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Public Notice No. 33 (RE-2013)/2009-2014, Dated: 24.10.2013

October 24, 2013 355 Views 0 comment Print

In the existing entry of SION at SI. No. A- 3504 of the Product Group “Chemical and Allied Products”, the description of import item no. 1 may be read as “7-Chloro-1-cyclopropyl-6-fluoro-1,4-dihydro-4-oxo-3-Quinoline carboxylic acid” instead of “ 7-Chloro-1-cyclopropyl-6-fluoro-1,4-dihydro-4-oxo-3-Quinoline-3-carboxylic acid.

Tax audit & ROI due date extended to 31.10.2013 for A.Y. 2013-14

October 24, 2013 27585 Views 0 comment Print

In exercise of powers conferred under section 119 of the Income tax Act, 1961, the Central Board of direct Taxes, in continuation to order u/s 119 dated 26.09.2013 in F. No. 225/117/2013/ITA.II, hereby directs that in cases where the ‘due date’ of furnishing reports of audit and corresponding income-tax returns was 30th September, 2013

Attention : Members in practice – Annual eFiling of ROC Returns

October 24, 2013 2137 Views 0 comment Print

Members in practice may kindly note that the Ministry of Corporate Affairs, Govt. of India has recently advised that it would not entertain/accede to any request for extension of last date for e-Filing beyond the expiry/specified date concerned.

CBDT strengthens role of supervisory authorities to streamline Internal Audit System

October 24, 2013 3091 Views 0 comment Print

Reference is invited to Board’s Instruction No. 3 of 2007 dated 17.4.2007 on the New Internal Audit System (hereinafter Instruction). The slow progress of work relating to settlement of Internal Audit Objections and also quality & coverage of internal audit have been a matter of serious concern.

DGFT relaxes export policy for export of Red Sanders wood

October 24, 2013 807 Views 0 comment Print

Government of Andhra Pradesh/DRI shall finalize the modalities including allocation of quantities to various entities, as applicable, for export of the respective quantities within 6 months of issue of this notification and such export must be completed within 6 months thereafter. The whole process of export shall be completed latest by 31st October, 2014.

Norms & Procedure For Designation Of Advocates As Senior Advocates

October 24, 2013 1594 Views 0 comment Print

Notification No. 298/2013 – Income Tax (1) Fifteen years standing at the Bar. In calculating the 15 years standing at the Bar, services rendered as Judicial Officer shall be taken into consideration; (2) Annual declared gross income from profession should not be less than Rs.7,00,000/- for the past three years and should be an income tax assessee for 10 years preceding the date of consideration;

Date Extended for Giving Suggestions on 3rd Tranche of Draft Rules – Companies Act 2013

October 24, 2013 375 Views 0 comment Print

The Ministry of Corporate Affairs has extended by 4 days the last date for accepting suggestions/ comments for the 3rd tranche of Draft Rules being framed under the Companies Act, 2013. Now, such suggestions/ comments can be given till 5th November 2013.

Corporate Pricing Power, Inflation and IIP Growth: An Empirical Investigation

October 24, 2013 579 Views 0 comment Print

Pricing power is generally characterised as the degree to which firms pass through changes in input costs to prices of finished goods. Previous studies have indicated that the degree to which firms pass through both, price increases at competing firms and cost increases, depends upon the level of inflation.

Public Notice No. 32 (RE-2013)/2009-2014, Dated: 23.10.2013

October 23, 2013 433 Views 0 comment Print

In exercise of the powers conferred under Paragraph 2.4 of the Foreign Trade Policy, 2009-2014 and Paragraph 1.1 of Handbook of Procedures (Vol.1), the Director General of Foreign Trade hereby makes the following amendment/modifications in the Handbook of Procedures.

SEBI : General Information Document

October 23, 2013 868 Views 0 comment Print

issued in exercise of the powers conferred under Section 11 read with Section 1 1A of the Securities and Exchange Board of India Act, 1992 read with SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009

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