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Validity of differential Stamp duty on Instruments executed outside Maharashtra under Bombay Stamp Act, 1958

January 9, 2018 23241 Views 0 comment Print

The Indian Hume Pipe Co. Ltd. Vs. State of Maharashtra (Bombay High Court)  The bench noted that, in the present case, the deed is used in the State of Maharashtra for registering a charge by lodging a verified copy of the deed in the office of the Registrar of Companies in accordance with sections 125 […]

21 Suggestions for Simplification of GST

January 9, 2018 21300 Views 4 comments Print

Suggestions for Making GST, Sweet & Simple. Contents at a Glance: 1. Registration for All Traders & Service Providers, with Exemption, for Small Scale Suppliers from Collecting & Remitting GST: 2. Exemption (Threshold) Limit May Cover Inter-State Sale also 3. Abolition of Casual Trader Category 4. Single Point Registration and One GST Regn. No. for […]

IRDAI (Obligatory Cession), Notification, 2018

January 9, 2018 4368 Views 0 comment Print

Central Government, hereby makes following notification namely: Obligatory Cession. This notification shall be applicable to Indian Re insurers and other applicable insurers as per the provision of Section 101A of Insurance Act, 1938.

Transition period for registering under REX for GSP extended up to 30.06.2018

January 9, 2018 1782 Views 0 comment Print

Transition period for registering under the Registered Exporters System (REX) for EU Generalized System of Preferences (GSP) has been extended up to 30.06.2018.

FAQs on ICAI Advanced ICITSS-Test

January 9, 2018 131064 Views 11 comments Print

The Institute of Chartered Accountants in India (ICAI) released Frequently Asked Questions (FAQs) on Advanced Integrated Course on Information Technology and Soft Skills (AICITSS) and Advanced IT Course and Test.

Clarifications on requirement for completion of Advanced ICITSS-Test

January 9, 2018 5097 Views 0 comment Print

Clarifications on the requirement for completion of Advanced ICITSS course and the Advanced IT Test there under, with reference to eligibility to appear in CA Final examination, under Final (Old) and Final (New) Syllabus.

Order No. 10/2018: Transfer & Postings of officers in ACIT / DCIT grade

January 9, 2018 1659 Views 0 comment Print

Order No. 10 of 2018 The following postings/ transfers in the grade of Assistant/ Deputy Commissioner of Income Tax are, hereby, ordered with immediate effect and until further orders:-

APEDA enlisted under Appendix 2E of FTP 2015-2020

January 9, 2018 810 Views 0 comment Print

Agricultural and Processed Food Products Export Development Authority (APEDA), is enlisted under Appendix 2E of FTP, 2015-2020 for issuing Certificate of Origin (Non-Preferential).

Actionables pursuant to passing of Companies (Amendment) Act, 2017

January 9, 2018 2784 Views 0 comment Print

In accordance with the amendments proposed in Companies (Amendment) Act, 2017, companies are required to take care of the impacts of the same on the provisions of the Companies Act, 2013 while carrying out its operations in order to avoid non-compliance and penalties prescribed under Companies Act, 2013.

Notice against other noticees gets invalidated if SCN against main Noticee is Set Aside

January 9, 2018 3024 Views 0 comment Print

The Show Cause Notice has to be viewed in its entirety and cannot be vivisected as may be convenient for the Revenue. Thus, if a show cause notice is found as not valid or issued without jurisdiction in respect of the main protagonist, the very same SCN cannot be held as sustainable for other noticees like the appellants herein.

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