After receiving the approval of the Union Cabinet on 28th July 2021, MCA had tabled the LLP (Amendment) Bill, 2021, in the upper house of the Parliament which was passed on 4th August 2021.
The SEBI has notified a new set of regulations to amend the existing SEBI (Alternative Investment Funds) Regulations, 2012 which shall come into force as on the date of its publication in the Official Gazette.
The SEBI has notified a new set of regulations to amend the existing SEBI (Foreign Portfolio Investors) Regulations, 2019 which shall come into force as on the date of its publication in the Official Gazette.
The Income Tax Department launched the new income tax portal with the assurance of a convenient, modern, and seamless experience. However, the reality is a far cry from the intended.
GSTN had issued an advisory that non filing of GST Returns may lead to blocking of the E-Way Bill facility. This was kept on hold due to the ongoing pandemic and the same is set to return from 15th August 2021.
There is a lot of issue in the matching of Returns with Form 26AS, TRACES, GST, MCA and SEBI. In this article, we discuss this issue and its possible solution for taxpayers and professionals.
![Section 194J - TDS on Professional or Technical Fees [Updated for FY 2021-22]](/img/previewthumb/custom/20210324085850_checklist.jpg "Section 194J - TDS on Professional or Technical Fees [Updated for FY 2021-22]")
The tax has to be deducted in case the payment is greater than ₹ 30,000 during the year. Such ₹30,000 is the maximum limit that is applicable to each item or payment independently.
Section 2(76) - Definition of Related Party Transaction, Section 188 - Related Party Transaction and Section 189 - Registration of transactions in which directors are interested.
As per Section 186(2), no company shall directly or indirectly give any loan to any person or give any guarantee or provide security in connection with a loan to any other body corporate or person.
Analysing which are the entities to whom a company can give Loan/ Guarantee/ Security etc' under Section 185 of the Companies Act, 2013 after amendment by the Companies Amendment Act, 2017.
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
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