It is held that Completed assessments can be interfered with by the AO while making the assessment under Section 153 A only on the basis of some incriminating material unearthed during the course of search or requisition of documents or undisclosed income or property discovered in the course of search which were not produced or not already disclosed or made known in the course of original assessment.
Some of the important provisions are: (i) Completion of investigation and filing of charge sheet in the court within sixty days. (ii) Provision of relief for offences of rape and gang rape (This provision has been introduced for the first time.) (iii) Delinking requirement of medical examination for getting relief amount for non-invasive kind of offences against women like sexual harassment, gestures or acts intended to insult the modesty of women, assault or use of criminal force with intent todisrobe, voyeurism, stalking.
(1) There shall be constituted a Service known as the Indian Revenue Service (Customs and Central Excise) Group ‘A’ consisting of persons appointed to the Service under rule 5. (2) All the posts included in the Service shall be classified as Group ‘A’ posts.
It has come to the notice of the Board that in a number of cases where O.As/WPs/SLPS were filed before the Courts/CATs against the Departments, there have been inordinate delays in filing counter replies especially in those cases where the jurisdictional CCs/DGs have not been made respondents. This has led to adverse orders and indictments from the Courts/Tribunal and imposition of fines on the department.
Imposition of Central Excise duty on jewellery Constitution of sub-committee of the High Level Committee – regarding- In continuation to the Circular No. 1021/9/2016-CX dated 21.03.2016, issued vide F. No. 354/25/2016-TRU, the composition of the Sub-Committee referred to therein would be as under:
Presently, importers were facing a problem regarding the clearance of products not specified under the Legal Metrology Act, 2009 as the Customs officers were insisting presentation of registration documents from importers on products which do not fall under the purview of the Legal Metrology Act, 2009 and rules made thereunder. In this regard, Central Government […]
Following amendments have been made in the Maharashtra Value Added Tax Rules, 2005 which is effective from 01 .04.2016: Rule 8 (Application for registration of dealers liable to tax) Any dealer liable to pay tax shall (including voluntary registration) submit a registration application electronically on www.mahavat.gov.in in Form 101 along with Form 105 (to be submitted […]
In exercise of the powers conferred by sub-sections (3) and (4) of section 13 of the Central Sales Tax Act, 1956 (Act No.74 of 1956), and of all other powers enabling it in this behalf; the Government of Maharashtra is hereby pleased to make the following rules further to amend the Central Sales Tax (Bombay) Rules, 1957, namely :‑
All the Assessee/Contractor/Service Provider (Contractor) who entered into contract for construction, erection, commissioning, installation, completion, fitting out, repair, maintenance, renovation, or alteration of construction with Government, a local authority or a governmental authority (“Contractee”)prior to the issue of this notification are covered by this levy.
A Comparative Analysis of Section 185 of Companies Act 2013 & proposed amendment in Companies Amendment Bill 2016- As we are all aware that the Central government on 16th of March, 2016 introduced in the Lok Sabha a bill to further amend the Companies Act, 2013 as part of efforts to address difficulties faced by stakeholders and improve the ease of doing business in the country, which is yet to get approval from Rajya Sabha very soon.
