GST
Stay granted since notice has been issued by inspecting officer who is not proper officer – Mad HC.
INCOME TAX
CBDT makes amendments in Rule 44E – Form of application for obtaining an advance ruling.
CBDT introduces Rule 2DCA – Computation of minimum investment and exempt income for the purposes of clause (23FE) of section 10 of the Act.
COMPANY LAWS
MCA has amended rules on issuing prospectus and allotting shares to ensure that the company discloses investments from countries with which India shares a land border.
DGFT
The Tariff Rate Quotas (TRQ) under India–UAE CEPA and procedure for allocation and imports under given TRQs has been notified.