"16 August 2016" Archive

HC order on EPF Applicability on Courier Business with Agency

Circular No. C-I/1(3)2016/Court Case/7905/11/12656 16/08/2016

This court is of the opinion that ultimate control both the financial and human resources/ are vested with the petitioner. So also, unity of management and control functional integrity and unity of purpose/ are obviously evident from the above clauses...

Reg. Mandatory Deposits of EPF contribution through Internet Banking

Circular No. Bkg./1(4)2010/Online Remittance/Vol.II/517 16/08/2016

Central Government had notified on 5th May, 2015 the amendments in Para 38(1) and 48 of EPF Scheme, 1952 maaking it mandatory for employers to payment the statutory contributions through Internet Banking only....

How Are We a Good Saver But a Bad Investor?

Every one of us is a doctor in our view, just as we all are financial planners. We rely on self-medication when we are physically down or act as a medical assistant when our family members are hit by minor medical emergencies....

Posted Under: Corporate Law |

Date of allotment or date of possession- To Compute Capital Gain?

Richa Bagrodia Vs. DCIT (ITAT Mumbai)

The only issue that is to be decided is whether the date of allotment of the flat or the date of possession of the flat by the assessee should be considered as the date for computing the holding period of 36 months....

Due Date of 30.09.2016: Enhancement From Practical Point of View

These days, in the era of e-filing of Income Tax Returns, there remains heavy pressure on e-filing portal around 30 September. It is being seen in last two years, the date of 30th September for filing of returns has been enhanced due to practical problems faced by assessees....

Posted Under: Corporate Law |

Enforcement of Security Interest and Recovery of Debts Laws and Miscellaneous Provisions (Amendment) Act, 2016

NO. 44 OF 2016 16/08/2016

Default means-(i) non-payment of any debt or any other amount payable by the borrower to any secured creditor consequent upon which the account of such borrower is classified as non-performing asset in the books of account of the secured creditor; or...

How to convert LLP into PRIVATE LIMITED?

LLP, the worldwide recognized form of business organization was introduced in India by way of Limited Liability Partnership Act, 2008 and LLP Rules, 2009. A limited liability partnership (LLP) is a partnership in which all partners have limited liabilities. LLP is an alternative corporate form of business organization which gives the bene...

Posted Under: Corporate Law |

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