Newsletter on daily professional updates- 05/02/2020CA PRADEEP GOYAL
Sharing knowledge is the most fundamental act of friendship.
Because it is a way you can give something without loosing something.
Here is your Daily dose of professional updates 05.02.2020
Newsletter on daily professional updates- 07/03/2020CA PRADEEP GOYAL
“Sharing knowledge occurs when people are genuinely interested in helping one another develop new capacities for action;
it is about creating learning processes.”
Here is your Daily dose of professional updates 07.03.2020
Newsletter on daily professional updates- 13/02/2020CA PRADEEP GOYAL
“I believe that the greatest crime is
to learn something that can significantly benefit other people,
yet share it with no one.”
Here is your Daily dose of professional updates 13.02.2020
“Knowledge is like a garden; if it is not cultivated, it cannot be harvested.” Hi Good morning, attached today's newsletter dated 17.09.2020. have a great day ahead
Newsletter on daily professional updates- 05/02/2020CA PRADEEP GOYAL
Sharing knowledge is the most fundamental act of friendship.
Because it is a way you can give something without loosing something.
Here is your Daily dose of professional updates 05.02.2020
Newsletter on daily professional updates- 07/03/2020CA PRADEEP GOYAL
“Sharing knowledge occurs when people are genuinely interested in helping one another develop new capacities for action;
it is about creating learning processes.”
Here is your Daily dose of professional updates 07.03.2020
Newsletter on daily professional updates- 13/02/2020CA PRADEEP GOYAL
“I believe that the greatest crime is
to learn something that can significantly benefit other people,
yet share it with no one.”
Here is your Daily dose of professional updates 13.02.2020
“Knowledge is like a garden; if it is not cultivated, it cannot be harvested.” Hi Good morning, attached today's newsletter dated 17.09.2020. have a great day ahead
This daily newsletter provides updates on indirect taxes, direct taxes, corporate law, insolvency and bankruptcy, MSMEs, and the Indian economy. It summarizes recent notifications, circulars, legal updates from various authorities, and news articles. Key highlights include CBIC guidelines on disposal of unclaimed goods, revised import procedures for pets, Rajasthan High Court issuing notice on GST input tax credit restrictions, and IBBI notifying amendments to insolvency regulations.
Newsletter on daily professional updates- 07/01/2020CA PRADEEP GOYAL
“If four things are followed –
having a great aim,
acquiring knowledge,
hard work, and
perseverance –
then anything can be achieved.”
Here is your Daily dose of professional updates 07.01.2020
Daily dose of professional updates in newsletter form- 4th September 2019CA PRADEEP GOYAL
Unless you try to do something beyond what you have already mastered, you will never grow. Here is your Daily dose of professional updates in newsletter form- 4th September 2019
Newsletter on daily professional updates- 31st December, 2019CA PRADEEP GOYAL
This daily newsletter provides updates on changes in laws and regulations from authorities such as the CBIC, CBDT, ICAI, and MCA. The document summarizes recent developments including the extension of the deadline to link PAN and Aadhaar, amendments to GST notification rates, and clarification from CBIC on GST refunds to exporters. It also previews changes like mandatory e-invoicing and new GST returns to be introduced in 2020.
Newsletter on daily professional updates- 23/01/2020CA PRADEEP GOYAL
I believe that the greatest crime is to learn something that can significantly benefit other people, yet share it with no one
Here is your Daily dose of professional updates 23.01.2020
Newsletter on daily professional updates- 21/03/2020CA PRADEEP GOYAL
“A hero is an ordinary individual who finds the strength
to persevere and endure in spite of overwhelming obstacles.”
Here is your Daily dose of professional updates 21.03.2020
Newsletter on daily professional updates- 8th November 2019CA PRADEEP GOYAL
Stay positive and happy.
Work hard and don't give up hope.
Be open to criticism and keep learning.
Surround yourself with happy, warm and genuine people.
Here is your Daily dose of professional updates in newsletter form- 8th November, 2019
Newsletter on daily professional updates- 09/04/2020CA PRADEEP GOYAL
“Sharing your knowledge with others does not make you less important
Keep sharing, keep connected.”
Here is your Daily dose of professional updates 09/04/2020
"Knowledge is like money: to be of value it must circulate, and in circulating it can increase in quantity and, hopefully, in value"- Hi attached today's Newsletter 13.10.2020. Good Day ahead.
Newsletter on daily professional updates- 18th September 2019CA PRADEEP GOYAL
This daily newsletter provides updates on laws, regulations, and developments in India across various fields including taxation, corporate laws, insolvency and bankruptcy, and the economy. Key updates in this issue include the CBDT waiving the lock-in period for non-resident investment in infrastructure debt funds, the ICAI issuing FAQs on dividend distribution tax under Ind AS, and the RBI releasing a discussion paper on payment gateways and aggregators. The newsletter also summarizes recent court judgments and reports on proposed GST rate cuts.
The more extensive a man’s knowledge of what has been done, the greater will be his power
of knowing what to do"- Good Morning, attached today's newsletter 11.09.2020. Have a great weekend.
Newsletter on daily professional updates- 17th September 2019CA PRADEEP GOYAL
In today's environment, hoarding knowledge ultimately erodes your power. If you know something very important, the way to get power is by actually sharing it.
Here is your Daily dose of professional updates in newsletter form- 17th September 2019
Newsletter on daily professional updates- 19th September 2019CA PRADEEP GOYAL
This document provides a daily newsletter with updates on business, professional, legal and economic matters from September 19, 2019. It includes summaries of recent court judgements and advance rulings related to Goods and Service Tax and Income Tax. It also provides notifications, press releases, and other announcements from regulatory bodies such as CBIC, CBDT, ICAI, and MCA. Updates on new policies, startups, and the latest economic and financial developments are also presented. The newsletter aims to keep readers well-informed of daily changes and reforms.
This document is a newsletter covering topics related to indirect taxes, direct taxes, corporate laws, insolvency and bankruptcy, and the economy. It provides updates on notifications, circulars, and legal cases. Some key updates include a clarification on the provision allowing unconditional exemption from GST collection, a facility to download details of Form GSTR-9, and guidance on manufacturing operations in special warehouses. Case summaries relate to GST applicability on construction lifts and availability of input tax credit. The newsletter also shares announcements from regulatory bodies and reports on recent legal, policy, and economic developments.
Newsletter on daily professional updates- 17/01/2020CA PRADEEP GOYAL
Be a lifelong student.
The more you learn, the more you earn
and the more self-confidence you will have
Here is your Daily dose of professional updates 17.01.2020
This daily newsletter provides updates on indirect taxes, direct taxes, corporate law, insolvency and bankruptcy, MSMEs, and the Indian economy. It summarizes recent notifications, circulars, legal updates from various authorities, and news articles. Key highlights include CBIC guidelines on disposal of unclaimed goods, revised import procedures for pets, Rajasthan High Court issuing notice on GST input tax credit restrictions, and IBBI notifying amendments to insolvency regulations.
Newsletter on daily professional updates- 07/01/2020CA PRADEEP GOYAL
“If four things are followed –
having a great aim,
acquiring knowledge,
hard work, and
perseverance –
then anything can be achieved.”
Here is your Daily dose of professional updates 07.01.2020
Daily dose of professional updates in newsletter form- 4th September 2019CA PRADEEP GOYAL
Unless you try to do something beyond what you have already mastered, you will never grow. Here is your Daily dose of professional updates in newsletter form- 4th September 2019
Newsletter on daily professional updates- 31st December, 2019CA PRADEEP GOYAL
This daily newsletter provides updates on changes in laws and regulations from authorities such as the CBIC, CBDT, ICAI, and MCA. The document summarizes recent developments including the extension of the deadline to link PAN and Aadhaar, amendments to GST notification rates, and clarification from CBIC on GST refunds to exporters. It also previews changes like mandatory e-invoicing and new GST returns to be introduced in 2020.
Newsletter on daily professional updates- 23/01/2020CA PRADEEP GOYAL
I believe that the greatest crime is to learn something that can significantly benefit other people, yet share it with no one
Here is your Daily dose of professional updates 23.01.2020
Newsletter on daily professional updates- 21/03/2020CA PRADEEP GOYAL
“A hero is an ordinary individual who finds the strength
to persevere and endure in spite of overwhelming obstacles.”
Here is your Daily dose of professional updates 21.03.2020
Newsletter on daily professional updates- 8th November 2019CA PRADEEP GOYAL
Stay positive and happy.
Work hard and don't give up hope.
Be open to criticism and keep learning.
Surround yourself with happy, warm and genuine people.
Here is your Daily dose of professional updates in newsletter form- 8th November, 2019
Newsletter on daily professional updates- 09/04/2020CA PRADEEP GOYAL
“Sharing your knowledge with others does not make you less important
Keep sharing, keep connected.”
Here is your Daily dose of professional updates 09/04/2020
"Knowledge is like money: to be of value it must circulate, and in circulating it can increase in quantity and, hopefully, in value"- Hi attached today's Newsletter 13.10.2020. Good Day ahead.
Newsletter on daily professional updates- 18th September 2019CA PRADEEP GOYAL
This daily newsletter provides updates on laws, regulations, and developments in India across various fields including taxation, corporate laws, insolvency and bankruptcy, and the economy. Key updates in this issue include the CBDT waiving the lock-in period for non-resident investment in infrastructure debt funds, the ICAI issuing FAQs on dividend distribution tax under Ind AS, and the RBI releasing a discussion paper on payment gateways and aggregators. The newsletter also summarizes recent court judgments and reports on proposed GST rate cuts.
The more extensive a man’s knowledge of what has been done, the greater will be his power
of knowing what to do"- Good Morning, attached today's newsletter 11.09.2020. Have a great weekend.
Newsletter on daily professional updates- 17th September 2019CA PRADEEP GOYAL
In today's environment, hoarding knowledge ultimately erodes your power. If you know something very important, the way to get power is by actually sharing it.
Here is your Daily dose of professional updates in newsletter form- 17th September 2019
Newsletter on daily professional updates- 19th September 2019CA PRADEEP GOYAL
This document provides a daily newsletter with updates on business, professional, legal and economic matters from September 19, 2019. It includes summaries of recent court judgements and advance rulings related to Goods and Service Tax and Income Tax. It also provides notifications, press releases, and other announcements from regulatory bodies such as CBIC, CBDT, ICAI, and MCA. Updates on new policies, startups, and the latest economic and financial developments are also presented. The newsletter aims to keep readers well-informed of daily changes and reforms.
This document is a newsletter covering topics related to indirect taxes, direct taxes, corporate laws, insolvency and bankruptcy, and the economy. It provides updates on notifications, circulars, and legal cases. Some key updates include a clarification on the provision allowing unconditional exemption from GST collection, a facility to download details of Form GSTR-9, and guidance on manufacturing operations in special warehouses. Case summaries relate to GST applicability on construction lifts and availability of input tax credit. The newsletter also shares announcements from regulatory bodies and reports on recent legal, policy, and economic developments.
Newsletter on daily professional updates- 17/01/2020CA PRADEEP GOYAL
Be a lifelong student.
The more you learn, the more you earn
and the more self-confidence you will have
Here is your Daily dose of professional updates 17.01.2020
Newsletter on daily professional updates- 27/02/2020CA PRADEEP GOYAL
This daily newsletter aims to keep readers updated on daily developments in laws and regulations related to direct taxes, goods and services tax, income tax, corporate laws, insolvency and bankruptcy laws, and economic and financial news. It provides summaries of legal updates from authorities such as tribunals, high courts and the Supreme Court. The newsletter also shares notifications, circulars, and reports from regulatory bodies including the ICAI, ICSI, IBBI, SEBI, and RBI. The goal is to help professionals stay informed of changes occurring in various areas of the law and economy.
Newsletter on daily professional updates- 12th September 2019CA PRADEEP GOYAL
Knowledge is like money: to be of value it must circulate, and in circulating it can increase in quantity and, hopefully, in value. Here is your Daily dose of professional updates in newsletter form- 12th September, 2019
Newsletter on daily professional updates- 10th December 2019CA PRADEEP GOYAL
Develop a passion for learning. If you do, you will never cease to grow
Here is your Daily dose of professional updates in newsletter form- 10th December, 2019
Newsletter on daily professional updates- 01/04/2020CA PRADEEP GOYAL
“True strength lies in submission which permits one to dedicate his life, through devotion, to something beyond himself."
Presenting Daily dose of professional updates dated 01.04. 2020. This is 200th edition and 1st Newsletter of Financial Year 2020-2021
Newsletter on daily professional updates- 08/04/2020CA PRADEEP GOYAL
“Ideas are knowledge.
When we share knowledge in the written or verbal form, amazing things can happen.”
Here is your Daily dose of professional updates 08.04.2020
Newsletter on daily professional updates- 6th September 2019CA PRADEEP GOYAL
The greater our knowledge increases, the greater our ignorance unfolds
Here is your Daily dose of professional updates in newsletter form- 6th September 2019
Newsletter on daily professional updates- 26/03/2020CA PRADEEP GOYAL
United we are fighting with Covid-90, please contribute in Prime Minister Relief Fund or your state CM Relief fund.
Here is your Daily dose of professional updates 26.03.2020
Newsletter on daily professional updates- 10/05/2020CA PRADEEP GOYAL
“Knowledge is power? No. Knowledge on its own is nothing, but the application of useful knowledge, now that is powerful.”
Here is your Daily dose of professional updates 10.05.2020
Newsletter on daily professional updates- 11th December 2019CA PRADEEP GOYAL
If you think education is expensive,
try estimating the cost of ignorance
Here is your Daily dose of professional updates in newsletter form- 11th December, 2019
Newsletter on daily professional updates- 16/01/2020CA PRADEEP GOYAL
“Education is the passport to the future,
for tomorrow belongs to those who prepare for it today.”
Here is your Daily dose of professional updates 16.01.2020
“Be a lifelong student. The more you learn, the more you earn and more self-confidence you will have.” Good morning, attached today's newsletter 20.10.2020. Good day ahead.
"Without knowledge action is useless and knowledge without action is futile"- Good morning, attached today's newsletter 17.10.2020. Have a great weekend.
This daily newsletter provides legal updates from various authorities like AAAR, NCLT, NCLAT and High Courts/Supreme Court on topics like GST, insolvency and corporate laws. It also includes announcements from ICAI and ICSI on examinations, webinars, and other programs. Regulatory updates from RBI, SEBI on revised FAQs on insider trading regulations and inter-scheme transfers are also included. Reports on MSME loans under credit guarantee scheme touching Rs. 1.87 lakh crores benefiting 50.7 lakh MSMEs and extension of interest subvention scheme for MSME loans are part of the economic and finance news.
This daily newsletter provides updates on Indian tax laws, corporate laws, and economic policies. It summarizes recent notifications on e-invoicing requirements being relaxed until October 31st for certain businesses. It also summarizes GST revenue collection amounts for September 2020. Additionally, it announces upcoming training events and links to papers on insolvency and bankruptcy laws in India.
The document is a newsletter providing updates on various legal, regulatory and economic topics. It summarizes recent notifications, circulars, and amendments related to GST, income tax, insolvency and bankruptcy code and other topics. It also provides brief summaries of recent court judgments. The key updates include amendments to CGST Act 2017, extension of various GST compliance deadlines, updates on tax refunds and changes to the insolvency examination syllabus.
“That knowledge which purifies the mind and heart alone is true knowledge, all else is only a negation of knowledge.” Hi Good morning, attached today's Newsletter 30.09.2020. Good Day ahead.
“Education is the ability to listen to almost anything without losing your temper or self-confidence.” Hi good morning, attached today's newsletter 29.09.2020
“Be a lifelong student. The more you learn, the more you earn and more self-confidence you will have.” Good morning, attached today's newsletter 26.09.2002
In today’s environment, hoarding knowledge ultimately erodes your power. If you know something very important, the way to get power is by actually sharing it.- Good morning attached today's newsletter 25.09.2020.
Knowledge is always changing. For the moment, the best approach to managing it is one that keeps things moving along while keeping options open. Good morning attached today's Newsletter 19.09.2020.
This document is a daily newsletter covering topics related to indirect taxes, direct taxes, corporate law, insolvency and bankruptcy, SEBI updates, MSME related updates, RBI updates, and economy and finance. It provides summaries of recent notifications, circulars, press releases, and legal updates. It also summarizes some news articles related to the covered topics. The newsletter is intended to keep professionals updated on recent changes and developments.
"Humility will teach you knowledge, arrogance will teach you ignorance. If you think you know it all, you have learned nothing" Hi good morning, attached today's newsletter 01.09.2020. great day ahead
This document is a daily newsletter from Pradeep Goyal, a Chartered Accountant in India, covering various topics related to indirect taxes, direct taxes, corporate law, insolvency and bankruptcy, and the economy. It includes recent notifications, circulars, press releases, legal updates, and news articles on these topics from sources like the CBIC, CBDT, ICAI, ICSI, and business newspapers. The newsletter is provided to subscribers of a WhatsApp group on a daily basis to keep them updated on the latest regulatory changes and developments.
Abhay Bhutada Leads Poonawalla Fincorp To Record Low NPA And Unprecedented Gr...Vighnesh Shashtri
Under the leadership of Abhay Bhutada, Poonawalla Fincorp has achieved record-low Non-Performing Assets (NPA) and witnessed unprecedented growth. Bhutada's strategic vision and effective management have significantly enhanced the company's financial health, showcasing a robust performance in the financial sector. This achievement underscores the company's resilience and ability to thrive in a competitive market, setting a new benchmark for operational excellence in the industry.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
2. Elemental Economics - Mineral demand.pdfNeal Brewster
After this second you should be able to: Explain the main determinants of demand for any mineral product, and their relative importance; recognise and explain how demand for any product is likely to change with economic activity; recognise and explain the roles of technology and relative prices in influencing demand; be able to explain the differences between the rates of growth of demand for different products.
5 Tips for Creating Standard Financial ReportsEasyReports
Well-crafted financial reports serve as vital tools for decision-making and transparency within an organization. By following the undermentioned tips, you can create standardized financial reports that effectively communicate your company's financial health and performance to stakeholders.
^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Duba...mayaclinic18
Whatsapp (+971581248768) Buy Abortion Pills In Dubai/ Qatar/Kuwait/Doha/Abu Dhabi/Alain/RAK City/Satwa/Al Ain/Abortion Pills For Sale In Qatar, Doha. Abu az Zuluf. Abu Thaylah. Ad Dawhah al Jadidah. Al Arish, Al Bida ash Sharqiyah, Al Ghanim, Al Ghuwariyah, Qatari, Abu Dhabi, Dubai.. WHATSAPP +971)581248768 Abortion Pills / Cytotec Tablets Available in Dubai, Sharjah, Abudhabi, Ajman, Alain, Fujeira, Ras Al Khaima, Umm Al Quwain., UAE, buy cytotec in Dubai– Where I can buy abortion pills in Dubai,+971582071918where I can buy abortion pills in Abudhabi +971)581248768 , where I can buy abortion pills in Sharjah,+97158207191 8where I can buy abortion pills in Ajman, +971)581248768 where I can buy abortion pills in Umm al Quwain +971)581248768 , where I can buy abortion pills in Fujairah +971)581248768 , where I can buy abortion pills in Ras al Khaimah +971)581248768 , where I can buy abortion pills in Alain+971)581248768 , where I can buy abortion pills in UAE +971)581248768 we are providing cytotec 200mg abortion pill in dubai, uae.Medication abortion offers an alternative to Surgical Abortion for women in the early weeks of pregnancy. Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman
Pensions and housing - Pensions PlayPen - 4 June 2024 v3 (1).pdf
Newsletter on daily professional updates- 22/04/2020
1. A P R I L 2 2 , 2 0 2 0 | W E D N E S D A Y I S S U E 2 1 1
THE DAILY
LIFELINE
Official Newsletter of Diucon
BIGGEST CHALLENGE-
HOW TO KEEP UPDATED
ON DAILY BASIS
Laws are changing frequently in India, there are big
developments and announcements on daily basis in
Economic & Finance world and many other reforms are on
the way. This newsletter will keep you updated on daily
basis along with documents taken from authentic sources.
By Pradeep Goyal, FCA | CFA | CPA, Australia |
Registered Valuer | Insolvency Professional |
ID-IICA | ICAI Certified GST Expert
WHAT'S NEW IN
PROFESSIONAL/
BUSINESS
WORLD TODAY
Goods & Service Tax
Direct Tax Code
Income Tax
Economy | Finance
Insolvency Laws
Corporate Laws
2. INDEX
UPDATES RELATED TO
New Direct Tax Code
Goods & Service Tax & Other Indirect Taxes
Income Tax
Announcements by ICAI
Announcements by ICSI
Corporate Laws
The Insolvency and Bankruptcy Law
Security and Exchange Board of India (SEBI)
Director General of Foreign Trade (DGFT)
Start-ups
Micro, Small & Medium Enterprises
Reserve Bank of India
New acts notified/Bills introduced in parliament or Executive
orders by President
Economy & Finance.
[From Monday to Friday 5 days a week as Saturdays and Sundays being holiday and
closure of all government departments hence no updates]
3. Page 1 of 4
Goods & Service Tax & other Indirect taxes
Notifications/Circulars/Press releases/FAQs/Portal Updates/Write-ups by
CBIC/Government
CBIC issued it GST Weekly Update dated 18.04.2020- PPT
It covers the GST changes / observations/ press releases/ Tweet FAQs/ Sectoral
FAQs released by CBEC since the last update on 04.04.2020. It supplements the
earlier GST Updates.
Download here
IGST refunds on exports-extension in SB005 alternate mechanism.
To address genuine hard-ships of exporters due to the SB005 errors, it has now
been decided to extend the facility of SB005 error correction in the Customs EDI
system for Shipping Bills with date up-to 31.12.2019. All members of the trade,
exporters, shipping lines, customs brokers are duly advised again to make
efforts to understand the problems due to mismatch of invoices resulting in
SB005 error, and to invest time and due precautions for preventing such error
in the future.
Download custom circular 22/2020 dated 21/04/2020
Review of Circular No. 17/2020 dated 03.04.2020 namely, 'Measures to facilitate
trade during the lockdown period- section 143 AA of the Customs Act, 1962.
In order to further facilitate Exim trade in the lockdown period, CBIC extends
relaxation for submission of Bond, vide Circular 21/2020-Customs. Now
importer/exporter may submit an undertaking in lieu of a Bond till 15.05.2020.
Download custom circular 22/2020 dated 21/04/2020
The GST Portal has enabled the Option for transfer of an amount from one
account head to another head in electronic cash ledger. Now the taxpayer
needs not required to go for a refund of excess balance in one particular head.
Source: Login with your credential on GST Portal.
4. Page 2 of 4
Legal updates- Advance Ruling Authorities/Tribunals/High Courts/Supreme Court
Sr.No.
Key to find the
document
Authority who
passed the order
Details of decision
Provisions
discussed
Decision
1 [2020] 116
taxmann.com 220
Akay Flavours &
Aromatics (P.) Ltd.
v. Central Board of
Indirect Taxes &
Customs*
W.P. (C). NO. 29537
OF 2019 (N)
JANUARY 20, 2020
Kerala High
Court
Section 54
of CGST
Act.
Where assessee filed
writ petition seeking
directions to
Competent Authority
to refund IGST paid
with interest from
date of shipping bills,
said authority was to
be directed to take
steps to process claim
of assessee for refund
Income Tax
Notifications/Circulars/Instructions/Press releases/FAQs by Board/Government
E-mails for facilitating faster refund cannot be misconstrued as harassment:
CBDT.
The Central Board of Direct Taxes (CBDT) responding to some observations
being circulated on social media alleging that the Income Tax Department is
pursuing recovery proceedings and using arm-twisting methods by adjusting
outstanding demands of the start-ups, today stated that these observations are
completely unfounded and are total misrepresentation of facts. The CBDT said
that its email seeking clarification from all those who are entitled to get tax
refund but also have outstanding tax to pay cannot be misconstrued as
harassment. These computers generated emails have been sent to almost 1.72
lakh assessees which includes all classes of taxpayers – from individual to HUF
to firms, big or small companies including start-ups and therefore to say that
start-ups are being singled out and harassed is total misrepresentation of facts.
MoF Release
5. Page 3 of 4
Announcement by ICAI
ICAI issued Exposure Draft on Interest Rate Benchmark Reform-Phase 2
(Proposed amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16).
Read here for more details
Corporate Laws
Advisory on Holding of AGMs by companies whose financial year ended on 31st
December, 2019.
Cos. whose financial year has ended on Dec 31, 2019 can hold annual general
meeting by Sep 30, 2020
Download here
The Insolvency and Bankruptcy Law
Notification/Circular/Press release/ Write-ups/Newsletters by IBBI/Government
IBBI’s order in the matter of Mr. Koteswara Rao Karuchola, Insolvency
Professional
The DC hereby imposes on Mr. Koteswara Rao Karuchola, a monetary penalty of
Rs. 1,00,000/- (Rs. One Lakh only) and directs him to deposit the penalty amount
by a crossed demand draft payable in favour of the „Insolvency and Bankruptcy
Board of India‟. The Board in turn shall deposit the penalty amount in the
Consolidated Fund of India. Mr. Koteswara Rao Karuchola shall not accept any
new assignment as an IP till the deposits the monetary penalty of Rs. 1,00,000/-
(Rs. One Lakh only) with the Board and produces evidence to the Board of such
deposit.
Download here
Security and Exchange Board of India (SEBI)
SEBI extends validity of regulatory approval for IPO and right issues by six
months
In view of the impact of the COVID-19 pandemic, based on representations from
various industry bodies, the SEBI has extended the validity of SEBI observations
on all public issues and rights issues by six months from the date of expiry for
issuers whose observation has expired or would expire between March 1, 2020
and September 30, 2020. The Circular will come into force with immediate
effect. SEBI Circular here
6. Page 4 of 4
SEBI provides temporary relaxations on eligibility norms related to Fast Track
Rights Issues
In the wake of developments relating to the Covid-19 pandemic, SEBI has
decided to ease conditions relating to raising of funds from the securities
market, and, accordingly It has introduced temporary relaxations in the
provisions related to Rights Issues as contained in the SEBI (ICDR) Regulations,
2018. SEBI has also reduced the requirement w.r.t. period of listing of equity
shares of the issuer to at least 18 month of listing, earlier the requirement was
of at least 3 years of listing.
Circular here
Economy & Finance
Firms await stimulus, warn of layoffs: FICCI survey on coronavirus impact.
With coronavirus pandemic having a 'deep impact' on Indian businesses, jobs
are at risk over the coming months as firms are looking at some reduction in
manpower, says an industry survey. The Covid-19 crisis has already caused an
unprecedented collapse in economic activities over the last few weeks, it adds.
The survey, jointly conducted by industry body FICCI and tax consultancy Dhruva
Advisors by seeking responses from about 380 companies across sectors, also
said that businesses are grappling with "tremendous uncertainty" about their
future.
Business Standard Report
SAVE WATER || SAVE UNIVERSE
7. =============================================
About Scribbler
PRADEEP GOYAL
Fellow Member of the Institute of
Chartered Accountants of India.
Associate member of Professional
Accounting Body of Certified
Practising Accountants (CPA),
Australia.
Registered Valuer with IBBI- Asset
Class- Securities or Financial Assets
CFA (Corporate Finance)- Columbia
Business School, USA | EMERITUS
Institute of Management, Singapore.
Certified Goods & Service Tax
Practitioner from ICAI & Ministry of
Micro, Small & Medium Enterprises,
Government of India.
================================
Connect
pradeep@pgaa.in +91-9811777103
[Double click on icons to open]
Page
http://www.pgaa.in
Knowledge shared= Knowledge2
Profile