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Archive: 19 September 2016

Posts in 19 September 2016

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

May 15, 2024 7170 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.

Reg. inquiry proceedings under Rule 14 of CCS (CCA) Rules, 1965

September 19, 2016 7279 Views 0 comment Print

I am also directed to state that as per CVC guidelines, the inquiry proceedings under CCS (CCA) Rules, 1965 are to be completed in six months.The Member (P&V), CBDT has desired that in all the cases where a period of more than six months has passed since appointment of inquiry officer, further time of three months may be allowed for completion of inquiry proceedings.

Display board asking to contact CBI if bribe is demanded: CBDT

September 19, 2016 4552 Views 0 comment Print

File No. A-27023/21/2016-Ad.VI (A) Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes Dated:  19th September, 2016 OFFICE   MEMORANDUM Subject: Installation of Display Board asking people to contact CBI in case of any demand for bribe- reg. The undersigned is directed to circulate a d.o. letter dated dated 05.09.2016 from the […]

CBDT issues appreciation certificate to Individual Taxpayers

September 19, 2016 15637 Views 1 comment Print

The Government acknowledges the contribution of individual tax payers in paying taxes within the prescribed time and prompt filing of Income Tax Returns. The Honourable Finance Minister, Shri Arun Jaitley today handed over certificates of appreciation issued by CBDT honoring select tax payers for such contribution.

Investment activity is likely to revive in the mid term

September 19, 2016 763 Views 0 comment Print

Key Economic Forecast Real Economy: While 7th Pay Commission payouts ahead of the festive season is likely to support the consumer goods segment, slowdown in flow of financial resources to the commercial sector, low capacity utilization and high leverage in the corporate sector coupled with the base  effect is likely to keep IIP muted. D&B […]

Has Government lost its power to levy excise – may be not?

September 19, 2016 2395 Views 1 comment Print

The recent enactment of all sections of Constitutional (101st Amendment) Act, 2016 has triggered a lot of debate all across. Many experts have opined that among other, Section 19 post its enactment has taken away the power of Center to levy and Collect Excise Duty. However, this debate is also to be seen in the following perspective.

ICSI: Compulsory Switchover from Old to New Syllabus

September 19, 2016 3022 Views 0 comment Print

All 2007(Old) Syllabus Students shall be compulsorily required to switchover to 2012(New) Syllabus from December, 2016 Session and no further examinations will be conducted under 2007(Old) Syllabus.

Ad valorem Court fees is payable even when plaintiff, executant of sale deed alleges fraud

September 19, 2016 15345 Views 0 comment Print

In both the petitions under Article 227 of the Constitution of India the petitioner/plaintiff is aggrieved by the order passed by the trial Court directing the petitioner to pay ad valorem Court fees on the plaint. The direction has been issued while considering the respondent No. 1/defendant No. 1’s prayer for rejection of plaint under Order 7 Rule 11 of the Code of Civil Procedure, 1908 (‘the CPC’ henceforth) for declaration that the petitioner is in possession and title holder of the suit land and the sale deed dated 9-4-2010 purportedly executed by the plaintiff in favour of the defendant No.1 is null and void being forged, therefore, not binding on the plaintiff. Prayer for issuance of permanent injunction to restrain the defendant No. 1 from interfering with the plaintiff’s possession has also been made in the pliant.

DRI busts racket involved in smuggling of around 7000 kg. gold

September 19, 2016 1516 Views 0 comment Print

Directorate of Revenue Intelligence (DRI) busts a major gold smuggling racket involving smuggling of around 7000 Kilograms of gold worth more than Rs. 2000 crore in last two and half years;

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