Q.1 What is NDS-OM? Ans. NDS-OM is a screen based electronic anonymous order matching system for secondary market trading in Government securities owned by RBI. Presently the membership of the system is open to entities like Banks, Primary Dealers, Insurance Companies, Mutual Funds etc. i.e entities who maintain SGL accounts with RBI. These are Primary […]
The principal notification No.64/95-Central Excise, dated the 16th March, 1995 was published in the Gazette of India, Extraordinary, vide number G.S.R. 256(E), dated the 16th March, 1995 and was last amended vide notification No. 6/2012- Central Excise, dated the 17th March, 2012, which was published in the Gazette of India, Extraordinary, vide number G.S.R. 157(E), dated the 17th March, 2012.
Notification No. 57/2012-Customs Machinery, equipment, instruments, components, spares, jigs, fixtures, dies, tools, accessories, computer software, raw materials and consumables required for the Long Range Surface to Air Missile (LR-SAM) Programme of Ministry of Defence
What is reverse charge: Before jumping to the reverse charge mechanism in works contract service, it is important to understand what is reverse charge. Normally service tax is payable by the service provider after charging/collecting the same from the service receiver.
Kindly note that all eligible companies may file their financial statements (based upon new Schedule VI) in XBRL till 15th November, 2012 or within 30 days from date of its AGM, whichever is later, without any additional fees. For further details, visit MCA website www.mca.gov.in
OECD has issued a report outlining areas that are critical to India’s long-term economic performance and social development: financial sector, competition, regulation, innovation, infrastructure, energy efficiency, green growth, poverty reduction, employment, education and health.
It is also a fact that the assessing officer initiated the recovery proceedings without passing any order on the stay application of the assessee. It is also a fact that the recovery proceedings under S. 220(6) were initiated without attending to or expressly rejecting the stay application filed by the assessee before the assessing officer. In our opinion, this approach is certainly not appreciated.
Vide Order No. 193 of 2012 dated 17.10.2012, the CBDT has ordered that several IRS officers in the grade of ACITs be promoted to the grade of DCITs
Notification No. F. 7/9/2008-NS.II (Vol. II)-Income Tax In pursuance of clause (b) of paragraph 2 of the Public Provident Fund Scheme, 1968 published under the Government of India, Ministry of Finance, Department of Economic Affair’s notification number G.S.R. 1136, dated the 15th June, 1968, the Central Government hereby authorises the following 186 additional branches of Allahabad Bank to receive, with immediate effect,
The statutory provision of section 92CA does provide for an approval by the Commissioner and the original record produced before this Court establishes that there was an approval by the Commissioner in the matter of reference to the Transfer Pricing Officer. In the instant case, the impugned order has been passed by (Additional Commissioner) an authority who is jurisdictionally competent to pass such an order and it can never be said that the order passed by him without jurisdiction.
