Certain provisions of Companies Act 2013 to apply to LLP with modifications MCA has notified that the provisions of sections 90, 164, 165, 167, sub-section (5) of section 206, sub-section (3) of section 207, 252 and section 439 of the Companies Act, 2013 shall apply to limited liability …

Companies to furnish report on Corporate Social Responsibility from FY 2020-21 onwards. Companies (Accounts) Amendment Rules 2022 The MAC has notified the Companies (Accounts) Amendment Rules, 2022 by amending the Companies (Accounts) Rules, 2014. It has been provided that every company covered under Corporate Social Responsibility (CSR) under …

Limited Liability Partnership (Amendment) Rules, 2022 MCA has notified the Limited Liability Partnership (Amendment) Rules, 2022 by amending the Limited Liability Partnership Rules, 2009. In the amended rule 19 it has been provided that a LLP, a company or a proprietor of a registered trade mark and a …

IBBI prescribes guidelines for preservation of records by Insolvency Professional. Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Amendment) Regulations, 2022 IBBI has amended the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 by introducing Insolvency and Bankruptcy …

ICAI issues guidelines for conducting of distance/ remote/ online Peer Review  According to the announcement made in this regard, the ICAI has decided in favour of distance/remote/online Peer Review due to two years of covid-19 pandemic and the changed audit methodologies adopted for conducting audits. ICAI has stated …

Rejection of books due to admission of assessee being bogus accommodation entry provider is quiet correct – ITAT In the instant case, the assessee had challenged the order passed by the CIT(A) in sustaining the addition on bogus transaction of the assessee. ABCAUS Case Law CitationABCAUS 3579 (2022) …