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Orders

Constitution of Review Committee of Commissioners of Central Excise – Reg

October 22, 2014 541 Views 0 comment Print

In exercise of the powers conferred by sub-section (1B) of section 35B of the Central Excise Act, 1944(1 of 1944), the Central Board of Excise and Customs constituted under the Central Board of Revenue Act,1963 (54 of 1963) constitutes the following Committees consisting of two Commissioners of Central Excise mentioned in column (2) of the Table below to be the Committee

Govt. proposes merger of NSEL with FTIL

October 21, 2014 2322 Views 0 comment Print

The Central Government proposes to issue the following Order (presently in the Draft form) causing Amalgamation of National Spot Exchange Limited with its Holding Company Financial Technologies (India) Limited

Spending on CSR mandatory for all public sector companies

October 21, 2014 3671 Views 0 comment Print

The Government of India enacted the Companies Act 2013 in August 2013. Section 135 of the Companies Act 2013 (hereinafter referred to as ‘the Act) deals with the subject of Corporate Social Responsibility (CSR). It lays down the qualifying criteria based on net worth, turnover, and net profit for companies which are required to undertake CSR activities

Constitution of Review Committee of Chief Commissioners of Central Excise

October 15, 2014 1063 Views 0 comment Print

In exercise of the powers conferred by sub-section (1B) of section 35B of the Central Excise Act, 1944 (1 of 1944), the Central Board of Excise and Customs, constituted under the Central Board of Revenues Act, 1963 (54 of 1963), constitutes the following Committees consisting of two Chief Commissioners of Central Excise mentioned in column (2)

Delhi VAT – Rate of VAT on Diesel Generating sets

October 1, 2014 6146 Views 0 comment Print

I have heard both the sides and of the considered view that the Diesel Generating sets are not manufacturing anything and they are only giving support to the machinery, hence, they are not covered under the intent of entry 86 of the Third Schedule appended to the DVAT Act 2004 because if if would have been the intention of the legislature then it would have been clearly mentioned in the entry itself.

Reconstitution of Dispute Resolution Panel at Bengaluru

September 17, 2014 1330 Views 0 comment Print

ORDER No. 3/FT & TR/2014 In exercise of the powers conferred by clause (a) of sub-section (15) of section 144C of the Income-tax Act, 1961(43 of 1961) read with income-tax (Dispute Resolution Panel) Rules. 2009 as amended from time to time and in supersession of earlier Orders constituting Dispute Resolution Panel at Bengaluru, the Central Board of Direct Taxes hereby constitutes the Dispute Resolution Panel at Bengaluru comprising of three Commissioners of Income-tax as Members of the said Panel with a Reserve Member in such Panel in accordance with Rule 3(3) of the Income-tax (Dispute Resolution Panel) Rules, 2009 as under:

ITR Due date extended to 30.11.2014 for assessees In state of Jammu & Kashmir

September 16, 2014 1980 Views 0 comment Print

Extension of due-date for filing returns of Income From 30-9-2014 To 30-11-2014 By assessees In state of Jammu & Kashmir – Order-Instruction – Dated 16-9-2014 – Income Tax

Details of indirect tax revenue (provisional) collections during April-August 2014

September 12, 2014 793 Views 0 comment Print

Please find enclosed a press release issued by Central Board of Excise and Customs giving details of indirect tax revenue (provisional) collections during April-August 2014, along with growth rate over previous year.

Transfers / Postings Of Assistant/ Deputy Commissioners of Income-tax – Order No. 154 of 2014

September 10, 2014 4950 Views 0 comment Print

ORDER NO. 154 OF 2014 The following officers in the grade of Assistant / Deputy Commissioner of Income Tax are, hereby, transferred and posted as indicated against names of each of them with immediate effect and until further orders:

The Companies (Removal Of Difficulties) Seventh Order – dated 4th Sept 2014

September 4, 2014 2295 Views 0 comment Print

S.O. Whereas the Companies Act, 2013 (18 of 2013) (hereinafter referred to as the said Act) received the assent of the President on the 29th August, 2013 and section 143 of the Act, which provides for the powers and duties of the auditors and auditing standards, came into force with effect from 1st April, 2014;

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