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In the instant case, Reiter India Pvt. Ltd. (Appellant) imported a consignment of Textile Machinery parts vide invoice no. 3506445/2000 dated May 10, 2011 valued at 997740.24 CHF vide Bill of Entry no. 3610581 dated May 25, 2011.
In the instant case, the Revenue alleged violation of conditions of duty-free import against Aurobindo Pharma Ltd. (Petitioner) and issued demand notice cum adjudication order (Impugned Demand) directing the Petitioner to pay Central Excise and Customs duties along
Commissioner Vs. Maruti Fabrics [(2014) 47 taxmann.com 298 (Gujarat)] In the instant case, Maruti Fabrics (the Assessee) clandestinely removed certain goods. Thereafter, the Assessee filed an application before the Settlement Commission (the SC) admitting the clandestine removal of goods. The SC sent back the case to the Adjudicating authority who relied upon the Assessee’s admission […]
Hon’ble Tribunal (SB) held in case of Merilyn Shipping & Transports and Hon’ble Allahabad High Court in case of Vector Shipping Services (P) Ltd. held that disallowance under Section 40(a)(ia) shall be made for the amount payable at the end of the year and not to the amount paid during the year.
Section-455 of Companies Act, 2013 talks about a New Provision Calls DORMANT Company. This concept was not there in Companies Act, 1956. Another Name of this concept by Professionals is ASSET SHIELDING CONCEPT UNDER COMPANIES ACT 2013.
CS Ankur Garg This Article contains the procedure for change in Object clause of the Company under Companies Act, 2013 with detailed documentation required.I hope this document would be of some help w.r.t. your professional working: Procedure for change in Object clause of the Company involves alteration in the Memorandum of Association (hereinafter referred to as […]
An Entrepreneur is an individual who chooses to go into business by himself. Often entrepreneur decide to stay a One Person to keep decisions and quality of work under control. The global changes given a chance to an individual to participate into economic activity and these activities may take place through the creation of an economic person by the company law.
Applications are invited from Partnership firms of Chartered Accountants (situated in Telangana & Andhra Pradesh) for carrying out Concurrent Audit on full time, contractual basis (renewable every year, at Bank’s discretion) at its selected Branches / Offices /Processing Centres situated in the State of Telangana and Andhra Pradesh, as under:
S.O. Whereas the Companies Act, 2013 (18 of 2013) (hereinafter referred to as the said Act) received the assent of the President on the 29th August, 2013 and section 143 of the Act, which provides for the powers and duties of the auditors and auditing standards, came into force with effect from 1st April, 2014;
Prime Minister’s National Relief Fund (PMNRF) was constituted in January, 1948 to assist displaced persons from Pakistan. The resources of the PMNRF are now utilized primarily to render immediate relief to the affected families of those killed/ injured in natural calamities like floods, cyclones and earthquakes, etc, or in the major accidents/ riots.. The fund is also utilized to provide financial assistance for medical treatment
