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Archive: 25 January 2017

Posts in 25 January 2017

Mere Entries in loose papers/ sheets are inadmissible as evidence: SC

January 25, 2017 7411 Views 0 comment Print

We have heard learned counsel for the parties at length, as to Interlocutory Application Nos. 3 and 4 of 2017 filed in Writ Petition(Civil) No.505 of 2015.

Budget 2016: looking back into time

January 25, 2017 2198 Views 0 comment Print

In layman’s term, the union budget presents an estimate of revenue and expenditure of the country in the forthcoming financial year that begins on the 1st of April and ends on 31st March.

Determination of Place of Effective Management- Analysis of recent amendment

January 25, 2017 6153 Views 0 comment Print

A foreign company would be resident in India in any previous year if its POEM in that year is in India. There were no guidelines to determine POEM under Act. Hence, now CBDT has issued a circular No. 6 of 2017, dated 24.01.2017 under subject Guiding Principles for determination of Place of Effective Management (POEM) of a Company in this regard.

Govt notifies Debts Recovery Tribunals at Hyderabad & Visakhapatnam

January 25, 2017 8184 Views 0 comment Print

Central Government established the Debts Recovery Tribunal atVisakhapatnam in the State of Andhra Pradesh; And whereas, the Central Government has considered it necessary to establish one more Debts Recovery Tribunal at Hyderabad in the State of Telangana.

Sales Tax applicanbility on under construction flats at the time of Booking

January 25, 2017 1716 Views 0 comment Print

Whether sales tax attracted merely because the flats were booked by prospective buyers while the same were under construction? Whether K. Raheja and Larsen & Toubro & Ors. judgments universally applicable without regard to the facts and circumstances of the case?

Help Desk set up at Bangalore to help in Migration to GST

January 25, 2017 2328 Views 0 comment Print

It is to intimate that a workshop on Migration of Existing Central Excise / Service Tax Assessees to GST was conducted by Bangalore II Commissionerate at the premises of KASSIA (M/s Karnataka Small Scale Industries Association) on 23rd Jan 2017.

Equity Research Analyst: Fundamental vs Technical – Basic Difference

January 25, 2017 5761 Views 0 comment Print

What comes to your mind when you read these words together? You might be thinking of multiple computer setups with colourful charts displayed on them and a professional person shouting to get the trades right so as to make his/her pocket dearer

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