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Archive: June, 2013

Posts in June, 2013

Transfers & Postings of 48 Joint/Additional CITs (Mumbai)

June 22, 2013 4644 Views 0 comment Print

Chief Commissioner of Income-tax, Mumbai has vide Order No. 1 Dated 20.06.2013 made the transfer and posting of 48 officers in the grade of  Joint/ Additional Commissioners of Income-tax (Mumbai Region) with immediate effect unless specified otherwise :- Download Order No. 1 dated 20.06.2013

Sum paid in the course of Land Business & Forfeited by land owners allowable as Business expense

June 21, 2013 930 Views 0 comment Print

Assessing the legitimacy of Rs. 10 lakh written off by Zebina Real Estate Pvt. Ltd. Explore ITAT Delhi’s decision favoring the business expenditure claim.

SEBI Order in the matter of market manipulation using GDR issues

June 21, 2013 1704 Views 0 comment Print

SEBI had passed an ad interim ex-parte order dated September 21, 2011, in the matter of market manipulation using GDR issues against several entities including Shri Arun Panchariya(hereinafter referred to as AP) and Pan Asia Advisors Limited (now known as Global Finance and Capital Limited.

Practical Experience Of CA Sudhir Halakhandi – E-Filing Of Audit Report

June 21, 2013 19945 Views 0 comment Print

 1. CHARTERED ACCOUNTANT:- (i) Go to incometaxindiaefiling.gov.in and click on ‘REGISTER YOURSELF’ and select the option Tax professional – Chartered Accountant. The registration of chartered accountant is one time activity and the Registration form which is opened after selecting the option chartered accountant will require your Membership Number, enrolment date as CA, Name (Surname, First […]

Article On Introduction of New Audit Report Format By ICAI

June 21, 2013 27818 Views 2 comments Print

Revision in Form and Content of Auditor’s Report [SA 700 Revised)/SA 705/SA706] & Implementation of the same- Articles Discusses on the following Topics :- Extant Provisions Under Companies Act 1956 Applicability Of CARO With Respect To Audit Report Revision In Form And Content Of Auditors Report Implication On SA 700 (Revised) Auditors Report

Customs House Agents Licensing Regulations, 2013

June 21, 2013 4964 Views 0 comment Print

NOTIFICATION NO 65/2013 – Customs,(N.T.) (1) Before granting the licence under regulation 7, the Commissioner of Customs shall require the successful applicant to enter into the bond in Form D and where specified a surety bond in Form E for due observance of these regulations and furnish a bank guarantee, a postal security or National Saving Certificate in the name of Commissioner of Customs for an amount of five lakhs rupees for carrying out the business as Customs Broker.

Territorial Jurisdiction and Delegation of Powers under Profession Tax Act

June 21, 2013 1982 Views 0 comment Print

In exercise of the powers sub-section (1) of section 12 of the Maharashtra State Tax on Professions, Trades, Callings and Employments Act, 1975 (Mah. XVI of 1975), the Commissioner of Profession Tax, Maharashtra State, Mumbai hereby specifies the entire area comprised within the State or,

Delhi VAT – Last date for submission of information online in Form DP-1

June 20, 2013 2277 Views 0 comment Print

In partial modification of Notification No.F. 3(3 52)/Policy/VAT/20 13/231-241 dated 28.05.2013 regarding submission of information online in Form DP-1, I, Prashant Goyal, Commissioner, Value Added Tax, Government of National Capital Territory of Delhi, in exercise of the powers conferred on me by sub-section (1) read with sub­section

Transfer & Posting in the grade of CITs/DITs – Order No. 109 of 2013

June 20, 2013 2684 Views 0 comment Print

CBDT has vide Order No. 109 of 2013, Dated : 20/06/2013 has made Transfer & Posting in the grade of CITs/DITs of 13 Commissioners of Income tax. Download CBDT Order No. 109 of 2013, Dated : 20/06/2013

Customs – Drawback rates changed for Gold Jewellery Article

June 20, 2013 1020 Views 0 comment Print

In exercise of the powers conferred by sub – section (2) of section 75 of the Customs Act, 1962 (52 of 1962), sub – section (2) of section 37 of the Central Excise Act, 1944 (1 of 1944), and section 93A read

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