Where AO allowed set off of interest earned on fixed deposits against interest payable on borrowings then such allowance was erroneous and prejudicial to revenue, therefore, CIT rightly invoked revisionary jurisdiction.
Commission felt that DoP&T and Department of Posts necessarily need to coordinate and initiate steps to introduce RTI stamps or numbered RTI coupons to eliminate prevailing ambiguity with regard to Rule 06 of the RTI Rules, 2012, on the mode of payment of RTI Fee keeping in view the experience in handling similar issues on a day to day basis.
A centralised database of cyber criminals should be maintained to keep a check and discourage cyber criminals from engaging in spurious activities in cyberspace, according to a recent ASSOCHAM- Mahindra EY joint study. There is a need to establish a centralised repository for cyber security standards, best practices and guidelines, which can be used by law enforcement agency for preventing and investigating cyber crime, noted the conducted by The Associated Chambers of Commerce and Industry of India (ASSOCHAM) jointly with EY.
The desire to succeed, right intentions and obstacles make a man. This is what Actor Boman Irani sought to purvey in ‘The Journey: Life, Learning & Leadership Lessons’ at a session organised by FICCI Ladies Organisation (FLO) here today.
It has come to the notice of the Authority that few insurers are interpreting the captioned circular in a manner which would delay the release of fund value under discontinued unit linked products even when the policyholders have opted for complete withdrawal within the lock-in period or when no option is exercised.
S.O. 1420(E).-In exercise of the powers conferred by sub-section (1) of Section 43 of the Prevention of Money-laundering Act, 2002 (15 of 2003) and in consultation with the Chief Justice of the concerned High Court, the Central Government hereby makes the following further amendments in the notification of the Government of India, Ministry of Finance (Department of Revenue) number S.O. 372(E), dated the 5th February, 2016, namely
ICAI Request to give feedback and improvement ideas in the present service delivery of the Ministry of Corporate Affairs as desired by National Productivity Council (NPC).
ICSI Council of the Institute has approved following Revision in existing guidelines for transfer of training from one trainer to another trainer w.e.f 01.06.2017
In exercising its power under Section 15 of CS Act 1980, the Council of the Institute has approved the following eligibility criteria for registration of CS firms & LLPs for imparting training to CS Students w.e.f 01.06.2017
It has been decided that aadhaar may not be insisted for pension (10 D) claims for members working in establishments located in the North Eastern states till 30.09.2017.
