Month: May 2021
ICAI to increase minimum member numbers for opening of a branch of Regional Council. Draft of the Chartered Accountants (Amendment) Regulations, 2021 The Institute of Chartered Accountants of India (ICAI has issued draft of the Chartered Accountants (Amendment) Regulations, 2021 to further amend the Chartered Accountants Regulations, 1988. …
ICAI Intermediate, Final and other CA Post Qualification exams of May 2021 to commence from Monday, 5th July 2021 The ICAI by its announcement dated 27th April, 2021 had postponed Final & Intermediate CA Examinations to be held in May 2021. It was stated that fresh dates for …
Advocate in NCT of Delhi not to be stopped for Covid-19 curfew on producing Bar ID card/ other proof of being advocate. E-pass is not mandatory for them-Delhi High Court Aggrieved by the humiliation by the Police in the treatment given and demand for productions of e-pass for …
Last date for payment of ICSI annual membership fee and certificate of practice (CoP) fee in FY 2021-22 extended till 30th September, 2021 Institute of Company Secretaries of India has extended the last date for payment of its annual membership fee and fee for certificate of …
Relaxation given in qualifications for appointment as notary to person with disability practicing for at least seven years as a legal practitioner MINISTRY OF LAW AND JUSTICE (Department of Legal Affairs) NOTIFICATION New Delhi, the 25th May, 2021 G.S.R.341(E).—In exercise of the powers conferred by section 15 of …
CBDT prescribes Procedure for exercise of option u/s 245M(1) and intimation thereof to AO by furnishing and upload of Form No. 34BB under Rule 44DA(1) of Income-tax Rules, 1962 The Income-tax Settlement Commission has been abolished by the Finance Act 2021 with effect from 1st February 2021 and no application for …
Provisions of personal guarantors to corporate debtors under IBC 2016 under notification dated 15th November, 2019 is legal and valid – Supreme Court The Central Government, vide notification dated 15th November, 2019, brought into force provisions relating to the personal guarantors (PGs) to Corporate Debtors with effect from …
Computation of Fair Market Value of Capital Assets u/s 50B of Income-tax Act. CBDT notifies formulas & Rule 11UAE for determination of FMV MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No.68/2021 New Delhi, the 24th May, 2021 G.S.R.338(E).—In exercise of the powers conferred by …
MCA21 Version 3.0 1st Phases launched by Ministry of Corporate Affairs MCA21 Version 3.0 1st Phases launched MCA21 Version 3.0 (V 3.0) 1st Phases was today launched by Ministry of Corporate Affairs. As per press release issued in this regard, the MCA21 Version 3.0 comprises of revamped website, …
AIFs/VCFs overall limit to invest overseas enhanced USD 1500 Million from earlier overall limit of USD 750 million. Read SEBI Circular SECURITIES & EXCHANGE BOARD OF INDIA CIRCULAR SEBI/HO/IMD/DF6/CIR/P/2021/565 May 21, 2021 To,All Alternative Investment Funds, All Venture Capital Funds Dear Sir /Madam, Subject: Enhancement of overall limit …