Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) (Second Amendment) Regulations, 2022 In exercise of the powers conferred by section 11, sub-section (2) of section 11A and section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992) read with section 31 of the Securities Contracts (Regulation) […]
SEBI releases second amendment regulations,2022 Read More »
ICAI issues Guidance note on Companies Auditor’s report order, 2020 The Ministry of Corporate Affairs (MCA) has issued the Companies (Auditor’s Report) Order, 2020 (CARO 2020) on 25th February 2020, which was initially applicable for statutory audits of financial statements for periods beginning on or after April 1, 2019. Subsequently, vide notification dated 24th March
ICAI: Guidance note on Companies Auditor’s Report Order (CARO),2020 Read More »
IMPACT ON RESTAURANT ECOSYSTEM The recent notification stated that food ordering platforms have to collect tax on behalf of all restaurants. The new provision comes as a result of this notification issued by the Finance Ministry under which the food aggregators are directed to pay 5% of GST for cooked food orders through their platforms.
New GST provision impacting on restaurant ecosystem Read More »
STRIKING OFF OF LLP WITHOUT FILING ANNUAL RETURNS LLP was required to file all pending annual returns before making an application for strike off of LLP in form-24 But the Central Government hereby makes the following rules further to amend the Limited Liability Partnership Rules, 2009, namely:— (1) These rules called the Limited Liability Partnership
MCA: STRIKING OFF OF LLP WITHOUT FILING ANNUAL RETURNS Read More »
CBIC: Restoration of Cancelled Registration based on Appellate order As per S- 107 of the CGST Act, 2017 any person who is aggrieved by any decision or order passed under this Act or under State Goods and Service Tax Act by an adjudicating authority may appeal to the appellate authority within three months from the
CBIC notifies restoration of Cancelled Registration based on Appellate order Read More »
FINANCE BILL 2022: INSERTION OF SECTION 140B A New Section 140B has been inserted in Direct Taxation by Finance Minister in the Budget 2022 for the tax to be paid to file a return under the proposed provisions i.e. Section 139(8A) of the Income Tax Act. As per this new clause, a Taxpayer will
Insertion of new section 140B under Income Tax Act Read More »
FOUR FINTECH HELP IN EMPOWERMENT OF MSME’s TO AVAIL EASY LOAN INTRODUCTION: MSME is the abbreviation used for Micro, small and medium enterprises. MSM Enterprises or small-scale industries (SSIs) are like a backbone of the economy of the developing country like India. The growth of these industries directly impacts the growth of the Indian
Fintechs help in empowerment of MSME’s availing loan Read More »
AADHAR AUTHENTICATION FOR EXISTING GST TAXPAYERS The GST Council in its 45th meeting inter alia made recommendations regarding Aadhaar authentication of registration to be made mandatory for being eligible for filing refund claims and applying for revocation of cancellation of registration under GST. Accordingly, the CBIC vide Notification No. 35/2021–Central Tax dated September 24,
All about Aadhar Authentication for existing GST Taxpayers Read More »
FILING OF INCOME TAX RETURNS (ITR) ONLINE FOR THE F.Y 2021-22 (AY 2022-23) Income Tax Department has notified 7 various forms up till now i.e. Form ITR 1 to ITR 7 for filing Income Tax Return for different types of income and different types of entities. It is important that every taxpayer should file his/her
CBDT notifies ITR forms for the financial year 2021-22 Read More »
CBIC: Restoration of Cancelled Registration based on Appellate order As per S- 107 of the CGST Act, 2017 any person who is aggrieved by any decision or order passed under this Act or under State Goods and Service Tax Act by an adjudicating authority may appeal to the appellate authority within three months from the
CBIC introduces new facility to restore of Cancellation of GST Registration Read More »
