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Archive: September, 2016

Posts in September, 2016

Notification No. 82/2016-Income Tax Dated 15.09.2016

September 15, 2016 3673 Views 0 comment Print

Central Government hereby rescinds the notification of the Government of India, Ministry of Finance, Department of Revenue number 4/2010 dated 28.01.2010 published in the Gazette of India, Part II, Section 3, sub-section (ii) dated 28th of January, 2010 vide S.O. 348 with effect from 1st April, 2007 and shall be deemed that the said notification has not been issued for any tax benefits under the Income-tax Act, 1961 or any other law of the time being in force.

Issuance of Free Sale & Commerce Certificate to Merchant Exporters – reg.

September 15, 2016 2095 Views 0 comment Print

Para 2.37 of Hand Book of Procedure, 2015-2020 deals with the issue of Free Sale & Commerce Certificate by Regional Authorities to exporters / merchants. As certain doubts have arisen in the Proforma of the certificate, it is clarified that the exporter has to indicate the details of the manufacturer or the exporter (if he himself is not the manufacturer) in Annexure A of the Free Sale & Commerce Certificate.

Rate of exchange of conversion of foreign currency WEF 02.09.2016

September 15, 2016 3265 Views 0 comment Print

CBEC determines rate of exchange of conversion of each of the foreign currencies, into Indian currency or vice versa, with effect from 16th September, 2016,

Notification No. 120/2016-Customs (N.T.) Dated-15.09.2016

September 15, 2016 1771 Views 0 comment Print

Government of India Ministry of Finance (Department of Revenue) (Central Board of Excise and Customs) Notification No. 120/2016-Customs (N.T.) New Delhi, 15th September, 2016 S.O.2945 (E).– In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise & Customs, being satisfied […]

Third Party Certification in Haryana by Practising Company Secretary

September 15, 2016 2599 Views 0 comment Print

Government of Haryana formulated the scheme of Third Party Certification vide its Notification No.11/38/2016-4Lab dated 10th August, 2016. The said scheme can be certified only by Compliance Auditor. Compliance Auditor are 1) The Practising Company Secretary, who is a member of the Institute of Company Secretaries of India as per Section 3 of the Company Secretary Act, 1980.

How to Identify A Reliable Financial Advisor?

September 15, 2016 2425 Views 1 comment Print

How do you determine that your financial expert is actually providing you with genuine or fake advice? Can you easily trust any financial advice that you get? Are you sure, whether the financial advice you have received, will fill your pockets or your advisor’s? There are a few questions that one must address, before going […]

MCA notifies further sections to plug in missing gaps on NCLT’s power

September 15, 2016 2404 Views 0 comment Print

MCA vide its Notification dated 9th September, 2016,has enforced few more sections of the Companies Act, 2013. It is pertinent to note here that considering the MCA Notification dated 1st June, 2016[2], it seems that the current Notification has been brought in order to plug the missing gaps left after the June Notification.

Father-in-law is liable to maintain widowed daughter-in-law to the extent of share of her late husband in coparcenary property

September 15, 2016 14277 Views 0 comment Print

This appeal under Section 19(1) of the Family Courts Act, 1984 has been preferred by the appellant, father-in-law of respondent No. 1 and grand-father of respondents 2 and 3. The trial Court has granted a decree of maintenance in favour of the respondents directing the appellant to pay maintenance amount of Rs. 2000/- per month to the daughter-in-law and Rs. 1000/- each to two granddaughters who are respondents 2 and 3 herein.

Assaulting wife and creating nuisance at her work place in a state of intoxicatin would amount to ‘cruelty’ for obtaining decree of divorce

September 15, 2016 1965 Views 0 comment Print

This appeal under Section 19 (1) of the Family Courts Act, 1984 has been preferred by the appellant (for brevity ‘the husband’) to assail the legality and validity of the impugned judgement dated 28.04.2016 passed by the Family Court, Bilaspur, in Civil Suit No. 208-A/2013, whereby his marriage with the respondent (for brevity ‘the wife’) has been annulled by issuing a decree of divorce on the ground of cruelty.

Exchange Rate value of INR against USD dollar – 1945-1971

September 15, 2016 9965 Views 0 comment Print

Que – Please provide the details of Exchange Rate value of INR against USD dollar from the year 1947 till date. Ans – Information regarding USD-INR rates for the period 1945-46 – 1970-71 is available at the following link: Exchange Rate – 1945-1971 2. Information regarding USD-INR rate for the period 1970-71 to 2013-14 is available on: http://dbie.rbi.org.in/DBIE/dbie.rbi?site=publications-> […]

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