GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 22/2016-Service Tax New Delhi, the 13th April, 2016 G.S.R.
.(E).-In exercise of the powers conferred by sub-section (1) of section 93 of the Finance Act, 1994 (32 of 1994), the Central Government being satisfied that it is necessary …
In a recent judgment, the Madras High Court has directed CBDT to accept the e-return filed by the appellant company after midnight due to heavy rush and snag at the income tax e-filing website, as within due date and give benefit of carry forward of loss under Section …
In a recent judgment, the Madras High Court has upheld the Constitutional validity of section 94A(1) of the Income tax Act, 1961 and CBDT Notification 86/2013 specifying ‘Cyprus’ as the ‘notified jurisdictional area for the purpose of the said section. Case Details: W.P.Nos.17241 to 17243 & 17407 to 17412 of …
In a recent judgment, ITAT held that the word ‘erroneous’ in section 263 includes the failure to make an inquiry when circumstances would make such an enquiry prudent. Also order passed without applying the principles of natural justice or without application of mind are fall in the same category. …
12th April, 2016 Creation of a panel of Cost Accountant Firms for sending to RBI for its consideration for Stock / Concurrent Audit in the banks A panel consisting of list of eligible Cost Accountant Firms would be formed and sent to RBI so that they may examine …
Amendment of Guidance Note on SEBI (Prohibition of Insider Trading) Regulations, 2015 Guidance Note on SEBI (Prohibition of Insider Trading) Regulations, 2015 (“PIT Regulations”) issued on August 24, 2015 has been amended with effect from February 17, 2016 to clarify that exit offer is also exempted from the …
