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Archive: 21 April 2015

Posts in 21 April 2015

Webinar on Critical Issues in Faceless Assessments under Income Tax Act, 1961

February 14, 2025 3750 Views 0 comment Print

Join our webinar on Faceless Tax Assessments under the Income Tax Act, 1961. Learn concepts, challenges, and solutions from expert CA Hari Agarwal, FCA.

IRDAI (Appointment of Insurance Agents) Guidelines, 2015- Instructions to Insurers

April 21, 2015 3043 Views 0 comment Print

INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA IRDA/AGTS/CIR/GLD/081/04/2015, Dated- 21.04.2015 All Insurers: Re: IRDAI (Appointment of Insurance Agents) Guidelines, 2015- Instructions to Insurers. This circular is in continuation to the Guidelines on Appointment of Insurance Agents 2015 issued by the Authority vide notification dated 16.03.2015 and instructions issued vide Circular Number IRDA/ AGTS/ GDL/ CIR/ […]

Leave Travel Concession (LTC) entitlements of unmarried Government servants

April 21, 2015 1676 Views 0 comment Print

Leave Travel Concession (LTC) entitlements of unmarried Government servants – Conversion of Home Town LTC facility into travel to different parts of the country permissible under the special dispensation scheme – Clarification – regarding.

Inter-se Transfer of Shares/Voting Rights under SEBI Regulations

April 21, 2015 25163 Views 1 comment Print

Acquisition Of Shares Or Voting Rights Pursuant To Inter-Se Transfer Among Qualifying Parties Under SEBI (Substantial Acquisition Of Shares And Takeover) Regulations, 2011-According to Regulation 10(1) (a), acquisition pursuant to inter se transfer of shares among the qualifying parties are exempted from the obligation to make an open offer under regulation 3 and regulation 4.

Comparison b/w a Private & Public Ltd Company under CA, 2013

April 21, 2015 154799 Views 10 comments Print

The Companies Act of 2013 has done away with the relaxation to private companies in several provisions. The concept of not applicable to private company is no more in existence in the Act of 2013. Such a move in the Companies Act of 2013 has taken away certain privileges enjoyed by private companies.

Wait is over!! CARO 2015 Notified, but should it be more comprehensive??

April 21, 2015 8115 Views 0 comment Print

MCA has notified the Companies (Auditor’s Report) Order, 2015 (CARO, 2015) on 10th April, 2015. There was a lot of debate amongst professionals as to whether CARO will be applicable for the audit of the financial year 2014- 15. MCA has finally ended the debates by notifying CARO.

SEBI : Notification- Designation of Special Court for Securities Laws in Mumbai | Date of Notification April 21, 2015

April 21, 2015 1918 Views 0 comment Print

In exercise of the power conferred by Section 26A of the Securities and Exchange Board of India Act, 1992, Section 26A of the Securities Contracts (Regulation) Act, 1956 and Section 22C of the Depositories Act, 1996, the Central Government hereby designates 39th Sessions Court, City Civil Court, Greater Mumbai as the Special Court under aforesaid Acts

Uses, Relevance & Importance of Common Seal- Companies Act, 2013

April 21, 2015 135013 Views 7 comments Print

As we all know that a Company being an artificial person does not have a physical presence, it acts through its Board of Directors for carrying out its activities and for entering into various agreements. Therefore, Company uses Common Seal as its Signature. Common Seal is the signature of the company to any document on which it is affixed and binds the company for all obligations undertaken in the document.

SEBI : (Employees’ Service) (Second Amendment) Regulations, 2015

April 21, 2015 517 Views 0 comment Print

Every employee shall make a declaration of his assets and liabilities as under,- every employee, within thirty days from the date of joining the services of the Board shall furnish to the Board, information as per sub-section (2) of section 44 of the Lokpal and Lokayuktas Act, 2013.

ITAT justified in extending period of stay of demand beyond 365 days in case hearing could not be taken up for reason not attributable to assessee

April 21, 2015 1103 Views 0 comment Print

The petitioner has filed an appeal being ITA No.825/Del/2014 before the Income Tax Appellate Tribunal being aggrieved by the order passed by the Dispute Resolution Panel on 31.10.2013. The Tribunal, at the initial stage, that is, on 31.03.2014, had granted stay of the demand which had been raised subsequent to the said order

Authority for sanction and disbursement of drawback claims on supplies made by DTA units to units located in SEZ

April 21, 2015 2850 Views 0 comment Print

Attention of all Custom House Agents, Importers, Exporters, Shipping Agents, Members of Regional Advisory Committees and Members of the Trade is invited to the above mentioned subject for sanction and disbursement of drawback claims made against supplies made by DTA units to units in SEZ.

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