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Archive: 06 April 2016

Posts in 06 April 2016

Live Course on Appeal, Pleading & Drafting under GST by CA Sachin Jain

May 15, 2024 7179 Views 0 comment Print

oin us for an immersive live course led by renowned expert CA Sachin Jain, as we delve into the intricacies of appeal, pleading, and drafting under GST.

Debts Recovery Tribunal (Procedure) Amendment Rules, 2016

April 6, 2016 7717 Views 0 comment Print

1. (1) These rules may be called the Debts Recovery Tribunal (Procedure) Amendment Rules, 2016. (2) They shall come into force on the date of their publication in the Official Gazette. 2. In the Debts Recovery Tribunal (Procedure) Rules, 1993, in rule 19, for the word Saturdays, the words second Saturday of a month may be substituted.

Debts Recovery Tribunal Procedure Amendment Rules, 2016

April 6, 2016 1198 Views 0 comment Print

G.S.R. 407(E).-In exercise of the powers conferred by sub-sections (1) and (2) of section 36 of the Recovery of Debts Due to Banks and Financial Institutions Act, 1993 (51 of 1993), the Central Government hereby makes the following rules further to amend the Debts Recovery Tribunal (Procedure) Rules, 1993

Seven Years Imprisonment to then ITO in Bribery Case

April 6, 2016 15010 Views 1 comment Print

SEVEN YEARS RIGOROUS IMPRISONMENT WITH FINE OF RS.1.5 LAKH TO THEN INCOME TAX OFFICER IN A BRIBERY CASE        The Special Judge, CBI Cases, Dehradun has today convicted Shri Dinesh Kumar, then Income Tax Officer, Pithoragarh (Uttarakhand) in a bribery case and sentenced him to undergo seven years Rigorous Imprisonment with fine of Rs.1.5 lakh. CBI […]

Classification of Micronutrients, Multi-micro nutrients, Plant Growth Regulators & Fertilizers

April 6, 2016 13333 Views 0 comment Print

The issue of classification of micronutrients, multi-micro nutrients, plant growth regulators and fertilizers has remained a disputed area in Central Excise. To bring clarity to the issue of classification thereof, it was decided to take opinion of Indian Agricultural Research Institute (IARI) on various issues relating to micronutrients such as – what constitutes micronutrients, its usage, distinction from plant growth regulator, if any, etc.

What RBI bi monthly policy April 2016 brings for investors & borrowers

April 6, 2016 1795 Views 0 comment Print

In its first bi-monthly policy RBI governor Raghuram Rajan reduced the repo by 25 bps although the market expectation was higher but still he cheered the market by his shift in liquidity management policy. RBI’s liquidity management policy will ensure better results and even real effect on market will be more than 25 bps.

Common Questions about Credit Scores

April 6, 2016 3175 Views 1 comment Print

A credit score is the summary of your report, numerically represented. This is a three digit number ranging between 300 & 900. The higher this score the better it is. On a general note, any score above 750 is considered a good score and borrowers having this score or more are favoured by lenders. Through this score banks judge your probability of default in future. A lower score would mean a high probability of default while a higher score means lower probability.

Reg. Import of blended fabric, +/- 3% variation in Count

April 6, 2016 778 Views 0 comment Print

In case of blended fabric, +/- 3% variation in Count shall be allowed and to that extent, amendments in norms (SION/Ad-hoc) against Advance Authorisation/Duty Free Import Authorisation will not be required.

EVC for e-filed Form 35 of Appeal to Commissioner (Appeals)

April 6, 2016 6055 Views 0 comment Print

The manner of furnishing the new Form No. 35 has been prescribed by sub-rule (2) of rule 45. Sub-rule (5) of rule 45 empowers the Principal Director General of Income-tax (Systems) or the Director General of Income-tax (Systems) to (i) specify the procedure for electronic filing of Form No. 35 and documents;

All about ‘end-to-end encryption’ Feature of WhatsApp

April 6, 2016 10108 Views 0 comment Print

Privacy and Security WhatsApp  help you stay in touch with friends, share vital information during natural disasters, reconnect with separated families, or seek a better life. Some of your most personal moments are shared with WhatsApp, which is why WhatsApp  built end-to-end encryption into the latest versions of their app. When end-to-end encrypted, your messages, […]

New instructions for preparation of B/S & P/L of a Company

April 6, 2016 62236 Views 3 comments Print

Every company to which Indian Accounting Standards apply, shall prepare its financial statements in accordance with this Schedule or with such modification as may be required under certain circumstances.

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