Clarification of holding of AGM by Video Conference (VC) etc. in 2022 for FY ended any time before/on 31.03.2022 till 30th June 2022 The MCA has issued General Circular No. 20/2020 dated 05.05.2020, General Circular No. 02/2021 dated 13.01.2021 and General Circular No. 19/2021 dated 08.12.2021, clarifying the …
Indian Accounting Standards-An Overview. ICAI releases 6th edition (Revised 2021) The Institute of Chartered Accountants of India (ICAI) has released fifth edition of Indian Accounting Standards (IndAS): An Overview (Revised 2021). The publication gives a glance on the basic aspects of applicable Ind AS in a summarised manner, …
CBDT notifies e-Verification Scheme 2021. CBDT has issued Notification No. 137 /2021 for the e-Verification Scheme, 2021. The Scheme has come into effect from 13th December 2021. Scope of the e-Verification Scheme 2021 The Scheme shall apply be in respect of: (i) calling for information under section 133 …
Omission to claim statutory deduction u/s 57(iv) is a mistake apparent from record, rectifiable under Section 154 In the instant case, the assessee had challenged the order passed by the CIT(A) in confirming the order passed by the Assessing Officer (AO) u/s 154 of the Income Tax Act, …
RBI gives general permission for infusion of capital in overseas branches and subsidiaries and retention/ repatriation/ transfer of profits in these centres by banks incorporated in India As per existing practice, banks incorporated in India were required to seek prior RBI approval for infusion of capital in their …
MCA extends time for passing ordinary / special resolutions by companies by holding EGMs through video conferencing (VC) or other audio visual means (OAVM) till 30.06.2022 The MCA has issued several circulars for providing clarifications on the issue of passing of ordinary and special resolutions by companies by …
