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Archive: 2013

Posts in 2013

ICSI Company Secretaries(CS) Course Complete Switchover to Online Registration From 01.01.2014

December 10, 2013 1490 Views 0 comment Print

With a view to provide efficient and any time service to students, the Institute has been leveraging information technology to provide these two services, namely, registration and enrollment, to students online.

Pre-deposits -Analysis of the third proviso to Section 74(1) of Delhi VAT Act 2003

December 10, 2013 3882 Views 0 comment Print

SUMIT AGARWAL B.Com(H), FCA,MBA,CFA Section 74 of the Delhi VAT Act, 2003 deals with filing of objections before the Commissioner  by any person who is dissatisfied with the order of an Assessment under the Act or any other order or decision made under this Act. However, such appeals can only be filed only against the […]

The Sexual Harassment of Women at Workplace Rules, 2013

December 9, 2013 131412 Views 6 comments Print

(1) These rules may be called the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Rules, 2013. (2) They shall come into force on the date of their publication in the Official Gazette.

Sexual Harassment of Women at Workplace Act, 2013 applicable from 09.12.2013

December 9, 2013 1527 Views 0 comment Print

Central Government appoints 9th day of December, 2013 as the date on which the provisions of Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 shall come into force. MINISTRY OF WOMEN AND CHILD DEVELOPMENT NOTIFICATION New Delhi, the 9th December, 2013 S.O. 3606(E).—In exerciae of the powers conferred by sub-section (3) […]

Banks Cannot Enter Into Operational Leases: ITAT Mumbai

December 8, 2013 1117 Views 0 comment Print

Banks undertaking equipment leasing departmentally should follow prudential accounting system and only the interest charge component should be recognised as income and the recovery of cost of asset should be carried to balance sheet on the form of provision of depreciation.

Return of the Ghost of Section 271(1) (c)

December 8, 2013 14429 Views 0 comment Print

Recently, Supreme Court in the case of MAK Data P. Ltd. vs CIT (C.A.No. 9772 of 2013) has pronounced the judgment in respect of section 271(1)(c), which has again raised the vexed issue of levy of penalty u/s 271(1)(c).

Service Tax Applicability on Tour Operators

December 8, 2013 84690 Views 23 comments Print

To understand the concept of Tour Operator first of all we have to clear that there is major difference between tour operator and Travel Agent Service. Tour Operator is wide term than Travel Agent.

Difficulties in effective implementation of the Service Tax Voluntary Compliance Encouragement Scheme, 2013

December 8, 2013 1484 Views 0 comment Print

As you are aware Service Tax Voluntary Compliance Encouragement Scheme, 2013 (STVCES), has been introduced by the Finance Act, 2013 to encourage and broaden the tax base in the Service Tax, wherein, the assessee having tax dues for the period beginning on or after 1.10.2007 and ending 31.12.2013 can declare the service tax liability to department on or before 31.12.2013.

Complete Switchover to Online Mode for Registration and Enrolment at ICSI from 1.1.2014

December 8, 2013 657 Views 0 comment Print

The ICSI, functioning under the aegis of the Ministry of Corporate Affairs, has decided to move fully to the online registration from 1st January 2014. Earlier, the Institute had moved to online enrolment for examination from 1st October 2013.

CBDT – Revision of Work Distribution in Foreign Tax and Tax Research Division

December 6, 2013 9837 Views 0 comment Print

In partial modification of the office order No. 4/2003 dated 28th August, 2003 and 26th October, 2009, the work distribution in the Foreign Tax and Tax Research (FT&TR) Division under the Central Board of Direct Taxes (CBDT) is revised as under:-

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