"07 December 2011" Archive

Cost Accounting Records (Telecommunication Industry) Rules, 2011

Notification No. G.S.R. 869(E) (07/12/2011)

Authentication of Annexure to the Compliance Report, – The Annexure to the compliance report shall be approved by the Board of Directors and certified by the Cost Accountant before submitting the same to the Central Government by the company....

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The Cost Accounting Records (Sugar Industry) Rules, 2011

Notification No. G.S.R. 872(E) (07/12/2011)

any investigation, legal proceeding or remedy in respect of any such right, privilege, obligation, liability, penalty, forfeiture or punishment as aforesaid, and; any such investigation, legal proceeding or remedy may be instituted, continued or enforced and any such penalty, forfeiture or punishment may be imposed as if those rules had n...

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Notification No.G.S.R. 868 – Income Tax Dated 7/12/2011

Notification No.G.S.R. 868 - Income Tax (07/12/2011)

Notification No.G.S.R. 868/2011 - Income Tax In exercise of the powers conferred by sub-section (3) of section 1 of the Government Savings Certificates Act, 1959 (46 of 1959), the Central Government hereby specifies that the National Savings Certificates-IX Issue shall be the class of Savings Certificates to which the said Act applies...

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Cost Accounting Records (Pharmaceutical Industry) Rules,2011

Notification No. G.S.R. 874(E) (07/12/2011)

every officer thereof who is in default, including the persons referred to in sub-section (6) of section 209 of the Act, shall be punishable as provided under sub-sections (5) and (7) of section 209 of Companies Act, 1956 (1 of 1956)....

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Cost Accounting Records (Petroleum Industry) Rules, 2011

Notification No. G.S.R. 870 (E) (07/12/2011)

any investigation, legal proceeding or remedy in respect of any such right, privilege, obligation, liability, penalty, forfeiture or punishment as aforesaid, and; any such investigation, legal proceeding or remedy may be instituted, continued or enforced and any such penalty, forfeiture or punishment may be imposed as if those rules had ...

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Cost Accounting Records (Fertilizer Industry) Rules, 2011

Notification No. G.S.R. 873(E) (07/12/2011)

any investigation, legal proceeding or remedy in respect of any such right, privilege, obligation, liability, penalty, forfeiture or punishment as aforesaid, and; any such investigation, legal proceeding or remedy may be instituted, continued or enforced and any such penalty, forfeiture or punishment may be imposed as if those rules had ...

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Cost Accounting Records (Electricity Industry) Rules, 2011

Notificatiojn No. G.S.R. 871(E) (07/12/2012)

Authentication of Annexure to the Compliance Report, – The Annexure to the compliance report shall be approved by the Board of Directors and certified by the Cost Accountant before submitting the same to the Central Government by the company....

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Gratuity Payable only if employee put in 5 years of service – HC

R.K.V. Govindaraj Vs V. Chellaiah (Madras High Court)

The first respondent filed a claim petition before the second respondent seeking payment of gratuity for the period, which he has rendered services to the petitioner's lorry transport, from 01.04.1991 to 19.04.2007, on which date he had voluntarily stopped himself from services. He claimed gratuity for a period of 10 years and a monthly s...

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Transaction cannot be treated as Bogus merely for being a Off market transaction

Asst. Commissioner of  I.T. Vs. Shri Ravindrakumar Toshniwal (ITAT Mumbai)

ACIT Vs. Shri Ravindrakumar Toshniwal (ITAT Mumbai)- - Tribunal in the case of Mukesh R. Marolia wherein it has been held that off market transaction is not a unlawful activity and there is no relevance in seeking details of share transaction from stock exchange when the sale was not on stock exchange and relying upon it for making addi...

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Small Savings to Fetch Better Returns

Based on the recommendations of Committee for Comprehensive Review of National Small Savings Fund, Central Government had recently issued two notifications on 25th and 29th November, 2011 which come into force from December 1,2011. The new savings regime offer better returns than ever and compared to other investments, offer adequate post...

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