Month: June 2021
Ananta Barua tenure as Whole-Time Member of SEBI extended for two years beyond 31.07.2021 i.e. upto 31.07.2023 MINISTRY OF FINANCE(Department of Economic Affairs)(FINANCIAL MARKET DIVISION) NOTIFICATION New Delhi, the 17th June, 2021 S.O. 2403(E).—In exercise of the powers conferred by Sub-Section (1)(d) and Sub-Section (4) of Section 4 …
The Companies (Indian Accounting Standards) Amendment Rules, 2021. Ministry of Corporate Affairs has notified the Companies (Indian Accounting Standards) Amendment Rules, 2021 to further amend the Companies (Indian Accounting Standards) Rules, 2015. The amendment shall become effective from 18th June 2021. The following Indian Accounting Standards ( Ind …
Santosh K Mohanty’s tenure as Whole-Time Member of SEBI extended for two years beyond 24.06.2021 upto 24.06.2023 MINISTRY OF FINANCE(Department of Economic Affairs)(FINANCIAL MARKET DIVISION) NOTIFICATION New Delhi, the 17th June, 2021 S.O. 2403(E).—In exercise of the powers conferred by Sub-Section (1)(d) and Sub-Section (4) of Section 4 …
MCA removes restrictions on matters to be dealt with in Board meeting through video conferencing or other audio visual means MCA removes restrictions in Board meeting through video conferencing or other audio visual means MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 15th June, 2021 …
System driven disclosures for inclusion of listed Debt Securities. Automation of Continual Disclosures under Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015 SEBI have implemented the System Driven Disclosures in phases, under SEBI (Prohibition of Insider Trading) Regulations, 2015. In terms of the aforesaid Circular, System …
CBIC has issued circulars clarifying regarding applicability of GST rates on various supplies/services. The summary of the clarifications issued is as under Circular No. Subject Circular No. 149/05/2021-GST Clarification regarding applicability of GST on supply of food in Anganwadis and Schools Circular No.150/06/2021-GST Clarification regarding applicability of GST …
Addition for undisclosed foreign bank account deleted as the information received in pen drive under DTAC lacked basic essentials of a bank statement. In the instant case, the assessee was aggrieved by the order of the CIT(A) confirming the addition u/s 69 of the Income Tax Act, …
New guidelines for Settlement of Running Account of Clients Funds by Trading Members Settlement of Running Account of Client’s Funds lying with Trading Member (TM) SEBI had issued guideline for settlement of running account of client’s funds / securities. As per the new guidelines, the actual settlement of …
Justice Shashi Kant Gupta appointed chairman of Appellate Authority under CA / CMA / CS Act The Central Government vide notification number G.S.R. 835(E) dated the 3rd November, 2015 have established an Appellate Authority in exercise of the powers conferred by sub-section (1) of Section 22A of the …
Finance Ministry to hold meeting with Infosys on glitches in new e-filing portal of the Income Tax Right from the launch of new income tax efiling portal, on 7th June 2021 it has succumbed to technical glitches and users/taxpayers are finding it very difficult to ensure the …
