Half Yearly Audit Report on Reconciliation of Share Capital

The Ministry of Corporate Affairs (MCA), with a view to reinforcing the investor interest and better corporate governance, amended the Companies (Prospectus and Allotment of Securities) Rules, 2014 by issuing Companies (Prospectus and Allotment of Securities) Third Amendment Rules, 2019... Read More →

Posted in Regulatory |

Gujarat High Court Allows Refund of “Accumulated Credit on Input Service” in case of “Inverted Duty Structure”

The Landmark judgement by Gujarat High court on July 24, 2020, has come out with relief for many industries functioning in the field of textiles, railway locomotives and parts, handlooms, solar modules, e-commerce, etc. as it was held that by... Read More →

Posted in GST |

Income tax (17th Amendment) Rules 2020 dated 24th July,2020.

The Income-tax (17th Amendment) Rules 2020 have brought in certain procedural amendments in the following rules: Effective from 1st October 2020 Rule 37CA (Time for TCS payment); Rule 37-I (TCS Credit); Rule 31AA (TCS Return); and Form No. 27 EQ... Read More →

Posted in Direct Tax |

100 People: A World Portrait

The Project "100 people: A World Portrait’’ was created to help people conceptualize the world’s staggering population. By using information from the World health organization, the World Bank, the census, the United Nations, and others, the project used the world’s... Read More →

Posted in Green Initiative |

Delhi HC Judgement-No Right to issue Belated Deficiency Memo After Termination of Statutory Limits

The Delhi High Court in its decision on 22nd July, 2020 in response to the Petition filed by "Jian International" stated that the Respondent has lost the right to raise the deficiency in the Petitioner's Refund application at belated stage... Read More →

Posted in GST, GST Update |