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Archive: March, 2017

Posts in March, 2017

Delhi VAT: De-sealing of Business Premises during Survey

March 8, 2017 1479 Views 0 comment Print

If the Dealer concerned whose business premise has been sealed does not turn up for de-sealing of the same within a reasonable time, then he should be intimated through a notice, at his last known address, regarding De-sealing process to be undertaken.

Vacancies for Technical Member in NCLT for CA, CS, CMA etc

March 8, 2017 5592 Views 0 comment Print

Filling up of 12 posts of Technical Member in the National Company Law Tribunal (NCLT) – inviting applications for- selected candidates will be required to serve at any of the already constituted NCLT benches or benches to be constituted in future in different parts of the country in a phased manner

Analysis of IEPF Authority (Accounting, Audit, Transfer and Refund) Amendment Rules, 2017

March 8, 2017 6885 Views 3 comments Print

The major amendments made by MCA are related to the Transfer of Equity Shares by Company to IEPF Authority in case any shareholder fails to en-cash Dividend Warrants issued by company in any of the last 7 (seven) consecutive years.

No one to be deprived of benefits for lack of Aadhaar

March 8, 2017 1416 Views 0 comment Print

Government has said that no one will be deprived of the benefits for lack of Aadhaar. In a statement issued today, the Government has reiterated that till Aadhaar number is assigned to any individual, the benefit will continue to be given based on alternate means of identification.

View taken in earlier years cannot be changed unless change in facts and /or in law

March 8, 2017 1797 Views 0 comment Print

In view of the fact that the Revenue has been consistently taking a view that the income earned on investments is taxable under the head capital gains no difference in facts and /or in law has been pointed out to take a different view for the subject Assessment Year

Harmonising MEIS Schedule / Table with MEIS Rate Product wise

March 7, 2017 9096 Views 0 comment Print

This is a consolidated list of all items under MEIS notified so far (Public Notice No.2 dated April 1, 2015 and subsequent expansion through PN.27 dated July 14, PN. 28 dated July 16, PN.44 dated 29 October of 2015 and PN.6 dated May 4, PN.26 dated August 26 , PN.32 dated September 22 of 2016 and PN.49 dated 30.12.2016) and is based on sequence of ITC(HS),

FM releases Revised General Financial Rules (GFR) 2017

March 7, 2017 18429 Views 0 comment Print

The Finance Minister Shri Arun Jaitley calls upon the Financial Advisers of different Ministries to ensure that expenditure on schemes and projects start from the beginning of the financial year to leverage the early passing of the Finance Bill this year;

ICAI invites suggestions on Mid Term Review of FTP 2015-20 / SEIS

March 7, 2017 1104 Views 0 comment Print

Ministry of Corporate Affairs seeking ICAI’s suggestions for the Mid-Term Review of the Foreign Trade Policy 2015-20 in order to account for the changes in the circumstances over period and as a measure of mid-term course correction.

CBDT signs 141st Bilateral Advance Pricing Agreement (APA)

March 7, 2017 960 Views 0 comment Print

Central Board of Direct Taxes (CBDT) signs another Bilateral Advance Pricing Agreement (APA) with subsidiary of a Japanese Company taking the total APAs entered into by the CBDT to 141

Turning Padma Awards into People’s Awards

March 7, 2017 1683 Views 0 comment Print

The Padma Awardees List for 2017 has come as a whiff of fresh air. The unsung heroes have captured the imagination of the people. They include a) Meenakshi Amma (76), India’s oldest women exponent of Kalaripayttu b) Girish Bharadwaj (66)

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