Salient features of Quarterly Return filing & Monthly Payment of Taxes (QRMP) Scheme Who can opt for the scheme:  Following registered person (hereinafter RP) can file quarterly returns and pay tax on monthly basis w.e.f. 01.01.2021 : An RP who is required to file Form GSTR 3B with …

ICSI signs MoU with Poonawalla Finance Private Limited for Special Term Loan for Company Secretaries ICSI signed MoU for Special Term Loan for CS The Institute of Company Secretaries of India (ICSI) has signed a MoU with Poonawalla Finance Private Limited for Special Term Loan for Company Secretaries. …

IWG submits report to RBI. Large NBFCs may be converted into banks, promoters’ stake can be increased in bank  Reserve Bank of India (RBI) had constituted an Internal Working Group (IWG) to review extant ownership guidelines and corporate structure for Indian private sector banks. The Terms of Reference …

  Standard Operating Procedure ( SOP ) to open and operate the “FCRA Account” under amended FCAR 2020 Standard Operating Procedure (SOP) to open and operate the “FCRA Account” as provided under Section 17(1) of the amended Foreign Contribution (Regulation) Act, 2010 with SBI, New Delhi Main Branch …

Reopening notice u/s 148 on wrong presumption that assessee not filed return of income quashed by Tribunal as non application of mind ABCAUS Case Law CitationABCAUS 3423 (2020) (11) ITAT Important case law relied upon by the parties:Pr. CIT vs. RMG Polyvinyl (2017) 83 taxmann.com 348 (Delhi)/ 396 …

High Court order rejecting transfer of pending winding up proceeding to NCLT on the basis of Rule 26 of the Companies (Court) Rules 1959 was flawed – SC ABCAUS Case Law CitationABCAUS 3422 (2020) (11) Important case law relied upon by the parties:Forech India Ltd. vs. Edelweiss Assets …