Key highlights of SEBI’s Board Meeting held on 28.09.2021
The SEBI Board held its meeting in Mumbai on 28.09.2021. The key decisions taken by the Board include as viz. i) Approval of framework for Gold Exchange and SEBI (Vault…
The SEBI Board held its meeting in Mumbai on 28.09.2021. The key decisions taken by the Board include as viz. i) Approval of framework for Gold Exchange and SEBI (Vault…
EXCISE/ST/VAT: Where any amount was paid under protest, it is neither pre-deposit nor service tax; it is only a deposit made by appellant and since said amount was retained by…
The SEBI has introduced swing pricing framework for open ended debt mutual fund schemes. Under this framework, the swing pricing framework will be made applicable only for scenarios related to…
COMPANY LAW : Where more than 99.86 per cent shareholders of applicant-company were in favour of consolidation of shares and valuation of shares had been done by registered valuers and…
FEMA, BANKING amp; INSURANCE : Where Saradha Group of Industries was involved in cheating large number of gullible depositors though different ponzi schemes and money trail of said ponzi company…
INCOME TAX : Where a payment was reflected in Form-26AS and was shown to have been made to assessee, it could not be brought to tax if it could not…
INCOME TAX : Where assessee failed to file reply to notice-cum-draft assessment order served upon him proposing an addition of huge amount as portal of assessee was not working between…
The Income-tax dept. has carried out search operation on a group of four major Steel Rolling Mills based in Jalna, Maharashtra. Group engaged in the business of manufacturing steel TMT…
The Institute of Chartered Accountants of India (ICAI) had submitted to National Financial Reporting Authority (NFRA) an Approach Paper for revision of existing Accounting Standards of Companies that are not…
INCOME TAX : Where Assessing Officer treated cash deposits in assessee's bank account as unexplained investment under section 69 without considering letter from payer company evidencing nature of payments made…