Day: June 12, 2021
Allowable Cost of construction when only first floor of house was sold as per registry to reduce the stamp duty. ITAT restored the case for fresh determination In the instant case, the assessee had challenged the order passed by the CIT(A) in confirming the addition made by the …
New functionalities to be deployed on GST Portal-Negative liability statement, downloading Form GSTR-4A & HSN in Excel Format In order to provide a smooth and hassle free experience to the taxpayers and simplify the process for them, to comply with their GST compliances, the GSTN has decided to …
RBI issues FAQs on appointment Auditors of Banks, UCBs & NBFCs. Time gaps required, prohibition on Concurrent auditors for appointment as SCAs/SAs In April 2021 RBI had issued Guidelines for Appointment of Statutory Central Auditors (SCAs)/Statutory Auditors (SAs) of Commercial Banks (excluding RRBs), UCBs and NBFCs (including HFCs). …
Recommendations of 44th GST Council Meeting. Change in GST Rates on goods being used in Covid-19 relief and management The 44th GST Council met today under the Chairmanship of Union Finance & Corporate Affairs Minister through video conferencing . The Council decided to reduce the GST rates on …
M/s Online PSB Loans Limited authorised to perform Aadhaar authentication on voluntary basis on the National Portal for Credit Linked Government Schemes (CLSS). As per Notification No. SO 2257(E) issued by the Ministry of Finance, M/s Online PSB Loans Limited has been allowed to perform Aadhaar authentication for …
Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2021 w.e.f. 10th June 2021. These regulations apply to delisting of equity shares of a company including equity shares having superior voting rights from all or any of the recognised stock exchanges where such shares are …
