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Notification No. 60/2014-Customs (N.T.) Dated: 08.08.2014

August 8, 2014 250 Views 0 comment Print

for the purpose of adjudicating the matters relating to show cause notice pertaining to M/s Om Tex, situated at 47, Madhu Nagar Society, Surat

Notification No. 59/2014-Customs (N.T.) Dated: 08.08.2014

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n 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

Notification No. 58/2014-Customs (N.T.) Dated: 08.08.2014

August 8, 2014 1192 Views 0 comment Print

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

No addition in search assessment in respect of an unabated assessment which has become final if no incriminating material is found during search

August 8, 2014 3993 Views 0 comment Print

A plain reading of Section 153A of the Income-tax Act, it becomes clear that on initiation of proceedings under Section 153A, it is only the assessment/reassessment proceedings that are pending on the date of conducting search under Section 132 or making requisition under Section 132A

Appointment of Additional, Alternate and Nominee Director – Companies Act, 2013

August 8, 2014 118941 Views 5 comments Print

Appointment of Additional Director, Alternate director and Nominee Director. Section 161 of the Companies Act,2013 deals with the Appointment of Additional Director, Alternate Director and Nominee Director

Salient Features of Finance (No. 2) Bill, 2014 / Budget 2014

August 8, 2014 6373 Views 0 comment Print

The excitement over the Budget is usually high. Despite the fact that we have in India around 4 Crore tax payers out of a population of more than 120 Crore, still everyone has an interest in the Budget. The media, both print and electronic, and the financial sector add to this excitement. This time with the new Government headed by Shri Narender Modi Ji having assumed power on the slogan of good days to follow, the expectation from the Budget was exceptionally high.

Finance (No.2) Bill, 2014 enacted into Finance (No.2) Act, 2014

August 8, 2014 6533 Views 0 comment Print

Finance(No. 2) Bill, 2014 has received the assent of the President on 6th August, 2014, published in the Gazette of India, dated 6th August 2014 as Act No. 25 of 2014.  Honorable President of India has assented to the Finance (No.2) Bill, 2014 on 6th August, 2014, with this  the Finance (No.2) Act, 2014 [No.25 of 2014 has […]

Accounting Treatment of Expenditure Incurred on Stamp Duty and Registration Fees for Increase in Authorized Capital

August 8, 2014 31092 Views 0 comment Print

Issue – The company is a registered non-banking financial company and is engaged in the business of lending for purchase of equipments. The company has received share application money and to allot further equity shares, the shareholders of the company have approved increase in authorized share capital. The company has incurred an expenditure toward stamp […]

Your Rights as a Taxpayer in America

August 8, 2014 2538 Views 0 comment Print

The Internal Revenue Service, USA  on 10th June 2014  unveiled a ‘Taxpayers’ Bill of Rights’ that groups together the existing rights of taxpayers of America into  10 broad categories, which are as follows :- The Taxpayer Bill of Rights This publication explains your rights as a taxpayer in America . 1. The Right to Be […]

Empanelment with SBI for Concurrent Audit in Maharashtra and Goa

August 8, 2014 1526 Views 0 comment Print

Applications are invited from partnership Firms of Chartered Accountants of RBI Grade 2/3 situated in the state of Maharashtra & Goa for carrying out Concurrent Audit on full time contractual basis (renewal every year at Bank’s discretion, at its selected branches / Credit Processing Centres (CPC) situated in the state of Maharashtra and Goa.

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