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IBBI (Information Utilities) (Amendment) Regulations 2021. Quarterly publication by information utility of statistics of debt related information in its possession. An Information Utility(IU) stores financial information that helps to establish defaults as well as verify claims expeditiously and thereby facilitate completion of transactions under the Code in a …
The Central/State Government/local authority bound by the resolution plan once approved by Adjudicating Authority (i.e. NCLT) retrospectively. ABCAUS Case Law CitationABCAUS 3484 (2021) (04) SC Important case law relied referred:K. P. Varghese vs. Income Tax Officer, Ernakulam and Another (1981) 4 SCC 173B. K. Educational Services Private Limited …
Shri Sivasubramanian Ramann, IA&AS appointed as Chairman & Managing Director (CMD), Small Industries Development Bank of India (SIDBI) MINISTRY OF FINANCE(Department of Financial Services) NOTIFICATION New Delhi, the 7th April, 2021 S.O. 1583(E).—In exercise of the powers conferred by clause (a) of sub-section (1) of section 6 read …
SEBI revises Reporting Formats for Mutual Funds. Reports to be submitted by AMCs to Trustees, by AMCs to SEBI and by Trustees to SEBI reviewed Securities and Exchange Board of India CIRCULARSEBI/HO/IMD/IMD-I DOF2/P/CIR/2021/550 April 12, 2021 All Mutual Funds (MFs)/ Asset Management Companies (AMCs)/Trustee Companies/Board of Trustees of …
GSTN Clarification on 4-digit/6-digit HSNs not accepted on e-invoice/e-Way bill Portal. Number of HSN digits as per Notifications No. 12/2017 & 78/2020 are minimum number of HSN digits to be mentioned on the invoice. GSTN Clarification on reporting 4-digit/6-digit HSNs In terms of the Notification No. 12/2017-Central Tax …
Revision u/s 263 on issues not covered under limited scrutiny quashed as AO could not had gone into other issues ABCAUS Case Law CitationABCAUS 3483 (2021) (04) ITAT Important case law relied referred:Sanjib Kumar KhemkaM/s Chengmari Tea Co. Ltd. In the instant case, the assessee had challenged the …
MEIS applications for Shipping bills with Let Export date from 01.04.2019 to 31.03.2020 can be submitted without any late cut upto 30.09.2021 Government of IndiaMinistry of Commerce & Industry Department of CommerceDirectorate General of Foreign Trade Udyog Bhawan, New Delhi Public Notice No. 53 /2015-2020 Dated the 9th …
Basic Savings Account can be opened in Post Office Savings Account Scheme 2019. the Post Office Savings Account (Amendment) Scheme 2021 MINISTRY OF FINANCE(Department of Economic Affairs) NOTIFICATION New Delhi, the 9th April, 2021 G.S.R.257(E).—In exercise of the powers conferred by section 3A of …
Insolvency and Bankruptcy Board of India (Pre-packaged Insolvency Resolution Process) Regulations 2021 The Insolvency and Bankruptcy Code (Amendment) Ordinance, 2021 promulgated on 4thApril, 2021 provides for pre-packaged insolvency resolution process (PPIRP) for corporate debtors classified as micro, small and medium enterprises. The Insolvency and Bankruptcy Board of India …
GSTN Advisory on GST Payment under QRMP Scheme, for March 2021 month. Two options to generate Challan: Fixed Sum or Self Assessment GSTN Advisory on GST Payment under QRMP Scheme, for the month of March, 2021 1. All taxpayers having aggregate turnover up to Rs 5 crores, under …
