| AKGVG Weekly Insight |
| Dear Reader, |
Greetings for the day!!!
We are pleased to share AKGVG's Weekly Insight, dated 27th Dec, 2021 which includes: |
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| Date: 27.12.2021 |
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| S.no |
Description |
Relevant links |
| Section I: Income Tax |
| 1. |
E-Verification Scheme, 2021, is notified by CBDT.
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Notification no. 137/2021
dtd 13.12.2021 |
| 2. |
Rule 21AK-Conditions for the purpose of clause (4E) of section 10 is notified by CBDT. |
Notification no. 136/2021
dtd 10.12.2021 |
| 3. |
CBDT notifies Protocol amending DTAA with Kyrgyz Republic. |
Notification no. 135/2021
dtd 08.12.2021 |
| Section II: GST |
| 1. |
CBIC notify 01.01.2022 as the date on which provisions of section 108, 109 and 113 to 122 of the Finance Act, 2021 shall come into force. |
Notification no. 39/2021
dtd 21.12.2021 |
| 2. |
CBIC bring sub-rule (2) and sub-rule (3), clause (i) of sub-rule (6) and sub-rule (7) of rule 2 of the CGST (Eighth Amendment) Rules, 2021 into force w.e.f. 01.01.2022. |
Notification no. 38/2021
dtd 21.12.2021 |
| 3. |
GST on service supplied by restaurants through e-commerce operators – reg. circulated by CBIC. |
Circularno. 167/23/2021-GST
dtd 17.12.2021 |
| 4. |
CBIC seeks to make amendments (Ninth Amendment, 2021) to the CGST Rules, 2017. |
Notification no. 37/2021
dtd 01.12.2021 |
| Section III: MCA |
| 1. |
General Circular No.20/2021-Clarification on passing of Ordinary and Special resolutions by the companies under the Companies Act, 2013 read with rules made thereunder on account of COVID-19-Extention of timeline-reg. circulated by MCA. |
Circularno.20/2021
dtd 08.12.2021 |
| Section IV: RBI |
| 1. |
Section 24 of the Banking Regulation Act, 1949 – Maintenance of Statutory Liquidity Ratio (SLR) – Marginal Standing Facility (MSF) - return to the normal dispensation notified by RBI. |
Notification
dtd 10.12.2021 |
| 2. |
RBI introduces Legal Entity Identifier for Cross-border Transactions. |
Notification
dtd 10.12.2021 |
| 3. |
General permission for infusion of capital in overseas branches and subsidiaries and retention/ repatriation/ transfer of profits in these centres by banks incorporated in India notified by RBI. |
Notification
dtd 08.12.2021 |
We trust you will find this Journal informative as well as useful.
For any queries, you can write to us at "info@akgvg.com".
Looking forward to receive your valuable feedback
Disclaimer: This insight is meant for informational purpose only and should not be considered as an advice or opinion, or otherwise, whatsoever. AKGVG & Associates does not intend to advertise its services through this insight. AKGVG & Associates is not responsible for any error or omission in this insight or for any action taken based on its contents.
Best Regards!
Knowledge Updates Team
AKGVG & Associates
(Chartered Accountants)
DELHI | GURGAON | MUMBAI | AHMEDABAD | BANGALORE | CHENNAI | LUCKNOW
Tel: +91 9811118031, 9818330516,
Telefax:+91 11 49037920
Website: https://www.akgvg.com |
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