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Advance Tax Due Date in Jammu & Kashmir extended from 15.09.2014 to 15.12.2014

September 19, 2014 1067 Views 0 comment Print

Considering the large-scale devastation in the State of Jammu and Kashmir due to the natural calamity, the Central Board of Direct Taxes (CBDT) has extended the date for payment of second instalment of advance tax for companies and first instalment of advance tax for others for FY 2014-15 (AY 2015-16) from 15th September, 2014 to 15th December, 2014

World’s factory and back office need to combine

September 19, 2014 950 Views 0 comment Print

In an special article titled Towards an Asian century of prosperity in the Hindu daily, Chinese President XI Jinping said that “the combination of the ‘world’s factory’ (China) and the ‘world’s back office’ (India) will produce the most competitive production base and the most attractive consumer market.

CBDT seeks inputs from officials to improve assessment order quality & to reduce litigation

September 18, 2014 1569 Views 0 comment Print

Officers are requested to send their inputs/ suggestions for improving quality of assessment orders, to strengthen the institution of CIT (A) and possible steps that can be taken to reduce litigation by the department before the ITAT to Member Secretary of the Committee through e­mail at [email protected].

Exchange Rate of Foreign Currency WEF 19th September, 2014 Relating to Imported and Export Goods Notified

September 18, 2014 2014 Views 0 comment Print

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in super session of the notification of the Government of India in the Ministry of Finance (Department of Revenue)

Amends Notification No. 12/97-Customs (N.T.), Dated the 2nd April, 1997

September 18, 2014 394 Views 0 comment Print

In exercise of the powers conferred by clause (aa) of sub-section (1) of section 7 of the Customs Act,1962 (52 of 1962), the Central Board of Excise and Customs, hereby makes the following further amendments in the notification of the Government of

Is Articleship Important for a CA student?

September 18, 2014 24828 Views 1 comment Print

When students approach me and ask whether they should do articleship in a CA firm or should they take a dummy, I get very sad and disappointed.  I am very sure that our Institute of Chartered Accountants of India at the time of envisioning this great profession would have never ever imagined students asking this […]

Seeks to amend notification No. 12/2012-Cus Dated: 17.3.2012

September 18, 2014 496 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby makes the following further

Seeks to amend Notification No 39/96- Customs, dated the 23rd July, 1996

September 18, 2014 325 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further

Notification No. 41/2014-Customs (ADD) Dated: 18.09.2014

September 18, 2014 958 Views 0 comment Print

Seeks to levy definitive anti-dumping duty on imports of sulphur black, originating in or exported from People”s Republic of China, for a period of five years.

Companies (Appointment and Qualification of Directors) Amendment Rules, 2014

September 18, 2014 10750 Views 0 comment Print

Every director, functioning as a director in one or more companies on or before the 3011′ June, 2007 and who has not yet intimated his DIN to such company or companies shall, within one month of the receipt of Director Identification Number from the Central Government, intimate his Director Identification Number to the company or all companies wherein he is a director as per Form DIR-3B.

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