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Archive: 12 May 2015

Posts in 12 May 2015

Mere Frequency of transactions in shares did not determine nature of transaction

May 12, 2015 1103 Views 0 comment Print

ITAT held in CIT( Kolkatta) Vs Merlin Holding Private Limited that it was the question of the fact to decide between the share income as an investment income or as a business income. Mere Frequency of the transactions in the shares did not determine the transaction to be business transaction or investment transaction.

Notification No. 40/2014-Customs (N.T.) Dated: 12/05/2014

May 12, 2015 388 Views 0 comment Print

The Contracting Parties shall meet as and when necessary in order to consider the operation of the present Agreement and in particular in order to consider measures to secure uniformity in the interpretation and application of the present Agreement.

Consolidated FDI Policy (Effective from May 12, 2015)

May 12, 2015 2353 Views 0 comment Print

Government of India Ministry of Commerce & Industry Department of Industrial Policy & Promotion Consolidated FDI Policy Circular of 2015 Subject: Consolidated FDI Policy The ‘Consolidated FDI Policy’ is attached. 2. This Circular will take effect from May 12, 2015. (Atul Chaturvedi) Joint Secretary to the Government of India D/o IPP F. No. 5(1)/2015-FC-1 Dated […]

Road Accident: SOP for hospitals, police etc. for Good Samaritans protection

May 12, 2015 958 Views 0 comment Print

(1) A bystander or good Samaritan including an eyewitness of a road accident may take an injured person to the nearest hospital, and the bystander or good Samaritan should be allowed to leave immediately except after furnishing address by the eyewitness only and no question shall be asked to such bystander or good Samaritan.

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