Follow Us:

Protecting Language Diversity in India

March 3, 2017 1776 Views 0 comment Print

In recent years the language diversity is under threat as speakers of diverse languages are becoming rare and major languages are adopted after abandoning the mother tongues. The problem needs to be addressed at societal level, in which the communities have to take part in conservation of language diversity that is part of cultural wealth.

India firm to ensure equity on World Social Justice Day

March 3, 2017 714 Views 0 comment Print

The time has come to move the developmental discourse beyond the current discussion of outcomes of opportunities and ensure a framework for free environment of opportunities and coherent redistributive policies that would make the global society equitable.

ISRO makes history by placing 104 satellites in space in single mission

March 3, 2017 807 Views 0 comment Print

Professor Johnson-Freese says, recognition of the multifaceted benefits from space exploration and space technology dates back to the Apollo program. He said, Asian countries have been following that model and seeking those benefits ever since. To date India has launched 79 satellites from 21 countries, including satellites from big companies like Google and Airbus. According to Government figures, India earned at least 157 million dollars from these launches, he said.

Government e-Marketplace Procurement Made Smart

March 3, 2017 1158 Views 0 comment Print

If pursued to its logical conclusion, GeM would eventually emerge as the National Public Procurement Portal, keeping in tune with the Global best practices; most of the OECD countries, like USA, South Korea, UK, Singapore etc, have a single NPPP and as a result annual savings of billions of dollars are made in public procurement, besides giving a fillip to the domestic industry.

Exposure Draft on Information and Cyber Security Framework for Insurance Sector

March 2, 2017 1911 Views 0 comment Print

Cyber security in financial sector has gained importance, more so with the advent of technological innovations. In this connection, IRDAI has planned to come out with a comprehensive Information and cyber security framework for Insurance sector covering various aspects for designing a suitable information & cyber security policy by the regulated entities, establishment of appropriate Governance structure for implementation of Information & Cyber Security policy and audit mechanism to mitigate cyber risks.

Levy not specified in SCN cannot be levied by Settlement Commission

March 2, 2017 1041 Views 0 comment Print

This is an appeal preferred against the judgement of the learned Single Judge, dated 12.09.2016. 2. By virtue of the said judgement, the learned Single Judge disposed of a batch of writ petitions, which included, the writ petition filed by the appellant, before us.

Deficit incurred in earlier years by a Trust can be treated as application of Income in Subsequent year

March 2, 2017 5922 Views 0 comment Print

Deficit incurred by a trust could not be treated in the same way as that of a loss sustained by an assessee under the head ‘profits and gains of business or profession‘ for such deficit to be furnished in a return and verified. The same was to be allowed to be set off against surplus […]

No disallowance for Non deduction of TDS on amount paid to Tata Group Companies

March 2, 2017 6771 Views 0 comment Print

In the present appeal, the assessee is aggrieved by the action of the Commissioner of Income Tax (Appeals)-Jamnagar [CIT(A)- in short] in confirming the addition of Rs.3,25,528/- made by the Assessing Officer (AO) under s.40(a)(ia) of the Income Tax Act, 1961 (hereinafter referred to as the Act).

Migration of Service Tax Assessees to GST: – Reg.

March 2, 2017 3768 Views 0 comment Print

As you are aware that, the process of migration of the existing Service Tax assesses to GSTN is on. All the existing Service Tax assesses have been assigned provisional user ID and password for migration which can be viewed at www.aces.gov.in.after login with your current TIN and Password.

ITAT confirms addition in respect of accommodation entries by Paper/ Shell Companies

March 2, 2017 8280 Views 0 comment Print

Revenue is believed to prove that the activities undertaken by the alleged company are not meeting commercial prudence and the working of this company is merely to provide accommodation entries.

Search Post by Date
June 2026
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
2930