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Section 234E Fee cannot be levied on TDS deducted prior to 1.6.2015: HC

August 26, 2016 15172 Views 2 comments Print

When the amendment made under Section 200A of the Act which has come into effect on 1.6.2015 is held to be having prospective effect, no computation of fee for the demand or the intimation for the fee under Section 234E could be made for the TDS deducted for the respective assessment year prior to 1.6.2015.

SEBI (Settlement of Administrative and Civil Proceedings) (Amendment) Regulations, 2016

August 26, 2016 907 Views 0 comment Print

Market wide impact: shall mean the defaults which have a bearing on the securities market as a whole and not just the listed security and its investors which is under investigation/inquiry/inspection, etc.

Rate of exchange of South African Rand WEF 27.08.2016

August 26, 2016 699 Views 0 comment Print

Central Board of Excise and Customs hereby makes the following amendments in the Notification of the Central Board of Excise and Customs No. 112/2016-CUSTOMS (N.T.), dated 18th August, 2016, with effect from 27th August, 2016, namely:-

Reg. appointment of CAA by M/s Nagarjuna Oil Corp. Ltd

August 26, 2016 932 Views 0 comment Print

Regarding appointment of CAA by M/s Nagarjuna Oil Corporation Ltd, Chennai-In compliance with the directions of Hon’ble CESTAT’s Final Order No. 41672-41675/2015 dated 11.11.2015, remanding the matter for de novo proceedings, passed in 4 appeals

Handling of Cargo in Customs Areas (Amendment) Regulations, 2016

August 26, 2016 5177 Views 0 comment Print

Provided that the condition of furnishing of bank guarantee shall not be applicable to ports notified under the Major Ports Act, 1962 (38 of 1963) or to the Central Government or State Governments or their undertakings or to the customs cargo service provider authorised under Authorised Economic Operator Programme

Notification No. 114/2016-Customs (N.T.) dated 26.08.2016

August 26, 2016 1307 Views 0 comment Print

Port of Visakhapatnam, Gangavaram port, Visakhapatnam International Airport, Container Freight Station at Bayyavaram Village, Kasimkota Mandal, Visakhapatnam District, Visakhapatnam, Special Economic Zone and the areas under the Greater Visakhapatnam Muncipal Corporation of Visakhapatnam in the state of Andhra Pradesh

Commercial Surrogacy -Now Legally Prohibited!!!!

August 25, 2016 2570 Views 0 comment Print

Union Cabinet cleared the Surrogacy (Regulation) Bill, 2016, dated 24.08.2016, banning commercial surrogacy in India. It’s a draft bill which is yet to be passed by government.

ICAI represents on Co-operative Societies auditors appointment

August 25, 2016 12935 Views 0 comment Print

Representations Reg. Manner of audit appointments and other audit related issues- Co-operative housing and Other Societies Please find enclosed herewith the copy of the Representation as submitted to Commissioner for Cooperation and Registrar of Cooperative Societies, State of Maharashtra, regarding manner of audit appointments and other audit related issues in Co-operative housing and Other societies. […]

How To Start Export of Products From India

August 25, 2016 6725 Views 0 comment Print

Recently, at Hubco, we start getting many queries related to starting of Export business in India, but at the same time, the people raising the questions does not know in what direction they should start working. So to (or intending to) providing those entrepreneurs with knowledge about how to launch the export business and what are major steps involved in making their first export successful from India, we have prepared an Infographic.

Comprehensive Understanding on issue of Bonus Shares

August 25, 2016 9191 Views 2 comments Print

Bonus issue refers to a further issue of shares made by a company having share capital to its existing shareholders in proportion to their holdings without any consideration. It is also called as capitalization of the reserves of the Company.

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