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Blog, News, FEMA & Banking

May 10, 2024

RBI Notifies Directions on ‘Margin for Derivative Contracts’ After Review Based on Market Feedbacks

Circular No. RBI/2024-25/34 A.P. (DIR … Continue reading “RBI Notifies Directions on ‘Margin for Derivative Contracts’ After Review Based on Market Feedbacks”

Blog, News, Account & Audit

May 10, 2024

Quality Review Board of ICAI Has Issued Guidance on Non-compliances Observed During the Quality Review

The Quality Review Board (QRB) … Continue reading “Quality Review Board of ICAI Has Issued Guidance on Non-compliances Observed During the Quality Review”

Blog, News, Income Tax

May 10, 2024

[Opinion] Intricacies in Valuation for Angel Tax | Analysis Through Judicial Pronouncements

CA Anil Chachra – [2024] … Continue reading “[Opinion] Intricacies in Valuation for Angel Tax | Analysis Through Judicial Pronouncements”

News, Blog, Income Tax

May 10, 2024

ITAT Upheld Validity of Assessment Order as It Was Handed Over to Postal Dept. Within Limitation Period

Case Details: Shri S.P. Kohli … Continue reading “ITAT Upheld Validity of Assessment Order as It Was Handed Over to Postal Dept. Within Limitation Period”

Blog, News, GST & Customs

May 10, 2024

No Concessional GST Rate Available on Biomass/Agro Boilers and Agro Waste Fluid Thermic Heaters | HC

Case Details: Isotex Corporation (P.) … Continue reading “No Concessional GST Rate Available on Biomass/Agro Boilers and Agro Waste Fluid Thermic Heaters | HC”

Blog, News, GST & Customs

May 10, 2024

No GST Shall be Levied on Entry Fees Collected from Visitors/Devotees/Pilgrims | AAR

Case Details: Authority for Advance … Continue reading “No GST Shall be Levied on Entry Fees Collected from Visitors/Devotees/Pilgrims | AAR”

Blog, News, FEMA & Banking

May 10, 2024

RBI Issues Master Direction on ‘Margining for Non-Centrally Cleared OTC Derivatives’

Master Direction No. RBI/FMRD/2024-25/117 FMRD.DIRD.01/14.01.023/2024-25; … Continue reading “RBI Issues Master Direction on ‘Margining for Non-Centrally Cleared OTC Derivatives’”

Blog, News, FEMA & Banking

May 10, 2024

RBI Holds Meeting With Major Stakeholders in UPI Ecosystem; Aims to Scale Up UPI Infrastructure

Press Release: 2024-2025/268; Dated: 08.05.2024 … Continue reading “RBI Holds Meeting With Major Stakeholders in UPI Ecosystem; Aims to Scale Up UPI Infrastructure”

Blog, News, Company Law

May 10, 2024

MCA Relaxes Additional Fees on Filing of Form LLP BEN-2 and LLP Form No. 4D Up to 01.07.2024

General Circular No. 03/2024; Dated: … Continue reading “MCA Relaxes Additional Fees on Filing of Form LLP BEN-2 and LLP Form No. 4D Up to 01.07.2024”

News, Blog, Account & Audit

May 9, 2024

Accounting Treatment of Past Service Cost in Computing the Defined Benefit Obligation According to Ind AS 19

Accounting for defined benefit plans … Continue reading “Accounting Treatment of Past Service Cost in Computing the Defined Benefit Obligation According to Ind AS 19”