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Procedure to raise capital for unlisted companies- Companies Act 2013

August 6, 2014 9226 Views 0 comment Print

CA Nitesh More A. A Pvt Ltd is having two members, Mr A & Mrs A. Co wants to raise Rs 2 Lakhs by issue of equity shares.  Mr A & Mrs A do not want to invest further. Even Mrs A wants to sell some shares. However, Mr C wants to invest in the […]

Public Notice No. 68 (RE-2013)/2009-2014, Dated: 06.08.2014

August 6, 2014 340 Views 0 comment Print

As per Public Notice No. 62 dated 26.06.2014, Mono cartons are to be treated as part of Secondary Level Packaging and accordingly the requirement of affixing bar-codes on Mono-carton as Secondary Level Packaging became effective from 26.06.2014. Now the effective date of affixing bar-codes on Mono-carton as Secondary Level Packaging has been deferred to 1stApril, 2015. There shall be no other change in Public Notice No. 62 dated 26.06.2014.

Amendments to various Acts administered by Sales Tax Department

August 6, 2014 1421 Views 0 comment Print

The amended provision has been informed to Sugar Commissioner. If the Sugar Commissioner informs to Commissioner of Sales Tax that a sugar factory has not paid fair and remunerative price to the farmers, then the exemption availed/granted shall stand withdrawn.

Notification – Principal Chief Commissioner and Commissioner of Central Excise

August 6, 2014 634 Views 0 comment Print

sections 5A, 37, 37A and 37B of the Central Excise Act, 1944, (1 of 1944) and of all other powers enabling it in this behalf, the Central Government hereby directs that the references to the authorities specified in column (2) of the Table below, in the rules made or deemed to have been made under the said sections or in any other notifications, instructions, decisions, or orders, issued or made under the said sections or rules or under any other section of the said Act

Form 5 INV is not required to be filed in every case

August 6, 2014 16747 Views 3 comments Print

As per Rule 3 of Investor Education and Protection Fund (Uploading of information regarding unpaid & unclaimed amount lying with companies) Rules 2012, every company (including Non-banking Financial companies and Residuary Non-Banking Companies) shall, within a period of 90-days after the holding of Annual General Meeting or the date on which it should have been held as per the provisions of section 166 of the Act

Minutes of Meeting of Board, Shareholders & Others Under Companies Act,2013

August 6, 2014 17795 Views 0 comment Print

Section 118 of the Companies Act,2013 and Rule 25 of Companies (management and Administration) Rules,2014 deals with the Minutes of Proceedings of General Meeting, Meeting of BoD and other meeting and Resolutions passed by Postal Ballot

Empanelment with SBI for Stock Audit for CA/CMA

August 6, 2014 10586 Views 0 comment Print

State Bank of India, LHO, Bhubaneswar invites applications for empanelment of Stock Auditors from inter-alia companies/firms of Chartered Accountants/cost accountants having their place of business in the State of Odisha. DETAILS, TERMS AND CONDITIONS FOR STOCK AUDITORS: State Bank of India,LHO, Bhubaneswar invites application for empanlment as Stock Auditors from those having their place of […]

MVAT – Computerized Desk Audit (CDA)

August 6, 2014 35182 Views 0 comment Print

The department has selected the cases for comprehensive assessment for the year 2011/12. The facility of CDA will not be available to these assesses. Assesses, in these cases, will be required to attend before the assessing authority for the complete verification of their books of accounts.

Government Employees to be polite, honest and accountable – Amendment in All India Services (Conduct) Rules,1968

August 6, 2014 739 Views 0 comment Print

Every member of the Service shall maintain;- (i) High ethical standards, integrity and honesty ; (ii) Political neutrality (iii) Promoting of the principles of merit, fairness and impartiality in the discharge of duties;- (iv) Accountability and transferancy;

Export benefits / incentives against exports to Iran

August 6, 2014 316 Views 0 comment Print

Para 2.40A: Export proceeds against exports to Iran realized in Indian rupees are permitted to avail exports benefits/ incentives under the Foreign Trade Policy, 2009-14, at par with export proceeds realized in freely convertible currency.

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