MCA clarification on Annual Return under NFRA rules
Ministry of Corporate Affairs has issued clarification on Annual Return required to be filed under Rule 5 of the National Financial Reporting Authority Rules, 2018. Filing required to be done on 30th April will be done only after the Form is made available. National Financial Reporting Authority Rules, 2018 were notified on 13th November, 2018. […]
GST on upfront amount payable on long-term lease
CBIC has issued a clarification on admissibility of GST exemption on upfront amount, paid or payable in installments for long term lease of industrial or developmental plots, under Notification 12/2017, on 30th April,2019. The circular was issued in furtherance of several representations. Entry No.41 of Exemption Notification 12/2017 provides for exemption on the upfront amount […]
SEBI (Real Estate Investment Trusts) (Amendment) Regulations, 2019
The Securities and Exchange Board of India (SEBI) on 22nd April, 2019 amended the Securities and Exchange Board of India (Real Estate Investment Trusts) Regulations, 2014 to bring in the following two amendments to allow allotment and trading in publicly issued REITs in multiples of Lots. The first amendment has been made in existing Regulation […]
Registration under new TN Tenancy Act is required before 22nd May
Registration is now mandatory for all tenancy agreements (commercial and residential) with the Rent Authority, irrespective of the term and value of the tenancy, except premises registered under the Factories Act, 1948. This requirement stems from the new legislation Tamil Nadu Regulations of Rights and Responsibilities of Landlords and Tenants Act, 2017 which was brought […]
MCA clarification on share capital Audit report for unlisted public Companies
MCA has issued a clarification on Audit report format under Sub-rule (8) of Rule 9A of Companies (Prospectus and Allotment of Securities) Rules, 2014 on its official website. As per Rule 9A(8), every unlisted public company was required to file the audit report for the purposes of reconciliation of the total issued capital, and capital […]
Order Regarding the Registration of the FBOs using CSC-SPV
The regulatory compliance division of the food safety and standards authority of India (FSSAI) on 30 April 2019 issued an order, superseding all the previous orders on the subject. The rules regarding the registration of Food Business Operators (FBOs) using the platform of common service centre-special purpose vehicle (CSC-SPV). The rules have been released in […]
Central Goods and Services Tax (Third Amendment) Rules, 2019
CBIC has notified Central Goods and Services Tax (Third Amendment) Rules, 2019 on 23rd April, 2019. This amendment has been brought to bring uniformity between those paying tax under composition levy scheme as provided in Section 10, CGST Act and those eligible to pay tax within the ambit of the March 7 notification. In a […]
Due dates for e-form DPT-3, MSME Form 1 & DIR-3KYC
On 30th April 2019, MCA has issued on its website amendment Rules and notifications regarding the revision in due dates for these much awaited e-forms DPT-3, MSME Form 1 and DIR – 3 KYC. The regulator has also deployed eForm DPT-3 and MSME Form 1 on its portal in the company form downloads section with […]
Companies (Registration of Charges) Amendment Rules, 2019
MCA has issued Companies (Registration of Charges) Amendment Rules, 2019 by a notification dated 30th April, 2019 and Companies (Registration Offices and Fees) Third Amendment Rules, 2019. The following significant changes have been brought by the aforesaid amendments: Increase in Advalorem fee: Earlier, for the late filing of Form CHG-1 and Form CHG-9 within 30 […]
MCA21 deploys revised Form DPT-3 wef 01 May 2019
MCA has deployed revised Form DPT-3 on MCA21 Company Forms Download page today ie w.e.f 1st May, 2019. Form DPT-3 shall be used for filing return of deposit or particulars of transaction not considered as deposit or both by every company other than Government company. Recently the MCA vide amendment to the Companies (Acceptance of […]
