SEBI also directed the Bharat InvITs Association (BIA) to standardize the format for quarterly reports and compliance certificates that investment managers of InvITs submit to trustees. This uniform ...

In response, the MCA conducted a hearing and issued a penalty order for non-compliance. The company and its directors were ...

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962) and sub-section (12) of section 3 of the Customs Tariff Act, 1975 (51 of 1975), the Central ...

Effect of the Public Notice: Additional Port of export as ‘Amritsar Airport’ added in Para 4.71 of the Handbook of Procedures 2023, for exports under schemes of gold/silver/platinum jewellery and ...

5.2 The impugned goods are for testing of food and not for diagnostic purposes of human beings (including animals). Main ...

Invoice Management System (IMS) is an optional facility introduced from October 2024 on GST Portal, on which the ...

The Government of India has introduced the Supplier View functionality within the Invoice Management System (IMS) on the GST Portal as of November 13, 2024. This feature allows suppliers to view the ...

The International Monetary Fund (IMF) has retained India’s economic growth rate at 7% for the current fiscal 2024-25. For ...

One such provision is Section 128A r.w.t Rule 164, which outlines the procedure and conditions for the closure of proceedings under Section 128A of the CGST Act, 2017, generally termed as “GST Amnesty ...

SEBI has released a circular addressing three key regulatory updates for Real Estate Investment Trusts (REITs). Firstly, SEBI relaxed specific lock-in and allotment requirements for units assigned to ...

ITAT Visakhapatnam held that revision u/s. 263 quashed as AO already disallowed the claim of depreciation while framing assessment and assessed income at NIL due to proper application of funds. Facts- ...

The elections are held by following the system of proportional representation by means of a single transferable vote and in accordance with the Chartered Accountants (Election to the Council) Rules, ...