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Archive: 2009

Posts in 2009

CLB shifted office from Shastri Bhawan to Paryavaran Bhawan

June 16, 2009 1261 Views 0 comment Print

GOVERNMENT OF INDIA COMPANY LAW BOARD Shastri Bhawan, 5th Floor, ‘A’ Wing, Dr. Rajendra Prasad Road, New Delhi-l 10001 Dated: 09.06.2009 OFFICE ORDER The Company Law Board, New Delhi is in the process of shifting from Shastri Bhawanto Paryavaran Bhawan, CGO Complex, 3rd Floor, Lodhi Road, New Delhi- 110003. Filing of new petitions and receiving […]

Foreign companies underwriting income not taxable in India: ITAT

June 16, 2009 1591 Views 0 comment Print

Foreign firms earning through underwriting services in India without having a permanent establishment here will not be required to pay tax on that income, tax tribunal said in a ruling. Income Tax Appellate Tribunal (ITAT) gave this ruling in case of over Rs nine crore payment by auto maker Mahindra and Mahindra

Empanelment of eligible Chartered Accountant Firms in Corporation Bank

June 16, 2009 4188 Views 0 comment Print

Empanelment of eligible Chartered Accountant Firms in Corporation Bank –  Profile/Resume sent through E-mail will not be considered for empanelment. Only properly filled in and duly signed Hard copy of the Profile/Resume as per the Format will be considered for empanelment subject to the Firm meeting the eligibility criteria. Such applications shall be submitted to […]

Voluntary retirement compensation and chargeability to tax if payment is stretched over a period of years

June 16, 2009 1582 Views 0 comment Print

Benefit in lieu of salary payable to an employee opting for voluntary retirement is exempted from being charged to tax to the extent of Rs. 5 lakhs by reason of section 10(10C); even if the payment is stretched over a period of years, the same would not become chargeable to tax in any subsequent assessment year

Notification No. 67/2009-Customs (NT) Dated 15 June, 2009

June 15, 2009 532 Views 0 comment Print

The principal notification was published in the Gazette of India vide notification no. 61/94-Customs (N.T.), dated the 21st November, 1994 (S.O. number 828 (E), dated the 21st November,1994 and was last amended by notification No. 03/2009 Customs(N.T.) dated the 06th January,2009 (S.O. number 44(E),dated the 06th January,2009).

Notification No. 66/2009-Customs (N. T.) Dated:15th June, 2009

June 15, 2009 421 Views 0 comment Print

The Principal notification was published in the Gazette of India, Extraordinary, vide Notification No. 36/2001 – Customs (N.T.), dated, the 3rd August, 2001 (S. O. 748 (E), dated, the 3rd August, 2001) and was last amended vide Notification No. 55/2009-Customs (N.T.),

Notification No. 65/2009-Customs Duty (N.T.), dated 15-06-2009

June 15, 2009 454 Views 0 comment Print

In exercise of the powers conferred by sub-rule (1) of Rule 3 of the Customs Tariff (Transitional Product Specific Safeguard Duty) Rules, 2002, and in supersession of notification of the Government of India in the Ministry of Finance (Department of Revenue) No.106/2008-Customs (N.T) issued vide G.S.R.No.632 (E) dated the 2nd September, 2008, the Central Government hereby appoints Ms. Praveen Mahajan as the Director General (Specific Safeguard) for the purposes of the said Rules.

Notification No. 64/2009-Customs Duty (N.T.), dated 08-06-2009

June 15, 2009 439 Views 0 comment Print

In exercise of the powers conferred by sub-rule (1) of Rule 3 of the Customs Tariff (Identification and Assessment of Safeguard Duty) Rules, 1997, and in supersession of notification of the Government of India in the Ministry of Finance (Department of Revenue) No.105/2008-Customs (N.T) issued vide G.S.R. No.631(E) dated the 2nd September, 2008, the Central Government hereby appoints Ms. Praveen Mahajan as Director General (Safeguard) for the purposes of the said Rules.

ICAI entering into domain of ICSI by setting up corporate affairs standards

June 15, 2009 1294 Views 0 comment Print

The accounting and auditing regulator, the Institute of Chartered Accountants of India (ICAI), is set to enter a new area, till now a domain of the Institute of Company Secretaries of India (ICSI), by setting up corporate affairs standards (CAS) on various areas of corporate law and practices. ICAI has already prepared three such standards […]

Section 53F of the Competition Act, 2002 – Term of Office of Chairperson and Members of Appellate Tribunal

June 15, 2009 633 Views 0 comment Print

NOTIFICATION NO S.O. 1404 (E),  DATED 04-06-2009 In exercise of the powers conferred by section 53C read with section 53F of the Competition Act, 2002 (12 of 2003), the Central Government hereby appoints Dr. Arijit Pasayat as Chairperson of the Competition Appellate Tribunal with effect from 20th May, 2009 for a period of five years […]

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