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ICAI Announcement Applicability of Accounting Standards amended by MCA vide Notification dated March 30, 2016 1. The Ministry of Corporate Affairs, Government of India, vide Notification No. G.S.R. 739(E), dated 7th December, 2006, notified Companies (Accounting Standards) Rules 2006, in the Official Gazette Rule 1, sub-rule (2), provided that …
SME….!!! A New Opportunity for Private Company..! Article By Meetesh Shriroya In the Present era, the market is booming up so every Company want to take opportunity to earn more from the same market and want to get maximum benefits out of that, so what are the ways …
In its latest judgment , Delhi High Court has held that deduction under Section 80-O of the Income tax Act, 1961 computed applying average profit margin for domestic income and not considering fixed costs was a distorted apportionment of net profit. Case Law Details: ITA 264/2002 ITA 415/2004 M/s Continental Carriers …… …
In a recent judgment CLB Kolkata bench has held that it shall be deemed that soon after the director communication to the company regarding his resignation , the said person shall cease to be a director of the company. Case Law Details: CP No. 186/2014 Petition under section 614 of …
From 1st January, 2017 panic or emergency button and from 01/01/2018 GPS in new mobile/cell phone made compulsory. Panic button in new mobile handset Ministry of Communications and Information Technology has issued a notification whereby with effect from 1st January, 2017 a panic or emergency button in new …
Securities and Exchange Board of India CIRCULAR SEBI/HO/CDMRD/DMP/CIR/P/2016/49 April 25, 2016 To, The Managing Directors / Chief Executive Officers of All Commodity Derivatives Exchanges and their members Dear Sir / Madam, Sub: Disclosure of Proprietary Trading by Commodity Derivatives Broker to Client and “Pro – account” Trading terminal …
CBEC takes Litigation Management and Dispute Resolution measures; Field formations file applications for withdrawal in 980 and 2174 cases in High Courts and CESTAT respectively as per the new threshold monetary limits prescribed; Out of this, High Courts allow withdrawal in 250 cases and CESTAT in 202 cases. …
DUE DATE FOR FILING OF SERVICE TAX RETURN FOR THE PERIOD OCTOBER-MARCH, 2015-2016 HAS BEEN EXTENDED FROM 25TH TO 29TH APRIL, 2016. Ministry of Finance Press Release dated 25-04-2016 Extension of date for filing of ST3 returns The Central Government has extended the date of filing …
MINISTRY OF COMMERCE AND INDUSTRY (DEPARTMENT OF INDUSTRIAL POLICY AND PROMOTION) NOTIFICATION New Delhi, the 22nd April, 2016 G.S.R. 439(E).—The Government of India, vide Notification No. G.S.R. 180(E), dated 17th February, 2016 defined ‘startup’ under Startup India initiative, and has declared that a certificate of eligibility shall be …
Today, the Hon’ble High Court of Uttarakhand made its landmark judgment online that quashed the Presidential Rule in Uttarakhand which was imposed under Article 356 of the Constitution of India. The petitioner had alleged that the ruling BJP at the Centre, in pursuit of its objective to overthrow the …
