Category: Updates
MCA notifies the Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2021, to facilitate fast track mergers for Starts ups and other small companies (OPCs). The fast track process for …
ICAI has extended the one time Condonation Scheme for regularizing earlier missed/ delayed UDINs, from 31/01/2021 to 28/02/2021. The new initiative of UDIN was introduced by ICAI in a phased …
ICAI has released Standard on Assurance Engagements (SAE) 3410: Assurance Engagements on Greenhouse Gas Statements. Given the link between greenhouse gas (GHG) emissions and climate change, many entities are …
MCA notifies 22nd January, 2021 as the appointed date from which provisions of various Sections of the Companies (Amendment) Act, 2020 shall come into force. Summary of amendments made …
MCA has announced a Scheme for condonation of delays for Companies restored by NCLT during December 2020 u/s 252 of the Companies Act, 2013, which waives the additional fee …
MCA clarifies that where AGMs were due to be held in 2020 or becomes due in 2021, the companies can conduct the same upto 31/12/2021 using VC/ OAVM. Further MCA …
CBDT issues directions for implementation of Faceless Penalty Scheme, 2021, vide Notification 03/2021 dt. 12/01/2021. The directions issued by the CBDT for implementation of the Faceless Penalty Scheme 2021 …
CBDT notifies the Faceless Penalty Scheme, 2021, applicable w.e.f. 12 Jan. 2021, vide Notification 02/2021 dt. 12/01/2021, to facilitate conduct of faceless penalty proceedings, for certain cases/ class of …
MCA has further deferred the applicability of the Companies Auditor’s Report Order (CARO) 2020 from FY 2020-21 to 2021-22.
CBDT has issued a set of 34 FAQs clarifying various provisions of the Direct Tax Vivad se Vishwas Act 2020, to facilitate the taxpayers on issues relating to scope/ …