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S. 80IA Option of choosing initial assessment year – ITAT distinguishes special bench judgment in case of Gold Mine Shares

December 27, 2013 2339 Views 0 comment Print

Sadbhav Engineering Ltd. vs. Dy. CIT (ITAT Ahemdabad)- In the instant case, the assessee claimed deduction u/s.80IA(4) of the Act for all the years which were disallowed by the AO on the ground that as per provisions of section 80IA(5) of the Act the computation of deduction has to be done by setting off of brought forward losses and depreciation of eligible business against their respective eligible incomes.

Borrower’s Concise Guide to Bank Loan

December 27, 2013 2354 Views 0 comment Print

Security is taken generally to make certain that bank is able to secure repayment of loan when operations collapse. However, security may also be taken to prevent third parties to deal with the assets. Generally, hypothecation of movable property, mortgage on immovable property,

SEBI : Notification regarding establishment of Local Office of Board at Raipur

December 26, 2013 460 Views 0 comment Print

In exercise of the powers conferred by sub-section (4) of section 3 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board has established its Local Office at Raipur under the administrative control of its Western Regional Office- II at Ahmedabad.

SEBI : Notification regarding establishment of Local Office of Board at Panaji

December 26, 2013 451 Views 0 comment Print

No. LAD-NRO/GN/2013-14/33/33661 .– In exercise of the powers conferred by sub-section (4) of section 3 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board has established its Local Office at Panaji under the administrative control of its Western Regional Office-II at Ahmedabad.

Notification No. 32/2013-Central Excise ; Dated : 26.12.2013

December 26, 2013 640 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India, in the Ministry of Finance (Department of Revenue), No. 12/2012-Central Excise, dated the 17th March, 2012.

Notification No. 97/2013-Income Tax , Dated : 26.12.2013

December 26, 2013 511 Views 0 comment Print

Government of India Ministry Of Finance Department Of revenue Central Bord Of Direct Taxes Notification No. 97/2013 Dated : 26.12.2013 Download Full Text of The Notification Read Notification Below

Notification No. 53/2013-Customs Dated: 26/12/2013

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113 Kameng Hydro Electric Power Project, Arunachal Pradesh-600 MW [North Eastern Electric Power Corporation Ltd. (NEEPCO)]

Seeks to amend notification no. 93/2009-Cus, dated 11.09.2009 related to FMS

December 26, 2013 901 Views 0 comment Print

G.S.R. 791 (E). – In exercise of the powers conferred by sub section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 93/2009-Customs, dated the 11th September, 2009 published in the Gazette of India

Amend Notification No 30/2012 – CE, dated 09.07.2012 related to Focus Market Scheme

December 26, 2013 1054 Views 0 comment Print

G.S.R. 793 (E). – In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), read with sub-section (3) of section 3 of the Additional Duties of Excise (Goods of Special Importance) Act, 1957 (58 of 1957) and sub-section (3) of section 3 of the Additional Duties of Excise

Notification No. 61 (RE-2013)/2009-2014, Dated: 26.12.2013

December 26, 2013 556 Views 0 comment Print

In exercise of powers conferred by Section 5 of the Foreign Trade (Development& Regulation) Act, 1992 (No. 22 of 1992) read with Para 1.3 of the Foreign Trade Policy, 2009-2014, the Central Government amends para 2 of Notification No.03(RE-2012)/2009-14 dated 29.06.2012 read with Notification No.59(RE-2013)/2009-14 dated 19.12.2013 with immediate effect

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