SECURITIES AND EXCHANGE BOARD OF INDIA (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) (SIXTH AMENDMENT) REGULATIONS, 2021
The SEBI notified SEBI (Listing Obligations And Disclosure Requirements) (Sixth Amendment) Regulations, 2021 (hereinafter referred to as “Amended Regulations”) vide Notification No. SEBI/L AD-N RO/GN/2021/55 Dated: November 9, 2021 to amend the existing Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. These regulations shall come into force w.e.f. 01st April, 2022 unless otherwise specified in the respective […]
EXTENSION OF DUE DATE TO COMPLY WITH THE REQUIREMENTS UNDER THE COMPANIES ACT
The Ministry of Corporate Affairs (MCA) vide Notification dated March 31, 2022, has issued ‘Companies (Accounts) Second Amendment Rules, 2022 (hereinafter referred to as “Second Amendment Rules”), which amends the Companies (Accounts) Rules, 2014 as below: Rule 3 – Manner of Books of Account to be Kept in Electronic Mode As per the Companies (Accounts) Amendment Rules, […]
Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) (Amendment) Regulations, 2022
In exercise of the powers conferred by section 196(1)(t) read with section 240 of the Insolvency and Bankruptcy Code, 2016, the Insolvency and Bankruptcy Board of India (IBBI) amended the Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017 and has notified Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) (Amendment) Regulations, […]
GST Rate Changes in Bricks and Earthen or roofing tiles
The government on March 31 ,2022 notified the GST rates that would be applicable from 1st April ,2022 .Those businesses who do not wish to opt for the composition scheme would be subject to 12 per cent GST with ITC. Amendment related to person engaged in making supply of the goods as per below HSN […]
Introduction of Restoration of Cancelled Registration based on Appellate order
Communications have been received from field formations about passing judicial / appeal orders against cancellation orders, passed suo-motu by the Range officers u/s 29 of the CGST Act, 2017. It has also come to notice that taxpayers in certain cases, had obtained orders from High Courts / appellate authorities to restore registrations cancelled on their […]
NEW V3 PORTAL FOR LLP (Limited Liability Partnership) by MCA
INTRODUCTION MCA has launched its new application (v3) for e-filing by LLPs on MCA V 3 portal to improve the delivery of LLP services. It may be noted that all the LLP e-filing services are being upgraded and migrated to MCA V3 portal. However, all the other services will continue to exist at MCA V3 (existing) […]
Standard Operating Procedure (SOP) for Scrutiny of returns for FY 2017-18 and FY 2018-19
Section 61 of the Central Goods and Services Tax Act, 2017 read with rule 99 of Central Goods and Services Tax Rules, 2017 provides for scrutiny of returns and related particulars furnished by the registered person. Till the time a Scrutiny Module for online scrutiny of returns is made available on the CBIC-GST application, as […]
E-invoicing – Next phase will apply to businesses with a turnover of 20 crores from April 1, 2022
Background E-invoicing in India will be a big move, due to the volume of business transactions undertaken every day, as well as the different, non-standardized formats used in invoice generation. The main objective is that an e-invoice generated by one software should be capable of being read by any other software. New system of […]
SECURITIES AND EXCHANGE BOARD OF INDIA (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) (AMENDMENT) REGULATIONS, 2022
The SEBI notified SEBI (Listing Obligations And Disclosure Requirements) (Amendment) Regulations, 2022 (hereinafter referred to as “Amended Regulations”) vide Notification No. SEBI/LAD-NRO/GN/2022/66 Dated: January 24, 2022 to amend the existing Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. These regulations shall come into force w.e.f. January 24, 2022 The Amended Regulations and its comparison and […]
MCA Extends Due Dates for e-forms AOC-4/ AOC-4 (CFS)/ AOC-4 (XBRL), AOC-4 (Non-XBRL), MGT-7/ MGT-7A
Further to various extensions granted previously by Ministry of Corporate Affairs (hereinafter referred to as “MCA”) to file e -forms AOC-4/ AOC-4 (CFS)/ AOC-4 (XBRL), AOC-4 (Non-XBRL), MGT-7/ 7A, under the Companies Act, 2013 (hereinafter referred to as “the Act”), MCA has again extended the due dates for filing of the aforesaid forms, via Circular […]