Just when The Institute of Chartered Accountants of India (ICAI) probes allegations of fraud against auditors of Pricewaterhouse in the Satyam and Global Trust Bank (GTB) cases, an auditor from the firm who was part of both the audits continues to sit on the all-important council of the accounting regulator, raising many eyebrows. According to […]
The cases of appointment of administrators in co-operative housing societies are increasing.Generally the Deputy/Assistant Registrar of co-operative societies (“the Registrar”) appoints an administrator upon complaint(s) from member(s) of the society, if he finds that it is a fit case to expell the managing committee of the society. Such an action, may invite mixed reactions from […]
HYDERABAD: Fraud-hit Satyam Computer Services Ltd’s new board has appointed KPMG and Deloitte as the company’s new auditors, replacing PricewaterhouseCoopers, two newly appointed members of the board said on Wednesday.”Yes, they have been appointed,” said Deepak Parekh.
(1) S. 292BB, inserted by the F.A. 2008 w.e.f. 01.04.2008, creates a legal fiction and takes away the right of an assessee to claim that in case of invalid notice the whole proceedings taken pursuant to that notice would be void ab initio and will have no legal consequences; (2) However, the rule of interpretation of statutes is that a provision creating a new disability or obligation and imposing a new duty in respect of completed transactions cannot be construed to be retrospective;
In exercise of powers conferred under Paragraph 2.4 of the Foreign Trade Policy 2004-09, the Director General of Foreign Trade hereby makes the following amendments in Handbook of Procedures.
NEW DELHI, DATED THE 14th January, 2009 In exercise of powers conferred under Paragraph 2.4 of the Foreign Trade Policy 2004-09, the Director General of Foreign Trade hereby makes the following amendments in Handbook of Procedures, Vol. I RE2008.
In exercise of powers conferred by Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with paragraph 2.1 of the Foreign Trade Policy – 2004-09, the Central Government hereby amends Schedule – I (Imports) of the ITC(HS).
For exports of special products / sectors, the duty credit scrip under this scheme shall be 2.5% of FOB value of exports; and such products / sectors, along with their linked markets, and admissible date of exports, shall be notified in Table 12 of Appendix 37D of HBPv1.
S.O. 143(E) Declaration of M/s India Infrastructure Finance Company Limited as a Public Financial Institution under section 4A of the Companies Act, 1956
The principal notification was published vide number S.O. 1270(E), dated the 30th May, 2008 and subsequently amended vide number S.O. 2266 (E), dated the 25th September, 2008.
