Service Tax officials have arrested Myron John Remedios, managing director of Rare Hospitality and Services Pvt Ltd, on the charge of collecting service tax to the tune of Rs 4.5 crore and not remitting the same to the department. The Managing Director of the company was allegedly involved in the day to day operations of […]
Whereas, the designated authority vide notification No. 15/28/2013-DGAD dated the 18th February 2014, published in the Gazette of India, Extraordinary
In sub-clause 8.2 of Part II regarding maintenance of records pertaining to identity of clients: The words The records of the identity of clients have to be maintained and preserved for a period of ten years from the date of cessation of transactions between the client and intermediary, i.e. the date of termination of an account or business relationship between the client and intermediary.
Notification No. 73 (RE-2013)/2009-2014 Export of onion has been made free. Earlier export of onion at Sl. No. 51 & 52 was permitted through STEs.
Himanshu Gupta Investors who desire predictable real cash flows can now include indexed bonds in their portfolios. The certain real return will be attractive to investors who are particularly risk averse. It will also be attractive to savers who want to protect their savings from being eroded by inflation. More generally, inflation-indexed bonds can be […]
Normally, if assessee is engaged in manufacturer on job work basis, he has to pay duty on material cost plus job charged. However, if a product covered under MRP provision is manufactured on job work basis, duty will be payable as per provisions of section 4A, i.e. on basis of MRP less abatement.
Investing in the stock market can never be easy with only one source of information. Very often, the investors of the stock market conduct their own analysis rather than hiring stock market experts. These investors are reliant on the information that is presented to them by external sources or they normally generate their own trends for the stocks that they invest in.
.It is observed from the information provided by the depositories that the companies listed in Annexure ‘A’ have established connectivity with both the depositories.
A Dealer had applied for registration on 27th December 2013 under Voluntary Registration Scheme and was granted registration on 15th February 2014. This dealer is required to file quarterly return for the QE 31St December 2013 on or before 21st January 2014.
A declaration to be furnished by the firm that credit facilities availed by the firm or the partners or firms in which they are partners or directors including any facility availed by a third party for which the firm or its partners are guarantors are not turned or are existing as nonperforming assets as per the prudential norms of RBI.
