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 Eyes express the real feeling better than touch. touch shows the care better than words. But words, if used properly can wet the eyes and touch the heart.


Relationships are not Exams to Pass or Fail and not a Competition to Win or Lose, but it's a Feeling in which you Care for Someone than Yourself.



CBDT provides relief to taxpayers who were eligible to file application for settlement as on 31.01.2021 before ITSC, but could not, due to cessation of ITSC vide Finance Act,2021. 

Such applications can be filed by 30.09.2021 before the Interim Board.


Government has amended Income Tax Rules, 1962, to provide that electronic records submitted through registered account of the taxpayers in the Income Tax Department’s portal would be deemed to have been authenticated by the taxpayer by electronic verification code (EVC). 


MCA:  w.e.f. 1/4/2021 new format of Schedule III - Div I, II & III is applicable. Further, note in Instructions to Balance Sheet - point no. (m) where Promoter details have been asked as per defined in Co. Act, 2013 and it has been defined as under: Section 2(69) of Companies Act, 2013 Promoter means a person: 


Who has been named as such in a prospectus or is identified by the company in the annual return referred to in section 92; or


who has control over the affairs of the company, directly or indirectly whether as a shareholder, director or otherwise; or


In accordance with whose advice, directions or instructions the Board of Directors of the company is accustomed to act:


Provided that nothing in sub-clause (c) shall apply to a person who is acting merely in a professional capacity; Therefore, a person who is not having any share but controlling company then his name will disclosed with Zero shareholding.


SEBI has introduced an optional T+1 settlement cycle for the markets. T+1 means that settlements will have to be cleared within one day of the actual transactions taking place. The regulator has put the onus on the stock exchanges to decide whether they want to opt for the shorter settlement cycle for any of the listed scrips. This can be done after giving a one-month prior notice to all stakeholders. A switch to the T+1 settlement cycle is expected to benefit domestic investors by increasing market liquidity and trading turnover while reducing settlement risk and broker defaults. Foreign portfolio investors (FPIs),

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