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Archive: March, 2017

Posts in March, 2017

Exclusion of comparables based on Turnover and size filter is valid

March 8, 2017 2703 Views 0 comment Print

Bombay High Court decision upheld the DRP order in excluding 6 companies, from the list of comparables chosen by the TPO, on the basis of turnover and size. Following it , we uphold the DRP order in excluding the above 6 companies, from the list of comparables chosen by the TPO, on the basis of turnover and size.

Last date of Digital Life Certificate submission extended to 31.03.2017

March 8, 2017 3129 Views 0 comment Print

Last date of submission of Digital Life Certificate through Jeevan Pramaan Patra extended upto 31st March 2017. EPF & MP Act, 1952 made applicable to all staff employed in ECHS on contractual basis. A single page composite claim form in death cases replaces Form 20, form 5-IF and Form 10-D

CBI Arrests Superintendent of Central Excise in an alleged bribery case

March 8, 2017 1344 Views 0 comment Print

CBI has arrested a Superintendent of Central Excise, Anti-Evasion, Hyderabad-II Commissionerate, Kendriya Shulk Bhavan, Basheerbagh, Hyderabad and a private person in an alleged bribery of Rs. four lakh.

DVAT 3rd quarter of 2016-17 Online Return Filing due date extended to 17/03/2017

March 8, 2017 1719 Views 0 comment Print

Delhi Value Added Tax Rules, 2005, I, H. Rajesh Prasad, Commissioner, Value Added Tax, do hereby extend the last date of filing of online/hard copy of third quarter return for the year 2016-17, in Form DVAT-16 ,DVAT-17 and DVAT-48 along with required annexure/enclosures to 17.03.2017.

Secondary market liquidity needed to attract retail investor into corporate bond space: SEBI official

March 8, 2017 714 Views 0 comment Print

Infusing some amount of secondary market liquidity can help attract retail investors to enter the corporate bonds’ space, a top Securities Exchange Board of India (SEBI) official said at an ASSOCHAM event held in New Delhi today.

Approach on un-reconciled, unsettled outstanding reinsurance balances as on 31.03.2014

March 8, 2017 1572 Views 0 comment Print

If the reinsurance/ composite broker has un-reconciled outstanding unsettled clients money lying with them, they shall transfer the same in a separate bank account under intimation to the Authority with full details of the bank account.

Ram Jethmalani cross examined Arun Jaitley in court: Part 1

March 8, 2017 54153 Views 10 comments Print

I put it to you that ‘goodwill’ is enjoyed even by a crook, who has done some good thing to somebody. What do you have to say? You have used the word ‘goodwill’ in the letter addressed to Deputy Registrar filed along with the plaint. Are you aware about the difference between goodwill and reputation?

NCLT invites applications for Judicial Members in NCLT

March 8, 2017 4980 Views 0 comment Print

am directed to state that applications are invited in the format given in Annexure-I for the four post of Judicial Members, National Company Law Tribunal constituted under Section 408 of the Companies Act, 2013

Phone Scams a Serious Threat: IRS

March 8, 2017 4242 Views 0 comment Print

Aggressive and threatening phone calls by criminals impersonating IRS agents remain a major threat to taxpayers, headlining the annual Dirty Dozen list of tax scams for the 2017 filing season, the Internal Revenue Service announced today.

ICAI Invites EOI from CA Firms for Indian Railway Accounting Project

March 8, 2017 5244 Views 0 comment Print

ICAI ARF hereby invites proposals from eligible Chartered Accountant Firms having preferably their Head Office at following places to be associated for handling its upcoming project of Indian Railways for conversion of its books of accounts from hybrid to accrual accounting:

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