in respect of the specified income under section 10(46) of Income Tax Act, 1961. MINISTRY […]

Factoring Regulation (Amendment) Bill, 2020 passed by Parliament

September 9, 2020 1155 Views 0 comment Print

Lok Sabha has passed The Factoring Regulation (Amendment) Bill, 2020 on 26th July 2021 and bill was further passed by Rajys Sabha on 28th July 2021. The Factoring Regulation (Amendment) Bill, 2020 was introduced in Lok Sabha on September 14, 2020. Bill was than referred to Standing Committee who has given its report on 3rd […]

CBT notifies undertaking of Softzone Tech Park Ltd as Industrial Park u/s 80IA

September 8, 2020 981 Views 0 comment Print

CBT notifies undertaking of Softzone Tech Park Ltd as industrial park under section 80IA of Income Tax Act, 1961 vide Notification No. 72/2020-Income Tax dated 8th September, 2020. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 72/2020-Income Tax New Delhi, the 8th September, 2020 S.O. 3035(E).—Whereas the Central Government in […]

ADD Investigation on imports of Certain Flat Rolled Products of Aluminium

September 8, 2020 846 Views 0 comment Print

Case No. ADD-(OI ) 22/2020 Initiation of Anti-Dumping Investigation concerning imports of ‘Certain Flat Rolled Products of Aluminium’ originating in or exported from China PR.

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