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Join our free webinar on July 7 at 5 PM for insights into 10 recent High Court income tax judgments favoring assessees. Expert analysis by CA Dipak Dama.
It has been noticed that the average person talks to himself or herself about 50 times in a day and that self-talk about him or her is 90% on negative things. These mind talk creates a powerful effect on us and on our attitude. This called the psychological behavior which acts as a motivator within us.
NABARD undertakes the entire exercise of identifying suitable audit firms for appointment as auditors in RRBs .Terms and conditions of such appointed auditors are also recommended by NABARD after an approval from the finance ministry.
The main amendment included in this is the stipulation that the offence of rejection/return of cheque u/s 138 of NI Act will be enquired into and tried only by a Court within whose local jurisdiction the bank branch of the payee, where the payee presents the cheque for payment is situated.
In the case of V. M. Salgaocar & Brother Pvt. Ltd vs. The Asst. Commissioner of Income Tax, Goa High Court has held that deduction u/s 80HHC is to be allowed to the extent of gross total income and not to the extent of business profit only.
Notification No. 16/2015-Customs (ADD) Central Government hereby makes the following amendments in the notification of the Government of India, in the Ministry of Finance (Department of Revenue), No. 36/2011- Customs, dated the 18th April, 2011, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 328 (E), dated 18th April, 2011, namely: –
Calcutta High Court held In the case of CIT vs. M/s Kamarhatty Company Ltd. that the views expressed by the tribunal are as per law. Assessee has made the gratuity provision in respect of employees who have already retired.
In exercise of the powers conferred by sub-sections (1) and (5) of section 9A of the Customs Tariff Act and in pursuance of rule 23 of the said rules, the Central Government hereby makes the following further amendment in the notification of the Government of India, in the Ministry of Finance (Department of Revenue), No. 6/2011- Customs, dated the 7th February, 2011, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 69 (E), dated 7th February, 2011, namely: –
Reverse and Partial Reverse Mechanism Chart with effect from 01.04.2015 and The extent of service tax payable thereon by the person who provides the service and any other person liable for paying service tax for the taxable services
The Commercial Division and Commercial Appellate Division of High Courts and Commercial Bill, 2015 The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has approved, while taking into consideration the Law Commission’s recommendations, to introduce a Bill namely, “The Commercial Division and Commercial Appellate Division of High Courts and Commercial Courts Bill, 2015” […]
The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has approved the introduction of Amendment to the Juvenile Justice (Care and Protection of Children) Bill 2014. The amendments to the draft Bill strike a fine balance between the demands of the stakeholders asking for continued protection of rights of juveniles and the popular […]
