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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 …
Company Law Board (CLB) Principal Bench, New Delhi in its recent judgment has held that whenever a company is required to file any return, account or other document then it has to necessarily pass a Board Resolution to send such document to the registrar of Companies . Unless …
Scheme for Facilitating Start-Ups Intellectual Property Protection (SIPP) Introduction Intellectual Property Rights (lPRs) arc emerging as a strategic bu siness tool ror any business organization to enhance industrial competitiveness . Stru1-Ups, with limited resources and manpower. can sustain in this highly competitive world only through continuous growth and …
In a recent judgment, ITAT Chennai has held that a statement recorded u/s 133A can not be retracted saying survey team had exerted force on the assessee when he issued a cheque by properly preparing, signing it for the amount surrendered. Case Law Details: I.T.A.No.1429/Mds./2015 Assessment Year :2007-08 …
In a recent judgment, ITAT Chennai has held that paucity of funds due to project expansion was a sufficient case not to levy penalty u/s 221(1) for non payment of self assessment tax before filing return of income. Case Law Details: ITA No. 611/Mds/2014 Assessment Year : 2010-11 M/s. …
In a recent judgment, ITAT Chennai has stated that consent/acceptance given by assessee could not give jurisdiction and a right to the assessing authority to make an addition. The taxing authority can act only if there is power under the statute to do so. It further held that if the liabilities …
