Foreign Owned or Controlled Companies (FOCC)
1.1 ABSTRACT Foreign Exchange Management Act, 1999 (FEMA) which was enacted by the Parliament has substituted the Foreign Exchange Regulations Act, 1973. FEMA came into effect on 1st June, 2000. The importance of foreign exchange reserves was felt by the Exchange Control of India in the year 1939 as there was a huge shortage of it. Various […]
Latest GST News, Information, Notifications & Announcements
The 46th GST Council meeting was held on 31st December 2021 in New Delhi. Union FM Nirmala Sitharaman led meeting has decided to defer the GST rate hike to 12% for textiles.
ITR Filing Last Date FY 2020-21 (AY 2021-22) – Last Date to File ITR is Dec 31, 2021 – Income Tax Return Due Date
The due date for filing income tax returns is the date by which the returns can be filed without any late fee or penalty. Taxpayers filing their return beyond such due date will have to pay interest under Section 234A and penalty under Section 234F
Order requiring parties interested in disclaimed lease to apply for vesting order or to be excluded from all interest in the leasehold premises [
made between the company of the one part and D., the respondent of the other part, in consideration of the payment therein made and the covenants and conditions therein named, the company demised (part* of) the said premises to the said C.D. [or By a mortgage or charge dated the ……………….., 20 ……., and duly registered with the Registrar of Companies, the comp