Daily Archive: Wednesday, November 16, 2016

Data on CSR expenditure by companies for FY 2014-15 Detailed analysis of CSR expendings by 7334 companies-MCA

Author: | Categories: Companies Act No comments
Data on CSR expenditure by companies for FY 2014-15. Detailed analysis of CSR expendings by 7334 number of companies released by MCA Ministry of Corporate Affairs has released data of expenditure on Corporate Social Responsibilities by 7334 nos of companies for FY 2014-15 As per section 135 of the

 

PAN compulsory for old bank notes deposit exceeding Rs 50000. For cash deposits PAN card must if bank account is not seeded with PAN-RBI

Author: | Categories: RBI No comments
PAN compulsory for old bank notes deposit exceeding Rs 50000.  For cash deposits copy of PAN card must if bank account is not seeded with PAN-RBI Reserve Bank of India Withdrawal of Legal Tender Character of Specified Bank Notes – Compliance with provisions of 114B of the Income Tax

 

New Aadhaar Toll-Free Helpline No 1947 Launched. Helpline 1947 available 24×7 throughout year

Author: | Categories: Aadhaar No comments
New Aadhaar Toll-Free Helpline No 1947 Launched.Helpline 1947 available 24×7 throughout year 7 am-11 pm (Monday to Saturday) 8 am to 5 pm on Sunday. Ministry of Communications & Information Technology Press Release 16-November, 2016 Revamped Aadhaar Toll-Free Helpline No. 1947 Launched 1947 to bring convenience to Aadhaar holders,

 

Unregistered partnership firms can be referred to arbitration, Mere non filing of deed not make arbitration application liable to dismissal–SC

Author: | Categories: Judgments, Supreme Court No comments
Unregistered partnership firms can be referred to arbitration, there is no contrary statutory provision. Mere non filing of deed not make arbitration application liable to dismiss–Supreme Court  ABCAUS Case Law Citation: 1055 (2016) (11) SC Important Case under consideration: Atul Singh & Othes Vs. Sunil Kumar Singh   &   Others 2008 (2) SCC 602 Bharat Sewa Sansthan Vs. U.P.Electronics Corporation Ltd.  2007 (7) SCC 737

 

Revised Rules for reporting cash deposit transaction by banks. Amendment to Rules 114B and 114E. More than Rs. 250000 deposited now reportable-CBDT

Author: | Categories: Income Tax No comments
Revised Rules for reporting cash deposit transaction by banks. Amendment to Rules 114B and 114E. More than Rs. 250000 deposited between 9th Nov, 2016 to 30th Dec, 2016 now reportable-CBDT CBDT has further amended Rules 114B, 114C, 114D and 114E  by Notification No. 02/2017 dated 06-01-2017 providing for no

 

Deferred payment of customs duty by eligible importer. Importer shall indicate deferred payment in Bill of Entry filed. Custom Circular 52/2016

Author: | Categories: Custom No comments
Deferred payment of customs duty by eligible importer. Importer intending to use benefit shall indicate deferred payment in Bill of Entry filed Circular No. 52/2016-Cus F. No.450/81/2016-Cus IV Government of India Ministry of Finance Department of Revenue (Central Board of Excise and Customs) ****** New Delhi, dated the 15th

 

SOP-Putting indelible ink for old bank not exchange. Ink to be put on right index finger to identify that old currency notes exchanged only once-RBI

Author: | Categories: RBI No comments
SOP-Putting indelible ink for old bank not exchange. Ink to be put on right index finger to identify that old currency notes exchanged only once-RBI Reserve Bank of India Standard Operating Procedure (SOP) for putting indelible ink on the finger of the customers coming to a bank branch for