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Archive: December, 2016

Posts in December, 2016

MCA achievements for the month of November, 2016

December 9, 2016 1162 Views 0 comment Print

The Ministry, vide notification no. S.R. 1049(E) dated 07.11.2016, has amended Companies (Registration Offices and Fees) Rules, 2014, allowing certification of AOC-4 by Company Secretaries and Cost Accountants also in addition to Chartered Accountants.

BCAS Free e-book on Rules of Interpretation of Tax Laws

December 9, 2016 3751 Views 0 comment Print

Advocate N. M. Ranka 1. Introduction: No enactment has been enacted by the Legislature for Interpretation of Statues including on Tax Laws. However, in many an acts, definition clause is inserted to mean a ‘word’ or ‘expression’. Explanations and Provisos are inserted to expand or curtail. No codified rules have been made by the rule […]

Reliance JIO – 4 cases with CCI – Monopoly by Cellular Service Providers

December 9, 2016 2158 Views 0 comment Print

The Competition Commission of India (CCI) has registered four cases against cellular service providers alleging violation of Section 3 and 4 of the Competition Act, 2002 as follows: –

BCAS Free e-book on Direct Tax Dispute Resolution Scheme, 2016

December 9, 2016 2137 Views 0 comment Print

Finance Act, 2016 has introduced a scheme for resolution of disputes vide Chapter X called The Direct Tax Dispute Resolution Scheme, 2016.

Amalgamation and Winding Up cases to be transferred to NCLTs

December 9, 2016 2338 Views 0 comment Print

MCA, vide notification no. S.O. 3677(E) dated December 7, 2016 has notified some existing sections of the Companies act 2013, which shall come into force from December 15,.2016.

Analysis of new STRINGENT Law to prohibit Benami Transactions

December 9, 2016 3502 Views 0 comment Print

The recently cleared amendment to Benami Transaction (Prohibition) Amendment Act, 2016 indicates the resolve of the Government of India to control the menace of black money and its by-product Benami transactions with the new stringent law and its effective implementation.

Incorporation of Private Ltd. Company through SPICE Route for Startups

December 9, 2016 3235 Views 2 comments Print

SPICE Stands for Simplified Proforma for Incorporating Company electronically) Company may be incorporated through TWO ROUTE: 1. Through INC-1, INC-7, DIR-12 and INC-22. 2. Though INC-32 (The Option for Name Reservation is available by filing INC-1) , INC-33 and INC-34

Presence of percentage of narcotic drug or psychotropic substance in composition of medicine can-not be calculated separately

December 9, 2016 2499 Views 0 comment Print

This is the first bail application filed under Section 439 of the Code of Criminal Procedure for grant of regular bail to the applicant who has been arrested in connection with Crime No. 113 of 2016 registered at Police Station- Kusmunda, District Korba (C.G.) for the offence punishable under Section 22 of NDPS Act.

Remedy available under Consumer Protection Act, 1986 is additional remedy

December 9, 2016 10899 Views 0 comment Print

The remedy available under the Consumer Protection Act, 1986 is an additional remedy for consumers and not in derogation of remedy available under Section 8-B of the Indian Telegraph Act, 1885.

SC explains TDS on construction, erection & commissioning of plants

December 9, 2016 27042 Views 0 comment Print

These are usual clauses in such contracts. The testing, pre-commissioning, commissioning and post-commissioning are required to be carried out by a contractor to satisfy the customer that the work has been executed in a proper manne

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