Sequoia Capital pares stake in Zomato: Sequoia Capital India has pared its stake in Zomato Ltd by selling shares in the open market, joining Tiger Global, Uber and Moore Strategic Ventures among investors who have either fully or partially sold their holdings in the online food delivery aggregator in recent weeks. Sequioa, which first invested in Zomato in 2013, sold 171 million shares, or 2.01% stake, in the startup between September 2021 and this August. Sequoia offloaded 66 million shares
Month: September 2022
Indirect Tax Alert- August 2022
Indirect Tax News Letter GST Calendar –Compliances for the month of August 2022 Nature of Compliances Due Date GSTR-7 (Tax Deducted at Source ‘TDS’) September 10, 2022 GSTR-8 (Tax Collected at Source ‘TCS’) September 10, 2022 GSTR-1 September 11, 2022 IFF- Invoice furnishing facility (Availing QRMP) September 13, 2022 GSTR-6 Input Service Distributor September 13, 2022 GSTR-2B (Auto Generated Statement) September 14, 2022 GSTR-3B September 20, 2022 GSTR-5 (Non-Resident Taxable Person) September 20, 2022 GSTR-5A (OIDAR Service Provider) September 20,
Corporate and legal Alert- August 2022
In this edition we have tried to bring you notice the latest amendment that followed in the month of August, 2022 issued by MCA, RBI, SEBI, DIPP and others. AMENDMENTS ISSUED BY MCA MCA has published the Companies (Registration of Charges) Second Amendment Rules, 2022. New Rule 13 has been notified providing that Form No. CHG-1, Form No. CHG-4, Form No. CHG-8 and Form No. CHG-9 shall be signed by an Insolvency resolution professional or resolution professional or resolution professional
Direct Tax Alert- August 2022
Recent Updates CBDT notifies books & other documents to be maintained u/s 10(23C)/12A. Notification No. 94/2022 dated 10-08-2022. CBDT amends Rule 17CB to replace ‘trust or institution’ with ‘specified person’ in relation to Method of valuation for the purposes of sub-section (2) of section 115TD. CBDT extends time-limit for furnishing of Form-67. Foreign Tax Credit (FTC) can be claimed at time of filing belated and updated ITR. Amendment in Rule 128. Notification G.S.R. 636(E) [NO. 100/2022/F.NO. 370142/35/2022-TPL], DATED 18-08-2022. CBDT notifies Form 29D to