Credit of eligible duties and taxes on inputs held in stock-IMPORTANT FOR MANUFACTURER It is a concern of the manufacturer that in case they are manufacturing both exempted and non-exempted goods then what would be the mechanism to get the credit in GST regime on inputs lying in stock as on the appointed date.
These are cross appeals by the assessee and the Revenue emanating out of the orders of learned CIT(Appeals)-III, Nagpur for assessment years 2008-09 and 2009-10 respectively. Since the issues are connected and the appeals were heard together
Union Government has proposed several amendments to Finance Bill 2017 presented in Lok Sabha on 01.02.2017 by introducing notice of amendment to finance bill 2017 Lok Sabha on 01.02.2017. Some of the important amendment proposed are as follows :- 1. Appointment of, and remuneration to, the ITAT Member 2. Make Aadhar card mandatory for filing […]
Matter related to transitional provisions under section 68 of the Companies (Amendment) Act, 1988, which bestowed jurisdiction to hear the case only on High Court, however, as in the case in point, the issue was transferred to NCLT under the 2013 Act, the NCLT would have jurisdiction, even though the amended section 68 had not been actually repealed but it should be regarded to have been impliedly repealed.
The Authority had revised the Corporate Governance guidelines for insurance companies in 2016, which combined the stipulations regarding the form and composition of the Board, the Appointment and qualifications of Directors and Key Management Persons (KMPs), appointment of Auditors, etc.
Employees’ Provident Fund Organization (EPFO) proposes to setup a panel of retired officers as Inquiry Officers for conducting departmental inquires
SEBI eases norms for issuing debt securities by municipalities
IRDAI (Payment of Commission or Remuneration or Reward to Insurance Agents and Insurance Intermediaries) Regulations 2016 comes into force with effect from 1st April, 2017.
The expenditure incurred in administering the Employees’ Provident Fund is met from the administrative and inspection charges collected from the employers of un-exempted and exempted establishments respective
Once an entity obtains a significant influence (as per Ind-As-28) or Joint control (as per Ind-As-111 to fall under JV) then Equity accounting needs to be applied.
