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 […]
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 […]
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.
Services provided by banks The banking sector is not merely an agent who accepts deposits and lends money. They provide a host of other functions like paying cheques drawn on customers account, collecting cheques deposited on customers account, enabling payments to customers via telegraphic transfer, automated clearing house, electronic transfer, etc, providing locker facilities, following […]
Manufacturers of export products covered under SIONs A-1 170, A-3627 , K-134 and SION A-1443 (instead of SION A-1143 mentioned in PN 30 dated 4.10.13), and the concerned Export Promotion Councils/Associations are requested to submit production and consumption data for further review of these SIONs as soon as possible but not later than Wednesday, the 27th of August, 2014. Failure to provide the data, so required by the specified date would result in stoppage of the benefit of Advance Authorization / DFIA for export products covered by these SIONs and the SIONs would be modified based on available data.
The result of the Chartered Accountants Final Examination held in May/June, 2014 is likely to be declared today on Friday, the 8th August, 2014 around 2.00 P.M. and the same as well as the merit list (candidates securing a minimum of 55% and above marks and upto the maximum of 50th Rank and in accordance […]
It’s 9 am, and Amar realises he has to deposit a cheque that his previous company has given him. Not only that, he is late for an important client meeting and he has just missed the last direct bus to office. Not to mention, he intended to transfer the amount to his parents as soon […]
What is a Land Development Agreement Land Development Agreement also known as Joint Development Agreement is one of the arrangements commonly resorted to by the builders/developers nowadays to develop and sell properties. There are two parties to this agreement, a Land owner and a Builder. It is sometimes also a tripartite agreement between the land […]
Rule 5A(2) of the ST Rules, 1994 provides that every assessee has to provide to the officer authorized by the commissioner or CAG to produce records maintained by the assessee. Brief Facts: Theappellant ‘Travelite (India)’ is a registered assessee under the Service Tax. It received a notice from the Commissioner of Service Tax seeking records […]
The petitioner establishment contended that since manufacturing of ‘rusk’ is not mentioned in Schedule 1 to the Act, therefore the EPF & MP Act, 1952 is not applicable to them.