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Archive: 03 November 2009

Posts in 03 November 2009

Live Course on Appeal, Pleading & Drafting under GST by CA Sachin Jain

May 15, 2024 6354 Views 0 comment Print

oin us for an immersive live course led by renowned expert CA Sachin Jain, as we delve into the intricacies of appeal, pleading, and drafting under GST.

Live Course on How to Reply to GST Notices & SCN & to Fake ITC Notices? – Last day to Register

May 15, 2024 19380 Views 0 comment Print

Join our live course to learn expert strategies for replying to GST notices, SCNs, and fake ITC notices. Understand litigation nuances, evidence insights, and practical tips for effective responses. Register now!

Corruption in settling drawback claims: CVC asks CBEC to provide officers detailed checklists

November 3, 2009 647 Views 0 comment Print

On the action front, the CVC report reveals that on the basis of its recommendations, various competent authorities imposed major penalty in 47 cases in September, and 14 of them belong to the Railways. Merely one officer from CBDT figures in this list. However, since the past catches up with the present, the CBEC has granted sanctions for prosecution against 18 officers last month.

Formation & Taxation of Charitable Trust

November 3, 2009 59696 Views 25 comments Print

A public charitable or religious institution can be formed either as a Trust or as a Society or as a Company registered u/s 25 of the Companies Act. It generally takes the form of a trust when it is formed primarily by one or more persons. To form a Society at least seven persons are required. Institutions engaged in promotion of art, culture, commerce etc. are often registered as non-profit companies.

Verification Status of Examination papers of Professional Competency Examination (PCE) held in June 2009

November 3, 2009 327 Views 0 comment Print

# Roll Numbers of candidates where no change in marks found click Here All these candidates are being intimated by post. # Roll Numbers of candidates where change in marks found but there is no change in result or exemption in applied papers found click Here Revised Mark Sheet is being sent. # Candidates whose Roll No is not appearing in 1 and 2 above are under process.

Funds raised through initial public offers (IPO) will be under scanner for end-use

November 3, 2009 684 Views 0 comment Print

The Ministry of Corporate Affairs (MCA) has decided to conduct a quarterly scrutiny of the end-use of funds raised through initial public offers (IPO). To this end, the ministry has directed all Registrar of Companies (RoC) to coordinate with the stock exchanges to access the quarterly balance sheets of all companies that have come out with IPOs in the recent past.

Banks and housing finance companies under scanner for imposing penalty on pre-payment of loans

November 3, 2009 369 Views 0 comment Print

Several banks and housing finance companies have come under the scanner of the competition watchdog for imposing penalty on pre-payment of loans. The Competition Commission of India, according to a CCI official, is scrutinising a complaint concerning pre-payment penalty from a customer against major home loan players like HDFC, LIC Housing Finance and Deutsche Postbank.

No LTA for government staff using personal car or taxi as mode of transport

November 3, 2009 1027 Views 0 comment Print

The government will not sanction leave travel allowance for an employee who uses personal car or taxi as mode of transport.However, the rule shall not be applicable to employees with a handicap or disability of self or dependent family member. According to a government notification, the employees can avail the LTA only if they travel by Indian Railways or Air Indiaand state transport corporation buses.

MTNL offered new 3G prepaid connections for Rs 109

November 3, 2009 276 Views 0 comment Print

Mahanagar Telephone Nigam Ltd on Monday said it will offer new 3G prepaid connections for Rs 109 in its Mumbai circle.New subscribers can avail new ‘3G Tariff’, with local voice and video call charges at 20 paise per minute on own local network and 50 paise per minute for other local networks across Mumbai telecom circle with lifetime validity, MTNL said in a statement.

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