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Archive: 27 March 2017

Posts in 27 March 2017

Let’s build the Gudi of Income tax in new Financial year

March 27, 2017 2709 Views 2 comments Print

Tomorrow is the festival of Gudi Padwa i.e start of New Year. And it’s the last week of financial year 2017. New financial year will be starting from 1st April. According to budget, what are the changes made in income tax which will be applicable from new financial year and which will increase the prosperity of tax payers?

Registration U/s. 12AA cannot be denied for mere non filing of Return

March 27, 2017 1770 Views 0 comment Print

Advocate Akhilesh Kumar Sah Just because the assessee has not filed income tax returns in earlier years, it can not be said that the activities of the assessee of the charitable trust / society were not genuine and grant of the registration under section 12AA cannot be denied

Law Commission suggests amendment in laws to Curb Hate Speech

March 27, 2017 1521 Views 2 comments Print

Law Commission suggests amendments to the Indian Penal Code, 1860 and the Code of Criminal Procedure, 1973 by adding new provisions on Prohibiting incitement to hatred’ following section 153B IPC and ‘Causing fear, alarm, or provocation of violence in certain cases’ following section 505 IPC, and accordingly amending the First Schedule of the CrPC.

Law commission suggests drastic amendments in Advocates Act

March 27, 2017 17007 Views 7 comments Print

Law Commission recommends that comprehensive amendment should be brought forth in Advocates Act, not only keeping in view the present requirements, but such other requirements that may arise in future for the better management and regulation of the legal profession

Extra 3 months to Defunct companies to submit plan of action: SEBI

March 27, 2017 693 Views 0 comment Print

In the interest of the investors of such ELCs, it is decided to extend the time to submit the plan of action till June 30, 2017. All other conditions as mentioned in the SEBI circular dated October 10, 2016 remain unchanged.

CBDT appoints Addl. DGP, EOW & ACB, Chhattisgarh U/s. 138(1)(a)(ii)

March 27, 2017 645 Views 0 comment Print

Central Government hereby specifies Addl. DGP, Economic Offences Wing & Anti Corruption Bureau, Government of Chhattisgarh for purposes of Section 138(1)(a)(ii)

Extending Banking Hours and e-payment deadline for Tax Payment

March 27, 2017 2082 Views 0 comment Print

It has been decided that all agency banks shall keep the counters of their designated branches conducting government business open up to 8,00 pm on March 30. 2017 and up to 6.00 p.m. on March 31, 2017. ALL electronic transactions would, however, continue till midnight of March 31, 2017,

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