CAclubindia Articles

Amendment in Companies Act, 2013 in March 2021

CS Divesh Goyal 06 August 2021 at 12:13

MCA has caused a myriad of amendments in the Companies Act, 2013 in March 2021. Covering all such amendments along with the impact of the same on the Corporates.

In-depth analysis of the Limited Liability Partnership (Amendment) Act, 2021

CS Tanveer Singh Saluja 06 August 2021 at 10:11

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.

Analysis: SEBI (Alternative Investment Funds) (Third Amendment) Regulations, 2021

CS Tanveer Singh Saluja 06 August 2021 at 09:26

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.

Analysis: SEBI (Foreign Portfolio Investors) (Amendment) Regulations, 2021

CS Tanveer Singh Saluja 06 August 2021 at 09:26

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.

New Income Tax Portal - Issue in E-Verification of ITR, Refund Re-issue, Form 15CA / 15CB and Several Others

Neethi V. Kannanth 06 August 2021 at 09:26

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.

Blocking of E-Way Bill (EWB) generation facility to resume after 15th August 2021

Rohit Kumar Singh 06 August 2021 at 09:26

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.

Match & Mismatch of Returns with 26AS, TRACES, GST, MCA, SEBI

CA Satish Badve 05 August 2021 at 13:22

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]

CA.R.S.KALRA 05 August 2021 at 09:26

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.

Related Party Transaction under Companies Act 2013

CS Divesh Goyal 05 August 2021 at 09:24

Section 2(76) - Definition of Related Party Transaction, Section 188 - Related Party Transaction and Section 189 - Registration of transactions in which directors are interested.

Section 186: Loan and Investment by Company

CS Divesh Goyal 05 August 2021 at 09:24

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.