• CMA

ICMA-Creation of a panel of Cost Accountant Firms for sending to RBI for its consideration for Stock / Concurrent Audit in the banks

10 years ago

12th April, 2016 Creation of a panel of Cost Accountant Firms for sending to RBI for its consideration for Stock…

  • SEBI

Amendment of Guidance Note on SEBI (Prohibition of Insider Trading) Regulations, 2015

10 years ago

Amendment of Guidance Note on SEBI (Prohibition of Insider Trading) Regulations, 2015 Guidance Note on SEBI (Prohibition of Insider Trading)…

  • RBI

Procedure for Establishment of Branch Office (BO)/Liaison Office (LO)/Project Offices (PO) in India by Foreign entities simplified-RBI

10 years ago

Ministry of Finance-Press Release dated 12/04/2016 As a measure towards improving the ease of doing business, procedure for Establishment of…

  • Income Tax

Addition u/s 69 for discrepancies in stocks was business income to be considered for computing partners remuneration under Section 40(b)

10 years ago

In a recent judgment, ITAT Chennai has upheld that Addition u/s 69 for discrepancies in stocks was business income and has…

  • Excise/Custom

Excisability of re-refined used oil or waste oil-CBEC clarification-When lubricating oil produced from waste oil amounts to manufacture

10 years ago

Circular No. 1024/12/2016–CX F.NO. 96/43/2015-CX.1 Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs…

  • Lokpal and Lokayuktas

Public Servants Filing of Annual Return of Assets and Liabilities. Extension of due due date to 31/07/2016 u/s 44 of the Lokpal and Lokayuktas Act 2013

10 years ago

MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS (Department of Personnel and Training) NOTIFICATION New Delhi, the 11th April, 2016 G.S.R.…

  • Income Tax

No disallowance u/s 40A(2)(b) when payees assessed at maximum rate. Excessive directors remuneration disallowance quashed

10 years ago

In a recent judgment, Ahmedabad ITAT quashed disallowance for excessive directors remuneration stating that section 40A(2)(b) disallowance is not to be invoked when…

  • Supreme Court

5 judge Bench of SC recalls its 2013 controversial judgment which quashed National Eligibility Entrance Test as unconstitutional

10 years ago

The Supreme Court recalls its judgment delivered on 28-07-2013 delivered by a three judge Bench which had quashed the National…

  • Income Tax

CPC(TDS) Advisory-Deposit TDS and TDS Defaults Demand for Purchase of Immovable Property (26QB Statement-cum-challan)

10 years ago

CPC(TDS) Advisory for Deposit of Tax deducted and Demand for TDS Defaults with respect to Purchase of Immovable Property (26QB…

  • SEBI

SEBI officers discuss agenda for future in the Annual Brainstorming Session

10 years ago

SEBI officers discuss agenda for future in the Annual Brainstorming Session The fifth edition of the SEBI Brainstorming session was…