MCA imposed penalty on the unlisted public company and its officers in default for issuance and transfer of shares in physical form instead of Demat form. #VJMglobal #director #security #officer #demat #mca link.vjmglobal.com/MD6r

Proceedings can’t be initiated against the taxpayer under Section 74 when the tax liability is already discharged along with interest. #VJMglobal #act #petitioner #tax #taxpayer #itc #drc link.vjmglobal.com/MD6g

The Ministry of Commerce and Industry has permitted setting up and operations of Non-SEZ IT/ITES business unit in IT/ITES SEZ to allow optimum utilization of area lying vacant in SEZ units all over India. #VJMglobal #specialeconomiczones #wfh #sez #ites link.vjmglobal.com/MD6b

Considering the issues faced by the regular taxpayers and GST authorities faced during investigation, the CBIC has issued guidelines which are to be followed by CGST field officers to maintain ease of business #VJMglobal #business #guidelines #taxpayer link.vjmglobal.com/M4Aw

Delhi Department of Trades and taxes has issued the instructions on rectification of assessment order passed in Form GST DRC-07. Rectification can be sought in case of clerical error, demand paid but not considered by the proper officer etc. #VJMglobal #c link.vjmglobal.com/M4Au

CBDT has issued the circular streamlining the filing of department appeals. #VJMglobal #partytime #supreme #court #tax #taxpayer #taxassessment link.vjmglobal.com/M0H4

A taxpayer is required to tick a check-list as they are stepping into new financial situations to make sure no major disallowance is made or benefit is withdrawn. #VJMglobal #financial #taxpayer #newfinancialyear #gst link.vjmglobal.com/LyWY

There are no notifications issued on cross empowerment except for refund. In the absence of any notification, actions taken by authorities (other than to whom the taxpayer has been assigned) are without jurisdiction. #VJMglobal #petition #gst #jurisdiction link.vjmglobal.com/LyWU

GST ITC-04 is required to be furnished by principal furnishing the details of goods sent for job work and goods received back from job worker: #VJMglobal #tax #servicetax #itc04 #itc #gst link.vjmglobal.com/LlCE

RoDTEP benefit is extended to EOU, AA Holders and SEZ units till 30th September, 2024 #VJMglobal #tax #exportfromindia #sez link.vjmglobal.com/LlCD

Assessment order in Form GST DRC-07 is not sustainable when the Form GST ASMT-12 is already issued for the same financial year and for the same matter mentioning that reply is found satisfactory and no further action is required. #VJMglobal #drc #gst link.vjmglobal.com/LlCC

Entities are required to obtain a unique CSR registration number for the purpose of obtaining CSR funding. #VJMglobal #incorporated #financial #businesspassion #corporate #companylaw #csr link.vjmglobal.com/LlCA

FPI allows an investor to invest funds in multiple securities in foreign country for the purpose of return subject to compliance of terms and conditions. #VJMglobal #investors #compliance #foreigndirectinvestment #fdi #foreigncountry link.vjmglobal.com/Ld5v

May the Festival Of Colours build a stronger-than-ever bond between you and your loved ones. Happy Holi. #VJMglobal #holi #festivalofcolour #festival #happyholi

ITC is ineligible with respect to inward supplies received for construction of immovable property which is further let out. #VJMglobal #properties #civilconstruction #itc link.vjmglobal.com/Ld5n

Union cabinet has approved an amendment in FDI norms in the Space sector allowing 100% FDI wherein 74% FDI is permitted under automatic approval route. #VJMglobal #policy #investment #foreign #foreigndirectinvestment #fdi link.vjmglobal.com/LZGr

Considering the quantum of export and shortcoming of existing eBRC generation process, the DGFT has revamped the eBRC generation through exporter on self certification basis. #VJMglobal #export #gstrefund #dgft #foreigncurrency #gst #fema link.vjmglobal.com/LZGm

Hon’ble High Court held in numerous cases, the Supreme Court has upheld that the authorities cannot transgress the boundaries of the show cause notice. #VJMglobal #rights #taxpayer #thesupremecourt #scn link.vjmglobal.com/LZGg

FDI in broadcasting and print media comes under hybrid mode, i.e., investment upto specified limit is covered under automatic approval route and government approval is required beyond such limit. #VJMglobal #investment #broadcasting #printmedia link.vjmglobal.com/LQAo