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Archive: August, 2011

Posts in August, 2011

SFIO investigates 33 cases in last 3 years and Competition Appellate Tribuanl (CAT) receives 36 appeals against decisions of CCI

August 11, 2011 570 Views 0 comment Print

The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Rajya Sabha that 33 cases have been investigated by SFIO during the last 3 years i.e. 2008-09, 2009-10, 2010-11 and 2011-12 (till date 05.08.2011). The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Rajya Sabha since its inception on 20th May, 2009, the Competition Appellate Tribunal (CAT) has received 36 appeals against decisions of the Competition Commission of India. CAT functions out of New Delhi and has no benches outside.

Govt to Disinvest 10% paid up equity of National Buildings Construction Corporation Limited

August 11, 2011 612 Views 0 comment Print

The Union Cabinet today gave its approval for divestment of 10% of total paid up equity of National Buildings Construction Corporation Ltd. (NBCC) out of its holding through Initial Public Offering (IPO) in the domestic market. The Government of India holds 100% of the equity in the Company. This will lead to NBCC listing its shares in the Stock Exchanges. A portion of the shares to be offered for sale through IPO shall be reserved for the employees of the Company.

Notification No. 87/2011 – Income Tax Dated 11/8/2011

August 11, 2011 570 Views 0 comment Print

NC Notification No. 87/2011 – Income Tax Whereas by Notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O.844(E), dated the 17th October 1995 issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 4 for Venu Eye Institute and Research Centre at Sheikh Sarai

Notification No.86/2011 – Income Tax Dated 11-8-2011

August 11, 2011 567 Views 0 comment Print

NC Notification No.86/2011 – Income Tax Section 35AC, Read With Explanation (B) Thereto, Of the Income-Tax Act, 1961 – Eligible Projects Or Schemes, Expenditure On – Notified Eligible Projects Or Schemes – Iskcon Food Relief Foundation, Mumbai. Notification No.86/2011[F.No.V-27015/3/2011-So(Nat.Com]/S.O.1865(E), Dated 11-8-2011

Notification No.85/2011 – Income Tax Dated 11-8-2011

August 11, 2011 507 Views 0 comment Print

Notification No.85/2011 – Income Tax Section 35AC, Read With Explanation (B) Thereto, Of The Income-Tax Act, 1961 – Eligible Projects Or Schemes, Expenditure On – Notified Eligible Projects Or Schemes – V.R. Deshpande Memorial Trust, Tamilnadu.

Notification No. 84/2011 – Income Tax Dated-11-8-2011

August 11, 2011 871 Views 0 comment Print

Notification No. 84/2011 – Income Tax Section 35AC, Read With Explanation (B) Thereto, Of The Income-Tax Act, 1961 – Eligible Projects Or Schemes, Expenditure On – Notified Eligible Projects Or Schemes – Kalgidhar Society, Himachal Pradesh.

Notification No.83/2011 – Income Tax Dated 11-8-2011

August 11, 2011 540 Views 0 comment Print

Notification No.83/2011 – Income Tax Section 35ac, Read With Explanation (B) Thereto, Of The Income-Tax Act, 1961 – Eligible Projects Or Schemes, Expenditure On – Notified Eligible Projects Or Schemes – Vidyarambam Trust, Chennai Notification No.83/2011[F.No.V-27015/3/2011-So(Nat.Com]/S.O.1862(E), Dated 11-8-2011

Notification No. 82/2011 – Income Tax Dated 11/8/2011

August 11, 2011 555 Views 0 comment Print

Notification No. 82/2011 – Income Tax Section 35AC, Read With Explanation (B) Thereto, Of The Income-Tax Act, 1961 – Eligible Projects Or Schemes, Expenditure On – Notified Eligible Projects Or Schemes – John Daycare & Boarding For Senior Citizens Association, New Delhi.

Sikkim HC upheld conviction of EX- Chief Minister of Sikkim

August 11, 2011 756 Views 0 comment Print

The Hon’ble Sikkim High Court has upheld the conviction of Shri Nar Bahadur Bhandari, the then Chief Minister of Sikkim, Shri P.K. Pradhan (IAS), the then Secretary, Rural Development Deptt., Govt. of Sikkim and others U/s 120(B) IPC and Section 5(1)(d) of Prevention of Corruption Act, 1947. However, the sentence of simple imprisonment of six months passed by the trial court has been reduced to one month with a fine of Rs 5000/- as more then 27 years have passed since the commission of the offence and during the interregnum, the appellant had no doubt suffered in body and mind. While against the other accused, the sentence of imprisonment was set aside and sentence of payment of fine remained unaltered. Sentence against 4 of the private parties was set aside.

RTI -Students have right to inspect Answersheets – SC

August 11, 2011 3325 Views 0 comment Print

The Ho’ble Supreme Court held that students have the right to inspect and photocopy their answer sheets after their evaluation under the Right To Information (RTI) Act. The apex court bench of Justice R.V. Raveendran and Justice A.K. Patnaik allowed the disclosure of the answer sheets of the examination conducted by boards, universities, institutions and public service commissions, when it upheld the Calcutta High Court judgment that permitted the students to inspect their answer sheets.

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