Month: December 2016
Refusal of registration us 12A to society of close family members or on the ground that it will charge fee from the students do not justify refusal – ITAT ABCAUS Case Law Citation: ABCAUS 1085 (2016) (12) ITAT Important Case Laws cited: Queen’s Educational Society vs. CIT (2015) …
Company Name reservation-incorporation complaints if not resolved in 2 working days after service ticket is raised-where to report? MCA Announcement If service complaints related to Name Reservation or Company Incorporation are not resolved within 2 working days after a service ticket is raised, Stakeholders may escalate the matter …
DTAA between India and Cyprus. Completion of internal procedures for revised agreement on taxes on income, along with its Protocol signed on 18-11-2016 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 16th December, 2016. PRESS RELEASE Sub : Notification of …
No debit transfer withdrawals in non KYC compliant bank accounts with balance of 5 lakhs+ or 2 lakhs deposits after 09-11-2016-RBI Reserve Bank of India Compliance to provisions of Master Direction on Know Your Customer (KYC) RBI/2016-17/183 DBR.AML.BC.48/14.01.01/2016-17 December 15, 2016 All Regulated Entities Dear Sir/Madam, Compliance to …
Unpaid audit fee was not income u/s 41(1) even if confirmation letter not produced as no expenditure was claimed in the current year-ITAT ABCAUS Case Law Citation: ABCAUS 1084 (2016) (12) ITAT Brief Facts of the Case: The assessee was a Government Corporation. In the balance sheet of …
e-Payment System for Airport Parking Charges. Airports Authority of India instruction for evolving mechanism of e-payment transactions Ministry of Civil Aviation Dated: 15th December, 2016 Press Release Digital Payment System For Parking Charges At Airports Airports Authority of India (AAI) has issued directions to the respective Car Parking …
NITI Aayog-Lucky Grahak Yojana Digi-dhan Vyapar Yojana to promote and incentivize electronic payments. First draw on 25-12-2016 as Christmas gift NITI Aayog 15-December, 2016 NITI Aayog announces launch of the schemes – Lucky Grahak Yojana and Digi-Dhan Vyapar Yojana-for incentivising digital payment Government of India has initiated numerous …
Export warehousing facility extended to Ahmedabad Gujarat. Places where warehouses may be established to store excisable goods for export Circular No. 1051/39/2016-CX F. NO. 209/10/2013-CX.6 GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF EXCISE AND CUSTOMS North Block, New Delhi Dated the 15th of …
Bank Lending and Loan Quality-Case of India. RBI Working Paper analyses how non-performing loans NPLs of Indian banks behave through the cycle Reserve Bank of India Dated: 14th Dec, 2016 Bank Lending and Loan Quality: The Case of India The Reserve Bank of India today placed on its …
Wanton breach of law-procedures evidence of corruption. Criteria on misconducts of officers with quasi-judicial functions-powers-CVC circular Central Vigilance Commission Satarkata Bhawan, G.P.O. Complex, Block-A, INA, New Delhi 110023 Dated: 24th Oct.2016 No. 007/VGL/054 Circular No. 12/2016 Subject: Criteria to be followed while examining the lapses of authorities exercising …