Advance Ruling on ITC available on CSR expenses Since the inception of GST law, this question has been raised on various occasions whether CSR expenses which are mandatory in nature to be considered as incurred in the course of business or not. Accordingly, ITC availability of CSR expenses has always raised a question mark in
CBIC has vide its notification 33/2021 – Customs (N.T.) notify the www.icegate.gov.in portal as common portal under the Customs Act, 1962 for facilitating registration, filing of bill of entry, shipping bills, other documents and forms prescribed under the Customs Act, 1962. The full text of the notification is as follows:- MINISTRY OF FINANCE (Department of
The CBIC has vide its notification no 36/2021 – Customs (N.T.) notify the amendment in the bill of entry presented under the second proviso to sub-section (3) of section 46 of the Customs Act, 1962 which may be done by the importer on the common portal. The full text of the notification is as follows:-
The Ministry of Corporate Affairs (MCA) vide its Notification Dated 24th March 2021 amends Schedule III to the Companies Act, 2013 which deals with the format of Balance Sheet. Official Notification is as follows:- MINISTRY OF CORPORATE AFFAIRS Notification New Delhi, 24th March, 2021 G.S.R. (E).—In exercise of the powers conferred by sub-section (1) of
The Ministry of Corporate Affairs (MCA) vide its Notification Date appointed the 24th March 2021 for commencement of Section 23 and Section 45 of the Companies (Amendment) Act, 2020. (A) Vide Section 23 of the Companies (Amendment) Act, 2020 Central Government amends the sub-section (7) of Section 124 of the Companies Act, 2013 and replace
The Ministry of Corporate Affairs (MCA) vide its Notification Dated 24th March 2021 in exercising its powers conferred by section 134 read with section 469 of the Companies Act, 2013 notify the Companies (Accounts) Amendment Rules, 2021 to further amend the Companies (Accounts) Rules, 2014. Official Notification is as follows:- MINISTRY OF CORPORATE AFFAIRS NOTIFICATION
The Ministry of Corporate Affairs (MCA) vide its Notification Dated 24th March 2021 exercising its power under section 139, 143, 147 and 148 read with sub-section (1) and (2) of section 469 of Companies Act, 2013 notify the Companies (Audit and Auditors) Amendment Rules, 2021 to further amend the Companies (Audit and Auditors) Rules, 2014.
The Goods and Services Tax Network (GSTN) has issued the advisory on opting-in for the composition scheme for the Financial Year 2021-22. How to opt-in for Composition Scheme: The eligible registered taxpayers, who want to opt-in for composition scheme for the FY 2021-22, need to file FORM GST CMP-02 application, on or before 31st March, 2021, post
The Securities and Exchange Board of India (SEBI) vide its Notification Dated 23rd March 2021, exercising its power conferred by Section 4, 8A, and 31 of the Securities Contracts (Regulation) Act, 1956, further amend the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018. Official Notification as follows:- SECURITIES AND EXCHANGE BOARD OF INDIA
