Provisions of personal guarantors to corporate debtors under IBC 2016 under notification dated 15th November, 2019 is legal and valid – Supreme Court The Central Government, vide notification dated 15th November, 2019, brought into force provisions relating to the personal guarantors (PGs) to Corporate Debtors with effect from …

Computation of Fair Market Value of Capital Assets u/s 50B of Income-tax Act. CBDT notifies formulas & Rule 11UAE for determination of FMV MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No.68/2021 New Delhi, the 24th May, 2021   G.S.R.338(E).—In exercise of the powers conferred by …

MCA21 Version 3.0 1st Phases launched by Ministry of Corporate Affairs MCA21 Version 3.0 1st Phases launched MCA21 Version 3.0 (V 3.0) 1st Phases was today launched by Ministry of Corporate Affairs. As per press release issued in this regard, the MCA21 Version 3.0 comprises of revamped website, …

AIFs/VCFs overall limit to invest overseas enhanced USD 1500 Million from earlier overall limit of USD 750 million. Read SEBI Circular SECURITIES & EXCHANGE BOARD OF INDIA CIRCULAR SEBI/HO/IMD/DF6/CIR/P/2021/565 May 21, 2021 To,All Alternative Investment Funds, All Venture Capital Funds Dear Sir /Madam, Subject: Enhancement of overall limit …

  Offsetting of excess Contribution of CSR funds to PM CARES made in FY 2019-20 against the requirement of CSR spending in FY 2020-21    Ministry of Corporate Affairs (MCA) has issued a clarification on offsetting the excess CSR spent for FY 2019-20   Offsetting of excess Contribution …

No relaxation in ICAI Annual membership / COP Fee for 2021-22 ICAI has issued it Annual Fee Circular for 2021-22. The fee became due for payment on 1st April, 2021 and needs to be paid on or before 30th September, 2021.    As per ICAI 71st Annual Report, …