MCA issues Frequently Asked Questions (FAQs) on Corporate Social Responsibility (CSR) The MCA has issued Frequently Asked Questions FAQs on Corporate Social Responsibility CSR. The broad provisions related to CSR are threefold and have been provided in Section 135 of the Companies Act, 2013 , Schedule VII and …

CA CMA CS Advocates with ten years of practice exempted from passing proficiency test for inclusion of name in Independent Directors database – MCA Notification  Ministry of Corporate Affairs has notified the Companies (Appointment and Qualification of Directors) Amendment Rules, 2021 to amend Rule 6 of the Companies …

CCI imposes Rs 200 crore penalty on Maruti for restricting discounts by dealers The Competition Commission of India (CCI) passed a final order against Maruti Suzuki India Limited (MSIL) for indulging in anti-competitive conduct of Resale Price Maintenance (RPM) in the passenger vehicle segment by way of implementing Discount …

Resolve glitches in e-filing portal by 15.09.2021 – Finance Minister told Infosys. Finance Ministry had a meeting with Infosys on glitches in e-filing portal of Income Tax Department Resolve glitches in e-filing portal by 15.09.2021 – this is reported to be demanded by Finance Minister from Infosys Yesterday …

Once capital gain taxed in hands of individual member of society, same cannot be taxed again in the hands of society ABCAUS Case Law CitationABCAUS 3544 (2021) (08) ITAT Important case law relied referred:Corporation of India Ltd. – 187 ITR 688 (SC)Mohinder Kaur JoshPunjabi Coop House Building Society …

Export of COVID-19 Rapid Antigen Testing kits – Procedure and Criteria for submission and approval of applications  DGFT has clarified procedure and Criteria for submission and approval of applications for export of COVID-19 Rapid Antigen Testing kits. Earlier, vide Notification No. 18/2015-20 dated 16.08.2021 it had restricted the …