The CBDT has vide letter dated 27.11.2013 released a list of 37 officers who are being considered for promotion to the grade of Chief Commissioner of Income-tax in the pay scale of Rs. 67,000 to 79,000 against the vacancies for the year 2013-14 (Regular DPC) and 2012-13 (Supplementary DPC)
Notification No 14/2013 – Central Excise ( N.T.) -Dated : 22nd November, 2013 In exercise of the powers conferred by section 37 of the Central Excise Act, 1944 (1 of 1944), the Central Government hereby makes the following rules to further amend the Central Excise Valuation (Determination of Price of Excisable Goods) Rules, 2000, namely:-
The Service Tax Voluntary Compliance Encouragement Scheme (VCES) has come into effect from 10.5.2013. Most of the issues raised with reference to the Scheme have been clarified by the Board vide circular Nos. 169/4/2013-ST, dated 13.5.2013 and No. 170/5/2013-ST, dated 8.8.2013.
The payment of tax under MVAT Act, 2002 and CST Act, 1956 by way of e-payment was made mandatory from March, 2011. It has been reported to this office by some of the dealers and the Banks that they made certain mistakes while making e-payment.
Consequent to notification of Sec 185 of Companies Act 2013 (dealing with loans to directors) and which is corresponding to Section 295 of the Companies Act, 1956, MCA has received several representations. Section 186 of the Companies Act, 2013 is yet to be notified.
Section 144C has been inserted with effect from 1st April, 2009. Accordingly, the Assessing Officer is required to forward a draft assessment order to the eligible assessee, if he proposes to make, on or after the 1st day of October, 2009, any variation in the income or loss returned which is prejudicial to the interest of such assessee.
Obtain the details of the promoters / directors and/or Key Managerial Personnel of the listed companies who shall be responsible for ensuring compliance with the provisions of the Listing Agreement and in case of defaults, disclose such details on its website.
Conditions and modalities for registration of contracts for export of sugar with DGFT were given in the two policy circulars referred above. One of the conditions [condition at Para 2(i) of Policy Circular No. 63 dated 16.05.2012] was the upper limit of 25,000 MTs
Now onwards No Objection Certificate (NOC) is NOT required to be obtained from the respective financial sector regulator/regulators of the investee company as well as transferor and transferee entities in case of transfer of shares from Residents to Non-Residents where the investee company is in the financial services sector.
Notwithstanding any of the foregoing directions, entities/units in the SEZ and EoUs, Premier and Star Trading Houses (irrespective of whether they are nominated agencies or not) are permitted to import gold exclusively for the purpose of exports only.Similarly, exports toward sfulfillment of obligation under AA/DFIA scheme shall not qualify as export for the purpose of the scheme of 20:80.
