Daily Archive: Tuesday, April 12, 2016

Amendment of Guidance Note on SEBI (Prohibition of Insider Trading) Regulations, 2015

Author: | Categories: SEBI No comments
Amendment of Guidance Note on SEBI (Prohibition of Insider Trading) Regulations, 2015 Guidance Note on SEBI (Prohibition of Insider Trading) Regulations, 2015 (“PIT Regulations”) issued on August 24, 2015 has been amended with effect from February 17, 2016 to clarify that exit offer is also exempted from the restriction

Procedure for Establishment of Branch Office (BO)/Liaison Office (LO)/Project Offices (PO) in India by Foreign entities simplified-RBI

Author: | Categories: RBI No comments
Ministry of Finance-Press Release dated 12/04/2016 As a measure towards improving the ease of doing business, procedure for Establishment of Branch Office (BO)/Liaison Office (LO)/Project Offices (PO) in India by Foreign entities simplified As a measure towards improving the ease of doing business, it has now been decided that

Addition u/s 69 for discrepancies in stocks was business income to be considered for computing partners remuneration under Section 40(b)

Author: | Categories: Income Tax, ITAT, Judgments No comments
In a recent judgment, ITAT Chennai has upheld that Addition u/s 69 for discrepancies in stocks was business income and has to be considered for computing partners remuneration under Section 40(b) Case Law Details: ITA No.393/Mds/2013 Assessment Year : 2009-10 Income Tax Officer vs. M/s Roshan Date of Order/Judgment: 07/04/2016 Brief Facts

Excisability of re-refined used oil or waste oil-CBEC clarification-When lubricating oil produced from waste oil amounts to manufacture

Author: | Categories: Excise/Custom No comments
Circular No. 1024/12/2016–CX F.NO. 96/43/2015-CX.1 Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs New Delhi, dated the 11th April, 2016 To All Principal Chief Commissioner/Chief Commissioners of Customs, Central Excise & Service Tax; All Director Generals of Customs, Central Excise & Service

Public Servants Filing of Annual Return of Assets and Liabilities. Extension of due due date to 31/07/2016 u/s 44 of the Lokpal and Lokayuktas Act 2013

Author: | Categories: Lokpal and Lokayuktas No comments
MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS (Department of Personnel and Training) NOTIFICATION New Delhi, the 11th April, 2016 G.S.R. 414(E).––In exercise of the powers conferred by sub-section (1) read with clause (k) and clause (m) of sub-section (2) of section 59 read with section 44 of the Lokpal
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