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All about replacement of old notes & Income Tax Provisions

November 12, 2016 24328 Views 7 comments Print

Guidelines for replacement of existing Rs 500 and Rs 1000 notes with new notes and to understand the procedure of scheme and relevant provisions of Income Tax.

Opportunities for Company Secretaries under Goods & Services Tax

November 12, 2016 5524 Views 4 comments Print

Over 150 countries have already implemented the GST. Most of the countries have a unified GST System. Brazil and Canada follow a dual system where GST is levied by both the Union and State Governments. France was the first country to introduce GST System in 1954.

How to get Provisional Login ID & Password to Register on GST Website

November 12, 2016 96571 Views 29 comments Print

Distribution of Provisional Login ID and Passwords as provided by the GST to the existing dealers for enabling them to Log-on the GST Common Portal for GST enrolment as per Model Goods and Services Act (Model GST Law).

Penalty on Cash deposit of Rs.500/1000 note in Bank Account in India

November 12, 2016 67951 Views 35 comments Print

The ban of Rs.500/1000 note in India is creating havoc in the Indian markets. Everybody is either rushing towards banks or towards jeweler market to safeguard the black money.

Compensation Agreements under SEBI Regulations

November 12, 2016 2860 Views 0 comment Print

Compensation agreement is an agreement between the private equity (PE) and the promoters, directors and Key Managerial Person (KMP) of the listed entities whereby the PE agrees to share an agreed proportion of the profits above a certain threshold limit made by them at the time of selling the shares

Types of Assessment under Income Tax Act, 1961

November 12, 2016 13699 Views 0 comment Print

Article Discusses Assessment under Section 143(1)-Scrutiny Assessment, Section 144- Best Judgement Assessment and Section 147- Income Escaping Assessment of Income Tax Act, 1961.

An important point on Enrollment application on GST portal

November 12, 2016 22627 Views 0 comment Print

The GST portal is user friendly, as on the front page state-wise schedule has been put out for enrolment of existing payers of excise duty, service tax and state taxes

Section 186 of Companies Act 2013 – Loan & Investment by company

November 12, 2016 65620 Views 4 comments Print

No investment shall be made or loan or guarantee or security given by the Company unless resolution sanctioning it passed at the meeting of the Board with the consent of all the directors present at the meeting.

Due date of filing DVAT return for 2nd quarter extended to 21.11.2016

November 12, 2016 2167 Views 0 comment Print

I hereby extend the last date of filing of online/hard copy of second quarter return for the year 2016-17, in Form DVAT-16, DVAT-17 and DVAT-48 along with required annexure/enclosures to 21/11/2016.

Sections 8(1) & (2) of Arbitration and Conciliation Act, 1996 are mandatory in nature

November 11, 2016 7299 Views 0 comment Print

Oppugning legality, validity and correctness of the order dated 10-2-2014 passed by the trial Court (judicial authority) in Civil Suit No. 207-A/2013 by which that Court in exercise of power conferred under Section 8(1) of the Arbitration and Conciliation Act, 1996 (hereinafter called as the ‘AC Act, 1996’) relegated the parties to arbitration finding prima facie valid arbitration agreement existed between the parties and the dispute to be capable of settlement by arbitration, these two revision petitions have been preferred under Section 115 of the Code of Civil Procedure, 1908, one by the plaintiff and another by defendant No. 1 Bank stating the impugned order to be unsustainable in law. [Parties will hereinafter be referred as per their status shown in the suit before the trial Court.]

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