NDM ALERTS

Tax

• NOTIFICATION No. 15/2022-Central Tax (Rate)

• NOTIFICATION No. 14/2022-Central Tax (Rate)

• NOTIFICATION No. 13/2022-Central Tax (Rate)

• NOTIFICATION No. 12/2022-Central Tax (Rate)

• Partial relaxation on filing of Form 10F in accordance (Systems) Notification 03/2022

• Notification 23/2022-Central Tax

• CBIC Instruction for Pre-deposit Payment Method

• Extension of Filing Income Tax Return (“ITR”) for AY 2022-23

• Extension of Filing of Form 26Q for Quarter 2 of FY 2022-23

• Functionality under Section 206AB and Section 206CCA and FAQs (pdf)

• Guidelines under Section 194Q of the Income Tax Act, 1961 (pdf)

• Statement on a Two-Pillar Solution to Address the Tax Challenges Arising from the Digitalisation of the Economy (pdf)

• NDM Tax Update_BEPS Action Plan 2 (pdf)

• TAXSUTRA- Official Assignees now liable for obtaining PAN and filing Tax Return of insolvent’s estat (pdf)

• TAXSUTRA- A sigh of relief for individuals and HUFs under Section 54 (pdf)

• GST Alert Mandatory E-Invoicing with effect from 1 April 2021 Turnover exceeding 50 Cr (pdf)

• NDM_Budget Brief_24 Mar 2021 (as approved by LS) (pdf)

• Final-India-Mauritius-CECPA (pdf)

• NDM_Brief_TDS vs TCS on domestic sale of goods (pdf)

• Threshold for SEP Rules as per Explnation 2A to Section 9 (pdf)

• Guidelines for scrutiny of returns for FY 2021-22 (pdf)

Regulatory

• RBI Notification on New Mechanism for calculation of Late Submission Fee (LSF)

• Amendment in Companies (Corporate Social Responsibility Policy) Rules, 2014

• Extension of Form DIR-3 (KYC) and DIR-3 (KYC-web)

• Amendment in Definition of Small Company

• Physical Verification of the Registered Office of the Company

• Companies (Meetings of Board and its Powers) Amendment Rules, 2021 (pdf)

• Extension of time period for holding Extraordinary General Meetings (EGMs) through VC or OAVM (pdf)

• Covid-19 Related extension for MCA Filings (pdf)

• NDM_FAQs on CSR issued by MCA (pdf)

• NDM Tax Alert _Allowability of CSR expense (pdf)

• Relaxation of time gap between two board meetings (pdf)

• Clarification on spending Corporate Social Responsibility (CSR) Funds (pdf)

• Relaxation on levy of additional fees for filing of forms (pdf)

• Relaxation of time for filing of forms for creation and modification of charge (pdf)

• Late Submission Fee for reporting delays under Foreign Exchange Management Act, 1999 (FEMA)(pdf)

Others

• E-Waste (Management) Rules, 2022

• LIST OF 10 COMPANY FORMS TO BE ROLLED OUT ON 09 Jan 2023.

• BMW South Africa Pty Ltd v CSARS (Full Text) (pdf)

• NDM Advisors LLP - Tax Alert - BMW South Africa (pdf)

• GSTSUTRA- Summary of Orissa High Court's decision in Safari Retreats (pdf)