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Delhi ROC adjudication order for non maintenance of Registered office in the matter of Garage Cowork Private Limited (Order dated 13/05/2022)

*Delhi ROC adjudication order for non maintenance of Registered office in the matter of Garage Cowork Private Limited (Order dated 13/05/2022)* https://youtu.be/BD7HOuadhKA ✒️ *Action initiated on the basis of _On line complain through serious fraud form_ against Co.* ✒️ *Complainant also filed a writ petition to HC praying appropriate action for default of provisions of […]

Process for generation of e-Invoice under GST

Flowchart : What is ‘e-invoicing’? As per Rule 48(4) of CGST Rules, notified class of registered persons shall prepare an invoice by incorporating the Invoice Reference Number (IRN) and the QR-Code generated by uploading specified particulars in FORM: GST INV-01 on Invoice Registration Portal (IRP). Such invoice containing, inter alia, the QR Code embedded with […]

CBDT amends Income Tax rule 114 (PAN allotment) & Inserts new rule 114BA & 114BB in Income-tax rules,1962 (CBDT Notification dated 10 May 2022)

These rules may be called the Income–tax (Fifteenth Amendment) Rules, 2022. In the Income-tax Rules, 1962,–– (a) in rule 114, in sub-rule (3), after clause (vi), the following clause shall be inserted, namely:— “(vii) in the case of a person who intends to enter into the transaction prescribed under clause (vii) of sub-section (1) of […]

NSDL blockchain platform for Debenture Covenant Monitoring (Press release 07 May 2022)

DLT Blockchain Technology Chairperson, SEBI, Madhabi Puri Buch unveiled NSDL’s Distributed Ledger Technology (DLT) blockchain platform for Debenture Covenant Monitoring. “’Demat’ revolution was the very first step by which entire market adopted technology. This day ( Silver Jubilee Celebration of India’s largest depository, National Securities Depository Limited (NSDL) ) will also be remembered as an […]

Gujarat ROC Adjudication order for violation of Section 92(4) & 137(1) of the CA 2013 in the matter of M/S HCBB Industry Private Limited

Gujarat ROC Adjudication order for violation of Section 92(4) & 137(1) of the CA 2013 in the matter of M/S HCBB Industry Private Limited 👉 Total penalty imposed for non filing of Annual return: Rs. 357,000/- 👉Total penalty imposed for non filing of financial statements: Rs. 364300/- 👉 ROC further directed to file overdue Annual […]

Common Guidelines on Pharmaceutical Innovation and Entrepreneurship

Department of Pharmaceuticals releases “Common Guidelines on Pharmaceutical Innovation and Entrepreneurship” for academic institutions Press Release dated May 06, 2022 The Vision of the Department of Pharmaceuticals is to promote Indian pharma sector as the global leader for quality medicines and to ensure availability, accessibility and affordability of drugs and medical devices in the country. […]

Draft notification issued pertaining to ease of doing business – Trade Certificate. (07 May 2022)

Ministry of Road Transport & Highways  has published a draft notification dated 5.5.2022 regarding amendments in certain provisions of the Central Motor Vehicles Rules 1989  pertaining to the Trade Certificate. A Trade Certificate is required only in case of vehicles which are neither registered nor temporarily registered. Such vehicles can only be in the possession […]

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