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Archive: 20 April 2012

Posts in 20 April 2012

ICAI – Check Status of Refund of Excess Exam Fee

April 20, 2012 2167 Views 0 comment Print

It is seen that some of the candidates who had applied online, for May 2012 exam had paid exam fee online more than once, on account of failure in electronic transmission, lost transaction (after payment), card related problems etc. Such online multiple payments received from the candidates have already been processed for the credit of the account from where the payment originated.

TRAI Mandates one tariff plan on Per Second Billing basis

April 20, 2012 961 Views 0 comment Print

In order to ensure that ‗per second billing‘ remains an assured alternative option for all subscribers, it has been decided to mandate that all service providers shall offer at least one pre-paid and one post-paid tariff plan with the pulse rate of one second for local and national long distance calls. The service providers will be at liberty to offer alternative tariff plans with any pulse rate within the overall ceiling of 25 tariff plans.

Advisory services is technical services under Article 13.4 of India-French DTAC

April 20, 2012 1140 Views 0 comment Print

As regards consultancy services, the question is whether such services are made available in the context of the DTAC between India and France read with the DTAC between India and US relied on by the applicant. It is seen that the advice and assistance rendered by the French Company to the applicant are not transient in nature and are capable of being used by the applicant on its own. It is true that some of the consultancy services rendered may not have that quality of permanency and may be a one time assistance, but advice on business strategy, on general management, on marketing and commercial matters,

Critical issues under SARFAESI Act, 2002?

April 20, 2012 13675 Views 0 comment Print

It is always welcome to enable the Banks to recover their dues using the provisions of SARFAESI Act, 2002. It is known that it is very difficult for the Banks to approach Civil Court asking for a decree and getting that decree executed. With the intention of enabling the Banks to reduce their NPAs through faster recovery of dues, ‘The Recovery of Debts Due to Banks and Financial Institutions Act, 1993’ was enacted.

Due date for uploading of MVAT Returns

April 20, 2012 10084 Views 0 comment Print

The Payment date for Quarter or month ending March 2012, is 21st April, 2012 and for Six-month ending March 2012 is 30th April, 2012. The Return due date for the dealers who are liable to file VAT Audit and the non-audit dealers who have opted for composition (other than works contractors and mandap decorators) covered by Section 42(1), 42(2) and 42(3A), meaning the dealers who are NOT liable to file e-Annexure newly prescribed –

SEBI Amendment to the Consent Circular dated 20th April 2007

April 20, 2012 393 Views 0 comment Print

SEBI had issued Circular No.EFD/ED/Cir.-01/2007 dated 20th April 2007, providing the framework for passing of consent orders and for considering requests for composition of offences. On the basis of the experience gained and with the purpose of providing more clarity on its scope and applicability, the circular has been modified.

Amendment in Notification No.12/97-Customs (N.T.) Dated: 02.04.1997

April 20, 2012 771 Views 0 comment Print

Notification No. 34/2012 – Customs (N.T.) Central Board of Excise and Customs, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 12/97-Customs (N.T.), dated the 2nd April, 1997, published in the Gazette of India, vide number G.S.R. 193(E), dated the 2nd April, 1997, namely:-

Enhancement in Refinancing limit for Power Sector & ECB for Maintenance & Operation of Toll systems for Roads and Highways

April 20, 2012 661 Views 0 comment Print

Indian companies in the power sector will be allowed to utilise 40 per cent of the fresh ECB raised towards refinancing of the Rupee loan/s availed by them from the domestic banking system, under the approval route, subject to the condition that at least 60 per cent of the fresh ECB proposed to be raised should be utilised for fresh capital expenditure for infrastructure project(s). All other terms and conditions relating to refinancing of Rupee loans mentioned in A.P. (DIR Series) Circular No. 25 dated September 23, 2011 remain unchanged.

EOI For Setting up State Medical & Health Infrastructure Development & Procurement Corporation

April 20, 2012 603 Views 0 comment Print

The Department of Health, Medical Education & Family Welfare invites Expression of Interest (E.O.I) from firms of Chartered Accountants empanelled with Comptroller & Auditor General (C&AG) of India and which meet all the conditions in the eligibility criteria listed below for setting up State Medical & Health Infrastructure Development & Procurement Corporation and making it functional. The details of the assignments expected to be:

Empanelment with Zilla Parishad Jhunjhunu & Sawaimadhopur

April 20, 2012 2084 Views 0 comment Print

Zilla Parishad Jhunjhunu & Sawaimadhopur Last Date : 30/04/2012 Providing of Chartered accountant services for Audit work . Address: Zilla Parishad Jhunjhunu Rajasthan India

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April 2012