AKGVG Weekly Insight
Dear Reader,
Greetings for the day!!!
We are pleased to share AKGVG's Weekly Insight, dated 30th Nov, 2021 which includes:
Date: 30.11.2021
S.no Description Relevant links
Section I: Income Tax
1. CBDT notifies “Tax Exemption to ‘Haryana State Legal Services Authority’ Panchkula (PAN AAALH0475J), an authority constituted by the State Government of Haryana, in respect of the specified income under section 10(46) of Income Tax Act, 1961.” Notification no. 133/2021
dtd 23.11.2021
Section II: GST
1. Circular on Clarification on refund related issues notified by CBIC. Circular no. 166/22/2021
dtd 17.11.2021
2. Clarification in respect of applicability of Dynamic Quick Response (QR) Code on B2C invoices and compliance of notification 14/2020- Central Tax dated 21st March, 2020 notified by CBIC. Circular no. 165/22/2021
dtd 17.11.2021
Section III: MCA
1. MCA notifies invitation of comments from public on Cross-Border Insolvency under Insolvency andBankruptcy Code, 2016. Notification
dtd 24.11.2021
2. Report of the Cross Border Insolvency Rules & Regulations Committee notified by MCA. Notification
dtd 23.11.2021
3. MCA notified circular seeking applications from Chartered Accountants for engagements as Professionals in NFRA on contractual basis. Notification
dtd 17.11.2021
Section IV: RBI
1. Recommendations of the Internal Working Group to Review Extant Ownership Guidelines and Corporate Structure for Indian Private Sector Banks notified by RBI. Notification
dtd 26.11.2021
We trust you will find this Journal informative as well as useful.
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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)

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