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Archive: 20 September 2013

Posts in 20 September 2013

Highlights of 98 Sections Of Companies Act, 2013 Notified On 12.09.2013

September 20, 2013 38650 Views 0 comment Print

The Ministry of Corporate Affairs has notified 98 sections of the new Companies Act, 2013. These sections have come into effect from 12th September 2013. Subsequent to coming into effect of these Sections under the new Act, the corresponding Sections under the Companies Act, 1956 automatically stand repealed.

Recent Clarification on Arrest & Bail, Education Services and Ad-hoc Exemption for Service Tax in Uttarakhand

September 20, 2013 636 Views 0 comment Print

We are sharing with you some of the important recent clarifications issued by the Board on following points: Arrest and Bail under the Service Tax The Board vide Circular No.171/6/2013-Service Tax, Dated: September 17, 2013 has released the guidelines for arrest and bail in relation to offences punishable under the Finance Act, 1994 (Service Tax) […]

Removal of Geo-Chem Far East Pte Ltd., from the list of Inspection and Certification Agencies (Appendix 5)

September 20, 2013 474 Views 0 comment Print

In exercise of powers conferred under paragraph 2.4 of the Foreign Trade Policy, 2009-2014, the Director General of Foreign Trade hereby makes the following amendment in Appendix-5 (List of Inspection and Certification Agencies) of Handbook of Procedures Vol. I (Appendices and Aayaat Niryaat Forms) 2009-2014.

MCA invites Suggestions on Draft Rules under Companies Act 2013 – 2nd Phase

September 20, 2013 3363 Views 0 comment Print

The draft Rules for following 9 chapters under the Companies Act 2013 is made live for public comments in 2nd phase. The last date of receiving comments on these rules is 19/10/2013: Chapter III – Prospectus and Allotment of Securities Chapter IV – Shares Capital and Debentures Chapter VII – Management and Administration

Amendment in DTAA with Australia

September 20, 2013 2774 Views 0 comment Print

Notification No. 74/2013 – Income Tax Desiring to amend the Agreement between the Government of the Republic of India and the Government of Australia for the avoidance of double taxation, and the prevention of fiscal evasion

Extension of time limit for assessment by a public notice on the website is not valid

September 20, 2013 2414 Views 0 comment Print

Punjab VAT Tribunal in Olam Agro India Limited vs State of Punjab (2013) 21 STM 128 has held that extension of time limit u/s 29 of Punjab VAT Act, 2005 from 3 years to 6 years, for making assessment of a person, by giving a public notice on the website of the department, is not […]

Fin Sec – No Creation of new posts; no filling up of posts vacant for more than year

September 20, 2013 643 Views 0 comment Print

No.7(2)/E.Coord/2013 Ministry of Finance Department of Expenditure New Delhi, the 18th September, 2013 OFFICE MEMORANDUM Sub: Expenditure Management – Economy Measures and Rationalization of Expenditure. Ministry of Finance, Department of Expenditure has been issuing austerity instructions from time to time with a view to containing non-developmental expenditure and releasing additional resources for priority schemes. The […]

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