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Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes
Government takes strict action against defaulting/non performing tax officials/officers; For the First Time, 33 officials/officers including 7 Group ‘A’ officers prematurely retired for non-performance and 72 officers/officials including 6 Group ‘A’ Officers dismissed in other departmental / disciplinary actions in the last two years. Ministry of Finance-Press Release …
Encashment of Bank Guarantee of contractor against disputed claim of damages not permitted unless adjudicated by Court of law in judicial proceedings -Supreme Court Case Law Details: Civil Apeal No. 4814 of 2016 M/s Gangotri Enterprises Ltd. Appellant(s) VERSUS Union of India & Ors. Respondent(s) Date of Judgment: 05/05/2016 …
Temporary business closure, lull and disallowance of expenses Expenses of rent staff and various other business expenses establish that those were incurred to keep its business alive they cannot be disallowed merely on the ground of temporary closure or lull in business due to recession in the market-held by …
CIT Appeals must pass speaking order even in ex-parte cases. ITAT Delhi, in a recent case remanded back the appeal of the assessee which was dismissed in limine by CIT(A) for non appearnace. Case Law Details: I.T.A .No.-2379/Del/2015 (ASSESSMENT YEAR-2010-11) Abhinav Dwivedi vs ITO Date of Judgment/Order: 04/05/2016 Brief Facts of the …
How to limit/reduce PDF file size while affixing the DSC in eform of MCA-FAQ One of the pre-requisite for filing of various eform is that the total size of the file to be uploaded along with the attachments should not exceed 2.5 MB. However thesize of the e-form …
Observations on the question papers of CA examinations-May, 2016 4th May, 2016 It is hereby informed that candidates can bring to the notice of the Examination Department, their observations, if any, on the question papers relating to CA Examinations being held in May 2016, by e-mail at examfeedback@icai.in …
MINISTRY OF CORPORATE AFFAIRS Notification New Detlhi, the 29/04/2016 S.O. E. In exercise of the powers conferred by sub-section (1) of section 458 of the Companies Act (18 of 2013)’ the Central Government being satisfied that circumstances warrant, hereby delegates the powers to appoint inspectors for inspection of …
CIRCULAR SEBI/HO/MRD/DRMNP/CIR/P/2016/54 May 04, 2016 All recognized Clearing Corporations and Stock Exchanges Dear …
Guidance Note on CARO 2016-Communication from AASB of ICAI Dear Members As you are aware, the Companies (Auditor’s Report) Order, 2016 (CARO 2016) was notified by the Ministry of Corporate Affairs (MCA) on 30th March 2016. The Order is applicable for the audits of financial statements for the …
