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Appointment and Remuneration of Managerial Personnel Amendment Rules 2016. No Return MR-1 for CFO CS CEO. Exemption to Listed Companies & Board Disclosures

Government of India Ministry of Corporate Affairs NOTIFICATION New Delhi,  30th June, 2016 G.S.R. .-In exercise of the powers conferred by sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies …

CBEC-Launch of special drive from 01-07-2016 to 30-09-2016 to resolve certain pending issues and timely disposal of AIR drawback claims

F.No.609/14/2014-DBK Government of India Ministry of Finance Department  of Revenue, CBEC Drawback  Division 4th Floor, Jeevan  Deep  Building, New  Delhi, Parliament  Street, Dated:  30th  June,  2016 To All Principal Chief Commissioners/ Chief Commissioners All Principal Director Generals/  Director Generals All Principal Commissioners/Commissioners,  under CBEC Madam I Sir, Subject: …

Limitation us 275 imposing penalty starts from date of initiation by AO though it is imposable by Addl/JCIT. Penalty us 272A(2)(k), 271C held time barred

Limitation us 275 imposing penalty starts from the date of initiation by the Assessing Officer though it is imposable by Additional/Joint Commissioner of Income-tax but there is no bar on the initiation of penalty proceedings by the ITO. Proceedings us 272A(2)(k), 271C held time barred by ITAT ABCAUS …

Assessment u/s 153A based on pre-search enquiries and not on incriminating material unearthed during search seizure operation u/s 132 invalid – ITAT

Assessment u/s 153A based on pre-search enquiries and not on incriminating material unearthed during search seizure operation u/s 132 invalid – ITAT ABCAUS Case Law Citation: 960 2016 (06) ITAT Date/Month of Order/Judgment – June, 2016 Assessment Year: 2006-07 & 2007-08 Important Judgments Cited/Relied upon: CIT vs. Kabul Chawla …

National Company Law Tribunal Listing of matters wef 01072016 before Principal/New Delhi Bench based on paid up capital up to or more than 50 Lakhs

No. 25/1/2016-NCLT Government of India National Company Law Tribunal, 6th Floor. Block -3, CGO Complex Lodhi Road, New Delhi-110003 Dated 29th June, 2016 ORDER Consequent to the notification no. S.O. 1935 (E) dated 1.6.2016 issued by the Central Government, Ministry of Company Affairs following criteria has been laid …