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Extension of facility of Direct Port Delivery to main importers

December 19, 2016 2395 Views 0 comment Print

In order to reduce dwell time and cost associated with import at Nhava Sheva, it has been decided to extend Direct Port Delivery (DPD) permission to importers

Step up efforts to recover outstanding demand- CBDT

December 19, 2016 1405 Views 0 comment Print

It may be pointed out that the target of cash collection from arrear demand was fixed very modestly at Rs.53,981 crore in the Central Action Plan for 2016-17 as against very large amount of arrears outstanding. However. till the end of November, 2016

Delegations of Powers to Regional Directors U/s. 458 of CA, 2013

December 19, 2016 5254 Views 0 comment Print

Central Government hereby delegates to the Regional Directors at Mumbai, Kolkata, Chennai, New Delhi, Ahmedabad, Hyderabad and Shillong, the powers and functions vested in it under the following sections of the said Ac

Response to Common queries of CIT(Appeals) – reg.

December 19, 2016 6661 Views 0 comment Print

There is no functionality in the code of the CIT(A) to transfer the appeals on system after the same has been physically transferred

Registration of FIR is not necessary before arresting a person U/s. 104 of Customs Act

December 19, 2016 7153 Views 0 comment Print

It is apparent that the proceedings conducted by an officer of the Central Excise are vitally different from the investigation by a police officer. It is implicit that a person who is making a statement before a Central Excise Officer can be called upon to sign the statement. On a combined reading of Sections 13 and 14, it is clear that an officer of the Central Excise is not a mere police officer. He is different. He is even more. A substantive power to arrest has been conferred on him under Section 13. The proceedings conducted by him are judicial. The person who is interrogated is bound to state the truth.

Proposals for setting up of new SEZs and MHA clearance – Regarding.

December 19, 2016 2347 Views 0 comment Print

No. F.2/7/2016-SEZ Government of India Ministry of Commerce and Industry  Department of Commerce (SEZ Section) Udyog Bhawan, New Delhi Dated: 19th December, 2016 To The Development Commissioners Special Economic Zone Subject: Proposals for setting up of new SEZs and MHA clearance – Regarding. Sir/Madam, I am directed to say that National Security Clearance is required […]

CBT recommends 8.65% interest on EPF for the year 2016-17

December 19, 2016 1651 Views 0 comment Print

Central Board decided to recommend 8.65% interest to its subscribers for the year 2016-17. Roughly 17 crore subscribers’ accounts will be updated with this interest rate upon acceptance by the Government.

CBDT committee to suggest effective scrutiny assessment measures

December 19, 2016 3214 Views 9 comments Print

Constitution of Committee to give recommendations regarding how to make effective assessment through the use of departmental database/ e-system-reg.

Analysis of Pradhan Mantri Garib Kalyan Yojana Rules, 2016

December 18, 2016 10840 Views 0 comment Print

Article explains Major Amendments made in Income Tax post 8th Nov 2016 and Pradhan Mantri Garib Kalyan Yojana Rules, 2016-

Supreme Court clarifies Offer Period under SEBI regulations

December 18, 2016 4477 Views 0 comment Print

Supreme Court clarified on the term ‘offer period’ under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997

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