Companies Amendment (Bill) 2017

Companies Amendment (Bill) 2017 Companies Amendment (Bill) 2017 was passed after incorporating certain notable amendments. The major amendments include definitions and clarification of certain terms in Section 2. Omission of provisions relating to Time limit 0f 270 days for certain filings, forward dealing and insider trading, doing away with the requirement of approval of the […]

GST levied on free samples

GST levied on free samples Is GST levied on free samples? Question about the GST levied on free samples,I faced many times from my clients and colleagues because there is no special provision on this, but if you read section 7, schedule I & section 17(5) together then this confusion will crystal clear. Now let […]

Relevance of relevant date in case of export

Relevance of relevant date in case of export The time limit for filing the refund claim is to be checked from the “relevant date”. This term is defined in Explanation 2 to section 54. This update is about the interpretation of term “relevant date” & its significance in determining the time limit for filing the […]

Deadline to link Aadhaar with mobile phone extended till March 31,2018

Deadline to link Aadhaar with mobile phone extended till March 31,2018 The Centre on Thursday accepted the Supreme Court’s suggestion to extend the deadline to link Aadhaar with mobile phone from February 6 to March 31, the date now set by the government for seeding Aadhaar in all schemes, including bank accounts.