Daily Archive: Friday, May 12, 2017

Companies may accept deposits without deposit insurance contract till 31-03-2018

Author: | Categories: Companies Act, MCA No comments
Companies may accept deposits without deposit insurance contract till 31-03-2018 or till the availability of deposit insurance product, whichever is earlier TO BE PUBLISHED  IN THE GAZETTE OF INDIA EXTRAORDINARY,  PART II, SECTION 3, SUB-SECTION:(i)] Government of India Ministry of Corpora Affairs Notification New Delhi, dated, the May, 2017 G.S.R._(E).

 

Election Commission to hold challenge to EVMs tempering

Author: | Categories: Election Commission No comments
Election Commission to hold challenge to EVMs tempering for EVM used in elections or that EVMs can be tampered despite Technical/Administrative Safeguard Election Commission of India Press Release Dated: 12/05/2017 Meeting of all Political Parties on issues related to EVM/VVPAT and other Electoral reforms The Election Commission held a

 

Order quashed for not deciding objections to reopening u/s 147

Author: | Categories: Income Tax, ITAT, Judgments No comments
Order quashed for not deciding objections to reopening u/s 147. The objections filed by the assessee were not decide in the set aside proceedings. ABCAUS Case Law Citation: ABCAUS 1241 (2017) (05) ITAT The Grievance: The appellant assessee was aggrieved by the order passed by the Assessing Officer (‘AO’)

 

Wife share in house purchased from savings and stridhan accepted by deleting addition made u/s 69B as unexplained investment – ITAT

Author: | Categories: Income Tax, ITAT, Judgments No comments
Wife share in house purchased from savings and stridhan accepted by deleting addition made u/s 69B as unexplained investment – ITAT ABCAUS Case Law Citation: ABCAUS 1240 (2017) (05) ITAT The Grievance: The appellant assessee was aggrieved by the order passed by the CIT(A) in confirming the disallowance made by

 

Quoting Aadhaar Number for PAN Linking exemptions u/s 139AA

Author: | Categories: Income Tax 1 Comment
Quoting Aadhaar Number for PAN Linking exemptions u/s 139AA. Provisions not to apply to super senior citizen and other specified categories MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION No. 37/2017 New Delhi, the 11th May, 2017 S.O. 1513 (E).—In exercise of the powers conferred by sub-section (3) of section

 

NHAI Masala Bond Launched at London Stock Exchange

Author: | Categories: Government No comments
NHAI Masala Bond Launched at London Stock Exchange The Union Minister of Road Transport & Highways and Shipping  Shri. Nitin Gadkari yesterday launched the NHAI Masala Bond issue at the London Stock Exchange. The NHAI issue witnessed an overwhelming response from a wide range of investors, some of them

 

Printing and distribution of text books is connected to education and not advancement of any other object of general public utility u/s 2(15) – Delhi HC

Author: | Categories: High Courts, Income Tax, Judgments No comments
Printing and distribution of text books is connected to education and not advancement of any other object of General Public Utility of the definition of the term charitable purpose u/s 2 (15) – Delhi High Court ABCAUS Case Law Citation: ABCAUS 1239 (2017) (05) HC The Grievance: The appellant