Judgement

The Regional Director of MCA has reduced ROC penalty to Rs.500000 in case of Non-Appointment of CS due to poor financial condition during Covid.

Non-Appointment of CS due to poor financial condition during Covid: RD reduces penalty to Rs.500000

The AAAR West Bengal in the matter of M/s Eden Real Estates Private Limited has ruled out that Sale of car parking is not naturally bundled with construction services.

Sale of car parking is not naturally bundled with construction services: AAAR

News

The RBI has decided to ban the Rs. 2000 denomination banknotes from circulation in view of the some factors and in conformity with its “Clean Note Policy.”

Difficulties faced by Rs.2000 Note: Due Date of Exchange may be extended; RBI Governor

Notifications

The Central Board of Direct Taxes(CBDT) has notified rule for prescribing Net Winnings for Online Games for purpose of TDS via issuing Notification.

CBDT Notifies rule for prescribing net winnings from online games for purpose of TDS

Traders having an annual turnover of more than Rs.5 crore must generate e-invoices for B2B transactions from August 1 this year.

E-invoices mandatory for Traders with Turnover above Rs.5 crore from August 1st

As per news updates sudden significant deposits in numerous Jan Dhan Yojana accounts have been seen by Bank Officials.

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Non-Appointment of CS due to poor financial condition during Covid: RD reduces penalty to Rs.500000

Sale of car parking is not naturally bundled with construction services: AAAR

Difficulties faced by Rs.2000 Note: Due Date of Exchange may be extended; RBI Governor

CBDT Notifies rule for prescribing net winnings from online games for purpose of TDS

E-invoices mandatory for Traders with Turnover above Rs.5 crore from August 1st

Big Deposit of Rs. 2000 notes to invite Income Tax Scrutiny