👉🏻Shares can be transferred in demat form only from 1st April - SEBI
(SEBI said transfer of shares of listed companies can be done only in the dematerialised form from April 1 but investors are not barred from holding shares in the physical form)
👇🏻 👇🏻 👇🏻
https://goo.gl/UFQv3G
👉🏻SC Bench examines validity of NCLT & NCLAT
(SC Constitution Bench is examining a petition filed by the Madras Bar Association challenging the creation of NCLT and NCLAT under the Companies Act 2013)
👇🏻 👇🏻 👇🏻
https://goo.gl/iRa6Nd
👉🏻Accounting of Service concession agreements under Ind AS
(Must Read details description on Accounting of Service concession agreements under Ind AS by CA Swati Gupta)
👇🏻 👇🏻 👇🏻
https://goo.gl/6ux5Cw
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CBDT notifies the Securities and Exchange Board of India (Mutual Funds) Regulations, 1996 for the purposes of the section 9A of the Income Tax Act.
CBIC Notifies Changes in Format of Shipping Bill for Export of Goods (SB I & SB II).
NCLAT in the matter of Jyoti Structures Limited: There is no provision that once a voting is made, after the final result, if it comes to the conclusion finally in absence of approval of the plan, the ‘Corporate Debtor’ may be ordered for liquidation. It is always open to the ‘Committee of Creditors’ to change their opinion within a period of CIRP.
SEBI came out with guidelines for business continuity plan and maintaining disaster recovery site for market infrastructure institutions, including clearing corporations. In June 2012, the watchdog prescribed framework for Business Continuity Plan (BCP) and Disaster Recovery Site (DRS) for stock exchanges and depositories.
Supreme Court warned the RBI of contempt proceedings for failing to disclose information regarding the annual inspection reports of banks sought under the RTI Act. The court gave the RBI one week’s time to comply with the directions or “be ready to face the consequences”.
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GST Notification and Circulars issued dt. 28-03-2019
Notification No. 15/2019-Central Tax : Extend the due date for furnishing of FORM GST ITC-04 for the period July 2017 to March 2019 till 30th June 2019
http://www.cbic.gov.in/htdocs-cbec/gst/notfctn-15-central-tax-english-2019.pdf
Circular No. 96/2019 : Clarify issues in respect of transfer of input tax credit in case of death of sole proprietor
http://www.cbic.gov.in/htdocs-cbec/gst/circular-cgst-96.pdf
Circular No. 95/2019: Clarify verification of application for grant of a new registration under GST for the same PAN
http://www.cbic.gov.in/htdocs-cbec/gst/circular-cgst-95.pdf
Circular No. 94/2019:: Clarify certain refund related issues under GST
http://www.cbic.gov.in/htdocs-cbec/gst/circular-cgst-94.pdf
ICAI : Extension of Last date for Empanelment of Members to act as Observers for May/June 2019 examinations till 10-04-2019
https://www.icai.org/new_post.html?post_id=15517&c_id=219
# CBDT issues guidelines dt. 28-03-2019 regarding Verification of suspicious transactions in case of struck-off companies
# Case law : Web hosting charges are not in the nature of royalty
EPRSS Prepaid Recharge Services India P. Ltd. Vs ITO (ITAT Pune) dt. 24/10/2018
