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Applicability of Companies Act, 2013 & rules for CA IPC & Final November 2014 exams

May 22, 2014 1835 Views 0 comment Print

Attention of students is invited to the announcement dated 15th March, 2014 hosted on the students’ portal at http://220.227.161.86/32800bos-announ15mar14.pdf regarding applicability of 53 sections and 45 sections of the Companies Act, 2013 for November 2014 examinations for Intermediate (IPC) and Final Course respectively.

Provisions of Companies Act 2013 notified till 30th Sept, 2014 would be applicable for May 2015 exams

May 22, 2014 7025 Views 0 comment Print

This is to bring to the notice of students that the relevant sections of the Companies Act, 2013 notified till 30th September, 2014 would be applicable for May 2015 examinations in respect of the following papers:

Place of Provisioning of Services Rules, 2012 (POPS Rules, 2012)

May 22, 2014 116687 Views 10 comments Print

Applicable from 01.07.2012, Section 66B of the Finance Act, 1994 provides that service tax shall be leviable on the value of service provided or agreed to be provided by one person to another within taxable territory. Thus, only services rendered in taxable territory is taxable. Hence, it is essential to determine the place where the services are provided or agreed to be provided.

Write a will to ensure your legacy does not get mired in legal disputes

May 22, 2014 2531 Views 0 comment Print

Our last week’s article on Tax Implications of receiving Gifts invited a lot of feedback from our readers, and to be honest we received a total of 108 queries on multifarious aspects of receiving gifts. This was highest feedback we received so far on any of our articles. We have replied to most of them; […]

Companies exclusively listed on De-recognized/Non-operational Stock Exchanges

May 22, 2014 6045 Views 0 comment Print

The provisions of this Circular are applicable for all those stock exchanges which have not achieved the prescribed turnover of Rs. 1000 Crore on continuous basis on or before May 30, 2014.

Notification No. 24/2014-Customs (ADD), Dated: 21.05.2014

May 21, 2014 1522 Views 0 comment Print

Notification No. 24/2014-Customs (ADD) Seeks to levy definitive anti-dumping duty on imports of Methylene Chloride, originating in or exported from the European Union, United States of America and Korea RP for a period of five years from the date of imposition of the provisional anti-dumping duty, that is, 21st October, 2013

BJP's Announcements on Tax Front in Election Manifesto 2014

May 21, 2014 9207 Views 0 comment Print

We are producing below the BJP’s announcement on tax from as made by them in their Election Manifesto for 2014 Lok Sabha Elections :- Taxation UPA Government has unleashed ‘Tax terrorism’ and ‘uncertainty’, which not only creates anxiety amongst the business class and negatively impacts the investment climate, but also dents the image of the […]

RBI allows advance up to a maximum tenor of 10 years for execution of long term supply contracts for export of goods

May 21, 2014 2995 Views 0 comment Print

In view of requests received from exporters, it has been decided to permit AD Category- I banks to allow exporters having a minimum of three years’ satisfactory track record to receive long term export advance up to a maximum tenor of 10 years to be utilized for execution of long term supply contracts for export of goods subject to the conditions as under:

RBI issues Guidelines for import of gold under 20:80 scheme

May 21, 2014 1922 Views 0 comment Print

Star Trading Houses / Premier Trading Houses (STH/PTH) which are registered as nominated agencies by the Director General of Foreign Trade (DGFT) may now import gold under 20:80 scheme subject to the following conditions:

RBI – Need for Bank Branches / ATMs to be made accessible to persons with disabilities

May 21, 2014 862 Views 0 comment Print

We have been receiving several suggestions from members of public through Government of India and otherwise, on facilitating easy access to bank branches and ATMs by persons with disabilities for undertaking day to day banking transactions. We have examined such suggestions.

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