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GST Department ask officers to issue SCN in time bound manner

March 4, 2022 24021 Views 0 comment Print

Section 74 of DGST Act, 2017 provides that in cases of tax not paid or short paid or erroneously refunded or input tax credit wrongly availed or utilized, for reasons of fraud or willful mis-statement or suppression of facts , the adjudication order will be issued within five years from the due date of filing of annual return for the year to which the discrepancy is noticed. Further, the show cause notice is required to be issued at least six months prior to the time limit.

ICAI conditionally decides to reinstall 15 examination centre

March 4, 2022 579 Views 0 comment Print

ICAI decided to reinstall the examination centre 15 cities, provided that sufficient number of candidates offer themselves to appear from thereat. THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA [Set Up By An Act of Parliament] NOTIFICATION New Delhi, the 4th March, 2022 No. 13-CA (EXAM)/M/2022/II.—In continuation to Notification No. 13-CA (EXAM)/M/2022 dated 28th January 2022, […]

Declaration by registered holder/beneficial owner of shares under LIC Act, 1956

March 3, 2022 1719 Views 0 comment Print

Central Government hereby notifies that the form, manner, period and details prescribed in respect of declaration to be made and particulars to be included in the register to be maintained under the Companies Act shall apply to the Life Insurance Corporation under section 5C of the Life Insurance Corporation Act, 1956

Life Insurance Corporation of India General (Amendment) Rules, 2022

March 3, 2022 2175 Views 0 comment Print

These rules may be called the Life Insurance Corporation of India General (Amendment) Rules, 2022. (2) They shall come into force on the date of their publication in the Official Gazette.

Govt extends ‘Indian Footwear and Leather Development Programme till 31.03.2026

March 3, 2022 1107 Views 0 comment Print

The Central Government has approved continuation of Central Sector Scheme ‘Indian Footwear and Leather Development Programme (IFLDP)’ with an approved expenditure of Rs.1700 crore till 31.03.2026 or till further review, whichever is earlier.

Section 35(1)(ii): CBDT approves ‘Sri Shankara Cancer Foundation, Bangalore’

March 3, 2022 1281 Views 0 comment Print

Central Government hereby approves ‘Sri Shankara Cancer Foundation, Bangalore (PAN: AAHTS5593F)’under the category of ‘University, College or other institution’for Scientific Research for the purposes of clause (ii) 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.

Marine Products Export Development Authority (Amendment) Rules, 2021

February 28, 2022 594 Views 0 comment Print

1. (1) This Rule may be called the Marine Products Export Development Authority (Amendment) Rules, 2021. (2) This amendment shall be deemed to have come into force with effect from 1.1.2001.

Govt appoints Smt. Madhabi Puri Buch as Chairman of SEBI

February 28, 2022 1296 Views 0 comment Print

Central Government hereby appoints Smt. Madhabi Puri Buch, Former Whole Time Member, Securities and Exchange Board of India as Chairman of the Securities and Exchange Board of India (SEBI), initially for a period of three years from the date of assumption of charge of the post, or until further orders, whichever is earlier.

IFSCA (Annual Report and Returns and Statements and Other Particulars) Rules, 2022

February 28, 2022 1992 Views 0 comment Print

These rules may be called the International Financial Services Centres Authority (Annual Report and Returns and Statements and Other Particulars) Rules, 2022.

IFSCA (Form of Annual Statement of Accounts) Rules, 2022

February 28, 2022 1290 Views 0 comment Print

These rules may be called the International Financial Services Centres Authority (Form of Annual Statement of Accounts) Rules, 2022.

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