Daily Archive: Monday, May 30, 2016

ICAI-Draft Syllabus for Revised Education and Training Scheme for Foundation,Intermediate / IPC and Final Level Chartered Accountancy Course

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ICAI-Draft Syllabus Revised Education Training Course Scheme Vide Chartered Accountants (Amendments) Regulations, 2016 ICAI has revised its scheme of education and training for Chartered Accountancy Course. In this direction, ICAI has issued a proposed draft syllabus for its revised educational and training scheme for chartered accountancy exams. The subject/paper wise new

 

Depository to devise and maintain wind-down plan-SEBI (Depositories and Participants) (Third Amendment) Regulations, 2016-Notification

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SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 27th May, 2016 SECURITIES AND EXCHANGE BOARD OF INDIA (DEPOSITORIES AND PARTICIPANTS) (THIRD AMENDMENT) REGULATIONS, 2016 No. SEBI/LAD-NRO/GN/2016-17/007-In exercise of the powers conferred by Section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992) read

 

Equalisation Levy effective Date 01062016-CBDT Notification 37/2016 dated 27/05/2016 giving effect to Chapter VIII of Finance Act, 2016

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Equalisation Levy effective Date 01062016 GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE (CENTRAL BOARD OF DIRECT TAXES) NEW DELHI NOTIFICATION NO. 37/2016 Dated: May 27, 2016 S.O.1904(E). – In exercise of the powers conferred by sub-section (2) of section 163 of the Finance Act, 2016 (28 of

 

Bad debt written off claim us 361vii -Assessee need not establish if written off in books of accounts of assessee as irrecoverable-CBDT Circular-12/2016

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Bad debt written off claim us 361vii Circular No. 12/2016 F.No.279/Misc./140/20  15-ITJ Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi , Dated 30th May, 2016 Subject:- Admissibility of claim of deduction of Bad Debt under section 36(1)(vii) read with section 36(2)

 

CSR activities through charitable company trust society and track record requirement. The Companies CSR (Policy) Amedment Rules 2016-MCA Notification

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CSR activities through charitable company trust society and track record requirement.  MINISTRY OF CORPORATE AFFAIRS Notification  New Delhi, the 23rd May, 2016 G.S.R. 540(E).—In exercise of the powers conferred under section 135 and sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013), the

 

Striking off name of company us 560-ROC order set aside by Delhi High Court holding that object of section 560(6) is to give a chance to revive the company

Striking off name of company us 560-ROC order set aside  Delhi High Court restored the name of the company by setting aside the order of ROC striking off the name of the company u/s 560 of the Companies Act, 1956 holding that the object of section 560(6) of the Companies

 

Consent of assessee cannot give AO right to make additions. the consent of the assesse/authorised representative cannot be a reason to sustain the addition.

Author: | Categories: Income Tax, ITAT, Judgments No comments
Consent of assessee cannot give AO right to make additions. the consent of the assesse/authorised representative cannot be a reason to sustain the addition. This was upheld by ITAT Chennai in a recent judgment as under: Case Details: ITA Nos. 300 to 303/Mds/2016 Assessment Years : 2010-11 to 2013-14 M/s. SNJ