Daily Archive: Monday, May 16, 2016

Income Tax Website Legal Corner. Questions of Law admitted or dismissed by Bombay High Court to be displayed section­wise.

Author: | Categories: High Courts, Income Tax, Judgments No comments
Income Tax Website Legal Corner. Questions of Law admitted or dismissed. by Bombay High Court to be displayed section­wise. Case Law Details: ITA No. 2287 OF  2013 The Commissioner of Income Tax­8 (Appellant) vs. M/s. TCL India Holdings Pvt. Ltd (Respondent) Date of Judgment: 06-05-2016 Coram: Justice M. S. Sanklecha and Justice A. K. Menon The question:  This appeal was filed by the Revenue raises questions with regard to whether

CSR activities and Tobacco Industry-MCA Clarification.companies under CSR not to contravene any Law including Cigarettes, Tobacco Products Act (COTPA) 2003

Author: | Categories: Companies Act No comments
CSR activities and Tobacco Industry-MCA Clarification There is an inherent contradiction in corporate social responsibility and tobacco industry. COTPA aims to prohibit advertisement and regulation of tobacco business in India. This circular is aimed to discourage tobacco industry from earning goodwill through Corporate Social Responsibility (CSR) activities, General Circular No. o5/2016 No. 05/01/2014-CSR Government of

MCA-e form filing due date extension-Relaxation of additional fees for forms due for filing between 25-03-2016 to 31-05-2016. Last Date Extended 10-06-2016

Author: | Categories: Companies Act No comments
MCA-e form filing due date extension-Relaxation of additional fees for forms due for filing between 25-03-2016 to 31-05-2016. Last Date Extended 10-06-2016 General Circular No 06/2016 F No.01/34/2013 CL-V Government of India Ministry of Corporate Affairs 5th Floor. A Wing, Shastri Bhawan, Dr. Rajendra Prasad Rood, New Delhi –

Punjab Sind Bank Concurrent Audit Online Empanelment. Applications invited from Chartered Accountant Firms Last date is 31/05/2016

Author: | Categories: Empanelment No comments
Punjab Sind Bank Concurrent Audit Online Empanelment  Punjab & Sind Bank invite online application from Chartered Accountant for empanelment as Concurrent Auditor.Last date is 31/05/2016 Selection criteria to be adopted while selecting a CA firm for assignment: i.The Chartered Accountants firm should preferably be a partnership firm with at least one

Banks authorised to accept payments of Income Tax payments/dues. Twenty-nine agency banks are authorised so far by Reserve Bank of India

Author: | Categories: Income Tax, RBI No comments
Banks authorised to accept payments of Income Tax Reserve Bank of India Date : May 16, 2016 Pay IT dues in advance at RBI or at authorised bank branches – June 2016 The Reserve Bank of India has appealed to income tax assessees to remit their income tax dues

Income Declaration Scheme 2016 for domestic black money open from 01/06/2016. Tax Rate is 30% + Krishi Kalyan Cess 25% + Penalty 25% = Total 45%

Author: | Categories: Black Money No comments
The Income Declaration Scheme 2016 for domestic black money to open from 1st June 2016. Ministry of Finance-Press Release dated 14/05/2016 The Income Declaration Scheme, 2016 incorporated as Chapter IX of the Finance Act 2016 provides an opportunity to all persons who have not declared income correctly in earlier
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