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Archive: March, 2017

Posts in March, 2017

TDS deductible U/s. 192 instead of 194J if employee- employer relationship exist

March 27, 2017 18981 Views 0 comment Print

Remuneration paid to six professionals engaged by the company was liable for deduction of tax at source u/s 192 as the same was in the nature of salary as against the claim of the assessee to deduct tax u/s 194J on these payments on the ground that these persons were acting in the capacity of independent professionals and not as employee of the company.

Text of ‘Mann Ki Baat’ programme on All India Radio on 26.03.2017

March 27, 2017 834 Views 0 comment Print

My dear countrymen, we must take our fight against black money and corruption to the next level. Can 125 crore countrymen resolve to undertake 2500 crores digital transactions during this year? We have made an announcement in the Budget. Our 125 crore countrymen, if they wish to do so, they need not wait for a year; they can do it in six months. 2500

Legal Education in India

March 27, 2017 4920 Views 1 comment Print

The mandate to the Commission is centred on regulating the conduct of advocates in the profession. It is necessary to point out that it would only be a piecemeal effort of addressing the issues involved if, we do not realise that the regulatory scheme for the maintenance of standards should run in a straight line from the stage of education and training to enrolment and active practice.

Impact of Hate Speech on Freedom of Expression

March 27, 2017 1521 Views 0 comment Print

4.1 Right to freedom of speech and expression is one of the most essential liberties recognized by the democratic States.30 The concept of liberty has been primarily influenced by the principle of individual autonomy. The liberal theory of free speech views speech as an intrinsic aspect of autonomous individual, hence any restriction on exercise of this liberty is always subject to judicial scrutiny.

Law Commission report on law dealing with Food Adulteration

March 27, 2017 2424 Views 0 comment Print

Report No. 264 The Criminal Law (Amendment) Bill, 2017 (Provisions dealing with Food Adulteration) January, 2017- Our increasing daily need and fast growing lifestyle has resulted in availability of innumerable food and food products in the market, instant food and instant cooking has become a common requirement in every household today.

Re-organisation of Field Formations in CBEC in GST Regime

March 27, 2017 2991 Views 0 comment Print

Important Recommendations of WG:- No major shake up in structure to avoid ‘rocking the boat Factoring in of Revenue along with Tax-payer base, Hybrid model of Functional and Territorial jurisdiction, Functional/ industry specialisation to be limited to Division for the present, Verticals namely DGCEI, NACEN, Systems, TPS to be strengthened and AR(GST) to be created. Adjudication to stop at Addl Commissioner level

List of designated ports for imports of un-shredded metallic scrap

March 27, 2017 6627 Views 0 comment Print

Para 2.54(d)(iv) of the Handbook of Procedures, 2015-2020 has been amended to reflect the list of designated ports for imports of un-shredded metallic scrap and the period for installation and operationalisation of Radiation Portal Monitors and Container Scanner in these ports is extended uptil 31.3.2018.

Amendment in export policy of edible oils

March 27, 2017 759 Views 0 comment Print

Export of Groundnut oil, Sesame oil, Soyabean oil and Maize (Corn) oil in bulk, irrespective of any pack size, has been exempted from the prohibition on export of edible oil.

A Government Dedicated To The Poor

March 27, 2017 1173 Views 1 comment Print

In the past three years, the Modi government has undertaken a series of sweeping economic reforms. In fact, if the 1991 liberalization efforts are characterized as Reforms 1.0, and if the economic changes unleashed by the Vajpayee government from 1998 to 2004

SC on depreciation on leased immovable property in absence of registered deed

March 27, 2017 2202 Views 0 comment Print

It is only when the assessee holds a lease right or other right of occupancy and any capital expenditure is incurred by the assesee on the construction of any structure or doing of any work in or in relation to and by way of renovation or extension of or improvement to the building and the expenditure on construction is incurred by the assessee, that assessee would be entitled to depreciation to the extent of any such expenditure incurred.

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