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Archive: 28 January 2015

Posts in 28 January 2015

Notification No. 14/2015-Customs (N.T.) Dated: 28/01/2015

January 28, 2015 718 Views 0 comment Print

In exercise of the powers conferred by clause (a) of section 7 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs, hereby makes the following further amendments in the Notification of the Govt

Regarding extension of time to repay deposits by Companies

January 28, 2015 1937 Views 0 comment Print

F. No. 10/36/2001-CLB Dated 28th January, 2015 Before submitting an application under sub- section (2) of section 74 of the Companies Act. 2013, the company shall publish a general notice in two leading English daily newspapers and in a newspaper published in the language of the region having wide circulation in the region in which the Registered office of the company is situated in the manner specified in Form No. 8 in Annexure II.

CA IPCC Nov 14 Exam result on 4th February, 2015

January 28, 2015 3258 Views 0 comment Print

The result of the Chartered Accountants Intermediate (Integrated ProfessionalCompetence) Examination held in November, 2014 is likely to be declared on Wednesday,the 4th February, 2015 around 4.00 P.M. and the same as well as the merit list(candidates securing a minimum of 55% and above marks and upto the maximum of 50thRank on all India basis will be available on the following website:

No Anti-Dumping Duty can be collected on Acrylonitrile Butadiene beyond validity period

January 28, 2015 1367 Views 0 comment Print

From a plain reading of this provision it is evident that definitive/final anti-dumping duty can be collected only for a period of five years from the date of its imposition. Generally by virtue of sub-section (2) of section 9A of the Customs tariff Act, 1975, the anti-dumping duty levied in pursuance of final findings of the Directorate General of Anti-Dumping and Allied Duties (DGAD)

Service tax on Renting of Building for Hotel

January 28, 2015 8418 Views 0 comment Print

Jai Mahal Hotels (P.) Ltd. (the Appellant) entered into a joint venture agreement dated August 28, 1985 with Indian Hotels Company Limited (IHCL) for running hotel business at immovable property owned by the Appellant.

Predictions for Indian Life Insurance Sector in 2015

January 28, 2015 2510 Views 0 comment Print

The dawn of a new year is upon us, and as usual, the contemplation of the year that was, and hopes for the year that will be are in full swing. When considering the competitive, thus lucrative Indian life insurance market, the emerging trends for 2015 are very encouraging.

Investing with a balanced perspective

January 28, 2015 1103 Views 0 comment Print

People, in common parlance, may perceive the word Investment differently. To some it may mean having Insurance policies, to some it may mean investing in Equity and Mutual Funds, to some it may mean having fixed income instruments etc. in their portfolio. However, the word Investment is very broad in its meaning and implication. Taking […]

A Loophole for Giants -FlipKart, Amazon & Snapdeal – A New Study

January 28, 2015 10087 Views 0 comment Print

Three days ago, the big giants like Flipkart, Amazon received a serious threat from the Maharashtra Government itself. Some leaders of Swadeshi Jagran Manch (SJM) which is an economic policy front of RSS had met the Finance minister Arun Jaitley and sought a ban on ecommerce portals as they are killing the domestic business.

Clarification on Rotation of Auditor

January 28, 2015 73239 Views 12 comments Print

Listed company or all unlisted public companies having paid up share capital of Rs. 10 crore or more, all private limited companies having paid up share capital of Rs. 20 crore or more, all companies having public borrowings from financial institutions, banks or public deposits of Rs. 50 fifty crores or more shall not appoint or re-appoint an individual as auditor for more than one term of 5 consecutive Years

Indian Banks need to be capitalised!

January 28, 2015 1213 Views 0 comment Print

CA Parth B. Talsania What is the best investment choice for the ordinary investor? There is palpable disappointment when the answer is: there is no such choice. Everything is risky from taking the road to choosing a partner. Risk, return and diversification are fundamental ideas that each investor has to learn, without protesting about entitlements. […]

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