The Ministry of Corporate Affairs (MCA) as part of the process for implementing the Insolvency and Bankruptcy Code, 2016 (Code) had set-up a working group consisting of practitioners and experts for making recommendations for drafting rules and regulations for the insolvency resolution and liquidation of insolvent corporate persons.
Hence it is directed to request that it may be ensured that the data of all the appeals pending before CIT(A) as on 29.02.2016 is uploaded on ITBA module for CIT(A) latest by 21.10.2016. This may kindly be treated as Most Urgent.
Director General, Revenue Intelligence, hereby appoints officers mentioned in column (5) of the Table below to act as a common adjudicating authority to exercise the powers and discharge the duties conferred or imposed on officers mentioned in column (4) of the said Table
Lt. Governor of the National Capital Territory of Delhi is pleased to appoint the following AVATOs, with effect from the date of assumption of charge to assist the Commissioner of Value Added Tax, Government of National Capital Territory of Delhi in the administration of the said Act, namely :
In the said notification, in the TABLE, against serial number 8, in column (3), after the existing entries, the following entries shall be inserted, namely:- (11) Sub – Foreign Post office at Vijayawada; (12) Sub – Foreign Post office at Leh; (13) Sub – Foreign Post office at Hyderabad.
The issue of whether or not TDS under section 194-I of the Act is applicable on ‘lump sum lease premium’ or ‘one-time upfront lease charges” paid by an assessee for acquiring long-term leasehold rights for land or any other property has been examined by CBDT in view of representations received in this regard.
The existing members as on the 1st day of September, 2014, who at the option of the employer and employee, had been contributing on salary exceeding six thousand and five hundred rupees per month, may on a fresh option to be exercised jointly by the employer and employee continue to contribute on salary exceeding fifteen thousand rupees per month
CBDT amends Rule 17C to provide that The electoral trust shall not accept contributions— (a) from an individual who is not a citizen of India or from any foreign entity whether incorporated or not; (b) from any other electoral trust which has been registered as a company under section 25 of the Companies Act, 1956 […]
SEBI has been receiving representations seeking clarifications on raising of further capital and the process of exit of ELCs from the DB. Therefore, SEBI, in the interest of the investors of such ELCs, clarifies as follows:
Seeks to impose anti-dumping duty on Narrow woven Fabrics Hook and Loop Velcro Tapes of specified types, originating in or exported from People s Republic of China for a period of five years.