CIT vs. Williamson Magor & Co. Ltd. (Calcutta High Court) The question no.(h) which related to deletion of disallowance of interest on account of borrowed capital is delivered by ITAT based on own previous year judgment but no finding was arrived indicating that the borrowed capital was not utilized for the purpose of earning exempt income. So matter remanded back to the AO.
Amendments in DGFT Notifications- Merchandise Exports from India Scheme (MEIS) – Schedule of country groups, ITC (HS) code wise list of products with reward rates under Appendix 3B: The DGFT has notified the Appendix 3B which contains Table 1-List of Country Groups and Table 2-ITC (HS) code wise list of products with reward rates under MEIS. DGFT P/Notice No 02/2015-20 Dated 1st April 2015
There are many consequences where the partners feel the need to close the partnership firm. As per our Partnership Act the closure of firm is termed as dissolution of firm. In the words of bare act. The dissolution of partnership between all the partners of a firm is called the dissolution of the firm. There are some ways to dissolve the partnership firm which are as follows :-
NOTIFICATION NO. 10/2015-Customs (ADD), Dated: April 07, 2015 Whereas, in the matter of Poly Vinyl Chloride Paste Resin also known as Emulsion Poly Vinyl Chloride Resin (hereinafter referred to as the subject goods), falling under heading 3904 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred to as the Customs Tariff Act)
Whereas, in the matter of Flexible Slabstock Polyol of molecular weight 3000- 4000 (hereinafter referred to as the subject goods), falling under Sub-heading 3907 20 of the First Schedule to the Customs Tariff
Whereas, the designated authority vide notification No.15/26/2014-DGAD, dated the 16th March, 2015, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 16th March, 2015, has initiated review, in terms of sub-section (5) of section 9A of
Amendments to The Real Estate (Regulation and Development) Bill, 2013 The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today gave its approval to amendments to the Real Estate (Regulation and Development) Bill, 2013 pending in the Rajya Sabha, and approved amendments proposed in the Bill. The recommendations of the Standing Committee of […]
Release of additional installment of Dearness Allowance to Central Government employees and Dearness Relief to Pensioners, due from 1.1.2015 The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today gave its approval to release an additional installment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners with effect […]
In notification, No. 12/97-CUSTOMS (N.T.), dated the 2nd April, 1997 in the Table, against serial number 12 relating to the State of Uttar Pradesh, after item (xiii) and the entries relating thereto, in columns (3) and (4), the following item and the entries shall respectively be inserted, namely:-
Prior to January 03, 2012 the mechanisms available for promoters to sell shares included sale of shares in the secondary market, offer for sale of shares to public through prospectus, sale through block deal window and spot delivery under Securities Contracts (Regulation) Act, 1956.
