CBDT extends due date for filing Form 10A-10AB

Posted on April 27, 2024

CBDT extends due date for filing Form 10A/10AB CBDT issues Circular No. 07/2024 dated 25.04.2024, further extending the due date for filing Form 10A/ Form 10AB under the Act, upto 30th June, 2024. This circular apprises that: CBDT had earlier... Read More →

Posted in Direct Tax |

Non-linkage of PAN-Aadhaar- CBDT gives relief to tax deductors-collectors

Posted on April 27, 2024

Non-linkage of PAN-Aadhaar: CBDT gives relief to tax deductors/collectors CBDT vide Circular No. 06/2024 dated 23.04.2024 provides partial relief to tax deductors/collectors by not treating them as defaulter for not deducting/collecting the TDS/TCS at higher rate u/s Section 206AA/206CC on... Read More →

Posted in Direct Tax |

Adjudication of Penalties – Section 454 of Companies Act, 2013

Posted on April 9, 2024

ADJUDICATION OF PENALTIES UNDER SECTION 454 OF COMPANIES ACT, 2013 The Registrar of Companies("ROC") is entrusted with various responsibilities under the Companies Act, 2013 ("Act") and one of them is to adjudicate penalties as per Section 454 of the Act.... Read More →

Posted in Regulatory |

Implementation of e-verification scheme-2021

Posted on February 27, 2024

CBDT implements e-verification Scheme-2021 to reconcile mismatches between third party information and ITR filed by Taxpayers CBDT issues Press Release dated 26.02.2024 on Implementation of e-Verification Scheme-2021. This Press Release apprises that: The Income Tax Department has identified certain mismatches between... Read More →

Posted in Direct Tax |

Direct listing of equity shares of unlisted Public Companies incorporated in India on International Exchanges

Posted on January 29, 2024

The Government of India has issued following notifications on 24th January, 2024 namely; Foreign Exchange Management (Non-Debt Instruments) Amendment Rules, 2024 Companies (Listing of Equity Shares in Permissible Jurisdictions) Rules, 2024. The aforementioned notifications enable unlisted public Indian companies as... Read More →

Posted in Regulatory |