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Archive: 28 July 2012

Posts in 28 July 2012

Admission Notice for Company Secretaries Executive Programme

July 28, 2012 814 Views 0 comment Print

In a Press Release the Institute has made it clear that Graduates seeking admission till 31st August, 2012 will be eligible for Examination in June 2013. B.A / B.Sc / B.Com/ Graduates of any discipline (excluding Fine Arts) can pursue the CS EXECUTIVE PROGRAMME conducted by the Institute of Company Secretaries of India (ICSI). CS Helpline is available on Telephone No. 011 – 41504444, 45341076 & 45341077 (Delhi).

Rebate u/s. 88E is to be allowed from tax computed u/s. 115JB

July 28, 2012 8532 Views 0 comment Print

Rebate under section 88E was to be allowed from the tax computed as per provisions of section 115JB to find out whether after set off of rebate under section 88E, any tax liability remained or not. Admittedly the tax liability as per MAT provisions was Rs.7,56,694/- and rebate admissible under section 88E was Rs.26,98,260/-. Therefore, in any view of the matter, no prejudice was caused to the revenue by non-consideration of provisions of section 115JB by Assessing Officer. Therefore, ld. CIT’s order cannot be sustained.

Court jails two excise official in bribery case

July 28, 2012 390 Views 0 comment Print

The Special Judge for CBI Cases, Jabalpur has convicted Shri B.C. Ekka, the then Superintendent & Shri M.K. Singh, the then Excise Inspector, both working in the office of Asstt. Commissioner, Customs & Central Excise, Jabalpur and sentenced them to undergo two years rigorous imprisonment with fine of Rs. 11,000/- in a bribery case.

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