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Blog, News, FEMA & Banking

April 3, 2024

RBI Issues Master Circular on ‘Board of Directors of Urban Cooperative Banks’

Master Circular No. RBI/2024-25/01 DoR.HGG.GOV. … Continue reading “RBI Issues Master Circular on ‘Board of Directors of Urban Cooperative Banks’”

News, Blog, FEMA & Banking

April 3, 2024

RBI Notifies Master Circular on Basel III Capital Regulations Consolidating Earlier Issued Guidelines

Circular No. RBI/2024-25/08DOR.CAP.REC.4/21.06.201/2024-25, Dated: 01.04.2024 … Continue reading “RBI Notifies Master Circular on Basel III Capital Regulations Consolidating Earlier Issued Guidelines”

Blog, News, FEMA & Banking

April 3, 2024

RBI Issues Master Direction on ‘Penal Provisions in Reporting of Transactions/Balances at Currency Chests’

Master Direction No. RBI/DCM/2024-25/114 DCM … Continue reading “RBI Issues Master Direction on ‘Penal Provisions in Reporting of Transactions/Balances at Currency Chests’”

Blog, News, FEMA & Banking

April 3, 2024

RBI Notifies Master Circular Consolidating Important Instructions on Conduct of Government Business by Agency Banks

Circular No. RBI/2024-25/07CO.DGBA.GBD.No.S2/31-12-010/2024-2025, Dated: 01.04.2024 … Continue reading “RBI Notifies Master Circular Consolidating Important Instructions on Conduct of Government Business by Agency Banks”

Blog, News, FEMA & Banking

April 3, 2024

RBI Issues Updated Master Circular on ‘SHG-Bank Linkage Programme’

Master Circular No. RBI/2024-25/05 FIDD.CO.FID.BC.No.1/12.01.033/2024-25; … Continue reading “RBI Issues Updated Master Circular on ‘SHG-Bank Linkage Programme’”

Blog, News, Company Law

April 3, 2024

SEBI Launches “SCORES 2.0”, a New Version of the SEBI Complaint Redressal System

Press release No.06/2024, Dated: 01.04.2024 … Continue reading “SEBI Launches “SCORES 2.0”, a New Version of the SEBI Complaint Redressal System”

Blog, News, Account & Audit

April 3, 2024

Recognition of Customized Software Under Development as Intangible Assets

A company is developing software … Continue reading “Recognition of Customized Software Under Development as Intangible Assets”

Blog, News, Income Tax

April 3, 2024

Stamp Duty, Registration Charges and Society Transfer Fees Incurred by Seller as Per Agreement Are Allowable | ITAT

Case Details: Kishore Bhagwandas Ramnani … Continue reading “Stamp Duty, Registration Charges and Society Transfer Fees Incurred by Seller as Per Agreement Are Allowable | ITAT”

Blog, News, Income Tax

April 3, 2024

CBDT Issues Clarification on Time Limit to Verify Income-Tax Returns

Notification No. 2 of 2024, … Continue reading “CBDT Issues Clarification on Time Limit to Verify Income-Tax Returns”

News, Blog, GST & Customs

April 2, 2024

Section 122(1A) of CGST Act Cannot Be Invoked Against Employee as He is Not ’Taxable’/’Registered Person’

Case Details: Shantanu Sanjay Hundekari … Continue reading “Section 122(1A) of CGST Act Cannot Be Invoked Against Employee as He is Not ’Taxable’/’Registered Person’”