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Archive: 24 January 2017

Posts in 24 January 2017

S. 10(46) Govt notifies Punjab Building & Other Construction Workers Welfare Board

January 24, 2017 1233 Views 0 comment Print

Section 10(46) of the Income-tax Act, 1961 Central Government notifies Punjab Building & Other Construction Workers Welfare Board, constituted by the Government of Punjab, in respect of the specified income arising to that Board

S. 10(46) Govt notifies Punjab State Electricity Regulatory Commission

January 24, 2017 666 Views 0 comment Print

Section 10(46) of the Income-tax Act, 1961 Central Government notifies Punjab State Electricity Regulatory Commission, a Commission, constituted by the Government of Punjab, in respect of the specified income arising to that Commission.

India-Japan Comprehensive Economic Partnership Agreement

January 24, 2017 678 Views 0 comment Print

(1) These rules may be called the India-Japan Comprehensive Economic Partnership Agreement (Bilateral Safeguard Measures) Rules, 2017. (2) They shall come into force on the date of their publication in the Official Gazette.

Conviction for murder; Handwriting Expert’s opinion pertaining to ransom letter

January 24, 2017 1290 Views 0 comment Print

Conviction for murder; Handwriting Expert’s opinion pertaining to ransom letter cannot from the basis for conviction, moreso, when specificmen handwritings were obtained by investigating officer and not in court.

Impact of GST on Automobile Dealers Industry

January 24, 2017 21125 Views 4 comments Print

Introduction of GST shall be a breather for Automobile sector wherein taxes on vehicle are largely expected to be @ 18% in GST regime except for luxury cars where the rate may go upto 28% plus cesses.

GST and Electronic Commerce Operator

January 24, 2017 11855 Views 2 comments Print

Model GST Act has made elaborate provisions for electronic commerce operator’. Here, ‘Operator’, indicates those people through which E-Commerce are operated.

6 FAQs on Benami property Prohibition Act

January 24, 2017 8506 Views 0 comment Print

What is a Benami Transaction? If a person pays the consideration for purchase of a property but the ownership of the property is held in the name of some other person, and the property is held for immediate or future benefit, direct or indirect, of the person who paid the consideration,

Practical Guide to Postal Ballot – Listed Company

January 24, 2017 39507 Views 4 comments Print

Brief/Introduction: Postal ballot means ballot conducted by mail or electronic means; a system of voting in which people send their votes by post/ electronic means. Experience of several decades have shown most of the shareholders who reside in far-flung areas are unable to attend Annual or Extraordinary General Meetings.

Deemed exports under Revised Model GST Law

January 24, 2017 40084 Views 3 comments Print

Term ‘deemed exports’ is often referred in the context of Foreign Trade Policy but it is observed that the proposed GST regime seeks to provide definition of deemed exports separately.

Implications of Just in time inventory under Revised GST Act.

January 24, 2017 4016 Views 0 comment Print

Large OEM customers require their suppliers to supply material as and when required for their production. Majority of OEM customers have built into their contracts with supplier , where supplier is not based at their production location,

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