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Safe Harbour Rules for Specified Domestic Transactions of Govt. Electricity Cos

February 4, 2015 3544 Views 0 comment Print

Notification No. 11/2015 – Income Tax 10THA. Eligible assessee.—The ‘eligible assessee’ means a person who has exercised a valid option for application of safe harbour rules in accordance with the provisions of rule 10THC, and is a Government company engaged in the business of generation, transmission or distribution of electricity.

Foreign Exchange Management (Acquisition and Transfer of Immovable Property in India) (Amendment) Regulations, 2015

February 4, 2015 2703 Views 0 comment Print

In the Foreign Exchange Management (Acquisition and Transfer of Immovable Property in India) Regulations, 2000 (Notification No. FEMA 21/2000-RB dated May 3, 2000), the existing regulation 7 shall be substituted by the following namely:

Self Assessment defaulters for AY 2013-14 and 2014-15

February 4, 2015 4727 Views 0 comment Print

The Principal Chief Commissioner’s of Income Tax Patna, Bhopal, Guwahati, Lucknow, Bhubaneswar, Nagpur, Bangalore, Kolkata, Jaipur, Mumbai, Hyderabad, Delhi, Chennai, Pune, Cochin, Kanpur, Ahmedabad, Chandigarh

DGFT operationalises online filing of IEC applications, online processing and issue of e-IECs in digital format

February 3, 2015 2620 Views 0 comment Print

DGFT has started operationalising online filing of Importer Exporter Code (IEC) applications, online processing and issue of e-IECs in digital format. Now new entrepreneurs/exporters/importers can apply online for issue of new IEC from the comfort of their home/IT Kiosk with no more visits to the Regional Authority’s office required, and upload the documents and pay the required fee through Net banking.

Bait Money check with respect to Concurrent Audit of Banks

February 3, 2015 26788 Views 1 comment Print

The concept of Bait Money! Bait Money is a security feature used by various Banks/Bank branches. As its name suggests, this money kept with the Banks/Bank branches helps in tracking the culprits in case of any theft provided it has been taken by the thieves. Bait Money is basically a small pile of currency notes, […]

How to incorporate a One Person Company?

February 3, 2015 52623 Views 7 comments Print

Detailed Procedure Procedure of Incorporation of a One Person Company (OPC) Under Companies Act,2013. Step 1: Acquire DSC. Step 2: Acquire Director Identification Number Step 3: Register DSC on mca website.

Financial Statement, Board Report under Companies Act,2013

February 3, 2015 49439 Views 0 comment Print

Section 134 of the Companies Act,2013 and Rule 8 & 9 of the Companies (Accounts) Rules,2014 deals with the Financial Statement and Board Report. Signing of the Financial Statement: The financial statement, including consolidated financial statement, if any, shall be approved by the Board of Directors and shall be signed by

An Insight Into- Sexual Harassment of Women at Work Place (Prevention, Prohibition and Redressal) Act, 2013

February 3, 2015 10323 Views 0 comment Print

Komal Sahni (BSL, LLB) Introduction – The right to be protected from Sexual Harassment and sexual assault is one of the pillars on which the very construct of gender justice stands. The Sexual Harassment of Women at Work Place (Prevention, Prohibition and Redressal) Act, 2013 (hereinafter referred to as “Act”) stipulates that a woman shall […]

SEBI : Change in investment conditions /restrictions for FPI investments in Corporate Debt

February 3, 2015 346 Views 0 comment Print

.There will, however, be no lock-in period and FPIs shall be free to sell the securities (including those that are presently held with less than three years residual maturity) to domestic investors.

Amends Notification No. 09/2015-Customs (N.T.), Dated the 15th January, 2015

February 3, 2015 367 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 4 and sub-section (1) of section 5 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby appoints the Joint/Additional Commissioner of Customs, Custom House,

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