Tribunal noted that the respondent had claimed the set off of its business income of Rs. 1.85 crores against the brought forward business losses of the earlier years on the basis of a legal opinion received from a leading firm of Chartered Accountants dated 15.06.2001.
No. SEBI/LA D/N RO/GN/201 6-1 7/01 7.─In exercise of the powers conferred under section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board hereby makes the following Regulations to further amend the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009
Definition of Aggregate turnover has been modified. Non-taxable supplies have been excluded from the aggregate turnover, while inter-state supplies were added. This is a right move as non-taxable supplies cannot be part of aggregate turnover.
1. These regulations may be called the Securities and Exchange Board of India (Employees’ Service) (Amendment) Regulations, 2016. n2. They shall come into force on the date of their publication in the Official Gazette.
S.O. 3592(E).—Whereas by notifications of the Government of India, in the Ministry of Finance (Department of Revenue) issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified projects/schemes for exemption
Notice inviting Tender/offer to conduct Internal Audit from reputed Chartered / Cost Accountants Firm by Heavy Engineering Corporation Ltd.
After banning the 500/1000 currency notes, there were panic all around the country. Everybody was running for solution but no one finding it so. Government was keeping a close eye on every activity of the people. Further, people were finding the illegal ways to convert their black money.
It is a settled position that revenue subsidies received from the Government towards reimbursement of cost of production/manufacture or for sale of the manufactured goods are part of profits and gains of business derived from the Industrial Undertaking/ eligible business, and are thus, admissible for applicable deduction under Chapter VI-A of the Act.
In this E-book, attempts have been made to explain about Remission of Central Excise Duty. It is expected that it will help departmental officers in their day to day
Companies Act, 2013 requires Board of Directors of every company to present Financial Statements to shareholders along with their Report known as the Report of Board of Directors or Boards Report.
