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MCA revises monetary limit for special resolution for transactions with Related Parties

August 14, 2014 9164 Views 0 comment Print

1. (1) These rules may be called the Companies (Meetings of Board and its Powers) Second Amendment Rules, 2014.

Dispute Resolution Panels reconstituted at Mumbai and Pune

August 13, 2014 5002 Views 0 comment Print

In exercise of the powers conferred by clause (a) of sub-section (15) of section 144C of the Income-tax Act, 1961(43 of 1961) read with Income-tax (Dispute Resolution Panel) Rules, 2009 as amended from time to time and in supersession of earlier Orders constituting Dispute Resolution Panels at Mumbai and Pune, the Central Board of Direct Taxes hereby constitutes the Dispute Resolution Panels at Mumbai and Pune comprising of three Commissioners of Income-tax as Members of the said Panels with a Reserve Member in each Panel in accordance with Rule 3(3) of the Income-tax (Dispute Resolution Panel) Rules, 2009 as under:

Appointment of Director elected by Small Shareholders- Sec-151

August 13, 2014 20302 Views 0 comment Print

Section 151 of the Companies Act,2013 and Rule 7 of the Companies (Appointment and Qualification of Directors) Rules,2014 deals with the appointment of director elected by small shareholder.

Seeks to extend the validity of notification No. 119/2010-Customs dated 19.11.2010 for a further period of one year

August 13, 2014 652 Views 0 comment Print

Now, therefore, in exercise of the powers conferred by sub-sections (1) and (5) of section 9A of the Customs Tariff Act and in pursuance of rule 23 of the said rules, the Central Government hereby makes

A beginning for REITs in India – SEBI finalises REITs regulations

August 13, 2014 3351 Views 0 comment Print

Real estate investment trusts (REITs) has been one of the most important vehicles for making collective investment in commercial real estate. Emanating in the USA in 1960s as a tax transparent collective investment vehicle, REITs have subsequently been used by several other countries, and have done remarkably well. REITs provide a way of making a diversified investment in realty

MoC urges Finance Minister to restore MAT and DDT exemption to SEZ

August 13, 2014 2206 Views 0 comment Print

As per the original provisions under the Special Economic Zones (SEZs) Act, 2005 and Rules, 2006, exemption from Minimum Alternate Tax (MAT) in the case of SEZ Developers and Units as also the exemption from Dividend Distribution Tax (DDT) for SEZ Developers were granted.

CPC (TDS) asks Govt. Deductors to quote AIN details in TDS Statements

August 13, 2014 4879 Views 0 comment Print

As per the records of the Centralized Processing Cell (TDS), it has been observed that the Accounts Office Identification Number (AIN) has not been mentioned in the TDS statements submitted by you. What is AIN and its relevance : AIN is a unique seven digit number allotted by NSDL, to the Pay and Accounts Office […]

CAG’s Appointment – Delhi High Court Judgment

August 13, 2014 2368 Views 0 comment Print

The Delhi High Court has dismissed two writ petitions filed by N.Gopalaswami (Former CEC) & others and Manohar Lal Sharma, Advocate challenging the appointment of Shri Shashi Kant Sharma as CAG of India made in May 2013

Seeks to levy safeguard duty on imports of Seamless Pipes and Tubes into India for a period of two and a half years

August 13, 2014 1066 Views 0 comment Print

Now, therefore, in exercise of the powers conferred by sub-section (1) of section 8B of the Customs Tariff Act, read with rules 12, 14 and 17 of the Customs Tariff (Identification and Assessment of Safeguard Duty) Rules, 1997, the Central Government after considering

Download Finance(NO.2) Act, 2014 assented by President of India

August 12, 2014 18622 Views 0 comment Print

We are Enclosing herein below copy of  Finance(NO.2) Act, 2014 assented by Hon’ble President of India. Download Download Finance(NO.2) Act, 2014 assented by President of India Submitted by –Sumit Grover Read Other Articles from CA Sumit Grover

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