Implementation of 2nd Phase of RMS for processing of Duty Drawback claims Risk Management System (RMS) in export was introduced with effect from 15.7.2013.by CBEC Circular No. 23/2013-Customs dated 24.06.2013. At that time it had been decided to implement RMS in export in two phases. In the first …
SEBI introduces Expected Loss based Scale by Credit Rating Agencies Securities and Exchange Board of India CIRCULAR SEBI/HO/MIRSD/MIRSD_CRADT/P/CIR/2021/594 July 16, 2021 To,All Credit Rating Agencies (CRAs) registered with SEBI Dear Madam / Sir, Sub: Introduction of Expected Loss (EL) based Rating Scale and Standardisation of Rating Scales Used …
SEBI Block Mechanism in demat account of clients undertaking sale transactions SEBI has worked out a mechanism of block in the demat account of clients undertaking sale transactions. When the client intends to make a sale transaction, shares will be blocked in the demat account of the client …
Step by Step Guide / Procedure for compliance check for ITRs non filer status for higher TDS rate u/s 206AB / 206CCA Step by Step Guide / Procedure for Compliance Check for ITRS Non filers for Section 206AB & 206CCA The Finance Act 2021 has inserted Section 206AB …
Govt. reconstitutes Advisory Board under Conservation of Foreign Exchange & Prevention of Smuggling Activities Act 1974 ( COFEPOSA ) for detention longer than three months MINISTRY OF FINANCE(Department of Revenue)(CENTRAL ECONOMIC INTELLIGENCE BUREAU) NOTIFICATION New Delhi, the 16th July, 2021 G.S.R. 491(E).—In exercise of the powers conferred by …
Once an asset is part of block, depreciation can not be denied non-use. The concept of “use” of assets has to apply upon block as a whole instead of an individual asset. In the instant case, the assessee had challenged the order passed by the CIT(A) in inter …
