CBDT notifies transactions not regarded as transfer under section 47 of IT Act.
Many transactions are not considered to be transferred for purposes of capital gains. Some of the relevant transactions which are not regarded as transfer are listed in the notification.
MCA Extends the last date for filing of Form NFRA-2.
The Ministry of Corporate Affair on 5th March 2020 has decided to extend the time limit for filing of Form NFRA-2, for Financial Year 2018-19′ to 150 days from the date of deployment of this form on the website of National Financial Reporting Authority (NFRA).
MCA issues clarification regarding the filing of Forms in registry MCA-21 by IRP or RP or Liquidator
The Ministry of Corporate Affairs vide its notification dated 6th March 2020 has issued clarification on statutory compliances in respect of companies under Corporate Insolvency Resolution Process (CIRP). This circular has been issued in supersession to its earlier Circular dated, 17.02.2020.
MCA extends the last date for submitting comments on Draft Competition (Amendment) Bill, 2020
The Ministry of Corporate Affairs vide its notification dated 6th March 2020, has extended the last date of submitting the comments on Draft Competition (Amendment) Bill, 2020 to 13th March 2020.
