MCA further provided the relaxation in holding Board meetings with the physical presence of directors through companies (Meetings of board and its powers) 2nd Amendment Rules 2020. It clarifies that meetings regarding approval of financial statements, board report etc may till 30th September, 2020 held through video conferencing or other audio visual means by ensuring […]
MCA (Ministry of Corporate Affairs) issued companies (Appointment and Qualification of Directors) 3rd Amendment Rules 2020 on 23rd June 2020 and this is regarding with the period of registering Independent Directors in Data Bank, got extended from 7 months to 10 months (as per the Companies (Appointment and Qualification of Directors) Second Amendment Rules, 2020 […]
Due to COVID-19 pandemic, government have provided with so many relaxations in dates regarding government compliances. MCA also provided the relaxation in name reservation. MCA extends the timelines names reserved and re-submission forms for companies and LLP’s .
Due to the outbreak of Novel Corona Virus, the Government on 31st March, 2020 brought the Taxation and Other Laws (Relaxation of Certain Provisions) Ordinance, 2020. In order to provide further relief to the taxpayers for making various compliances, the Government has issued a notification on 24th June, 2020 in which various time limits under […]
As per Section 285BA of the Income Tax Act read with rule 114E of Income Tax Rules 1962, specified reporting persons are required to furnish statement of financial transactions in Form No. 61A for FY 2019-20 by 30th June 2020In view of Notifications No. 3/ 2018 dated 5th April 2018, the registration, statement upload and […]
The scheme shall be applicable in respect of filing of Form No.CHG-l and Form No. CHG-9 by a company or a charge holder, where the date of creation /modification of charge:(a) is before 01.03.2020, but the timeline for filing such form had not expired under section 77 of the Act as on 01.03.2020, or(b) falls […]
UDIN Directorate ,ICAI on 17th June 2020 Incorporated provision for generating UDIN in bulk for Certificates in UDIN Portal. Using this facility now the members will be able to generate UDIN in bulk (uptil 300 UDINs) for various types of Certificates in one go. It can be done through uploading of excel file. Process for […]
Not surprisingly, the maximum number of cases registered in the consumer courts, are against developers on the issue of cheating, regarding the size of the flat. According to the provisions of the RERA Act, 2016 it is now the duty of the developer, to make buyers aware of the carpet area and quote prices based […]
CBIC vide Notification No. 47/2020-Central Tax, dt. 09-06-2020 amends Notification No. 40/2020 – Central Tax dated 05.05.2020 in respect of extension of validity of e-way bill generated on or before 24th March, 2020 whose validity has expired on or after 20th March, 2020 till 30th June, 2020.
In case where a notice has been issued for rejection of refund claim and where the time limit for issuance of order in terms of the provisions of sub section (5), read with sub section (7) of section 54 of the CGST Act, 2017 falls during the period from 20th March, 2020 to 29th June, […]
