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CBI court held 3 excise official guilty in bribery case

June 13, 2016 2890 Views 0 comment Print

The Principal Special Judge for CBI Cases, Chennai has convicted Sh. G Murali Krishanan, then Superintendent, Central Excise, Chennai in a bribery case and sentenced him to undergo two years Rigorous Imprisonment with fine of Rs. 10,000/-.

Startup India: Flow-charts for Patent | Design | Trademark

June 13, 2016 11527 Views 0 comment Print

In this article we have discussed step by Flow Chart for Application of Patent, Design and Trademark in India by a Startups under Startup India Scheme. We have also updated List of Facilitators of Patents for Start-ups and same can be downloaded from the Following Link :-

Anti-dumping duty on Pentaerythritol import from China till 13.06.2017

June 13, 2016 856 Views 0 comment Print

Seeks to extend the levy of anti-dumping duty on imports of Pentaerythritol, originating in, or exported from the People’s Republic of China, for a period of one year.

Competition Act, 2002-Frequently Asked Questions

June 13, 2016 18070 Views 0 comment Print

Q.1 WHAT IS COMPETITION IN THE MARKET? a In common parlance, competition in the market means sellers striving independently for buyers’ patronage to maximize profit (or other business objectives). a A buyer prefers to buy a product at a price that maximizes his benefits whereas the seller prefers to sell the product at a price […]

Acche Din to come for Airline Passengers

June 12, 2016 2440 Views 0 comment Print

The Ministry has proposed that the refund process should be completed within 15 working days in case of domestic travel and 30 working days in case of international travel. It also proposed that in case of cancellation of tickets, statutory taxes and user development fee/airport development fee/passenger service fee shall be refunded.

Registration u/s 12AA cannot be denied for mere non filing of ITR

June 12, 2016 3088 Views 0 comment Print

Just because the assessee has not filed its income tax returns in earlier years, it can not be said that the activities of the assessee are not genuine. It has been held that non-filing of return cannot be one of the reasons for denying registration under section 12A of the Act.

PM to inaugurate 2 day Annual Conference of CBDT & CBEC

June 12, 2016 1567 Views 0 comment Print

Prime Minister to inaugurate the two day Annual Conference of Tax Administrators 2016 on 16th June, 2016 in the national capital; For First time that two Revenue Boards i.e. CBDT & CBEC are holding the Conference simultaneously;

MVAT: List of companies selected for Assessment 2012-13

June 12, 2016 8776 Views 0 comment Print

THE LIST OF CASES SELECTED FOR Issue Based Audit (IBA) alongwith MISSING DECLARATION FOR THE PERIOD 2012-2013 ( Some of the IBA cases are allocated for assessments and mentioned in Type of Audit column) ( Cases for assessment for F Y 2012-13 are already distributed in March 2015 and list of these cases is available […]

MVAT e-return Due date extended to 30.07.2016

June 11, 2016 15670 Views 0 comment Print

The date to upload  e-return of VAT in Maharashtra for  for the month of April 2016 is extended up to 30th July 2016.  Late fee for the return period April 2016 will not be attracted, if tax payment for said period is made on or before 21.05.2016 and return for the said period is filed […]

Procedure For Haryana VAT Registration

June 11, 2016 53431 Views 13 comments Print

Haryana Vat is governed by the Haryana Value added Tax Act, 2003. A dealer can take registration under Haryana Vat Act and Central Sales Tax Act, 1956 simultaneously or separately. Casual Dealer can take registration if they import into or sell goods in the state for a period not exceeding thirty days at a time.

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