co operative

In partial modification of paragraph 3 (ii) thereof, it is advised that apart from the documents mentioned therein, any certificate / registration document issued by Sales Tax / Service Tax / Professional Tax authorities may also be considered for verification of the proof of name, address and activity of the Proprietary concern. Full Article

As you are aware, the Credit Information Companies (Regulation) Act, 2005 has been operationalised with effect from December 14, 2006. In terms of Section 15(1) of the Act, every credit institution has to become member of at least one credit information company within a period of three months from commencement of the Act or any extended time allowed by the Reserve Bank on application. Full Article

CASE LAW DETAILS Decided by: ITAT, MUMBAI BENCHES `E’, MUMBAI, In The case of: The Jai Hind Co-op Housing Society Ltd. V.ITO, Appeal No.: ITA NO. 88/Mum/2006,  Decided on: December 17, 2008 RELEVENT PARAGRAPH 7. We have the rival submissions and perused the records. During the year under consideration the assessee society had claimed as [...] Full Article

RBI/2009-10/ 148 —RPCD.CO.RF.BC. No.18 /07.38.03/2009- 10 Dated: September  7, 2009 All State Co-operative Banks (StCBs) and District Central Co-operative Banks (DCCBs) Dear Sir, Collection of Account Payee Cheques – Prohibition on Crediting Proceeds to Third Party Account Please refer to our circular RPCD.CO.RF.BC. No.78/07. 38.03/2005- 06 dated April 27, 2006 in terms of which banks are prohibited from [...] Full Article

RBI/2009-10/145 UBD.BPD.PCB.Cir.No 8 /13.05.006/2009-10 Dated: September 3, 2009 The Chief Executive Officer, All Primary (Urban) Co-operative Banks Dear Sir/Madam, Budget Announcement 2009-10-Extension of last date under One Time Settlement Scheme (Under Agricultural Debt Waiver and Debt Relief Scheme, 2008) upto December 31, 2009 Full Article

???? RBI/2009-10/138 UBD.CO.BSD. (SCB). No.5/12.09.009/2009-10 August 31, 2009 The Chief Executive Officer All Primary (Urban) Co-operative Banks Dear Sir, Section 6 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) – Forms of Business in which banking companies may engage A reference is invited to Section 6 (1)(f) of the Banking Regulation Act [...] Full Article

Co-Operative department Pune has released the Supplementary List of C.A. Firms/Chartered Accountants  eligible for Audit ofUrban Co-Operative Banks in the state of Maharashtra. List can be downloaded by clicking on link given below:- Copy and paste the link below in Your Browser  to download list Of Charterd Accountants eligible for empanelment for 2009-12 http://wirc-icai.org/docs/ca170309.xls All [...] Full Article