Anomaly in MGT-10 for disclosure u/s 93 read with Companies (Management and Administration) Rules, 2014. Section 93 requires every listed company to file return in MGT 10 with respect to change in number of shares of promoters and top ten shareholders.
Introduction- India as a developing economy is in dire need of the funds to boost its development. Tax is one of the major sources of Indian government revenue. Direct Taxes are contributing more than the Indirect taxes. To secure the Direct Tax collection and to curb its avoidance; the GAAR was first introduced in the […]
Issue of import authorisation by Regional Authorities of DGFT would commence from 9th January 2015 and end on 15th January 2015. In case, any applicant/firm is found to have submitted false or erroneous information or have made any mis-declaration / misrepresentation, such applicant/firm, (a) shall forfeit the allocation made in this Trade Notice, (b) shall be debarred from allocation of Rough Marble and Travertine Blocks in future and (c) shall be liable for penal action under the provisions of Foreign Trade (D&R) Act, 1992, as amended.
Hereby extend the last date of filling of online return in Form 9 for the year 2013-14, prescribed under Rule 4 of Central Sales Tax (Delhi) Rules, 2005 to 05/02/2015.
Notification No. 02/2015 – Income Tax Central Government, in exercise of the powers conferred by-clause (iii) of sub-section (4) of section 80-IA of the Act, the Central Government hereby notifies the undertaking from the date of commencement i.e. 30.03.2009, being developed by M/s Eldeco SIDCUL Industrial Park Ltd. as an undertaking for the Industrial Park located at Village Chargalia, Jail Camp, Sitarganj, Udham Singh Nagar, Rudrapur, Uttarakhand, 262605 for the purposes of the said clause (iii) subject to the terms and conditions mentioned in the annexure to the notification.
In the Trade Circular No. 15T of 2014 dated 6th August 2014 amendments to various Acts administered by the Sales Tax Department were explained. On page no. 11 and 12 of the said Trade Circular, in pare 5, amendments relating to section 26 of the Maharashtra Value Added Tax Act, 2002 were explained.
Is that 1000 Rupee Note the real thing? Make sure to ask yourself that question next time you get hold of one. It looks like more fake notes are circulating in India than ever before.
The Central Government vide Notification No. 02/2015-Customs (ADD) dated January 7, 2015 has continued the imposition of Anti-Dumping Duty on import of ‘Melamine’, falling under Chapter 29 of the First Schedule to the Customs Tariff Act, 1975, originating in, or exported from People’s Republic of China till February 18, 2016 until revoked earlier.
The Central Government has now deleted the proviso of clause (bd) therein, which specified that the exemption from Customs duty leviable thereon under the Customs Tariff Act, 1975 on import of Bunker fuels for use in ships or vessels till May 11, 2015.
On the issue of share premium money and unsecured loan, the Commissioner held that the order of the Assessing Officer suffers from several defects as the Assessing Officer has not raised any question while recording the statement with respect to the credentials of the applicant companies
