Clause 49 of The Real Estate (Regulation and Development) Bill, 2016 provides that the applicant or appellant under the bill may either appear in person or authorise one or more chartered accountants or company secretaries or cost accountants or legal practitioners or any of its officers to present his or its case before the Appellate Tribunal. […]
Clause wise Note on The Real Estate (Regulation And Development) Bill, 2016’ As Passed By Rajya sabha on 10.03.2016. Clause 1.—This clause relates to the short title, extent and commencement of the proposed legislation. Clause 2.—This clause contains the definitions of various expressions used in the proposed legislation. Clause 3.—This clause relates to the prior […]
Govt has proposed Changes in Section 185 and 186 vide Companies (Amendment) Bill, 2016 with following objects :- Companies (Amendment) Bill, 2016 seeks to amend section 185 of the Act to limit the prohibition on loans, advances, etc., to directors of the company or its holding company or any partner of such director or any […]
The Central Bureau of Investigation has today arrested a Chartered Accountant of Udaipur and a businessman / real estate developer of Jaipur, both private persons in an on-going investigation of a case relating to an alleged loss of Rs. 1000 Crore (approx) to Syndicate Bank.
It is clear that the AO did not apply his mind independently and went by the order of the CIT. It is a settled law that a quasi-judicial authority cannot afford to act on the direction and in the present case on the direction of a superior officer.
Section 150(2) enacts the situation where the provisions for assessment pursuant to appeal u/s 150(1) will not be applicable. Provisions of section 150(1) shall not apply where the reassessment proceedings would have been barred by time even at the time when the order, which was the subject-matter of appeal, revision, etc., was passed.
The assessee is engaged in the business of trading in shares. dividend income was earned by the assessee on the shares held as stock-in-trade. Assessing Officer made disallowance u/s. 14A r.w. Rule 8D of the Income Tax Rules, on the tax free income earned by the assessee.
Every registered dealer whose turnover during the preceding year as well as the expected turnover during the current year does not exceed fifty lakh rupees and who is not making any sales other than that of ready to eat foods and non-alcoholic beverages including cooked food, snacks, sweets, savouries, juices, aerated drinks, tea and coffee etc.
Whereas the Plastic Waste (Management and Handling) Rules, 2011 published vide notification number S.O 249(E), dated 4th February, 2011 by the Government of India in the erstwhile Ministry of Environment and Forests, as amended from time to time, provided a regulatory frame work for management of plastic waste generated in the country;
MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 18th March, 2016 G.S.R. 322(E).-In exercise of the powers conferred by section 128 of the Finance Act, 2015, 20 of 2015 the Government hereby makes the following rules, namely:- 1. Short title, extent and commencement.- (1) These rules may be called Senior Citizens’ Welfare […]
