Definition of Infrastructure Investment Trust (InvIT) and Real Estate Investment Trust (REIT) under FEMA aligned to Income Tax Act 1961 RESERVE BANK OF INDIA(Financial Markets Regulation Department)(CENTRAL OFFICE) NOTIFICATION Mumbai, the 13th October, 2021 Foreign Exchange Management (Debt Instruments) (First Amendment) Regulations, 2021 No. FEMA.396(1)/2021-RB.—In …
SEBI warns Investment Advisers dealing in unregulated products SEBI has warned registered Investment Advisers engaged in unregulated activity. According to the Press Release issued by SEBI, some registered Investment Advisers are engaged in unregulated activity by providing platform for buying/ selling/ dealing in unregulated products including digital gold. …
ICSI prescribes Due Diligence Report for Format for Listed Entities ICSI has prescribed Due Diligence Report format for Listed Entities pursuant to Regulation 10 (3) of the SEBI (Delisting of Equity Shares) Regulations, 2021. As per the prescribed format, the Company Secretary has to verify the applicability and …
CBDT prescribes Form/manner of furnishing undertaking u/s section 119 of Finance Act 2012 INISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 120/2021 New Delhi, the 13th October, 2021 INCOME-TAX G.S.R.737(E).—In exercise of the powers conferred by the first provisio to section 119 of Finance Act, …
Registration of Assignment of Receivables (Amendment) Rules, 2021. Registration of transactions of assignment of receivables MINISTRY OF FINANCE(Department of Financial Services) NOTIFICATION New Delhi, the 11th October, 2021 G.S.R.732(E).—In exercise of powers conferred by clauses (a), (b) and (c) of sub-section (2) of section 32 of the Factoring …
When reasons for reopening were never sought by assessee plea can not be taken that reasons not supplied or not supplied within reasonable time In the instant case, the assessee had challenged the order passed by the CIT(A) in sustaining the proceedings u/s 147/148 of the Income Tax …