Vinay Vohra & Co.

Industry News Updates

Get all the latest news and top breaking news live related to Business & Income Tax … Read latest Business news, IT Notifications and news headlines online today.
Client Centric Approach
Backed By Experience
Team Work
  • March 9, 2024

Delhi Govt. Issued Instruction Regarding Rectification of Assessment Orders u/s 161

Instruction F. No. 3(543)/GST/POLICY/2024/1312-18, dated March 1st, 2024 The Delhi Government has received several representations to allow rectification of demand orders and therefore instructions are issued for rectification of demand order pertaining to FY 2017-18 which have apparent errors including arithmetical errors or clerical mistakes. The following types of cases have been brought to the […]

  • March 8, 2024

SEBI Broadens the List of Goods for Purpose of Commodity Derivatives u/s 2(bc) of SCRA, 1956

Circular No. SEBI/HO/MRD/MRD-PoD-1/P/CIR/2024/13, Dated: 05.03.2024 Earlier, the Govt. notified the list of goods specified in the Schedule as commodity derivatives under section 2(bc) of the SCRA, 1956. Now, the SEBI has broadened the list of goods for the purpose of commodity derivatives. SEBI has expanded the list of goods from 91 to 104, introducing 13 […]

  • March 7, 2024

Activity Based Costing (ABC) – Meaning | Features | Benefits

Table of Contents Introduction Features of ABC Key Terms Used in Activity Based Costing Steps Involved in the Process of Activity Based Costing (ABC) Benefits and Weaknesses of ABC Conclusion Check out Taxmann's Cost Accounting which takes a comprehensive approach to explain the principles of cost accounting, emphasizing accuracy in cost ascertainment and efficiency in […]

  • March 6, 2024

[Analysis] Bharatiya Nyaya Sanhita (BNS) 2023 – An Overview

By Prof. (Dr.) Vageshwari Deswal – Professor | Faculty of Law | University of Delhi Table of Contents Decoding the title Section 1 BNS (Bharatiya Nyaya Sanhita) – Short Title, Commencement and Application Jurisdiction [S. 1(3)(4)(5)] Exceptions to Applicability of BNS Bharatiya Nyaya Sanhita, 2023 –  Scheme of Chapters Section 4: Punishments Offences for which […]

  • March 5, 2024

Govt. Notifies ‘Contract for the Purchase or Sale of a Right to Buy or Sell’ as a Derivative Under SCRA, 1956

Notification No. S.O. 1003(E); Dated: 01.03.2024 The Ministry of Finance has declared a ‘contract for the purchase or sale of a right to buy or sell, or a right to buy and sell in future, with such underlying goods’ as notified under section 2(bc) of the Securities Contracts (Regulation) Act, 1956 as a derivative for […]

  • March 4, 2024

Unregistered Framework Agreement As Such Can’t Be Looked into as an Evidence for Any Collateral Purpose | NCLT

Case Details: Yes Bank Ltd. v. Sarga Hotel (P.) Ltd. - [2024] 160 taxmann.com 4 (NCLT - Kolkata) (SB) Judiciary and Counsel Details Smt. Bidisha Banerjee, Judicial Member & Balraj Joshi, Technical Member Ramji Srinivasan, Abhinav Vasisht, Sr. Advs. Abhrajit Mitra, Ms Manju Bhuteria, Souvik Mazumdar, Ms Pooja Mahajan, Ms Mahima Singh, Shreya Mahalwar, Ms Mehak Nayak, Saptarshi Saha, Arindam Mrinal Pal, Sarvapriya Mukherjee & Saurav Jain, Advs. for […]

  • March 3, 2024

RBI Revises Regulatory Framework for ‘Bharat Bill Payment Systems’ Streamlining the Bill Payment Processes

Master Directions No. RBI/DPSS/2023-24/111CO.DPSS.POLC.No.S1114/02-27-020/2023-2024; Dated: 29.02.2024 RBI has put in place a revised regulatory framework for the Bharat Bill Payment Systems (BBPS). The framework aims to streamline the process of bill payments, enable greater participation, and enhance customer protection among other changes. It shall apply to NPCI Bharat Bill Pay Limited (NBBL – a wholly […]

  • March 1, 2024

RBI Releases Updated ‘Enabling Framework for Regulatory Sandbox’

Press Release No. 2023-2024/1956; Dated: 28.02.2024 RBI has placed on its website an updated ‘Enabling Framework for Regulatory Sandbox’ (RS). The framework has been revised based on the experience gained over the last four and half years in running four cohorts and feedback received from FinTechs, banking partners and other stakeholders. RS usually refers to […]

  • February 29, 2024

[FAQs] Essentials of Contract of Sale Under the Sale of Goods Act

Check out Taxmann's Business Laws | CRACKER which covers past exam questions & detailed answers for the CA-Foundation exam by ICAI till Dec. 2023, along with chapter-wise marks distribution of previous examinations from May 2018 onwards. It also covers theoretical questions, short notes, and case studies. CA-Foundation | New Syllabus | June 2024 Exams FAQ 1. […]

Newsletter

Signup our newsletter to get update information, insight or news

    Let a Dedicated Tax Expert Do Your Taxes For You.

    Get A Consultation

    We Provide High-Quality Accounting & Tax Service. Our Businesses are evolving, in the economic realm by providing the best auditing, tax, and assurance services available.