Newly inserted Section 80CCG provides deduction wef assessment year 2013-14 in respect of investment made under notified equity saving scheme. The deduction under this section is available if following conditions are satisfied:
The Supreme Court, in a recent case of M/s. Anmol Mishra V/s. Government of India, upheld the powers of Central Excise officers to issue summons for recording evidence during investigations.
Finance Bill, 2012 – No provision was proposed in Finance Bill, 2012 to exempt the income of Prasar Bharati. Finance Bill, 2012 as passed by Lok Sabha – A new clause (23BBH) shall be inserted in Section 10 to exempt the income.
The Ministry is in process of integration of LLP system into MCA-21 in the month of June 2012 by allowing filing & approval of LLP forms at MCA-21 website (www.mca.gov.in) for better e-governance facility for stakeholders, by making necessary changes in e-forms. On post integration, old e-forms of the existing LLP system lying in “Pending User Clarification” (PUCL) status cannot be re-opened.
It has been decided by the Ministry of Corporate Affairs to mandate the cost auditors and the companies to file Cost Audit Reports (Form-I) and Compliance Reports (Form-A) for the year 2011-12 onwards (including the overdue reports relating to any previous year) in XBRL mode.
In the counter affidavit filed by the respondent No.2/SOL, it is stated that the student is not entitled to any relief in the present petition for the reason that as per the rules of the respondent No.2/SOL contained in the prospectus, only a bonafide student of a college is entitled to migration to SOL and admittedly, the student had paid her regular fee with I.P. College upto April, 2011 and not thereafter and resultantly, on the date when she had sought migration, she was not a bonafide student enrolled with any college and, therefore, she could not be considered for purposes of migration to the respondent No.2/SOL. In support of the aforesaid averments, a copy of the prospectus of SOL for the academic year 2011-12 with regard to migration/direct admission is enclosed with the counter affidavit as Annexure R-1.
After investigation, chargesheet has been filed against the petitioner and others under Sections 177, 181, 182 and 195 IPC. The petitioner has suppressed the material fact and has not disclosed anywhere in this petition that he had approached the High Court under Section 482 Cr.P.C. for quashing of the chargesheet, which stood rejected vide order dated 3.2.2010 and the said order attained finality as has not been challenged any further.
The Government of Maharashtra VAT Department has displayed the periodicity for the Financial Year 2011-2012 on their website http://mahavat.gov.in under Know your TIN. To view the same – Go to http://mahavat.gov.in Click on Dealer Services. Drop Down with 3 options will open. Click on Second Option Know Your TIN.
In accordance with amended para 69 (under para 83 of Employees’ Provident Fund Scheme, 1952), an International Worker is allowed to withdraw the full amount standing to his credit in the fund: • on retirement from service in the establishment at any time after attaining the age of 58 years;
The Minimum Wages Act, 1948 does not contain any provision for discrimination between men and women workers. All the provisions of the Act equally apply to both men and women workers. In other words, female workers working in any scheduled employment including agriculture sector are entitled for same wages as fixed by the appropriate Governments for their male counterparts.
